Hyundai's Mega IPO in India Starts Next Week
Briefly

"India is one of the most exciting auto markets in the world. We believe that now is the right time for us to take a step forward to further 'Indian-ise' our operations and become a home brand," Hyundai Motor India's Director Unsoo Kim.
Hyundai IPO in India is set to start at 1,865 rupees ($22.20) and is estimated to reach up to 1,950 rupees ($23.22). The South Korean automaker plans to sell a 17.5% stake in its subsidiary in India, making its business value $19 billion based on the $23.22 price estimate.
Read at TESLARATI
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