Hyundai Motor India plans to raise around ₹27,000 crore. Hyundai will not issue new shares in the IPO, which will involve its South Korean parent selling up to 142,194,700 shares (14.22 crore shares) or a 17.5 per cent of its stake in the wholly owned unit to retail and other investors through the offer for sale (OFS) route. Hence, the book-built issue is an OFS of 14.22 crore shares with a face value of ₹10 each.

The promoter-selling shareholder will receive all offer proceeds after deducting offer-related costs and applicable taxes, which the promoter-selling shareholder will be responsible for paying. The company will not receive any of the offer's proceeds.

So basically Hyundai India will not get any money ......