Hyundai IPO Review in Hindi | Hyundai Motor India IPO Review | Hyundai Motor India Limited

Hyundai IPO Review | Hyundai Motor India IPO Review | Hyundai Motor India Limited

About Hyundai Motor IPO

Hyundai Motor is launching an IPO valued at ₹27,870.16 crores, consisting entirely of an offer for sale of 14.22 crore shares. The subscription period will run from October 15 to October 17, 2024. The allotment of shares is expected to be finalized on October 18, 2024, and the listing on BSE and NSE is tentatively set for October 22, 2024.

The price range for the shares is between ₹1,865 and ₹1,960 per share. Retail investors can apply with a minimum of 7 shares, requiring an investment of ₹13,720. For small non-institutional investors (sNII), the minimum investment is 15 lots, which equals 105 shares for ₹2,05,800. Large non-institutional investors (bNII) will need to apply for at least 73 lots, or 511 shares, amounting to ₹10,01,560.

Employees of Hyundai Motor have a reservation of up to 7,78,400 shares, available at a discount of ₹186 per share.

The book-running lead managers for this IPO include Kotak Mahindra Capital, Citigroup Global Markets India, HSBC Securities & Capital Markets, J.P. Morgan India, and Morgan Stanley India. KFin Technologies will act as the registrar for the issue.

About Hyundai Motor India Limited

Hyundai Motor India Limited, established in May 1996, is part of the global Hyundai Motor Group, the third-largest automaker in the world by passenger vehicle sales. The company is known for producing reliable, feature-packed, and innovative cars, using the latest technology. It also manufactures important vehicle components, such as engines and transmissions.

Hyundai Motor India offers a wide range of passenger cars, including sedans, hatchbacks, SUVs, and electric vehicles (EVs), with popular models like the Grand i10 NIOS, i20, AURA, Elantra, Venue, Verna, Creta, Alcazar, Tucson, and the all-electric Ioniq 5.

The company has a strong presence across India with a network of 1,366 sales points and 1,550 service centers. As of March 31, 2024, it has sold close to 12 million vehicles in India and through exports. It partners with 363 dealer companies to distribute its vehicles across the country.

Hyundai’s manufacturing plant near Chennai produces its full range of cars, and the company exports to markets in Africa, the Middle East, Bangladesh, Nepal, Bhutan, and Sri Lanka.

Say Hello @Instagram
https://www.instagram.com/_financefit_/

For Business Inquiries Contact us at: contact.financefit@gmail.com

SUBSCRIBE to never miss another video:
https://www.youtube.com/c/FinanceFit

Disclaimer Policy: https://financefitblog.blogspot.com/p/disclaimer-policy_98.html

#FinanceFit #IPO #IPOUpdate #IPOUpdates #FinanceFitIPOUpdates #HyundaiIPO #HyundaiMotors

Short Note: The products or services reviewed in this video are for educational purposes only and should not be taken as a recommendation.

Видео Hyundai IPO Review in Hindi | Hyundai Motor India IPO Review | Hyundai Motor India Limited канала Finance Fit