Hyundai IPO Allotment Status

Summary

Hyundai Motor IPO has received a moderate response from investors, closing with a subscription of 2.37 times by 17th October 2024 at 5:15:08 PM (Day 3). The public issue witnessed varying demand across investor categories. The Qualified Institutional Buyers (QIB) led the subscription with 6.97 times, showing strong institutional interest. The Employee quota also saw good demand, subscribing 1.74 times.

The Non-Institutional Investors (NII) category subscribed 0.60 times, with small NIIs (bids below ₹10 lakh) showing slightly stronger interest at 0.65 times compared to big NIIs (bids above ₹10 lakh) at 0.58 times. The Retail Investors segment showed moderate interest, subscribing 0.50 times. The Anchor Investors portion was fully subscribed. This response suggests a cautiously positive market sentiment towards Hyundai Motor's offering, with particularly strong institutional backing.

How to Check Hyundai Motor IPO Allotment Status:

How to Check Hyundai Motor IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web portal of Kfin Technologies Limited (https://ris.kfintech.com/ipostatus/)

Step 2: From the dropdown menu, select Hyundai Motor IPO.

Step 3: Choose one of the following modes: PAN ID, Demat Account number, or Application number.

Step 4: Enter the information relevant to the mode you have chosen.

Step 5: For security purposes, fill out the captcha accurately.

Step 6: Click "Submit."

How to Check Hyundai Motor IPO Allotment Status on BSE/NSE:

On the websites of the Bombay Stock Exchange (BSE) or National Stock Exchange (NSE), investors who placed a bid for the Hyundai Motor IPO can monitor the allotment status:

Step 1: Visit the BSE website (https://www.bseindia.com/investors/appli_check.aspx)

Step 2: Select "Equity" in the Issue Type dropdown.

Step 3: Select "Hyundai Motor India Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number and PAN ID

Step 5: Click 'I am not a robot' and then click "Search."

How to Check IPO Allotment Status in a Bank Account:

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections.

Offer Required Information: Provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account?

Open Your Demat Account and Log in: Use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio."

Verify IPO Allotment Status: Check if the allocated shares are visible in your Demat account.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Hyundai IPO Timeline:

Hyundai Motor IPO Subscription Status

Hyundai Motor IPO received 2.37 subscriptions. By 17th October 2024 at 5:15:08 PM (Day 3), the public issue had been subscribed 0.50 times in the retail category, 6.97 times in the QIB category, and 0.60 times in the NII category. The Employee quota was subscribed 1.74 times.

Subscription Day 3 (as of 5:15:08 PM)

Total Subscription: 2.37 times
QIB: 6.97 times
NII: 0.60 times
bNII (bids above ₹10L): 0.58 times
sNII (bids below ₹10L): 0.65 times
Retail investors: 0.50 times
Employees: 1.74 times

Subscription Day 2

Total Subscription: 0.42 times
QIB: 0.58 times
NII: 0.26 times
Retail investors: 0.38 times
Employees: 1.31 times

Subscription Day 1

Total Subscription: 0.18 times
QIB: 0.05 times
NII: 0.13 times
Retail investors: 0.27 times
Employees: 0.81 times

Hyundai Motor IPO Details

Hyundai Motor's initial public offering (IPO) is a book built issue amounting to ₹27,870.16 crores. This offering consists entirely of an offer for sale of 14.22 crore shares.

he bidding process for the Hyundai Motor IPO commenced on 15th October 2024 and is set to conclude on 17th October 2024. The allotment results for this IPO are anticipated to be finalised on 18th October 2024. Furthermore, the shares of Hyundai Motor are set to be listed on the BSE and NSE, with a provisional listing date scheduled for 22nd October 2024.

The Hyundai Motor IPO price band has been established between ₹1865 and ₹1960 per share. Investors must apply for a minimum lot size of 7 shares, which requires a minimum investment of ₹13,720 for retail investors. For small non-institutional investors (sNII), the minimum investment consists of 15 lots (105 shares), totalling ₹205,800. For big non-institutional investors (bNII), the minimum investment is 73 lots (511 shares), amounting to ₹1,001,560.
The issue includes a reservation of up to 778,400 shares for employees offered at a discount of ₹186 to the issue price.

Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, HSBC Securities & Capital Markets Pvt Ltd, J.P. Morgan India Private Limited and Morgan Stanley India Company Pvt Ltd serve as the book running lead managers for the Hyundai Motor IPO. Kfin Technologies Limited is designated as the registrar for this offering.