draft red herring prospectus
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Hyundai IPO: Files DRHP for public issue; pricing details awaited; expected to raise record $3 billion
The Indian arm of the South Korean auto major Hyundai Motor India (HMIL) has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) in which the company will sell around 142.2 million shares (of the total 812 million shares) at a face value of ₹10 each.