Mumbai/IBNS: Hyundai Motor India, a wholly-owned subsidiary of the South Korean-headquartered Hyundai Motor Company, has reportedly received approval from the Indian regulatory body for securities and commodity market,

Hyundai Motor India is set to make a significant splash in the Indian IPO market. The South Korean automaker has secured SEBI approval for its $3 billion IPO, valuing the company at around $20 billion.

Hyundai Motor India and Swiggy have received SEBI approval to launch IPOs, with Hyundai aiming to raise over $3 billion and Swiggy planning to raise over Rs 10,000 crore. Hyundai's IPO marks the first automaker listing in over two decades,

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.

The IPO is expected to value Hyundai at approximately USD 18 billion (Rs 1.5 lakh crore), making it the biggest public listing in Indian automotive history.

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 capital markets regulator has given a green light to Hyundai Motor Co’s Indian unit, Hyundai Motor India Limited, for launching its IPO worth nearly $3 billion

Hyundai Motor India (HMIL), the Indian arm of South Korean auto manufacturer Hyundai Motor Co, is on track to introduce its USD 3 billion initial public offering (IPO) with a company valuation of approximately USD 20 billion after securing approval from the Securities and Exchange Board of India (Sebi).

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.

India's second biggest car maker Hyundai Motor India has finally received the much-awaited approval from market regulator SEBI to launch its IPO. This IPO is also expected to be the biggest public issue in the country.