Hyundai Motor India Limited

Hyundai Motor India Limited

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹1865 - ₹1960

Total Issue

₹27,855.68 Cr

Bid Dates

15 Oct - 17 Oct

Subscription

2.37x

Est. GMP

₹-26 (-1.33%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Hyundai Motor India Limited is a leading manufacturer and seller of four-wheeler passenger vehicles and parts, including transmissions and engines, catering to both Indian and international markets. Its portfolio features 13 models across sedans, hatchbacks, SUVs, and EVs. It has consistently ranked as the second-largest passenger vehicle OEM in India by domestic sales since FY2009 and is part of the Hyundai Motor Group, the world’s third-largest auto OEM in CY2023. It has also been India’s second-largest passenger vehicle exporter since FY2022.

Lot Info

Lot Information for Hyundai Motor IPO
Category Lots Shares Amount
Lot information not available

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
7,78,400 Shares
Shareholder
₹0.00

Issue Size

Total ₹27,855.68 Cr
Fresh Issue
₹0.00 (0.00 Shares)
Offer For Sale
₹27,855.68 Cr (14.22 Cr Shares)

Objects of Issue

The issue is a complete Offer for Sale (OFS). The company will not receive any funds from the issue, entire proceeds will be received by the Selling Shareholder(s).

Grey Market Premium

GMP ₹-26
Est. Price ₹1,934
Est. Gain -1.33%

Hyundai Motor IPO Peer Comparison

(Rs. in crores)

Hyundai Motor IPO Peer Comparison Table
Particulars Hyundai Motor Maruti Suzuki India Tata Motors Mahindra & Mahindra
Revenue from Ops (in Crs.) 69,829.06 1,41,858.20 4,37,927.77 1,38,279.30
PAT (In Crs.) 6,060.04 13,488.20 31,806.75 12,269.82
EPS - Basic 74.58 429.01 81.96 101.14
NAV per share 131.26 2,723.77 221.67 594.08
RONW 56.82% 15.75% 36.98% 17.02%
EBITDA 13.08% N.A. 14.30% N.A.
PAT Margin 8.50% 9.24% 7.17% 8.69%
Price to earning (PE) 26.28 29.38 11.36 29.96
  • All information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of October 4, 2024 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Hyundai Motor IPO
Particulars Jun-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 17,344.23 69,829.06 60,307.58 47,378.43
Profit after Tax 1,489.65 6,060.04 4,709.25 2,901.59
Net Worth 12,148.71 10,665.66 20,054.82 16,856.26
Total Borrowing 758.14 767.92 1,158.60 1,140.03
Total Assets 25,370.24 26,349.25 34,573.34 28,358.06
NAV per share (in ₹) 149.52 131.26 246.82 207.45
EPS - Basic (in ₹) 18.33 74.58 57.96 35.71

KPIs

EBITDA

13.08%

PAT

8.50%

RONW

56.82%

ROCE

62.90%

PE Ratio

26.28

PB Ratio

14.93

Mkt Cap (in Crs.)

1,59,258.06

  • All information pertains to FY 2023-24
  • PE, PB, and market capitalization are calculated based on the Upper Price Band

Shareholding

Promoter

100.00%

Public

0.00%

Management

Unsoo Kim Managing Director
Tarun Garg WTD & COO
Wangdo Hur WTD & CFO

Registrar & Lead Managers

Registrar

KFin Technologies

KFin Technologies

Subscription Status

Updated as on 17-Oct-2024 19:00:00

Mainboard Subscription Status for Hyundai Motor IPO
Category Sub (x) Offered Bids
QIB - 19,72,48,156
NII - 1,27,58,627
bHNI - 81,47,006
sHNI - 46,11,621
Retail - 2,49,64,289
Employee - 13,56,831
Total - 0 23,63,27,903

Subscription data excludes the Anchor Investor portion.

Frequently Asked Questions

What is Hyundai Motor IPO?
Hyundai Motor IPO is a Mainboard IPO having an issue size of ₹27,855.68 Crs. Hyundai Motor IPO is priced at ₹1865 - ₹1960 per share. The issue opens on 15 Oct 24 and closes on 17 Oct 24.
When will Hyundai Motor IPO open?
Hyundai Motor IPO opens on 15 Oct 24 and closes on 17 Oct 24.
What is the GMP of Hyundai Motor IPO?
The estimated Grey Market Premium of Hyundai Motor IPO is ₹-26 per share (-1.33%).
What is the lot size of Hyundai Motor IPO?
The minimum lot size of Hyundai Motor IPO is 7 shares & the minimum application amount is Rs. 13720.
When is the allotment of Hyundai Motor IPO?
The allotment date of Hyundai Motor IPO is 18 Jan 24.
What is the listing date of Hyundai Motor IPO?
The listing date of Hyundai Motor IPO is 22 Oct 24.
What is the subscription of Hyundai Motor IPO?
Hyundai Motor IPO is subscribed 2.37 times.
What is the price band of Hyundai Motor IPO?
Hyundai Motor IPO is priced at ₹1865 - ₹1960 per share.
How to check allotment status of Hyundai Motor IPO?
Click the allotment link on Hyundai Motor IPO page of IPO360.
How to apply Hyundai Motor IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Hyundai Motor IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Hyundai Motor IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Hyundai Motor IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date