Hyundai Motor India Limited IPO
Hyundai Motor India Limited IPO Details
Issue Open |
15 October 2024 |
Issue Close |
17 October 2024 |
IPO Price |
₹1865 - ₹1960 per
equity share |
Face Value |
₹10 per equity share |
IPO Size |
₹27,870.16 Cr. |
Listing At |
NSE, BSE |
IPO Lot
Size |
7 shares |
IPO Investor Categories
• Qualified Institutional Buyers (QIB)- qualified institutional buyers (QIBs) are
large, sophisticated investors, such as mutual funds, insurance companies,
pension funds and hedge funds, which are considered to have the expertise and
resources to evaluate investment opportunities ensuring -Standards need to be
met, and them allow retail investors to the purchase shares at the price below
the offering price of the shares.
• Non-Institutional Investors (NII) - Non-institutional investors (NIIs). On the
other hand, generally consist of individual investors, high net worth
individuals “HNIs”, or companies that do not meet the financial criteria to be the
classified as the QIBs & allowed to the participate in Initial Public
offering “IPO”s at the same price as the retail investors.
NII category has two subcategories:
1. sNII - "sNII" means "Small Non-Institutional
Investor". This sub-category includes investors who have created shares
worth ₹2 lakh and ₹10 lakh in IPO.
2. bNII - "bNII" means "large non-institutional
investor". This sub-category includes investors who have created shares
worth more than ₹10 lakh in IPO.
• Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are
individual investors who apply for shares worth up to ₹2 lakh in IPOs, aimed at
encouraging retail participation in IPOs.
• Employee (EMP)- The employee (EMP) category in an IPO is reserved
for employees, directors and associate employees of the issuing the Initial
Public Offering IPO's chief executive officer determine the allocation of
shares in this category.
• Others- An eligible group of shareholders or other investors with
investments in an IPO.
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