Hyundai Motor India Unit Files for IPO in India Mumbai with Target $30 Billion Valuation, Selling 17.5% Shareholding to Raise $2.5 Billion to $3 Billion, Hyundai Motor India is India 2nd Largest Car Manufacturer, Largest in India is Maruti Suzuki
18th June 2024 | Hong Kong
Hyundai Motor India unit has filed for a IPO in India Mumbai (Bombay Stock Exchange) with target $30 billion valuation. Hyundai Motor India has been reported to be planning sell 17.5% of shareholding to raise $2.5 billion to $3 billion in the IPO. Hyundai Motor India is India’s 2nd largest car manufacturer. The largest car manufacturer in India is Maruti Suzuki. About Hyundai Motor Company – Established in 1967, Hyundai Motor Company is present in over 200 countries with more than 120,000 employees dedicated to tackling real-world mobility challenges around the globe. Based on the brand vision ‘Progress for Humanity,’ Hyundai Motor is accelerating its transformation into a Smart Mobility Solution Provider. The company invests in advanced technologies such as robotics and Advanced Air Mobility (AAM) to bring about revolutionary mobility solutions while pursuing open innovation to introduce future mobility services. In pursuit of a sustainable future for the world, Hyundai will continue its efforts to introduce zero-emission vehicles with industry-leading hydrogen fuel cell and EV technologies.
“ Hyundai Motor India Unit Files for IPO in India Mumbai with Target $30 Billion Valuation, Selling 17.5% Shareholding to Raise $2.5 Billion to $3 Billion, Hyundai Motor India is India 2nd Largest Car Manufacturer, Largest in India is Maruti Suzuki “
About Hyundai Motor Company – Established in 1967, Hyundai Motor Company is present in over 200 countries with more than 120,000 employees dedicated to tackling real-world mobility challenges around the globe. Based on the brand vision ‘Progress for Humanity,’ Hyundai Motor is accelerating its transformation into a Smart Mobility Solution Provider. The company invests in advanced technologies such as robotics and Advanced Air Mobility (AAM) to bring about revolutionary mobility solutions while pursuing open innovation to introduce future mobility services. In pursuit of a sustainable future for the world, Hyundai will continue its efforts to introduce zero-emission vehicles with industry-leading hydrogen fuel cell and EV technologies.
Hyundai Motor India Unit Files for IPO in India Mumbai with Target $30 Billion Valuation, Selling 17.5% Shareholding to Raise $2.5 Billion to $3 Billion, Hyundai Motor India is India 2nd Largest Car Manufacturer, Largest in India is Maruti Suzuki
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