Hyundai Motor India's IPO will open next week for subscriptions and will likely be priced in the range of 1,865 to 1,960 rupees ($22 to $23) per share, sources said on Tuesday, valuing the automaker at up to $19 billion in the country's biggest stock offering this year.

Hyundai Motor Co. is seeking to raise as much as $3.3 billion through an initial public offering of its Indian unit, people familiar with the matter said, kicking off the country’s biggest-ever listing.

Hyundai Motor India's IPO will mark 1st issue by any automaker since 2003 when Maruti Suzuki launched its public issue

Hyundai Motor said in a regulatory filing on Tuesday that it will sell 142 million shares it holds in Hyundai Motor India for the latter's initial public offering. The South Korean automaker said it will still hold 670 million shares in Hyundai Motor India,

Hyundai Motor India is all set to open its Initial Public Offering (IPO) next week. The share price range is expected to be between ₹1,865 to ₹1,960 potentially valuing the automaker at $19 billion (around ₹1.

Hyundai Motor Co. said Tuesday it has decided to sell a 17.5 percent share in its Indian subsidiary for the initial public offering (IPO) it plans for this year. The South Korean automaker said in a regulatory filing it will sell 142.