Hyundai India Share Price : IPO Details
| IPO Date | October 15, 2024 to October 17, 2024 |
| Listing Date | October 22, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹1865 to ₹1960 per share |
| Lot Size | 7 Shares |
| Total Issue Size | 142,194,700 shares (aggregating up to ₹27,870.16 Cr) |
| Offer for Sale | 142,194,700 shares of ₹10 (aggregating up to ₹27,870.16 Cr) |
| Employee Discount | Rs 186 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 812,541,100 |
| Share holding post issue | 812,541,100 |
Lot Size
Investors can bid for a minimum of 7 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 7 | ₹13,720 |
| Retail (Max) | 14 | 98 | ₹192,080 |
| S-HNI (Min) | 15 | 105 | ₹205,800 |
| S-HNI (Max) | 72 | 504 | ₹987,840 |
| B-HNI (Min) | 73 | 511 | ₹1,001,560 |
Incorporated in May 1996, Hyundai Motor India Limited is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer (“OEM”) in the world based on passenger vehicle sales.
The company manufactures and sells reliable, feature-rich, and innovative four-wheeler passenger vehicles backed by the latest technology. The company also manufactures parts such as transmissions and engines.
Hyundai Motor IPO is a book built issue of Rs 27,870.16 crores. The issue is entirely an offer for sale of 14.22 crore shares.
Hyundai Motor IPO bidding started from October 15, 2024 and ended on October 17, 2024. The allotment for Hyundai Motor IPO was finalized on Friday, October 18, 2024. The shares got listed on BSE, NSE on October 22, 2024.
Hyundai Motor IPO price band is set at ₹1865 to ₹1960 per share. The minimum lot size for an application is 7 Shares. The minimum amount of investment required by retail investors is ₹13,720. The minimum lot size investment for sNII is 15 lots (105 shares), amounting to ₹205,800, and for bNII, it is 73 lots (511 shares), amounting to ₹1,001,560.
The issue includes a reservation of up to 778,400 shares for employees offered at a discount of Rs 186 to the issue price.