Hyundai Motor IPO Allotment Date
As per the timeline, the Hyundai Motor IPO allotment date is Friday, 18th October. The investors can check the IPO allotment via the KFintech registrar’s website or the BSE website. Investors can check the allotment status online and offline with easy steps given below:
Hyundai Motor IPO Allotment Links
KFintech (Registrar): | |
BSE India: | |
IPO Watch: | IPO Allotment Status Page |
Step 1: How to check Hyundai IPO Allotment Status on KFintech?
- Log on to the Hyundai Motor IPO allotment page – KFintech.com
- Select IPO Name ‘Hyundai Motor‘ from the drop-down menu bar
- Select Option from PAN Number, Application Number, or DP ID Option
- As per selection add PAN Number, Application Number, or Demat Account Number
- Click on the ‘Search’ Button
- Check your allotment on the screen (mobile/desktop).
Step 2: How to check Hyundai IPO Allotment Status on BSE & NSE?
- Log on to the BSE IPO allotment page – BSEIndia.com
- Select IPO Name ‘Hyundai Motor‘ from the drop-down menu bar
- Select Option from PAN Number, Application Number, or DP ID Option
- As per selection add PAN Number, Application Number, or Demat Account Number
- Click on the ‘Search’ Button
- Check your allotment on the screen (mobile/desktop).
Step 3: How do you check the Hyundai IPO Allotment in the Demant Account?
- Call Your Broker or Login to Your Demat Account / Trading Account
- Check whether the stock is credited to your account or not
- If you got the allotment the credited shares will appear in the Demat account
Step 4: How do you check Hyundai IPO Allotment in a Bank Account?
- Login to your Bank Account from which you applied the Hyundai Motor IPO
- Check the Balance Tab
- If you got the allotment the Amount will be debited
- If you did not get the allotment the Amount will be released
- If you got the allotment you got an SMS “Dear Customer, Bank Name Account 00001 is debited with INR 00000.00 on Date. Info: IPOName. The Available Balance is INR 000000.”
Hyundai Motor IPO Dates
IPO Open Date: | October 15, 2024 |
IPO Close Date: | October 17, 2024 |
Basis of Allotment: | October 18, 2024 |
Refunds: | October 21, 2024 |
Credit to Demat Account: | October 21, 2024 |
IPO Listing Date: | October 22, 2024 |
About Company
Hyundai Motor India is a part of the Hyundai Motor Group, the third largest auto original equipment manufacturer (OEM) in the world based on passenger vehicle sales in CY2023, according to the CRISIL Report. They have been the second largest auto OEM in the Indian passenger vehicles market since Fiscal 2009 (in terms of domestic sales volumes) according to the CRISIL Report. They have a track record of manufacturing and selling four-wheeler passenger vehicles that are reliable, feature-rich, innovative, and backed by the latest technology.
This is demonstrated in their portfolio of 13 models across multiple passenger vehicle segments by body types such as sedans, hatchbacks, sports-utility vehicles (SUVs), and battery electric vehicles (EVs). They also manufacture parts, such as transmissions and engines. They have also been India’s largest exporter of passenger vehicles from Fiscal 2005 to the first 11 months of Fiscal 2024, having exported the highest cumulative number of passenger vehicles for the same period, according to the CRISIL Report.
Since 1998 and up to March 31, 2024, they have cumulatively sold nearly 12 million passenger vehicles in India and through exports. They believe their current market position is because of (i) their wide product offerings, stakeholder relationships, and operations; (ii) the strong Hyundai brand in India; (iii) their ability to leverage new technologies to enhance operational and manufacturing efficiency; and (iv) their ability to expand into new businesses such as EVs through innovation. In CY2023, they were among the top three contributors to HMC’s global sales volumes, and their contribution to HMC’s sales volumes has increased from 15.48% in CY2018 to 18.19% in CY2023.