Hyundai Motor Co. is seeking a valuation of $19 billion for the initial public offering of its India unit, people familiar with the matter said, in what could be the nation’s biggest share sale.

The upcoming Initial Public Offering (IPO) of Hyundai Motors India has sparked significant interest in the Indian markets, but a recent report by Aequitas Investments suggests it may not be as promising for Indian investors as anticipated.

Hyundai Motor Company is preparing for what may be the biggest initial public offering (IPO) in India's history, a ground-breaking move that could upend the nation's stock market.

Hyundai Motor India aims to raise ₹25,000 crore through the proposed initial public offering. This would be the largest IPO in India after LIC’s initial share sale of ₹21,000 crore.

The Hyundai Motor India IPO will mark the first time in two decades that a carmaker has gone public in India, following Maruti Suzuki's listing in 2003

Capital markets regulator SEBI has cleared the IPO papers for Hyundai Motor India Ltd. The company plans to launch an IPO of up to 142,194,700 equity shares, each with a face value of ₹10.

The much awaited IPO of Hyundai Motors and its listing are looked at eagerly by investors, as the IPO is already commanding a significant GMP. Here are 10 Key things to know from DRHP

Hyundai India IPO will offer 14.2 crore shares, representing a 17.5% stake, with a face value of Rs 10 each, as detailed in the draft red herring prospectus submitted to the markets regulator in June.

Hyundai's IPO specifics such as size, valuation, and other particulars are under discussion and are subject to change, with the listing expected to take place on October 22.