By Dhwani Pandya MUMBAI (Reuters) -Hyundai Motor plans to use proceeds from a $3.3 billion IPO of its Indian unit to enhance its research efforts and develop new cars, aspiring to transform the South Asian country into a manufacturing hub for emerging markets.

BlackRock Inc., Singaporean sovereign wealth fund GIC Pte and Capital Group are among those that have made bids to buy stock in Hyundai Motor India Ltd.’s $3.3 billion initial public offering, according to people familiar with the matter.

Hyundai will roll out a $3.3 billion initial public offering of its India unit next week, executives said Wednesday, the biggest stock market debut in the world's fastest-growing major economy.

Hyundai Motor India will launch its IPO next week, marking parent Hyundai's first listing outside South Korea and India's first carmaker IPO since 2003.

Hyundai Motor India’s IPO will be open from October 15-17, marking the largest public issue in India's history. Set at Rs 1,865-1,960 per share, the I

The Indian arm of the South Korean carmaker will be making investments towards capacity expansion, product and platform development, new launches, etc.

Hyundai Motor plans to use proceeds from a record $3.3 billion IPO of its Indian unit to enhance its research efforts and develop new cars, aspiring to transform the South Asian country into a manufacturing hub for emerging markets.

Hyundai Motor India plans to launch India's largest IPO, aiming to raise Rs 27,870 crore. The IPO will enhance the company's trust and inclusivity in

The Rs 27,856 crore IPO of Hyundai Motor India shall open for bidding between October 15-17 as it will sell shares in the range of Rs 1,865-1,960 apiece with a lot size of 7 shares.

(Reuters) - Hyundai Motor India will launch its IPO next week, marking parent Hyundai's first listing outside South Korea and India's first carmaker IPO since 2003. The $3 billion IPO would offer shares at a price range of 1,865 rupees to 1,960 rupees ($22 to $23) per share, valuing Hyundai's Indian unit at up to $19 billion.