Hyundai Motor India
Mainboard₹13,720 / 7 Shares
Hyundai Motor India IPO Details
The Hyundai Motor India IPO price band is set between ₹1865-1960 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 15 Oct, 2024 and closes on 17 Oct, 2024. Investors can check the allotment status on 18 Oct, 2024, while the listing date is tentatively scheduled for 22 Oct, 2024.
The total issue size is OFS : 142,194,700 shares, aggregating up to ₹27,870.16 Cr. Stay tuned for the latest Hyundai Motor India IPO review and GMP updates.
Hyundai Motor India IPO Review, Rating & Analysis
Hyundai Motor India IPO Review
NO REVIEWHyundai Motor India IPO Rating
Hyundai Motor India IPO Highlights
IPO Date
Oct 15, 2024 - Oct 17, 2024
Listing Date
22 Oct, 2024
Face Value
₹10 Per Equity Share
Price Band
₹1865-1960 per equity share
Lot Size
7 Shares
Fresh Issue
Shares
Offer for Sale
142,194,700 shares
Listing At
BSE, NSE
Hyundai Motor India IPO Lot Size
The minimum market lot for Hyundai Motor India IPO is 7 shares with an application amount of ₹13,720. Retail investors can apply for up to 14 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 7 | ₹13,720 |
| Retail (Max) | 14 | 98 | ₹1,92,080 |
| S-HNI (Min) | 15 | 105 | ₹2,05,800 |
| S-HNI (Max) | 72 | 504 | ₹9,87,840 |
| B-HNI (Min) | 73 | 511 | ₹10,01,560 |
Hyundai Motor India IPO Timeline
Issue Price
₹1865-1960 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
Kotak Mahindra Capital Company LimitedCitigroup Global Markets India Private LimitedHsbc Securities & Capital Markets Pvt LtdJ.P. Morgan India Private LimitedMorgan Stanley India Company Pvt LtdIssue Size
OFS : 142,194,700 shares(aggregating up to ₹27,870.16 Cr)Hyundai Motor India IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 26349.25 | 71302.33 | 6060.04 | 10665.66 | 9853.12 | 767.92 |
| 31 Mar 23 | 34573.34 | 61436.64 | 4709.25 | 20054.82 | 19242.28 | 1158.6 |
| 31 Mar 22 | 28358.06 | 47966.05 | 2901.59 | 16856.26 | 16043.71 | 1140.03 |
All values are in ₹ Cr.
Hyundai Motor India IPO Valuations
EPS Pre IPO
74.58EPS Post IPO
73.33PE Pre IPO
26.28PE Post IPO
26.73ROE
-ROCE
13.69%Debt Equity
-RoNW
12.26%PAT Margin
-Price to Book Value
14.93Promoters & Share Holding
Promoter(s) Name
- Hyundai Motor Company
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 82.50% |
About Company
Hyundai Motor India Limited (HMIL), part of the Hyundai Motor Group, the world’s third-largest auto manufacturer by passenger vehicle sales in CY2023, stands tall as India’s second-largest auto OEM since Fiscal 2009. Known for delivering innovative and reliable vehicles, Hyundai’s impressive lineup of 13 models includes sedans, hatchbacks, SUVs, and electric vehicles (EVs), all designed to meet diverse customer needs.
As India’s leading exporter of passenger vehicles since Fiscal 2005, Hyundai Motor India has achieved a cumulative sale of nearly 12 million vehicles (domestic and export) as of March 31, 2024. This success stems from its commitment to operational excellence, advanced technology, and strong customer relationships.
The strength is its 90% local sourcing strategy, thereby ensuring that the supply chain is efficient and supporting growth in the domestic market. Hyundai has a total 1,366 sales outlets and 1,550 service centers across the whole of India, thus making service and sales hassle-free for customers nationwide.
As a leader in EV technology, Hyundai Motor India continues to invest in sustainable mobility solutions and EV manufacturing infrastructure, solidifying its role in shaping the future of India’s automotive industry.
Hyundai Motor India Limited – Redefining mobility with innovation, quality, and sustainability, while driving India toward a greener future.
Hyundai Motor India IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 28,283,260 | 21,212,445 14,141,630 7,070,815 | 49,495,705 | 98,991,410 |
Day 1 -15-10-24 05:00 PM | 0.05 x | 0.13 0.06 x 0.26 x | 0.26 x | 0.18 x |
Day 2 -16-10-24 05:00 PM | 0.58 x | 0.26 0.18 x 0.41 x | 0.38 x | 0.42 x |
Day 3 -17-10-24 05:00 PM | 6.97 x | 0.60 0.58 x 0.65 x | 0.50 x | 2.37 x |
Retail:0.29x
BHNI:0.09x
SHNI:0.51x times
Company Contact Details
Hyundai Motor India
Plot No. H-1, SIPCOT Industrial Park, Irrungattukottai, Sriperumbudur Taluk, Kancheepuram District-602105Registrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: hmil.ipo@kfintech.com
Frequently Asked Questions about Hyundai Motor India IPO
When will Hyundai Motor India IPO open for subscription?
The Hyundai Motor India IPO opens on 15 Oct, 2024 and closes on 17 Oct, 2024.
What is the investors portion for Hyundai Motor India IPO?
The investors' portion for QIB is 6.97 x, NII is 0.58 x, and Retail is 0.50 x.
How to apply for Hyundai Motor India IPO?
You can apply for Hyundai Motor India IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Hyundai Motor India IPO?
The issue size of Hyundai Motor India IPO is approx ₹OFS : 142,194,700 shares(aggregating up to ₹27,870.16 Cr) crores.
What is the price band of Hyundai Motor India IPO?
The price band for Hyundai Motor India IPO is ₹1865 to ₹1960 per equity share.
What is the lot size of Hyundai Motor India IPO?
The minimum bid (lot size) for Hyundai Motor India IPO is N/A shares with an investment of approx ₹13,720 .
What is the allotment date of Hyundai Motor India IPO?
The allotment date for Hyundai Motor India IPO is 18 Oct, 2024.
What is the listing date of Hyundai Motor India IPO?
The listing date for Hyundai Motor India IPO is expected to be 22 Oct, 2024.
What is the GMP of Hyundai Motor India IPO?
The latest Grey Market Premium (GMP) for Hyundai Motor India IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.