White & Case advises lead managers on IPO of Hyundai Motor India

Press Release
1 min read

Global law firm White & Case LLP has advised the book running lead managers on the Rule 144A initial public offering (IPO) of Hyundai Motor India Limited.

Hyundai Motor India Limited filed the draft red herring prospectus on June 14, 2024.  The offering will enable the South Korean parent of Hyundai Motor India Limited to sell up to a 17.5 percent stake in its subsidiary.

Citigroup Global Markets India Private Limited, HSBC Securities and Capital Markets (India) Private Limited, J.P. Morgan India Private Limited, Kotak Mahindra Capital Company and Morgan Stanley India Company Private Limited are acting as the book running lead managers for the transaction.

The White & Case team which advised on the transaction was led by partners Rahul Guptan (London) and Kaya Proudian (Singapore), with support from partners Dongho Lee (Seoul) and Steven Gee (New York), local partners James Hsiao (Hong Kong) and Kyle Oh (Seoul) and associates Ji Yang Lim, Rachna Talati, Stephanie Zhao (all Singapore), Royston Tan (Hong Kong) and Nir Fishbien (New York).

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