The price hike would be across the entire range of cars of Skoda including Superb, L&K, RS, Rider, Elegance, Automatic and Ambiente, the company said.
"We are considering a move to increase the prices due to the Euro-III norms coming into effect next year. The price rise will also be impacted by increase in the input costs," its managing director Imran Hassen said.
The last price hike by Skoda was early this year.