South Korean automaker Hyundai Motor’s India unit will raise more than $3 billion in what would be the biggest-ever initial public offering in India. Hyundai Motor India’s share sale, which would beat the previous Indian IPO record of around $2.

By Nandan Mandayam, Hritam Mukherjee and Aditya Kalra (Reuters) -Hyundai Motor India's $3.3-billion initial public offering was oversubscribed by more than two times on Thursday attracting aggressive bidding from institutional investors,

Notably, the three most lucrative deals have all occurred in 2024. Alongside Hyundai’s offering, Vodafone India’s Rs 18,000 crore follow-on public offering (FPO) generated Rs 287 crore in fees, while Ola Electric Mobility’s Rs 6,146 crore IPO pumped Rs 145 crore into the pockets of investment bankers.