Hyundai Motor India IPO 2024:Know all about Launch date,GMP, Price range, Lot size etc
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Hyundai Motor INDIA is all ready to launch India’s largest IPO on October 15 with the issue Size of 27870 CR. making it India’s largest IPO followed by LIC with issue size of around 21008 cr in 2022 and Adani Enterprises Limited having issue size 20000 cr in November 2021.
LAUNCH DATE:-The window for anchor investors is scheduled to be opened on October 15,2024.Whereas the issue will open for public subscription on Tuesday 15,October 2024.
CLOSING DATE:- The subscription window for Hyundai motor India IPO will remain open for 3 days with closing date on Thursday , 17 October 2024
Allotment of the company’s share is supposed to be finalised on Friday 18 october, 2024 and the shares will be credited to investors demat account on Monday 21st october 2024
LISTING of Shares: Hyundai Motor India IPO shares are likely to make their debut in India share market by listing on BSE and NSE on Tuesday October 22,2024
LOT SIZE & PRICE RANGE:-Hyundai IPO will be available with the lot size of 7 share with price range of RS 1865-1950, therefore the minimum amount of investment required by the retailers to buy a single lot is RS 13720.
The minimun lot size investment for sNII is 15 lots i.e, 105 shares making investment upto to RS 205800 and for bNII ,it is 73 lots or 511 shares ,aggregating upto 1,001560
GMP(Grey market premium) of HYUNDAI MOTOR INDIA :The premium of unlisted shares of Hyundai Motor India in grey market is about Rs 147 .
FINANCIAL DETAILS OF HYUNDAI MOTOR INDIA LIMITED:
The company is the third largest auto original equipment manufacturer in the world based on the passenger vehicle sales in CY2023 according to report of CRISIL .To know much about the financial of the company you can visit the link
LISTING of Shares: Hyundai Motor India IPO shares are likely to make their debut in India share market by listing on BSE and NSE on Tuesday October 22,2024
ABOUT COMPANY:-
Hyundai Motor India limited a wholly owned subsidiary of South Korean automaker Hyundai at present the second largest player after Maruti Suzuki in the India having network of 1,366 sales points and 1,550 service point across India . COMAPNY manufactures and sells four wheelers such as hatchbacks, SUVs ,sedans, EVs .Hyundai motor India also produces parts like transmissions and engines.
