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Hyundai Motor India Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 27858.8

Price Range (₹)

₹ 1960

Lot Size

7

Min Investment (₹)

₹ 13,720.00

Listing Exchange

MumbaiNSE

Open Date

15-Oct-2024

Close Date

17-Oct-2024

Listing Date

22-Oct-2024

Hyundai Motor India Ltd News

Price Performance

1 Week-0.26
1 Month-2.27

Hyundai Motor India Ltd IPO Details

Initial public offer of 142,194,700 equity shares of face value of Rs. 10 each (Equity Shares) of Hyundai Motor India Limited (The Company or the Issuer) for cash at a price of Rs. 1,960* per equity share (including a premium of Rs. 1,950 per equity share) (Offer Price) aggregating to Rs. 27858.75* crores through an offer for sale (The Offer) of 142,194,700 equity shares of face value of Rs. 10 each aggregating to Rs. 27858.75* crores by Hyundai Motor Company (Promoter Selling Shareholder) (the Offer for Sale and such equity shares, the Offered Shares). The offer included a reservation of 778,400* equity shares of face value of Rs. 10 each, aggregating to Rs. 138.09 crores* (constituting 0.10% of the post-offer paid-up equity share capital, for subscription by eligible employees (Employee Reservation Portion). Pursuant to finalization of basis allotment 613,648 equity shares were allotted to employee under the employee reservation portion. The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute 17.50% and 17.42% of the post-offer paid-up equity share capital of the company. * A discount of Rs. 186 per equity share was offered to eligible employees bidding in the employee reservation portion.

Objective of issue

To achieve the benefits of listing the equity shares on the Stock Exchanges.

Hyundai Motor India Ltd Contact Details

Hyundai Motor India Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - complianceofficer@hmil.net

Website - www.hyundai.com, in, en