Hyundai IPO GMP Today, Hyundai IPO Grey Market Premium Updates | Hyundai IPO, Latest target, Opening gain
Hyundai IPO began on October 15,2024. It will close on October 17,2024. The Total IPO Size is ₹ 27,870 Crore Approx. The company set its IPO price is ₹ 1865 to ₹ 1960 per share Per Share. There are three basic categories in Hyundai IPO Subscription:- 1) Qualified Institutional Buyers. 2) Non-Institutional Investors. 3) Retail.
Hyundai Motor Company has served as the trailblazer of Korea’s automobile industry since rolling out its Pony, developed with its own exclusive technology. Hyundai Motor Company has risen as a globally recognized automobile manufacturer that exports its branded vehicles to over 200 countries.
Incorporated in May 1996, Hyundai Motor India Limited is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer (“OEM”) in the world based on passenger vehicle sales.
As of March 31, 2024, the company has sold nearly 12 million passenger vehicles in India and through exports.
The company manufactures and sells four-wheeler passenger vehicles, including models such as sedans, hatchbacks, SUVs, and electric vehicles (EVs).
The company manufactures and sells reliable, feature-rich, and innovative four-wheeler passenger vehicles backed by the latest technology. The company also manufactures parts such as transmissions and engines.
The company provides mobility solutions, operating a network of 1,366 sales points and 1,550 service points across India.
The company’s models include the Grand i10 NIOS, i20, i20 N Line, AURA, Elantra, Venue, Venue N Line, Verna, Creta, Creta N Line, Alcazar, Tucson, and the all-electric SUV Ioniq 5.
HMIL’s manufacturing plant is situated near Chennai can produce its full range of vehicle models. The company exports its products to Africa, the Middle East, Bangladesh, Nepal, Bhutan, and Sri Lanka.
Hyundai IPO Details:
| Issuer | Hyundai IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: October 15, 2024 | |
| Issue Closes: October 17, 2024 | ||
| Price Brand | ₹1865 to ₹1960 per share | |
| Issue Size | ₹ 27,870 Cr | |
| Face Value | ₹10 per share | |
| Market Lot | 7 Shares | |
| Retail Min. | ₹ 13,720 | |
| QIB | 50% | |
| HNI | 15% | |
| Retail Individual Bidders | 35% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | 142,194,700 Share | |
Hyundai IPO GMP Rates day by day
Hyundai IPO Market Lot:
| Application | Lots | 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 |
Hyundai IPO Date, Allotment & Listing:
| Hyundai IPO Opening Date: | October 15, 2024 |
| Hyundai Green IPO Closing Date: | October 17, 2024 |
| Basis of Allotment: | October 18, 2024 |
| Initiation of Refunds: | October 21, 2024 |
| Credit to Demat Account: | October 21, 2024 |
| Listing Date: | October 22, 2024 |
Hyundai Limited Financial Information (Restated)
Hyundai Motor India Limited’s revenue increased by 16% and profit after tax (PAT) rose by 29% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Jun 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 | 1,158.6 | 1,140.03 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
The market capitalization of Hyundai Motor IPO is Rs 159258.06 Cr.
KPI as of June 30, 2024.
| KPI | Values |
|---|---|
| ROCE | 13.69% |
| RoNW | 12.26% |
| P/BV | 14.93 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 74.58 | 73.33 |
| P/E (x) | 26.28 | 26.73 |
Objects of the Issue (Hyundai IPO Objectives)
The company will not receive any proceeds from the Offer (the “Offer Proceeds”) and the Promoter Selling Shareholder will receive all the Offer Proceeds after deduction of Offer related expenses and relevant taxes thereon, to be borne by the Promoter Selling Shareholder.
Hyundai IPO ALLOTMENT STATUS
How to Apply for Hyundai IPO?
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How to Apply Hyundai IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Hyundai”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Hyundai IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Hyundai”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
What is Hyundai IPO?
Hyundai IPO is a main-board initial public offering of 142,194,700 Equity shares of the face value of ₹ 10 aggregating up to ₹27,870.16 Crores. The issue price of the IPO is ₹ 1865 to ₹ 1960 Per Equity Share. The minimum order quantity is – Shares per application and the offer type is Book Built Issue. The IPO opens on 15 October, 2024 and closes on 17 October, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Hyundai IPO opens on 15 October, 2024 and closes on 17 October, 2024.
How to apply for Hyundai IPO?
You can apply in Hyundai IPO online using either UPI or ASBA a s payment method. Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, Hsbc Securities & Capital Markets Pvt Ltd, J.P. Morgan India Private Limited and Morgan Stanley India Company Pvt Ltd are the book running lead managers of the Hyundai Motor IPO, while Kfin Technologies Limited is the registrar for the issue.
When Hyundai IPO allotment?
The finalization of Basis of Allotment for Hyundai IPO will be done on 18 October, 2024, and the allotted shares will be credited to your demat account by 21 October, 2024.
Check the Hyundai IPO allotment status.
When is Hyundai IPO listing date?
The Hyundai IPO listing date is not yet announced. The tentative date of Hyundai IPO listing is 22 October, 2024.
What is the lot size of Hyundai IPO?
Hyundai lot size is 7 Shares and the minimum order quantity is 1 Share.