Hyundai Motor India has received approval from Sebi for its ?25,000-crore IPO, set to be the largest in India's history. The offering will consist entirely of an offer-for-sale by Hyundai Motor Co. The IPO is expected to launch by November and could surpass previous records held by LIC and Paytm. India's largest IPO, Hyundai Motor India gets Sebi green light for Rs 25,000-cr issue.