Hyundai Plans Record-breaking IPO in India | Vantage with Palki Sharma
Hyundai Motor's Indian unit has applied for regulatory approval to list on the Mumbai stock exchange, in what could be the nation's largest IPO. This would mark the first time an Indian carmaker has gone public since Maruti Suzuki in 2003. Hyundai plans to sell up to 17.5% of its stake, aiming to raise $2.5-$3 billion at a potential $30 billion valuation. With India being Hyundai's third-largest revenue market, the company continues to invest heavily, including an additional $4 billion over the next decade. Palki Sharma tells you more.
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Hyundai | India | Maruti Suzuki | Investment | Revenue | Mumbai | Stock Exchange | IPO | Firstpost | World News | Vantage | Palki Sharma
#hyundai #india #ipo #marutisuzuki #investment #revenue #mumbai #stockexchange #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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