The much-awaited initial public offering (IPO) of Hyundai Motor India, the Indian arm of South Korean automaker Hyundai, is expected to hit the market on October 14, said people familiar with the development.

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.

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.

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 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.

During the nine months to December in FY24, at Rs 75,000, the net profit earned by Hyundai’s India subsidiary was 25% more than Maruti Suzuki at Rs 60,150.

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.

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

The South Korean parent is diluting some of the stake through the OFS route. Since the public issue is completely an OFS, Hyundai Motor India Ltd, which is the second largest carmaker in India after Maruti Suzuki India,

Hyundai Motor Company seeks a $19 billion valuation for Hyundai Motor India’s biggest IPO, aimed at raising $3.3 billion by selling a 17.5% stake. The listing, expected on October 22 in Mumbai, anticipates significant interest from foreign and local investors,