5 out of 6 mega IPOs have destroyed wealth. Whatβs in store for Hyundai IPO investors?
Beating LIC’s mammoth IPO worth Rs 20,557 crore in May 2022, Korean car manufacturer Hyundai Motor India’s IPO of Rs 27,856 crore will rewrite record books as India’s largest public issue ever. But large sizes and returns don’t go hand in hand most of the time. Out of the 6 mega IPOs worth at least…
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