Hyundai Motor India IPO Date (Out) – The good news for all investors is that India’s biggest IPO, Hyundai Motor IPO got the approval from the SEBI. Hyundai Motor India Limited (HMIL), part of Hyundai Motor Group, has filed for an initial public offering (IPO) on 18th June 2024 to raise ₹25,000 crore. Hyundai Motor India IPO is a book built issue of 14.22 crore shares. Kfin Technologies Limited is the official registrar of Hyundai Motor India Limited (HMIL) IPO.
Hyundai Motor India IPO bidding started from October 15, 2024 and ended on October 17, 2024. The allotment for Hyundai Motor India IPO was finalized on Thursday, October 17, 2024. The Hyundai Motor shares will get listed on BSE, NSE on October 21, 2024. On this page, we will update Hyundai Motor India IPO date, Price range, expected date & Lot size.
About Hyundai Motor India Limited (HMIL) Company
Hyundai Motor India Limited was established in May 1996.
Hyundai Motor India Limited also known as HMIL, is a venture of Hyundai Motor Group, which is the third largest auto original equipment manufacturer (“OEM”) in the world based on passenger vehicle sales.
Four-wheel drive passenger cars, including sedans, hatchbacks, SUVs, and electric vehicles (EVs), are produced and sold by the HMIL. The Hyundai Creta is this company’s best-selling SUV.
Grand i10 NIOS, i20, i20 N Line, AURA, Elantra, Venue, Venue N Line, Verna, Creta, Creta N Line, Alcazar, Tucson, and the all-electric SUV Ioniq 5 are among the company’s vehicles.
Hyundai Motor IPO Date
After the Hyundai Motor India Limited files DRHP process for 142,194,700 equity Share IPO, the investors are searching for “open and close dates of the Hyundai Motor IPO. As per the media reports, Hyundai Motor IPO will be open on 15th October 2024 and it will close on 17th October 2024.
Hyundai Motor IPO Details
| IPO Date | October 15, 2024 to October 17, 2024 (Tentative) |
| Listing Date | October 22, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹1865 to ₹1960 per share |
| Lot Size | 7 Shares |
| Total Issue Size | ₹27,870.16 Cr |
| Fresh Issue | – |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Hyundai Motor IPO Lead Manager(s)
- Kotak Mahindra Capital Company Limited
- Hsbc Securities & Capital Markets Pvt Ltd
- Citigroup Global Markets India Private Limited
- J.P. Morgan India Private Limited
- Morgan Stanley India Company Pvt Ltd
Hyundai Motor IPO 2024 Tentative Schedule
| IPO Open Date | October 15, 2024 |
| IPO Close Date | October 17, 2024 |
| Basis of Allotment | October 18, 2024 |
| Initiation of Refunds | October 18, 2024 |
| Listing Date | October 22, 2024 |
Financials of Hyundai Motor India Company
Hyundai Motor India Limited, a part of Korea-based Hyundai Motor Group established in 1996. Here are Hyundai Motor India’s financials below in graph format.
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