Hyundai Motor IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Tue, 15 Oct 2024
Close Date
Thu, 17 Oct 2024
Price Band
₹ 1865 – 1960
Lot Size
7
Issue Size
₹ 27,870.16 Cr
Minimum Investment
₹ 13,720 (7 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Hyundai Motor IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹27,870.16 Crore and an offer for sale (OFS) of 14.22 Crore equity shares aggregating to ₹27,870.16 Crore by the existing shareholders.
The Hyundai Motor IPO remained open for subscription from October 15, 2024, to October 17, 2024. The basis of allotment was finalized on October 18, 2024, and the company's shares were listed on the NSE and BSE on October 22, 2024.
The company had fixed the price band at ₹1865 to ₹1960 per share, with a lot size of 7 shares. Retail investors were required to make a minimum investment of ₹13,720 (based on the upper price band) to apply for one lot.
The IPO also included a reservation of 778,400 equity shares for eligible employees, who received a discount of ₹186 per share.
KFin Technologies Limited served as the registrar to the issue. J.P. Morgan India Private Limited, Citigroup Global Markets India Private Limited, Kotak Mahindra Capital Company Limited, Hsbc Securities & Capital Markets Pvt Ltd, and Morgan Stanley India Company Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Hyundai Motor India Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Hyundai Motor IPO Timeline (Tentative)
- IPO Open Date
- Tue, 15 Oct 24
- IPO Close Date
- Thu, 17 Oct 24
- Basis of Allotment
- Fri, 18 Oct 24
- Initiation of Refunds
- Mon, 21 Oct 24
- Credit of Shares to Demat
- Mon, 21 Oct 24
- Listing Date
- Tue, 22 Oct 24 — NSE & BSE
Open Date
15 October 2024
Close Date
17 October 2024
Basis Of Allotment
18 October 2024
Listing Date
22 October 2024
IPO Subscription
Check Live Subscription →The Hyundai Motor IPO has received bids for 23,63,26,538 shares against 9,97,69,810 shares offered, resulting in an overall subscription of 2.37x. the NII category is subscribed 0.6x, Retail Investors 0.5x, Employees 1.74x, and QIBs 6.97x. Within the NII category, BNII is subscribed 0.58x, while SNII is subscribed 0.65x.
QIB
6.97x
NII
0.6x
BNII
0.58x
SNII
0.65x
RII
0.5x
EMP
1.74x
Total
2.37x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 4,94,95,705 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 2,82,83,260 shares (0%), while Non-Institutional Investors (NIIs) receive 2,12,12,445 shares (0%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 42,424,890 | 0% |
| Qualified Institutions | 28,283,260 | 0% |
| Non-Institutional | 21,212,445 | 0% |
| BNII | 14,141,630 | 0% |
| SNII | 7,070,815 | 0% |
| Retail Investors | 49,495,705 | 0% |
| Employees | 778,400 | 0% |
| Total | 142,194,700 | 0% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Hyundai Motor India Limited KPI Information
| Particular | KPI as of June 30, 2024. |
|---|---|
| ROCE % | 13.69 |
| RoNW % | 12.26 |
| PbW | 14.93 |
Peers Comparison
No Peer Comparision Available
About Hyundai Motor India Limited
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.
Hyundai Motor IPO Promoters
The promoter of the company
- Hyundai Motor Company.
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
82.50%
Hyundai Motor IPO Objective
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.
Hyundai Motor India Limited Address / Contact Details
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
Hyundai Motor IPO Lot Size
The Hyundai Motor IPO has a lot size of 7 shares. Retail investors require a minimum investment of ₹13,720 by applying for 1 lot (7 shares). The maximum application allowed for the retail category is 14 lots (98 shares), requiring an investment of ₹1,92,080.
| 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 |
Issue Reservation
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
IPO Documents & Links
Explore More IPOs
Currently Open
Coming Up Next
Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Hyundai Motor IPO?
Hyundai Motor IPO is a Book-building IPO with a total issue size of ₹27870.16 crore. The Hyundai Motor IPO price band is ₹1865 to 1960 per share. The Hyundai Motor IPO subscription opens on Tue, Oct 15, 2024, and closes on Thu, Oct 17, 2024. The Hyundai Motor IPO will be listed on the BSE,NSE. KFin Technologies Limited is the registrar for the Hyundai Motor IPO.
When will the Hyundai Motor IPO open for subscription?
The Hyundai Motor IPO opens on Tue, Oct 15, 2024 and closes on Thu, Oct 17, 2024
What is Hyundai Motor IPO Price Band?
Hyundai Motor IPO Price Band is ₹1865 to 1960 per share.
What is Hyundai Motor IPO Lot Size?
Hyundai Motor IPO lot size is 7 shares, Retail investors need a minimum investment of ₹13720 based on the upper price band
What is the minimum investment for Hyundai Motor IPO?
The minimum investment for Hyundai Motor IPO is ₹13720, based on one lot of 7 shares at the upper price band of ₹1960 per share.
How to apply for Hyundai Motor IPO?
Investors can apply for the Hyundai Motor IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Oct 17, 2024. The application amount remains blocked until the Hyundai Motor IPO allotment is finalized.
What is Hyundai Motor IPO Issue Size?
Hyundai Motor IPO issue size is ₹27870.16 crores.
What is the Hyundai Motor IPO Allotment Date?
Hyundai Motor IPO allotment date is Fri, Oct 18, 2024.
Who is the Hyundai Motor IPO Registrar?
The registrar for Hyundai Motor IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Hyundai Motor IPO allotment status, refund processing, and other IPO-related information.
What is the Hyundai Motor IPO GMP?
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 3.16% over the issue price.
Who is the Hyundai Motor IPO Lead Manager?
The book-running lead managers (BRLMs) for the Hyundai Motor IPO are J.P. Morgan India Private Limited, Citigroup Global Markets India Private Limited, Kotak Mahindra Capital Company Limited, Hsbc Securities & Capital Markets Pvt Ltd, and Morgan Stanley India Company Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Hyundai Motor IPO Red Herring Prospectus (RHP).