Hyundai Motor India Limited
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.
Price Band₹1865 - ₹1960 |
Dates15 Oct - 17 Oct |
GMP₹-26 (-1.33%) |
Subscriptions2.37 times |
Issue Size₹27,855.68 Crs |
Hyundai Motor IPO Objects
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).
Hyundai Motor IPO Details
Price Band₹1865 - ₹1960 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹0.00 (0.00 Shares) |
Offer For Sale₹27,855.68 Cr (14.22 Cr Shares) |
Total Issue₹27,855.68 Cr (14.22 Cr Shares) |
Face Value₹10 per equity share |
Hyundai Motor IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
7
13,720
Maximum
14
98
1,92,080
|
|||
| Small HNI |
Minimum
15
105
2,05,800
Maximum
72
504
9,87,840
|
|||
| Big HNI |
Minimum
73
511
10,01,560
|
|||
Hyundai Motor IPO Subscription
Updated as on 17-Oct-2024 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 6.97 | 2,82,83,260 | 19,72,48,156 |
| NII | 0.60 | 2,12,12,445 | 1,27,58,627 |
| bNII (bids above ₹10L) | 0.58 | 1,41,41,630 | 81,47,006 |
| sNII (bids between ₹2L to ₹10L) | 0.65 | 70,70,815 | 46,11,621 |
| Retail | 0.50 | 4,94,95,705 | 2,49,64,289 |
| Employee | 1.74 | 7,78,400 | 13,56,831 |
| Total | 2.37 | 9,97,69,810 | 23,63,27,903 |
Subscription data excludes the Anchor Investor portion.
Hyundai Motor IPO GMP
The estimated Grey Market Premium of Hyundai Motor IPO is ₹-26 per share (-1.33%)
- GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
- The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Employee | 7,78,400 Shares |
Hyundai Motor IPO Financials
| 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 |
- The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| 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
Hyundai Motor IPO Peer Comparision
| 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
Hyundai Motor IPO Peer Comparision
| Particulars | Hyundai Motor |
|---|---|
| Revenue from Ops (in Crs.) | 69,829.06 |
| PAT (In Crs.) | 6,060.04 |
| EPS - Basic | 74.58 |
| NAV per share | 131.26 |
| RONW | 56.82% |
| EBITDA | 13.08% |
| PAT Margin | 8.50% |
| Price to earning (PE) | 26.28 |
| Maruti Suzuki India | Tata Motors | Mahindra & Mahindra |
|---|---|---|
| 1,41,858.20 | 4,37,927.77 | 1,38,279.30 |
| 13,488.20 | 31,806.75 | 12,269.82 |
| 429.01 | 81.96 | 101.14 |
| 2,723.77 | 221.67 | 594.08 |
| 15.75% | 36.98% | 17.02% |
| N.A. | 14.30% | N.A. |
| 9.24% | 7.17% | 8.69% |
| 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
Promoter Details
| Name | Shareholding |
|---|---|
| Hyundai Motor Company | 100% |
Management Details
| Name | Designation |
|---|---|
| Unsoo Kim | Managing Director |
| Tarun Garg | WTD & COO |
| Wangdo Hur | WTD & CFO |
Company Details
Name: Hyundai Motor India Limited
Address:Plot No. H-1, SIPCOT Industrial Park,
Irrungattukottai, Sriperumbudur Taluk, Kancheepuram District 602 105, Tamil Nadu, India
Number: +91 44 6710 5135
Email: complianceofficer@hmil.net
Website: www.hyundai.com/in/en
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Hyundai Motor IPO is a Mainboard IPO having an issue size of Rs. ₹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.
Hyundai Motor IPO opens on 15 Oct 24 and closes on 17 Oct 24.
The estimated Grey Market Premium of Hyundai Motor IPO is ₹-26 per share (-1.33%).
The minimum lot size of Hyundai Motor IPO is 7 shares & the minimum application amount is Rs. 13720.
The allotment date of Hyundai Motor IPO is 18 Jan 24.
The listing date of Hyundai Motor IPO is 22 Oct 24.
Hyundai Motor IPO is subscribed 2.37 times.
Hyundai Motor IPO is priced at ₹1865 - ₹1960 per share.
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