Hyundai Motor India has obtained approval for its initial public offering from the Securities and Exchange Board of India, according to two sources familiar with the situation. The South Korean automaker plans to raise $3 billion at a roughly $20 billion valuation,

The Securities and Exchange Board of India (SEBI) has granted approval for Hyundai Motor India's Rs 25,000 crore IPO. All eyes are on the potential listing of the auto major in late October.

Hyundai Motor India receives Sebi approval for its initial public offering (IPO), marking a significant milestone for the Indian auto industry. The IPO will be an Offer-for-Sale (OFS) of shares by promoter Hyundai Motor Company.

New Delhi: Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, has received capital markets regulator SEBI's approval to float an initial public offering (IPO), people familiar with the development said on Wednesday.

In February this year, sources confirmed that the South Korean automaker is looking to raise at least USD 3 billion through an IPO.

A Hyundai India IPO is noteworthy, for that would make the South Korean firm the first carmaker to list in India since Maruti Udyog in 2003.

Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, has received capital markets regulator Sebi's approval to float an initial

Hyundai Motors India is all set to launch the country's biggest-ever initial public offering (IPO) after receiving approval from the Securities and Exchange Board of India (Sebi). The company submitted its draft papers in June 2024 and the IPO may be launched as soon as October,

Hyundai Motor India approved for IPO, aiming to raise $3 billion, expand SUV lineup, and launch electric vehicle.

Hyundai Motor India Limited received Sebi's approval for a $3 billion IPO, set to be India's largest, surpassing LIC's $2.7 billion listing.