Hyundai Motor India IPO Date, Review, Price Details

  • IPO
  • October 16, 2024
  • 0 Comments

About Company

Hyundai Motor India is a wholly-owned subsidiary of Hyundai Motor Company, South Korea. It is the second-largest car manufacturer in India and the largest passenger car exporter.  

Key points about Hyundai Motor India:

Market Presence: Hyundai has a strong presence in the Indian market, known for its wide range of affordable and reliable vehicles.  
Manufacturing: The company operates a manufacturing plant in Chennai, India, with a significant production capacity.  
Product Line-up: Hyundai offers a diverse range of cars, including hatchbacks, sedans, SUVs, and electric vehicles.  
Customer Focus: Hyundai is committed to providing exceptional customer service and satisfaction.  
Popular Hyundai models in India:

Creta  
Venue  
i20  
Grand i10 NIOS  
Verna  
Hyundai Motor India has played a significant role in the growth of the Indian automotive industry and continues to be a major player in the market.

 


Sources and related content

SYMBOL

HYUNDAI

ISSUE PERIOD

15-Oct-2024 to 17-Oct-2024

Issue Type

100% Book Building

Price Range

Rs. 1865 to Rs. 1960 per Equity Share

Discount

Rs 186 per equity share to eligible employees

1 Lot Size

7 Equity Shares and in multiples thereof

Minimum Order Quantity

7 Equity Shares

Maximum Subscription Amount for Retail Investor

Rs. 2,00,000

Maximum Subscription Amount for Eligible Employee

Rs. 5,00,000

Maximum Bid Quantity for QIB Investors

9,89,91,410 equity shares in multiple of 7 Equity Shares (Calculated at Higher Price band)

Maximum Bid Quantity for NIB Investors

7,07,08,148 equity shares in multiple of 7 Equity Shares (Calculated at Higher Price band)

Book Running Lead Managers

Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited,HSBC Securities and Capital Markets (India) Private Limited, J.P. Morgan India Private Limited and Morgan Stanley India Company Private Limited

Sponsor Bank

HDFC Bank Limited, Axis Bank Limited, ICICI Bank Limited and Kotak Mahindra Bank Limited

Categories

FI, IC, MF, FII, OTH, CO, IND, NOH and EMP

Sub-Categories applicable for UPI

IND and EMP (upto 5 Lakhs)

Name of the Registrar

Kfin Technologies Limited

Address of the Registrar

Selenium, Tower-B, Plot No. 31 and 32 Financial District Nanakramguda, Serilingampally Hyderabad 500 032 Telangana, India

Application Form

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