Hyundai Motor IPO is scheduled to open on October 15, 2024, and will close on October 17, 2024. Furthermore, this IPO will follow a Book Built Issue model, aiming to raise approximately ₹27870.16 crores. The offering includes a fresh issue worth ₹[.] crores, in addition to an offer for sale of up to 141,194,700 equity shares, each carrying a face value of ₹10.
Table of contents
- IPO Overview
- Company Details
- Key Dates
- Financials (₹ in Crores)
- IPO Lot Size
- The objective of the Issue
- Company Promoters
- Hyundai Motor IPO GMP (Grey Market Premium)
- Hyundai Motor IPO Application Form PDF
- Hyundai Motor IPO Subscription Status
- Hyundai Motor IPO Allotment Status
- IPO Review
- IPO Registrar
- IPO Lead Manager
- Hyundai Motor Contact
- FAQs
IPO Overview
| Overview Points | Description |
|---|---|
| Company Name | Hyundai Motor India Limted |
| Industry | Automobile |
| IPO Issue Type | Book Built Issue |
| Open Date | October 15, 2024 |
| Close Date | October 17, 2024 |
| Total Issue Size | ₹27,870.16 Crores (142,194,700 Equity Shares) |
| Fresh Issue | [.] |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹1865 to ₹1960 per share |
| Listing on | BSE & NSE |
| Lot Size | 7 Shares |
| Offer for Sale | ₹27,870.16 Crores (142,194,700 Equity Shares) |
| Employee Discount | ₹186 per Share |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Company Details
Hyundai Motor India, part of Hyundai Motor Group, is the third largest automobile manufacturer in the world by passenger vehicle sales in 2023, according to CRISIL data. Since fiscal year 2009, they have emerged as an automobile OEM company. It ranks as the second largest by domestic sales volume in the Indian passenger car market. Known for producing cars that are reliable, modern, and packed with features, the company offers a diverse lineup of 13 models, including sedans, hatchbacks, SUVs, and electric vehicles (EVs).
Hyundai also produced engines, transmissions and other key vehicle components from 2005 to fiscal 2024. They are India’s leading exporter of passenger vehicles. It has the highest number of cumulative exports. Since 1998, Hyundai has sold nearly 10 million vehicles in India and abroad. Their success has been driven by a wide range of products. strong brand Advanced technology and growth in new areas such as electric vehicles. Hyundai India is one of the top three contributors to Hyundai Motor Company’s global sales in 2023, with its share increasing from 15.48% in 2018 to 18.19% this year.
Key Dates
| Events | Date |
|---|---|
| IPO Open Date | October 15, 2024 |
| IPO Close Date | October 17, 2024 |
| Basis of Allotment | October 18, 2024 |
| Refunds | October 21, 2024 |
| Credit to Demat Account | October 21, 2024 |
| IPO Listing Date | October 22, 2024 |
Financials (₹ in Crores)
| Period Ended | 30 June 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | ₹25,370.24 | ₹26,349.25 | ₹34,573.34 | ₹28,358.06 |
| Revenue | ₹17,567.98 | ₹71,302.33 | ₹61,436.64 | ₹47,966.05 |
| 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 |
| Reserves and Surplus | ₹11,336.17 | ₹9,853.12 | ₹19,242.28 | ₹16,043.71 |
| Total Borrowing | ₹758.14 | ₹767.92 | ₹1,158.60 | ₹1,140.03 |
IPO Lot Size
| Application | Lot Size | 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 |
The objective of the Issue
- The company will not receive any income. from the stock offering This is because all the proceeds will go to the shareholders who sold the promoters. The amount remaining after deducting expenses and taxes related to the offering. It will be received from shareholders who sell sponsors.
Company Promoters
- Hyundai Motor Company
Hyundai Motor IPO GMP (Grey Market Premium)
Want to know the latest Gray Market Premium (GMP) for Hyundai Motor IPO? We’ve got you covered! Access our GMP IPOs sessions for daily updates on all IPOs, including Hyundai Motor. Dig into everything with real-time GMP insights to help you make informed investment choices. intelligent Whether you are an experienced investor or just starting out. Our updates will keep you informed!
Hyundai Motor IPO Application Form PDF
To download Hyundai Motor IPO registration form, simply go to IPO forms. You can also download a PDF file of ASBA’s IPO form.
Hyundai Motor IPO Subscription Status
This IPO subscription kicks off on October 15, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Hyundai Motor IPO Allotment Status
To check the allotment status, please visit the Kfin Technologies website or go to the Allotment Status page.
As well as checking the sales status, first follow the steps below:
- At first, access the link given above.
- Second, choose or name the company.
- Then enter PAN number, beneficiary number. Registration number or CAF number
- Finally, submit details to receive distribution status.
IPO Review
Strengths:
- Hyundai Motor India is one of the two major players in the Indian automotive market.
- It continues to maintain a strong market share.
- There are many different types of vehicles. Including hatchbacks, sedans, SUVs and electric vehicles (EVs).
- Hyundai has a state-of-the-art manufacturing facility in Tamil Nadu. which shows strong production capacity
- The company is investing heavily in electric cars and connected car technology.
- To follow automotive trends around the world As part of the global automotive leader, Hyundai Motor India has strong financial backing and resources.
Risks:
- The automobile market in India is fiercely competitive. with national and global companies competing for market share.
- The automotive sector is highly regulated. It has strict standards for emissions, safety and fuel efficiency.
- Hyundai Motor India’s performance is closely linked to the economic climate in India. The global automotive industry faces supply chain issues.
- This is especially true due to semiconductor shortages and disruptions caused by geopolitical factors.
IPO Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana.
Telephone: +91 40 6716 2222
Email: hmil.ipo@kfintech.com
Website: www.kfintech.com
IPO Lead Manager
- Kotak Mahindra Capital Company Limited
- Citigroup Global Markets India Private Limited
- HSBC Securities and Capital Markets (India) Private Limited
- J.P. Morgan India Private Limited
- Morgan Stanley India Company Private Limited
Hyundai Motor Contact
Hyundai Motor India Limited
Plot No. H-1, SIPCOT Industrial Park,
Irrungattukottai, Sriperumbudur Taluk,
Kancheepuram District – 602 105, Tamil Nadu, India
Phone: +91 44 6710 5135
Email: complianceofficer@hmil.net
Website: www.hyundai.com/in/en
FAQs
Hyundai Motor IPO is a mainboard offering through which the company aims to raise ₹27,870.16 crores. Additionally, the issue is priced between ₹1865 and ₹1960 per equity share and will be listed on both the BSE and NSE.
The IPO is set to open for subscription on October 15, 2024, for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and retail investors. Furthermore, it will close on October 17, 2024.
Additionally, The allocation for investors is as follows: 50% for QIB, 15% for NII, and 35% for retail investors.
The price band for the Hyundai Motor IPO is established at ₹1865 to ₹1960 per share.
Moreover, The minimum bid consists of 7 shares, which requires an investment of ₹13,720.
Company will conduct the Allotment on October 18, 2024.
Company will conduct the listing on October 22, 2024.
For the latest updates on the GMP of IPOs, including GMP on IPO and IPO allotment status, visit IPOGMP.IN. Stay updated with real-time insights on the GMP of Hyundai Motor IPO to help you make informed investment decisions.
Additionally, you can track the Allotment IPO Status and the IPO allotment status for Hyundai Motor on the registrar’s website, KFin Technologies.
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