Hyundai Motor India plans to launch a Rs 25,000-crore IPO on Oct 14, marking India’s largest share sale since LIC’s in 2022. The IPO, comprising entirely of an Offer-for-Sale (OFS) of shares by promoter Hyundai Motor Company, aims to raise $3 billion. This is the first automotive IPO in India since Maruti Suzuki’s 2003 listing.