The filing of Hyundai India’s preliminary prospectus follows the recent conclusion of the government election in India.
June 17, 2024 at 03:56 AM
2 minute read
Asia Editor
Shardul Amarchand Mangaldas & Co and Latham & Watkins are advising South Korean carmaker Hyundai Motor on the initial public offering for its Indian unit.
Hyundai India has filed preliminary papers with the Securities and Exchange Board of India for a listing in Mumbai. According to Reuters, the deal could raise as much as $3 billion, which would make Hyundai India the largest equity capital markets issuer in the country this year.
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