Hyundai Motor India IPO Date, Review, Price Details
HYUNDAI MOTOR INDIA LIMITED IPO
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