The Hyundai Motor IPO is a book-built issue consisting of 14.22 crore shares. The entire issue is an offer for sale of 14.22 crore shares.
The specific dates for the Hyundai Motor IPO have yet to be announced.
The price bands for the Hyundai Motor IPO are also yet to be disclosed.
| IPO Date | October 15, 2024 to October 17, 2024 |
| Listing Date | October 22, 2024 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 1865 to ₹ 1960 / Share |
| Lot Size | 7 Shares |
| Total Issue Size | ₹27,870.16 Cr |
| Fresh Issue | |
| Offer for Sale | ₹27,870.16 Cr |
| Employee Discount | |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 812,541,100 |
| Share holding post issue | 812,541,100 |
| Market Maker portion |
Hyundai Motor India Limited IPO opens on October 15, 2024, and closes on October 17, 2024.
| IPO Open Date | October 15, 2024 |
| IPO Close Date | October 17, 2024 |
| Basis of Allotment | October 18, 2024 |
| Initiation of Refunds | October 21, 2024 |
| Credit of Shares to Demat | October 21, 2024 |
| Listing Date | October 22, 2024 |
| Cut-off time for UPI mandate confirmation | October 17, 2024 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 7 | Rs.13,720 |
| Retail (Max) | 14 | 98 | Rs.192,080 |
| S-HNI (Min) | 15 | 105 | Rs.205,800 |
| S-HNI (Max) | 72 | 504 | Rs.987,840 |
| B-HNI (Min) | 73 | 511 | Rs.1,001,560 |
| HNI (Min) |
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 82.50% |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
|
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
| Bid Date | 2024-10-14 |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | 8,315.28 |
| Anchor lock-in period end date for 50% shares (30 Days) | November 17, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | January 26, 2025 |
Incorporated in May 1996, Hyundai Motor India Limited is a subsidiary of the Hyundai Motor Group, which ranks as the third-largest auto original equipment manufacturer (OEM) globally based on passenger vehicle sales.
The company focuses on manufacturing and selling reliable, feature-rich, and innovative four-wheeler passenger vehicles, supported by advanced technology. Additionally, it produces essential parts such as transmissions and engines.
Hyundai Motor India provides comprehensive mobility solutions, operating a network of 1,366 sales points and 1,550 service points throughout India.
As of March 31, 2024, nearly 12 million passenger vehicles have been sold in India and through exports. The company’s product range includes various four-wheeler passenger vehicles, such as sedans, hatchbacks, SUVs, and electric vehicles (EVs).
| KPI | Values |
|---|---|
| ROE | |
| ROCE | 13.69% |
| Debt/Equity | |
| RoNW | 12.26% |
| P/BV | 14.93 |
| PAT Margin (%) |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 74.58 | 73.33 |
| P/E (x) | 26.28 | 26.73 |
The company will not receive any proceeds from the Offer (the "Offer Proceeds"). The Promoter Selling Shareholder will receive all the Offer Proceeds, after deducting Offer-related expenses and applicable taxes, which will be borne by the Promoter Selling Shareholder.
Hyundai Motor India Limited Plot No. H-1, SIPCOT Industrial Park Irrungattukottai, Sriperumbudur Taluk Kancheepuram District-602105 Phone: +91 446710 5135 Email: complianceofficer@hmil.net Website: https://www.hyundai.com/in/en |
Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: hmil.ipo@kfintech.com |
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