New Delhi: The a lot awaited going public (Stock Launch) of Hyundai Motor India Limited opened up on Tuesday, October 15, 2024. The Bid/Offer Opening Date, being Monday, October 14, 2024 whereas the Closing Date is Thursday, October 17, 2024. The Company’s going public consists of a promote of as a lot as 142,194,700 Equity Shares by Hyundai Motor Company.
Hyundai Motor India on Monday elevated Rs 8,315.28 crore from 225 help financier at Rs 1,960 per share (the highest finish of the associated fee band), a day previous to its public concern opening.It consisted of 21 residential frequent funds by way of a complete quantity of 83 plans (34.42 p.c of the general appropriation to help financiers). The enterprise has really settled the appropriation of 4.2 crore fairness shares to help financiers at a fee of Rs 1,960 per share.
Hyundai Motor India Limited Stock Launch: Here Are 10 Key Things You Want To Know
1. Stock Launch Price Band handled at Rs 1,865 per fairness share to Rs 1,960 per fairness share of the acknowledged worth of Rs 10 every
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Anchor Investor Bidding Date– Monday, October 14, 2024
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3.Bid/ Offer Opening Date– Tuesday,October 15, 2024, and Bid/ Offer Closing Date– (* ), Thursday 17, 2024October 4.
will be produced a minimal of seven Bids and in multiples of sevenEquity Shares after that . .Equity Shares 5.(* )better than 50% of the
will likely be available for appropriation on a proportional foundation to Not . . Net Offer 6. 5% of the(* )QIB Qualified Institutional Buyers will likely be available for appropriation on a proportional foundation simply to
, based mostly on reputable Net being obtained at or over the(* ), and the remainder of thePortion QIB Mutual Funds will likely be available for appropriation on a proportional foundation to all QIBs (in addition to Bids), consisting ofOffer Price, based mostly on reputable Net being obtained at or over the Portion . . Anchor Investors 7.Mutual Funds a lot lower than 15% of the Bids will likely be available for appropriation toOffer Price-
of which one-third of the(* )- Not will likely be available for appropriation to(* )with an software dimension of better than Net Offer 200,000 and as a lot as Non 1,000,000 and two-thirds of the Institutional Investors-Non will likely be available for appropriation to Institutional Category with an software dimension of better than Bidders 1,000,000
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.(* )8.(* )a lot lower than 35% of the Rs will likely be available for appropriation to Rs
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. Non 9. Institutional Category, Bidders, HSBC Rs and
(Not ) Net Offer, J.P. Retail Individual Investors and
are the(* )to theKotak Mahindra Capital Company Limited
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Citigroup Global Markets India Private Limited 10.
Securities of the Capital Markets are instructed to be detailed on BSE India and the Private Limited of Morgan India Private Limited
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. Morgan Stanley India Company Private Limited Book Running Lead Managers.
