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The low penetration of passenger autos domestically provides long runway of development, with HMIL nicely outfitted to seize this tangible progress story, it added. Hyundai Motor India Ltd preliminary public provide will open for public subscription on October 15. The automaker has additionally fixed a price band of Rs 1,865-1,960 per share for its mega Rs 27,870-crore IPO, which is ready to surpass LIC’s initial share sale of Rs 21,000 crore to turn into the biggest ever. Hyundai will Business News not problem new shares in the IPO, by which its South Korean …