Hyundai India starts $3.3 billion IPO in country's largest ever share sale:

Daily Current Affairs / Hyundai India starts $3.3 billion IPO in country's largest ever share sale:

Change Language English Hindi

Category : Business and economics Published on: October 15 2024

Share on facebook

Hyundai India started taking orders for its $3.3 billion initial public offering in Mumbai on 14th Oct, the company said in regulatory filings, a deal that will be the country's largest-ever share offering and world's second-biggest IPO in 2024.
The IPO shows that India's red-hot capital markets show no sign of cooling, with 260 companies having raised more than $9 billion so far in 2024, according to LSEG data. The year-to-date volume has already surpassed the $7.42 billion total raised last year.

World Environment Day 2025 to focus on ending plastic pollution; South Korea to host global celebrations.
Read More....
Geneva to host second session of global plastic pollution treaty talks from August 5 to 14, 2025.
Read More....
RCB wins IPL title for the first time, ending Virat Kohli's 18-year-long wait.
Read More....
June observed as Men's Health Month to raise awareness about men's well-being.
Read More....
Karol Nawrocki wins Polish presidential election with 50.9% votes, defeating pro-EU candidate.
Read More....
India to need 1 million AI professionals by 2026; AI education and tech sector on the rise.
Read More....
PSG wins Champions League for the first time with record 5–0 win over Inter Milan.
Read More....
IIT Delhi and AIIMS sign MoU to set up AI research centre in healthcare.
Read More....
India elected to UN Economic and Social Council for 2026–2028 term.
Read More....
Two Rajasthan wetlands added to Ramsar list, taking India’s total to 91 sites.
Read More....

Hyundai India starts $3.3 billion IPO in country's largest ever share sale: