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2024

5 out of 6 mega IPOs have destroyed wealth. What’s in store for Hyundai IPO investors?

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Hyundai Motor IPO: Five out of six mega IPOs have resulted in wealth destruction, with examples like LIC and Paytm listing at losses. Despite positive broker ratings for Hyundai's record-breaking IPO, history shows large IPOs often correlate with market peaks and subsequent investor losses.