Hyundai Motor India is going to launch its IPO next week of October. Talking about its share prices, their price can be expected to be between Rs 1865 to Rs 1960. Due to this, the value of the automaker will be up to Rs 1.6 lakh crore. In Hyundai Motor's IPO, its IPO will be opened on October 14 for large institutional investors and for retail investors, its IPO will be opened from October 15 to 17, 2024.
Hyundai Motor India will open its IPO on 14th and 15th to 17th October, 2024. This is going to be the largest public issue in the history of India. Its share price is Rs 1865 to 1960. The target of this IPO is to raise up to Rs 27,856 crore. Today in this article, we are going to give you new updates of Hyundai Motor's IPO and important information from it.
Along with this, we will also tell you how you can apply for Hyundai Motor's IPO, so stay with us to know.
Hyundai Motor India IPO 2024 Latest Update
Hyundai Motor India has announced the date of its initial public offering i.e. IPO. Hyundai IPO is to be opened next week of this month i.e. from October 15 to October 17, 2024. Hyundai Motor India's IPO is going to be the biggest public issue in the history of the country this time as it is going to surpass the Rs 21,008 crore IPO of the state-dominated Life Insurance Corporation of India in May 2022. The reason for this is because the target of Hyundai Motor India's IPO this time is to achieve a target of Rs 27 thousand 856 crore.
Hyundai Motor IPO Details
IPO Date | October 15, 2024 to October, 17, 2024 |
Listing Date` | 22 October, 2024 |
Face Value | ₹ 10 per share |
Price Band | ₹1865 to ₹1960 per share |
Lot Size | 7 shares |
Total Issue Size | 142,194,700 shares (aggregating up to ₹27,870.16 Cr) |
Offer for Sale | 142,194,700 shares of ₹10 (aggregating up to ₹27,870,16 Cr) |
Employee Discount | ₹186 per share |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share holding pre issue | 812,541,100 |
Share holding post issue | 812,541,100 |
How To Apply For Hyundai Motor IPO?
We are going to tell you some easy steps to subscribe to the Hyundai Motor IPO.
By following these steps, you can able to apply into the Hyundai Motor India IPO:-
1. First of all, go to their official website and login to it.
2. After logging in, click on IPO and press it.
3. After this, click on apply for IPO.
4. After clicking on apply, you can apply for an IPO by filling in all the details asked from you.
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