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Is India's biggest IPO from Hyundai a damp squib due to entire-OFS offering?

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Hyundai India plans to launch its biggest ever IPO to raise Rs 27,870 crore through an offer for sale. This IPO will not bring funds directly to the Indian unit, as the proceeds will go to the Korean parent company. Still, Hyundai India's strong cash reserves and strategic plans for growth remain promising.

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