Hyundai Motor’s India unit files for IPO

News
Corporate developments

Hyundai Motor India is seeking to raise about $2.5 billion in the IPO

Hyundai Motor India Ltd., the Indian unit of South Korean carmaker Hyundai Motor Group, has filed a draft red herring prospectus with the Securities and Exchange Board of India for its planned initial public offering, according to a news report published by CNBC-TV18 on June 15.

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