Hyundai IPO in India: 10 most important QnA

Hyundai IPO in India is going to open in October 2024. This post covers the 10 most important updates regarding the Hyundai IPO. Hyundai Motor India is a large-cap automobile company launching its mainboard IPO. The pre-apply window is open now. On 15th October, the ‘Apply for IPO’ button will be activated.

Hyundai IPO in India 10 most important facts

As the Hyundai IPO is just knocking at the door, let’s revise 10 important facts question-answer-wise.

Hyundai IPO GMP

GMP or Grey Market Premium of Hyundai Motor India IPO varies between 1% and 10%. let’s check the day-wise GMP of Hyundai IPO in India

DateGMP of Hyundai IPO
13th October3.3%
12th October3%
11th October5%

Hyundai IPO Issue Size:

The total issue size aggregates up to ₹27,870.16 crores. And all the issues are ‘offer for sale’. No fresh issues are offered. The issue type is book building.

  • Total Issue Size: 142,194,700 shares
  • Offer for Sell: 142, 194, 700 shares
  • fresh Issues: NA

Hyundai IPO tentative timelines

  • Opens on October 15.
  • Closes on 17 October.
  • Allotment on October 18.
  • Refunds initiation on 21 October.
  • Demat Transfer on 21 October
  • Listing on 22 October.

Hyundai Motor IPO offer price

  • Floor Price: ₹1865.00
  • Cut-off price: ₹1960.00

Hyundai Motor India IPO will be listed at

  • National Stock Exchange (NSE)
  • Bombay Stock Exchange (BSE)

Hyundai Motor IPO allotment check:

The Hyundai IPO registrar is K-Fintech Technologies Limited. Allotment will be shown after the bid amount is debited from the bank account.

Hyundai IPO Anchor Investors List

It will be updated soon

Hyundai Motor Key Performance Indicators:

KPIJun 2024March 2024March 2023
ROCE13.69%62.90%28.75%
RONW12.26%56.82%23.48%
EPS (Basic)18.33%74.58%57.96%
P/E Pre IPO26.28
P/E Post IPO26.73

Hyundai IPO Objectives:

The company will not receive any proceeds from the Offer and the promoter-selling shareholder will receive all the proceeds after the deduction of offer-related expenses and relevant taxes thereon, to be borne by the Promoter Selling Shareholder Company Financials.

Hyundai IPO in India Company Financials:

In March 2022, the amount of assets of this company was ₹28,358.06 crores. In June 2024 the total amount of the assets is ₹25, 370.24 crores.

The revenue of the company is around ₹17,567.98 crores in June 2024. While in March 2024 the revenue is ₹ 71,302.00 crores.

The net worth is ₹12,148.71 crores according to June 2024 data. ₹20,054.82 according to March 2024.

The total borrowing of the company is ₹758.14 crores according to the RHP of the company in June 2024.

Peer details:

  • Maruti Suzuki India Limited
  • Tata Motors Limited
  • Mahindra & Mahindra Limited
Hyundai IPO in India compariosn
Hyundai IPO in India compariosn

Hyundai IPO in India About the Company:

Hyundai Motor India Limited was founded in May 1996 and is a part of the Hyundai Motor Group. The Hyundai is one of the world’s top three auto manufacturers by passenger vehicle sales. HMIL produces various types of vehicles, including Sedans, Hatchbacks, SUVs, and EVs, using advanced manufacturing technology. 

Hyundai’s manufacturing plant near Chennai is state-of-the-art and supports full vehicle production including key parts like transmissions and engines. 

The Hyundai popular models are the Grand i10 NIOS, i20, AURA, Berna, Creta, Tucson, and Ioniq 5 is an electric vehicle.

Hyundai Motor in India has a large distribution network with 1,366 sales points, 1,550 service centers across India, and partnerships with 363 dealer companies.

By March 31 2024 Hyundai Motor sold near about 12 million passenger vehicles; domestically and in export markets. Exports vehicles to Africa, the Middle East, Bangladesh, Nepal, Bhutan, and Sri Lanka. 

The information provided above is the most important key point if you’re interested in Hyundai IPO in India. But, it is not a recommendation for applying. Stock market investing is subject to market risk. It may cause a loss of money. So, invest at your own risk.

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