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Biggest IPO in Indian history? Hyundai India’s Rs 27,870cr listing could shatter records!

By Pallavi Madhiraju on October 9, 2024 Auto and Transport Industry News

Hyundai Motor India is gearing up to launch one of the most anticipated IPOs in recent memory, marking the first public issue by an automaker in India since Maruti Suzuki’s landmark listing in 2003. The Hyundai India IPO is set to open on October 15 and is expected to fetch up to ₹27,870 crore ($3 […]

Hyundai Motor snaps up GM’s Talegaon plant assets in Maharashtra to amplify manufacturing prowess

By Pallavi Madhiraju on August 17, 2023 Auto and Transport Industry News

Hyundai Motor India Limited (HMIL) has sealed the deal with an Asset Purchase Agreement (APA) to acquire key assets at General Motors India’s (GMI) Talegaon Plant. This momentous agreement encompasses the assignment of land, buildings, and other crucial assets at the plant. As an enhancement to Hyundai’s steadfast dedication to the Indian automotive arena, this […]