Hyundai Motor India's initial public offering (IPO) closed on October 17 witnessing subscription of 2.37 times on the final day. The IPO is entirely an offer for sale (OFS) of 14,21,94,700 equity shares by promoter Hyundai Motor Company (HMC) with no fresh issue component.
Hyundai IPO allotment: Investors can check Hyundai IPO allotment status online through KFin Technologies or the BSE website by entering details like PAN and application number. (Reuters)
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The issue worth ₹27,870 crore attracted bids for 23.63 crore shares against 9.98 crore shares on offer. However, the grey market premium were flat as compared to the share price ahead of the allotment.
Hyundai India IPO allotment
Those who have subscribed to the Hyundai Motor India IPO can expect the allotment of shares to be completed today (October 18). The shares are set to list on the BSE and NSE on October 22.
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Home/Business/Hyundai IPO to be allotted today: Here's how to check status online
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