# Hyundai IPO Date: India’s Largest IPO Set for Launch

URL: https://technosports.co.in/hyundai-ipo-date-indias-largest-ipo/  
Published: 2024-09-28  
Updated: 2024-09-28  
Author: Raunak Saha

**Hyundai IPO Date 2024: All You Need to Know**

**[Hyundai Motor India](https://www.hyundai.com/in/en)** is gearing up for India’s largest **IPO**, as it receives the green light from the **Securities and Exchange Board of India (SEBI)** for a ₹25,000 crore public issue. The automaker is set to raise **$3 billion** with a company valuation of **$20 billion**, making it the first automaker in India to file an **IPO** since **Maruti Suzuki** in 2003.

## Hyundai IPO Date 2024: Hyundai Motor Gets SEBI Green Light for ₹25,000 Crore Issue

This highly anticipated IPO aims to strengthen Hyundai’s visibility and brand in India while providing liquidity and public market access to its shares. As the **second-largest carmaker** in the country, after Maruti Suzuki, Hyundai has already invested **$5 billion** in its two manufacturing units. The company plans to invest an additional **$4 billion** over the next decade to further cement its foothold in India’s booming automotive market.

[Hyundai’s](https://technosports.co.in/tag/hyundai/) IPO is not just set to be the **biggest in India** but also underscores the brand’s growing importance, with India being its **third-largest revenue market** after South Korea and the UK.