May 13 (Reuters) - Aluminum products maker Novelis,

owned by Indian conglomerate Aditya Birla Group's Hindalco

Industries, made public its filing for an initial

public offering in the United States on Monday.

The company is moving ahead with a listing at a time when

the U.S. IPO market is on a rebound this year, after a two-year

lull, on hopes of a "soft landing" for the economy, where

inflation falls without a recession or big job losses.

Novelis is seeking to complete the planned IPO as soon as

early June, Bloomberg News reported, citing people familiar with

the matter.

The company could begin formally marketing the deal in about

two weeks, according to the report.

Novelis, a leading producer of flat-rolled aluminum

products, did not immediately respond to a Reuters request for

comment for more details on the IPO.

The company reported net sales of $16.21 billion in fiscal

2024, compared with $18.49 billion a year earlier. Net income in

fiscal 2024 was $600 million, compared with $658 million.

Novelis in May reported a rise in its fourth-quarter core

profit on strong aluminum demand and higher prices, with the

long-term outlook for the company's earnings expected to

increase further, according to analysts.

Hindalco acquired Novelis in 2007 in an all-cash deal.

Novelis, which has rolling and recycling facilities across

North America, South America, Europe and Asia, will list on the

New York Stock Exchange under the symbol "NVL".

Morgan Stanley, BofA Securities and Citigroup Global Markets

are the lead underwriters for the offering.