Hyundai Motor India shares slip to Rs 1,745, down over 10 pc of IPO price
Shares of Hyundai Motor India, that were listed at Rs 1,931 apiece, have slipped more than 10 per cent from its IPO price.
Official bookings for the SUV are expected to begin in the first week of May.
Hyundai dealers have started accepting unofficial bookings for the Venue SUV, which was unveiled recently. The token amount being quoted by some dealerships in Delhi is Rs 21,000. Official bookings for the Hyundai Venue are expected to begin in the first week of May.
Hyundai’s first-ever sub-4m SUV will be launched with two petrol and a diesel engine options
Is it safe to book the Venue now?
Advertisement
Yes. All you have to do is ensure that you get a receipt or proof just like you would normally get while booking any other new car. However, the dealer might not mention the variant, colour or any other details, unlike when you book it officially. That said, the dealership’s receipt is a valid proof of booking.
Once Hyundai officially opens bookings for the Venue, the dealership will place an order in your name. This is where you would get the first mover’s advantage. The first lot of cars that the dealer gets would probably include your car too. You should, however, be in touch with your respective dealership or sales consultant about your booking and delivery date in order to ensure your new car reaches you as quickly as possible.
Booking the Venue as early as now will ensure you’re ahead of most other buyers in the queue. Hence, there’s a chance that you’d get your SUV before the waiting period goes up.
Now that you know how unofficial pre-launch bookings work, let’s take a quick look at what the Hyundai Venue has to offer:
When launched, the Venue will rival the likes of the Maruti Vitara Brezza, Mahindra XUV300, Tata Nexon and the Ford EcoSport. It is expected to be priced from Rs 8 lakh to Rs 12 lakh.
(Source: www.cardekho.com)
Advertisement