Hyundai Motor India Limited IPO GMP

Hyundai Motor India Limited (HMIL), is a wholly owned subsidiary of Hyundai Motor Company (HMC). In line with HMC’s global brand vision of ‘Progress for Humanity’ they adopt sustainable and green manufacturing operations, offering mobility solutions with industry leading technology.

Hyundai Motor India, an Book Built Issue amounting to ₹27,870.16 Crores, consisting entirely an Offer for Sale of 1,421.94 Lakh Shares. The subscription period for the Hyundai Motor India IPO opens on October 15, 2024, and closes on October 17, 2024. The allotment is expected to be finalized on or about Friday, October 18, 2024, and the shares will be listed on the BSE NSE with a tentative listing date set on or about Tuesday, October 22, 2024.

The Share price band Hyundai Motor India IPO is set at ₹1,865 to ₹1,960 equity per share, with a minimum lot size of 7 shares. Retail investors are required to invest a minimum of ₹13,720, while the minimum investment for High-Net-Worth Individuals (HNIs) is 15 lots (105 shares), amounting to ₹2,05,800.

Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, HSBC Securities and Capital Markets (India) Private Limited, J.P. Morgan India Private Limited and Morgan Stanley India Company Private Limited are the book-running lead manager, KFin Technologies Limited is the registrar for the Issue.

Hyundai Motor India Limited IPO GMP Today
The Grey Market Premium of Hyundai Motor India Limited IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Hyundai Motor India Limited IPO Live Subscription Status Today: Real-Time Updates
As of 11:15 PM on 16 October 2024, the Hyundai Motor India IPO live subscription status shows that the IPO subscribed 0.22 times on its Second day of subscription period. Check the Hyundai Motor India IPO Live Subscription Status Today at BSE.

Hyundai Motor India Limited IPO Anchor Investors Report
Hyundai Motor India has raised ₹8,315.27 Crore from Anchor Investors at a price of ₹1,960 per shares in consultation of the Book Running Lead Managers. The company allocated 42,424,890 equity shares to the Anchor Investors. Check Full list of Hyundai Motor India Anchor Investors List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion. 

Hyundai Motor India Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online 
Hyundai Motor India IPO allotment date is 18 October, 2024, Friday. Hyundai Motor India IPO Allotment will be out on 18th October 2024 and will be live on Registrar Website from the allotment date. Check Hyundai Motor India Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Hyundai Motor India Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Hyundai Motor India Limited IPO
Hyundai Motor India will not receive any proceeds from the Offer (the “Offer Proceeds”) and all the Offer Proceeds will be received by the Promoter Selling Shareholder after deduction of Offer related expenses and relevant taxes thereon, to be borne by the Promoter Selling Shareholder.

Refer to Hyundai Motor India Limited RHP for more details about the Company.