Shares of Hyundai Motor India Ltd. are set to start trading in Mumbai on Tuesday after a $3.3 billion initial public offering that was the South Asian nation’s largest ever.
The IPO valued the Indian unit of South Korea’s Hyundai Motor Co. at about $19 billion. The parent sold a 17.5% stake in India’s second-largest carmaker in the deal.
Ahead of the listing of mega IPO of Hyundai Motor India, Indian markets saw a lot of buzz around bunch of upcoming listings. It was Day 1 Subscription of Waaree Energies and Deepak Builders. The ...