India, Feb. 5 -- Hyundai has been present in India for over three decades and is one of the leading car manufacturers in the country. The South Korean auto giant has operates from its headquarter in Gurugram and has its main manufacturing facility just outside of Chennai in Tamil Nadu. And it is now learnt that the company may be preparing an initial public offer or IPO which could also be one of the largest in the market.

As per a source-based report in Economic Times, Hyundai Motor Co. is considering plans to list its India subsidiary in a bid to make the most of India's IPO prowess. The report further speculates that the IPO may be brought out around the Diwali period in the country and may be the largest if it comes to fruition. At p...