Large multinationals keen on IPOs in India despite Hyundai's weak debut: Citi | Stock Market News

Despite Hyundai’s weak IPO debut, large multinational companies remain keen on launching IPOs in India. Citi reported that the Indian market continues to attract global firms due to its robust economic growth, favorable regulatory environment, and strong investor interest. The report highlighted that several multinational companies are planning to list on Indian stock exchanges, leveraging the country’s dynamic capital markets. The interest from global firms underscores India’s position as a key destination for raising capital and expanding business operations. The report also noted that the Indian IPO market offers significant opportunities for growth and investment, despite occasional setbacks like Hyundai’s underwhelming performance3.