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 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 Co. plans a massive IPO for its India unit, aiming for a $19 billion( approximately Rs1.58 lakh crore) valuation, potentially raising $3.3 billion. With a listing set for October 22 in Mumbai,

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 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.

Hyundai Motor India is likely to launch a $3 billion (about Rs 25,000 crore) Initial Public Offering (IPO), according to a report. It would be the largest IPO of India after LIC, which was around Rs 21,000 crore. According to several media reports, Hyundai has given final consent for opening the IPO subscription from October 14 to 16.

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

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'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.