Hyundai Motor India IPO GMP Price Today: Hyundai Motor India IPO has opened today. This IPO will close on October 17 (Thursday). The grey market premium of Hyundai Motor India Limited (HMIL) is indicating a great listing. This will be the largest IPO in India, surpassing LIC's initial share sale of Rs 21,000 crore. This is the first initial share sale of an automaker in two decades, after the listing of Japanese carmaker Maruti Suzuki in 2003. HMIL started operations in India in 1996 and currently, sells 13 models across multiple segments.

Hyundai Motor India IPO Price Band

Hyundai Motor India Ltd. has fixed the price band at Rs. 1865-1960.

Hyundai Motor India IPO Lot Size

The minimum investment amount for Hyundai Motor India Limited IPO is Rs 13055. According to the company, retail investors can bid for a minimum of 7 shares and in multiples thereof. The minimum investment amount for HNI investors to bid is Rs 2 lakh.

Hyundai Motor India IPO GMP Today Price

According to several websites that track grey market activity, shares of Hyundai Motor India Ltd are commanding a premium of Rs 45. This translates into a GMP of around 2.3 percent.

Hyundai Motor India IPO Allotment Date, Link

According to the information available, the allotment of Hyundai Motor India Limited may be finalized on October 18. The allotment status will be released online on the official website of the registrar - KFin Technologies Limited. Apart from this, the allotment status will also be made available on the official website of the Bombay Stock Exchange (BSE).

Hyundai Motor India IPO Share Listing Date

Shares of Hyundai Motor India Ltd are proposed to be listed on BSE. The listing is likely to take place on October 22.

Hyundai Motor India IPO Face Value and Application Timings

The face price of Hyundai Motor India Limited IPO is Rs 10 and market timings are 10 am to 5 pm.

Hyundai Motor India IPO Book Running Lead Managers

Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, HSBC Securities & Capital Markets (India) Private Limited, JPMorgan India Private Limited, and Morgan Stanley India Company Private Limited are the Book Running Lead Managers for Hyundai Motor India IPO.

Hyundai Motor India IPO IPO Sponsor Bank

ICICI Bank, Axis Bank, Kotak Bank, and HDFC Bank are the sponsor banks of Hyundai Motor India Limited.