November 22, 2024 15:07 (IST)
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Hyundai India IPO: Company picks up JP Morgan, Citi, and HSBC as advisors, says report

Hyundai India IPO: Company picks up JP Morgan, Citi, and HSBC as advisors, says report

Mumbai: Hyundai Motor, the South Korean automotive company, has proposed an initial public offering (IPO) for its India division. It has selected JP Morgan, Citi, and HSBC as advisors for the potential IPO, aiming to raise an estimated $3 billion to $3.5 billion, Moneycontrol reported citing various anonymous industry insiders.