Hyundai Motor's Indian unit will launch its $3 billion initial public offering next week, set to be the country's largest-ever IPO by issue size, in a red-hot stock market. Around 260 companies have raised more than $9 billion so far in 2024,

Hyundai Motor India IPO will be the first public issue by an automobile company in India in over two decades, following Maruti Suzuki's listing in 2003. The Rs 28,000-crore IPO is entirely a sale of existing shares,

The Indian subsidiary of Hyundai Motor is seeking to raise up to 4.4 trillion won ($3.26 billion) through an initial <