According to three sources, the bank that provided consulting services for the IPO of Hyundai's Indian subsidiary will receive up to $40 million in commission, the second-highest level in history. Hyundai's Indian subsidiary applied for approval to go public to regulatory agencies this month. This could be the largest IPO transaction in India, with Hyundai raising approximately $2.5-3 billion. The subsidiary's valuation could reach as high as $30 billion. Sources directly involved in the transaction discussions said that Hyundai India will pay banks such as JPMorgan, Citigroup, and HSBC a commission equivalent to 1.3% of the IPO size.
为现代印度子公司IPO提供服务的银行或获得高达4000万美元佣金
Banks that provide services for Modern India's subsidiary IPO can earn commission of up to $40 million.
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