Share allotment for Hyundai Motor India IPO is expected on October 18, with shares listing on BSE and NSE on October 22.

The much-anticipated initial public offering (IPO) of Hyundai Motor India Ltd, which stands as the largest in Indian history, has completed its subscription process. The Rs 27,870.16 crore IPO, open from October 15 to October 17,

As the public issue is solely an OFS, Hyundai Motor India Ltd, which stands as the second largest car manufacturer in India after Maruti Suzuki, will not receive any proceeds from the IPO.

Hyundai India's shares in the grey market are now trading at a discount of around Rs 30 against the upper end of the IPO price of Rs 1,960

The $3.3-billion IPO of Hyundai Motor India, the country's largest yet, was fully subscribed on its final day on Thursday, as big institutional investors bid aggressively, though pricing concerns deterred retail investors.

Investors can check the Hyundai Motor India IPO allotment status on the official website of the registrar for the IPO, Kfin Technologies Ltd. and on the BSE website.

Investors can check their allotment status online. They can log in to either the BSE website or the website of Kfin Technologies Limited, the registrar for the issue.

A $3.3-billion initial public offering by Hyundai Motor India was fully subscribed on the final day of bidding on Thursday, with domestic banks and mutual funds buying into the country's first automaker to go public in two decades.

Hyundai Motor India IPO was subscribed 2.37 times on the third and last day of issue with the QIB portion subscribed the highest among the three groups of investors.