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.

MobiKwik had announced that it would go public in January 2024. Notably, this was the second time the company shared plans to go public.

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),

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.

The wholly-owned subsidiary of the Hyundai Motor Company headquartered in South Korea, Hyundai Motor India has secured the approval from the capital market regulator Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO) as per the reports.