Hyundai Motor India Ltd |
|
Registered Office:
Plot No H-1 SIPCOT Indl Park,Irugattukottai Sriperumbudur
,
Kancheepuram
-
602105
,
Tamil Nadu
, India.
Phone :
+91 44 6710 5135 Fax:
Email : complianceofficer@hmil.net
Website : www.hyundai.com/in/en
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Initial public offer of 142,194,700 equity shares of face value of 10 each ("Equity Shares") of Hyundai Motor India Limited ("The Company" or the "Issuer") for cash at a price of 1,960* per equity share (including a premium of 1,950 per equity share) ("Offer Price") aggregating to
27858.75* crores through an offer for sale ("The Offer") of 142,194,700 equity shares of face value of 10 each aggregating to 27858.75* crores by Hyundai Motor Company ("Promoter Selling Shareholder") (the "Offer for Sale" and such equity shares, the "Offered Shares").
The offer included a reservation of 778,400* equity shares of face value of 10 each, aggregating to 138.09 crores* (constituting 0.10% of the post-offer paid-up equity share capital, for subscription by eligible employees ("Employee Reservation Portion"). Pursuant to finalization of basis allotment 613,648 equity shares were allotted to employee under the employee reservation portion. The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 17.50% and 17.42% of the post-offer paid-up equity share capital of the company.
* A discount of 186 per equity share was offered to eligible employees bidding in the employee reservation portion.
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Issue |
Money Payable On |
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Opens On |
Closes On |
Application |
Allotment |
|
15-Oct-24 |
17-Oct-24 |
Rs1960.00-0.00 |
Rs0.00-0.00 |
Minimum Application for shares in Nos :7 Further Multiples of :7 |
|
RsCr |
Lead Managers to the Issue |
|
Project Cost |
0.00 |
Citigroup Global Markets India Pvt Ltd |
|
Project Financed through Current Offer |
27858.75 |
|
Post Issue Equity Share Capital |
812.54 |
|
Issue Price |
Rs1960.00 |
|
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