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Investment banks pitch Toyota India IPO to Tokyo execs
Mint New Delhi
|October 01, 2025
said. "Several meetings have been held with the (Toyota) global team that will take the strategic call," he added.
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Toyota is yet to begin the formal listing process.
(AFP)
According to a second person, banks met Toyota Motor Corp.'s chief financial officer and another top-level executive who is responsible for the company's strategic direction and global operations to discuss the listing plans.
"Given the successful listing of Hyundai India, other global players having a significant presence in India are now contemplating a local listing," the third person said. Given the depth of Indian capital markets, large issuances are able to sail through smoothly, giving global players the confidence to list on domestic bourses.
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