Hyundai Motor India Plans Record IPO: Targets $3 Billion with Valuation of $18-20 Billion

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Hyundai is planning to dilute 17.5% stake in its Indian unit via IPO

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Hyundai's India IPO Marks Industry Milestone, following Japanese automaker Maruti Suzuki's listing in 2003

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Hyundai India aims to use the proceeds from the IPO to expand operations

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