Hyundai Motor IPO
Open MainLineCurrent GMP
₹62 (+3.16%)
Price Band
₹ 1865 – 1960
Lot Size
7
Issue Size
₹27870.16 Cr
Minimum Investment
₹13720 (7 Shares)
Listing Date
22 October 2024
Subscription
2.37x
About the Company
Incorporated in May 1996, Hyundai Motor India Limited is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer ("OEM") in the world based on passenger vehicle sales.
The company manufactures and sells reliable, feature-rich, and innovative four-wheeler passenger vehicles backed by the latest technology. The company also manufactures parts such as transmissions and engines.
The company provides mobility solutions, operating a network of 1,366 sales points and 1,550 service points across India.
As of March 31, 2024, the company has sold nearly 12 million passenger vehicles in India and through exports.
The company manufactures and sells four-wheeler passenger vehicles, including models such as sedans, hatchbacks, SUVs, and electric vehicles (EVs).
The company's models include the Grand i10 NIOS, i20, i20 N Line, AURA, Elantra, Venue, Venue N Line, Verna, Creta, Creta N Line, Alcazar, Tucson, and the all-electric SUV Ioniq 5.
As of December 31, 2023, the company had partnered with 363 dealer companies for distribution and sales in India.
HMIL's manufacturing plant is situated near Chennai can produce its full range of vehicle models. The company exports its products to Africa, the Middle East, Bangladesh, Nepal, Bhutan, and Sri Lanka.
Promoters
The promoter of the company
- Hyundai Motor Company.
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
82.50%
Objects of the Issue
The Company will not receive any proceeds from the Offer (the “Offer Proceeds”) and all the Offer Proceeds
will be received by the Promoter Selling Shareholder after deduction of Offer related expenses and relevant taxes
thereon, to be borne by the Promoter Selling Shareholder.
Address / Contact Info
Hyundai Motor India Limited
Plot No. H-1, SIPCOT Industrial Park
Irrungattukottai, Sriperumbudur Taluk
Kancheepuram District-602105
Phone: +91 446710 5135
Email: complianceofficer@hmil.net
Website: https://www.hyundai.com/in/en
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 15 October 2024
IPO Close Date
Thursday, 17 October 2024
Basis of Allotment
Friday, 18 October 2024
Initiation of Refunds
Monday, 21 October 2024
Credit of Shares to Demat
Monday, 21 October 2024
Listing Date
Tuesday, 22 October 2024 — NSE & BSE
Important Dates
Open Date
15 October 2024
Close Date
17 October 2024
Basis Of Allotment
18 October 2024
Listing Date
22 October 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 26349.25 | 34573.34 | 28358.06 |
| Revenue | 71302.33 | 61436.64 | 47966.05 |
| Profit After Tax | 6060.04 | 4709.25 | 2901.59 |
| Net Worth | 10665.66 | 20054.82 | 16856.26 |
| Reserve & Surplus | 9853.12 | 19242.28 | 16043.71 |
| Total Borrowings | 767.92 | 1158.6 | 1140.03 |
EPS Pre
74.58%
EPS Post
73.33%
P/E Pre
26.28
P/E (Post Issue)
26.73x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of June 30, 2024. |
|---|---|
| ROE % | 0 |
| ROCE % | 13.69 |
| Debt / Equity | 0 |
| RoNW % | 12.26 |
| PbW | 14.93 |
| Pat Margin % | 0 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 42424890 | 0 | 0 |
| Qualified Institutions | 28283260 | 0 | 0 |
| Non-Institutional | 21212445 | 0 | 0 |
| BNII | 14141630 | 0 | 0 |
| SNII | 7070815 | 0 | 0 |
| Retail Investors | 49495705 | 0 | 0 |
| Employees | 778400 | 0 | 0 |
| Total | 142194700 | 0 | 0 |
Subscription Status ( Thu, 17 Oct 24 01:08 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 28283260 | 197248156 | 6.97x |
| Non-Institutional | 21212445 | 12758053 | 0.6x |
| BNII | 14141630 | 8147006 | 0.58x |
| SNII | 7070815 | 4611047 | 0.65x |
| Retail Investors | 49495705 | 24963568 | 0.5x |
| Employees | 778400 | 1356761 | 1.74x |
| Total | 99769810 | 236326538 | 2.37x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 7 | 13,720.00 |
| Retail (Max) | 14 | 98 | 192,080.00 |
| S-HNI (Min) | 15 | 105 | 205,800.00 |
| S-HNI (Max) | 72 | 504 | 987,840.00 |
| B-HNI (Min) | 73 | 511 | 1,001,560.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- J.P. Morgan India Private Limited
- Citigroup Global Markets India Private Limited
- Kotak Mahindra Capital Company Limited
- Hsbc Securities & Capital Markets Pvt Ltd
- Morgan Stanley India Company Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Hyundai Motor IPO is a Book-building IPO worth ₹27870.16 crores. The price band is ₹1865 to 1960 per share. The IPO opens on Tue, Oct 15, 2024 and closes on Thu, Oct 17, 2024. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The Hyundai Motor IPO opens on Tue, Oct 15, 2024 and closes on Thu, Oct 17, 2024
Hyundai Motor IPO Price Band is ₹1865 to 1960.
Hyundai Motor IPO lot size is 7, and the minimum amount required for application is ₹13720.
The minimum investment for Hyundai Motor IPO is approximately ₹13720 based on the upper price band.
To apply for the Hyundai Motor IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Oct 17, 2024. After submission, funds are blocked until the basis of allotment of Hyundai Motor IPO is finalised.
Hyundai Motor IPO issue size is ₹27870.16 crores.
Hyundai Motor IPO allotment date is Sat, Jun 27, 2026.
The registrar for Hyundai Motor IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Hyundai Motor IPO through their official website or helpline.
The Hyundai Motor IPO GMP (Grey Market Premium) is ₹62 as of Tue, Oct 22, 2024. Based on the upper price band of ₹1960 per share, the estimated Hyundai Motor IPO listing price is ₹2022, indicating a potential listing gain of approximately 31% over the issue price.