Hyundai Motor India IPO Details
Hyundai Motor India IPO will open on 15 October 2024 and close on 17 October 2024. The price range for Hyundai Motor India IPO is ₹1,865-₹1,960 per share, with a lot size of 7 shares. The minimum bid price is ₹1,865, requiring a minimum investment of ₹13,055 for one lot, while the maximum bid price is ₹1,960, with a maximum investment of ₹13,720 for one lot.
Hyundai Motor India IPO issue size is ₹27,870.16 Cr. Regular retail investors can invest up to ₹2,00,000, and high-net-worth individuals (HNIs) can invest up to ₹5,00,000 in Hyundai Motor India IPO. The allotment date is October 18, 2024, and the listing date is expected to be October 22, 2024.
Hyundai Motor India IPO Price Range
The price range for Hyundai Motor India IPO is ₹1,865-₹1,960 per equity share.
Hyundai Motor India IPO GMP
As of October 15, 2024, the grey market premium (GMP) for Hyundai IPO is ₹40-₹45. The GMP may fluctuate based on market conditions.
Hyundai Motor India IPO Issue Size
The total issue size for the Hyundai Motor India IPO is ₹27,870.16 Cr.
Hyundai Motor India IPO Allotment and Listing Date
The allotment of Hyundai shares is scheduled for 18 October 2024. The shares are expected to be listed on NSE and BSE on 22 October 2024.
Hyundai Motor India IPO Expected Return on Listing Day
The expected return on Hyundai Motor India IPO listing day is around 2%-3%, with a predicted share price of ₹1,908-₹2,004.
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Hyundai India Financials
- Revenue: In 2023, Hyundai’s revenue stood at ₹60,307.58 Cr, compared to ₹47,378.43 Cr in 2022. In 2021, the company reported a revenue of ₹40,972.25 Cr.
- Profit: In 2023, the company earned a profit of ₹4,709.25 crore, up from ₹2,901.59 crore in 2022. The company had a net profit of ₹1,881.16 Cr in 2021.
- Assets: The total assets of Hyundai in 2023 were ₹34,573 Cr, compared to ₹28,730.57 Cr in 2022 and ₹26,730.57 Cr in 2021.
About Hyundai India
Hyundai Motor India IPO, a subsidiary of Hyundai Motor Company, entered the Indian market in 1996 and quickly emerged as one of the leading automobile manufacturers. Hyundai Motor India Limited has more than 13 models including Santro, Grand i10 Nios, i20, Aura, Exter, Verna, Elantra, Venue, Creta, Alcazar, Tucson, Kona Electric, IONIQ 5. In India, Hyundai has been one of the top automobile manufacturers, consistently introducing innovative products to cater to diverse customer needs. Mr. Unsoo Kim is the Managing Director of Hyundai Motors India Limited.
FAQ’s
What is the Price Band of Hyundai Motor India IPO?
The price band for Hyundai Motor India IPO is ₹1,865-₹1,960.
What is the Issue Size of Hyundai Motor India IPO?
The total issue size for Hyundai Motor India IPO is ₹27,870.16 Cr.
What is the Listing Date of Hyundai Motor India IPO?
The shares are expected to be listed on NSE and BSE on 22 October 2024.
Who is the MD of Hyundai Motor India?
Mr. Unsoo Kim is the Managing Director of Hyundai Motor India Limited.