Big IPOs set to hit the street as market regulator SEBI clears food delivery & quick commerce player Swiggy's confidential IPO filing. Auto major Hyundai's $3 bn issue could be India's biggest ever. Vinnii Motiwala with more details.

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 Ltd, the Indian arm of South Korean automaker Hyundai, and food and grocery delivery major Swiggy have received capital markets regulator Sebis approval to float initial public offerings (IPOs),

India's biggest IPO is set to hit the floors, with markets regulator Sebi approving the draft red herring prospectus of Hyundai Moto.

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,

Hyundai has maintained a consistent market share between 15 per cent and 17 per cent since 2008, reinforcing its position as the second-largest automaker in India.

Hyundai Motor India, which is set to launch India’s biggest IPO soon, should be valued higher than market leader Maruti Suzuki, according to global brokerage Nomura. What Happened: Although specific details such as pricing and the exact timeline have not yet been disclosed,

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.