Hyundai sets price range for $3b India IPO

Hyundai sets price range for $3b India IPO

FILE PHOTO: A family unveils a new Hyundai car at one of the motor group's showrooms in New Delhi, India, September 6, 2024. REUTERS/Ainnie Arif/File Photo

Hyundai Motor India has set a price range of 1,865 rupees ($22) to 1,960 rupees ($23) for its initial public offering (IPO) that opens next week for subscriptions, an advertisement in the Financial Express newspaper showed on Wednesday.