Business Standard

Hyundai Motor India Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

27,870.20 cr

Price Range (₹)

1865 - 1960.00

Lot Size

7

Min Investment (₹)

13,055.00

Listing Exchange

MumbaiNSE

Open Date

15-Oct-2024

Close Date

17-Oct-2024

Listing Date

22-Oct-2024

Hyundai Motor India Ltd News

    The Shares of Hyundai Motor India Ltd have now been listed.

    Hyundai Motor India Ltd IPO Details

    Initial public offer of up to 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. [*] per equity share (including a premium of Rs. [*] per equity share) (Offer Price) aggregating up to Rs. [*] crores through an offer for sale (The Offer) of up to 142,194,700 equity shares of face value of Rs. 10 each aggregating up to Rs. [*] crores by Hyundai Motor Company (Promoter Selling Shareholder) (the Offer for Sale and such equity shares, the Offered Shares).The offer includes a reservation of up to 778,400 equity shares of face value of Rs. 10 each, aggregating up to Rs. [*] crores (constituting up to 0.10% of the post-offer paidup equity share capital, For subscription by eligible employees (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 17.40% of the post-offer paid-up equity share capital of the company.Price Band: Rs. 1865 to Rs. 1960 per equity share of face value of Rs. 10 each.The Floor price is 186.50 times the face value of the equity shares and cap price is 196 times the face value of the equity shares.Bid can be made for a minimum of 7 equity shares and in multiples of 7 equity shares.A Discount of Rs. 186 per equity share is being 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.co.in