Hyundai Motor India has set a price range of Rs 1,865 to Rs 1,960 for its initial public offering (IPO) that opens next week for subscriptions, an advertisement in the Financial Express newspaper showed on Wednesday.
The Indian unit of the Korean carmaker is offering a discount of Rs 186 per share to eligible employees in the IPO, the advertisement showed.
The $3 billion IPO, India's largest ever, will open for subscriptions for big institutional investors on Oct. 14, and invite bids from retail and other categories during October 15-17.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Advertisement
Featured Video Of The Day
COMMENTS
Advertisement
Hyundai Diwali Discounts Go Up To Rs 85,000 On Alcazar, Creta, Venue & Others Hyundai Super Delight Days Announced: Big Discounts This Dussehra, Diwali Hyundai Takes Second Spot In Monthly Sales For Sept'24, Sold 64,201Units IAS Officer Tina Dabi Raids Rajasthan Spa Centre On Sex Racket Suspicion After Haryana Poll Shock, Congress Faces Samajwadi Party's Bypoll Snub India's Richest Woman Savitri Jindal, 2 Independent MLAs Back BJP In Haryana IIT Delhi Offers Design Thinking And Innovation Certificate Programme Hyundai Motor India's IPO Opens On 15 October US Election: What Exactly Would A Trump Or A Harris Mean For The World? Track Latest News Live on NDTV.com and get news updates from India and around the world.