Hyundai Motor IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Oct 15 to Oct 17 2024
Price Band
₹1865 - 1960
Current GMP
₹1934 (-1.33%)
Subscription
2.37 times
IPO Details
| IPO Date | October 15, 2024 to October 17, 2024 |
| Listing Date | Tuesday, October 22, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹1865 to ₹1960 per share |
| Lot Size | 7 Shares |
| Total Issue Size | 142,194,700 shares (aggregating up to ₹27,870.16 Cr) |
| Offer for Sale | 142,194,700 shares of ₹10 (aggregating up to ₹27,870.16 Cr) |
| Employee Discount | Rs 186 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 812,541,100 |
| Share holding post issue | 812,541,100 |
IPO Date
October 15, 2024 to October 17, 2024
Listing Date
Tuesday, October 22, 2024
Face Value
₹10 per share
Price Band
₹1865 to ₹1960 per share
Lot Size
7 Shares
Total Issue Size
142,194,700 shares (aggregating up to ₹27,870.16 Cr)
Offer for Sale
142,194,700 shares of ₹10 (aggregating up to ₹27,870.16 Cr)
Employee Discount
Rs 186 per share
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE
Share holding pre issue
812,541,100
Share holding post issue
812,541,100
IPO Subscription Details
| Anchor Investors | 1 |
| Qualified Institutions | 6.97 |
| Non-Institutional Buyers | 0.60 |
| bNII (bids above ₹10L) | 0.58 |
| sNII (bids below ₹10L) | 0.65 |
| Retail Investors | 0.50 |
| Employees | 1.74 |
| Total ** | 2.37 |
Anchor Investors
1
Qualified Institutions
6.97
Non-Institutional Buyers
0.60
bNII (bids above ₹10L)
0.58
sNII (bids below ₹10L)
0.65
Retail Investors
0.50
Employees
1.74
Total **
2.37
Day Wise Sub
| Day | QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|---|
| Day 1 Oct 15, 2024 | 0.05 | 0.13 | 0.27 | 0.81 | 0.18 |
| Day 2 Oct 16, 2024 | 0.58 | 0.26 | 0.38 | 1.31 | 0.42 |
| Day 3 Oct 17, 2024 | 6.97 | 0.60 | 0.50 | 1.74 | 2.37 |
DayDay 1
Oct 15, 2024
QIB0.05
NII0.13
Retail0.27
EMP0.81
Total0.18
DayDay 2
Oct 16, 2024
QIB0.58
NII0.26
Retail0.38
EMP1.31
Total0.42
DayDay 3
Oct 17, 2024
QIB6.97
NII0.60
Retail0.50
EMP1.74
Total2.37
IPO Important Dates
| IPO Open Date | Tuesday, October 15, 2024 |
| IPO Close Date | Thursday, October 17, 2024 |
| Basis of Allotment | Friday, October 18, 2024 |
| Initiation of Refunds | Monday, October 21, 2024 |
| Credit of Shares to Demat | Monday, October 21, 2024 |
| Listing Date | Tuesday, October 22, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 17, 2024 |
IPO Open Date
Tuesday, October 15, 2024
IPO Close Date
Thursday, October 17, 2024
Basis of Allotment
Friday, October 18, 2024
Initiation of Refunds
Monday, October 21, 2024
Credit of Shares to Demat
Monday, October 21, 2024
Listing Date
Tuesday, October 22, 2024
Cut-off time for UPI mandate confirmation
5 PM on October 17, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 7 | ₹13,720 |
| Retail (Max) | 14 | 98 | ₹192,080 |
| S-HNI (Min) | 15 | 105 | ₹205,800 |
| S-HNI (Max) | 72 | 504 | ₹987,840 |
| B-HNI (Min) | 73 | 511 | ₹1,001,560 |
ApplicationRetail (Min)
Lots1
Shares7
Amount₹13,720
ApplicationRetail (Max)
Lots14
Shares98
Amount₹192,080
ApplicationS-HNI (Min)
Lots15
Shares105
Amount₹205,800
ApplicationS-HNI (Max)
Lots72
Shares504
Amount₹987,840
ApplicationB-HNI (Min)
Lots73
Shares511
Amount₹1,001,560
Financial Information
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 25,370.24 | 26,349.25 | 34,573.34 |
| Revenue | 17,567.98 | 71,302.33 | 61,436.64 |
| Profit After Tax | 1,489.65 | 6,060.04 | 4,709.25 |
| Net Worth | 12,148.71 | 10,665.66 | 20,054.82 |
| Reserves and Surplus | 11,336.17 | 9,853.12 | 19,242.28 |
| Total Borrowing | 758.14 | 767.92 | 1,158.6 |
Period EndedPeriod Ended
30 Jun 202430 Jun 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Jun 202425,370.24
31 Mar 202426,349.25
31 Mar 202334,573.34
Period EndedRevenue
30 Jun 202417,567.98
31 Mar 202471,302.33
31 Mar 202361,436.64
Period EndedProfit After Tax
30 Jun 20241,489.65
31 Mar 20246,060.04
31 Mar 20234,709.25
Period EndedNet Worth
30 Jun 202412,148.71
31 Mar 202410,665.66
31 Mar 202320,054.82
Period EndedReserves and Surplus
30 Jun 202411,336.17
31 Mar 20249,853.12
31 Mar 202319,242.28
Period EndedTotal Borrowing
30 Jun 2024758.14
31 Mar 2024767.92
31 Mar 20231,158.6
Key Performance Indicator
| ROCE | 13.69% |
| RoNW | 12.26% |
| P/BV | 14.93 |
| EPS (Rs) | 74.58 |
ROCE
13.69%
RoNW
12.26%
P/BV
14.93
EPS (Rs)
74.58
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 4,24,24,890 (29.84%) | NA |
| QIB Shares Offered | 2,82,83,260 (19.89%) | NA |
| NII (HNI) Shares Offered | 2,12,12,445 (14.92%) | |
| bNII > ₹10L | 1,41,41,630 (9.95%) | 1,34,682 |
| sNII < ₹10L | 70,70,815 (4.97%) | 67,341 |
| Retail Shares Offered | 4,94,95,705 (34.81%) | 70,70,815 |
| Employee Shares Offered | 7,78,400 (0.55%) | NA |
| Total Shares Offered | 14,21,94,700 (100%) |
Investor CategoryAnchor Investor Shares Offered
Shares Offered4,24,24,890 (29.84%)
Maximum AllotteesNA
Investor CategoryQIB Shares Offered
Shares Offered2,82,83,260 (19.89%)
Maximum AllotteesNA
Investor CategoryNII (HNI) Shares Offered
Shares Offered2,12,12,445 (14.92%)
Maximum Allottees
Investor CategorybNII > ₹10L
Shares Offered1,41,41,630 (9.95%)
Maximum Allottees1,34,682
Investor CategorysNII < ₹10L
Shares Offered70,70,815 (4.97%)
Maximum Allottees67,341
Investor CategoryRetail Shares Offered
Shares Offered4,94,95,705 (34.81%)
Maximum Allottees70,70,815
Investor CategoryEmployee Shares Offered
Shares Offered7,78,400 (0.55%)
Maximum AllotteesNA
Investor CategoryTotal Shares Offered
Shares Offered14,21,94,700 (100%)
Maximum Allottees
Information about 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.
Objectives of IPO
The company will not receive any proceeds from the Offer (the “Offer Proceeds”) and the Promoter Selling Shareholder will receive all the Offer Proceeds after deduction of Offer related expenses and relevant taxes thereon, to be borne by the Promoter Selling Shareholder.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
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