Hyundai Motor is scheduled to hit the market on September , 2024 and close on September , 2024. Hyundai Motor plans to raise around ₹… Cr through an IPO with a sale of up to 142,194,700 equity shares of ₹10 each. The Retail offered 35%, QIB Shares Offered 50%, HNI Shares Offered 15%.
Hyundai Motor India Limited, started in May 1996, is part of the Hyundai Motor Group, which is the third-largest car manufacturer in the world based on passenger vehicle sales. The company makes and sells reliable and innovative cars, including sedans, hatchbacks, SUVs, and electric vehicles (EVs). As of March 31, 2024, Hyundai has sold nearly 12 million passenger vehicles in India and through exports. They have a network of 1,366 sales points and 1,550 service centers across the country to provide mobility solutions.
Hyundai's manufacturing plant near Chennai produces all its vehicle models. The company has partnered with 363 dealer companies for distribution and sales in India. Some popular models include the Grand i10 NIOS, i20, Venue, Creta, and the all-electric SUV Ioniq 5. Hyundai also exports its cars to countries like Africa, the Middle East, Bangladesh, Nepal, Bhutan, and Sri Lanka.
Hyundai Motor IPO Details
Hyundai Motor IPO opens on September , 2024, and closes on September , 2024. The Listing date for Hyundai Motor IPO is on October , 2024. The price band for IPO is ₹… to ₹… per share and lot size of … Shares.
| IPO Date | September …, 2024 to September , 2024 |
| Listing Date | October , 2024 |
| Price | ₹ to ₹ per share |
| Lot Size | Shares |
| Issue Size | ₹ Cr |
| Face Value | ₹10 per share |
Hyundai Motor IPO Tentative Timetable
Hyundai Motor opening date is September , 2024 and close date is September , 2024. The IPO allotment date is September , 2024. Therefund initiation of IPO is on October , 2024. The credit of shares in demat account is on October , 2024. The listing date is on October , 2024.
| Event | Date |
|---|---|
| IPO Opening | September , 2024 |
| IPO Closing | September , 2024 |
| IPO Allotment Date | September , 2024 |
| Refund Initiation | October , 2024 |
| Shares Credit to Demat | October , 2024 |
| Lisiting Date | October , 2024 |
Hyundai Motor IPO Lot Size
Lot Size of this IPO is .. shares. A retail-individual investor can apply for up to 13 lots (… shares or ₹…).
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail(Minimum) | 1 | ₹ | |
| Retail(Maximum) | ₹ | ||
| S-HNI (Minimum) | ₹ | ||
| B-HNI (Minimum) | ₹ |
Hyundai Motor IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding |
Hyundai Motor IPO Review
To be updated soon
Hyundai Motor IPO Subscription Status (Bidding Details)
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- Arihant Capital: To be updated soon
Hyundai Motor IPO FAQs
What is Hyundai Motor IPO?
Hyundai Motor is issuing 142,194,700 equity shares with a face value of ₹10 each, totaling up to ₹ Cr. The shares are being offered at a price of ₹ to ₹ each, with a minimum order quantity of .. shares.
Kfin Technologies Limited is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.
When Hyundai Motor IPO will open?
Hyundai Motor will open on September , 2024 for QIB, NII, and Retail Investors.
When Hyundai Motor IPO will end?
Hyundai Motor will end on September , 2024.
What is Hyundai Motor IPO Size?
Hyundai Motor IPO size is ₹ Cr.
What is Hyundai Motor IPO Price Band?
Hyundai Motor price band is ₹ to ₹ per share.
What is Hyundai Motor IPO Allotment Date?
Hyundai Motor allotment date is September , 2024.
What is Hyundai Motor IPO Listing Date?
Hyundai Motor listing date is October , 2024. The IPO is to be listed on BSE and NSE.
How to Hyundai Motor IPO through Zerodha?
To apply for the IPO “Hyundai Motor” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate in your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.
How to Apply Hyundai Motor IPO through Upstox?
To apply for the IPO “Hyundai Motor” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.
How to check Hyundai Motor IPO Allotment Status?
For Hyundai Motor IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.
What is Hyundai Motor IPO GMP?
You can check out here: Hyundai Motor IPO GMP. Check all IPO GMP here.