India's IPO season is in full swing, with several companies making their market debuts. Among the biggest upcoming IPOs are those from Hyundai and Swiggy, but which one presents a greater opportunity? Deven Choksey, MD of DR Choksey FinServ Private, shares his insights on both IPOs including NTPC Green. He notes that Hyundai's promoters are monetizing their holdings through the IPO, with funds primarily benefiting Hyundai's parent company in South Korea, rather than being reinvested for growth in India. Deven Choksey emphasizes that Hyundai's balance sheet already has the necessary cash for expansion, a detail he believes is overlooked in the IPO documentation. A similar scenario applies to Swiggy, where a significant portion of the funds will also flow to promoters. In contrast, Deven Choksey highlights NTPC Green as a promising option, as a substantial amount will be directed towards growth initiatives. Watch the full video for Deven Choksey's comprehensive analysis of these upcoming IPOs!