Hyundai IPO GMP

Hyundai India IPO GMP , Price, Date, Allotment, Subscription

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Hyundai India IPO GMP , Price, Date, Allotment all details, Biggest 2024 IPO Ever Hyundai 25000 Cr price check all details

Hyundai India IPO Description – Hyundai Motor India is the second-largest auto OEM in the Indian passenger vehicle market from 1 April 2021 through 30 June 2024. The company manufactures various four-wheeler passenger vehicles, including sedans, hatchbacks, SUVs, and electric vehicles (EVs). HMIL is also India’s largest exporter of passenger vehicles, having exported the highest cumulative number of vehicles from fiscal 2005 to the first 11 months of fiscal 2024.

Its contribution to HMC’s sales volumes has notably grown, increasing from 15.48% in CY 2018 to 18.19% in CY 2023. HMIL manufactures all its passenger vehicles and parts at its Chennai Manufacturing Plant. The company’s Chennai plant had an installed capacity of 8,24,000 units as of 30 June 2024. The company expects the annual production capacity across the Chennai and Talegaon manufacturing plants in aggregate to increase to 9,94,000 units when the Talegaon Manufacturing Plant is partly operational and to 10,74,000 units once the Talegaon Manufacturing Plant is fully operational.

HMIL has an extensive sales and service network across India, with 1,377 sales outlets and 1,561 service outlets as of 30 June 2024. This network is next to market leader Maruti Suzuki and ensures wide reach and customer support across rural and urban areas. As of 30 June 2024, the company had 5,672 full-time employees. HMIL employs a comprehensive training and development program for its personnel, including technical training and R&D support.

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Hyundai India IPO Details

Hyundai India IPO Dates15 – 17 October 2024
Hyundai India Issue PriceINR 1,865 – 1,960 per share
(Employee Discount – INR 186 per share)
Fresh issueNIL
Offer For Sale14,21,94,700 shares (INR 26,519.31 – 27,870.16 crore)
Total IPO size14,21,94,700 shares (INR 26,519.31 – 27,870.16 crore)
Minimum bid (lot size)7 shares (INR 13,720)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE, BSE

Hyundai India Financial Performance

 FY 2022FY 2023FY 2024Q1 FY 2025
Revenue47,378.4360,307.5869,829.0617,344.22
Expenses44,193.8455,091.0763,062.4515,564.60
Net income2,901.594,709.256,060.041,489.65
Margin (%)6.127.818.688.59
Figures in INR Crores unless specified otherwise

Hyundai India Valuations & Margins

FY 2022FY 2023FY 2024FY 2024
(Post-Issue)*
EPS35.7157.9674.5874.58
PE Ratio–––25.01 – 26.28
*Calculated on the basis of annualized Profits After Tax for FY 2024
FY 2022FY 2023FY 2024
RONW (%)17.2123.4856.82
NAV207.45246.82131.26
ROCE (%)20.3728.7562.90
EBITDA (%)11.5812.5213.08
*Compiled by IPO Central from Prospectus

Hyundai India IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
10 October 2024170–800
9 October 2024190–900
8 October 2024270–1,500
7 October 2024290––
5 October 2024375––
4 October 2024375––
3 October 2024380––
2 October 2024380––
1 October 2024375––
30 September 2024400––

Hyundai India IPO Subscription – Live Updates

Coming soon

Hyundai India – Comparison With Listed Peers

CompanyPE ratioEPSRONW (%)NAVRevenue (Cr.)
Hyundai India26.2874.5856.82131.2669,829.06
Maruti Suzuki India29.38429.0115.752,723.771,41,858.20
Tata Motors11.3681.8936.98221.674,37,927.77
Mahindra & Mahindra17.02100.7017.02594.081,38,279.30

Hyundai India IPO Allotment Status

Hyundai India IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.

Hyundai India IPO Dates & Listing Performance

IPO Opening Date15 October 2024
IPO Closing Date17 October 2024
Finalization of Basis of Allotment18 October 2024
Initiation of refunds21 October 2024
Transfer of shares to demat accounts21 October 2024
Hyundai India IPO Listing Date22 October 2024
Opening Price on NSEComing soon
Closing Price on NSEComing soon

Hyundai India IPO Reviews – Subscribe or Avoid?

Angel One –
Anand Rathi –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
BP Wealth –
Capital Market –
Canara Bank Securities –
Choice Broking –
Dalal & Broacha –
Elite Wealth –
GCL Broking –
Geojit –
GEPL Capital –
Hem Securities –
ICICIdirect –
Indsec –
Jainam Broking –
DR Choksey –
LKP Research –
Marwadi Financial –
Systematix Shares –
Mehta Equities –
Nirmal Bang –
Reliance Securities –
Sushil Finance –
Samco Securities –
SBI Securities –
SMC Global –
SMIFS –
Swastika Investments –
Ventura Securities –

Hyundai India Offer Lead Manager

KOTAK MAHINDRA CAPITAL COMPANY LIMITED
27 BKC, 1st Floor, Plot no. C-27,
‘G’ Block, Bandra Kurla Complex,
Bandra (East), Mumbai 400 051
Phone: +91 22 4336 0000
Email: hmil.ipo@kotak.com
Website: www.investmentbank.kotak.com

Hyundai India Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222/ 1800 309 4001
E-mail: hmil.ipo@kfintech.com
Website: www.kfintech.com

Hyundai India IPO FAQs

How many shares in the Hyundai India IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply for a Hyundai India Public Offer?

The best way to apply for Hyundai India’s public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Hyundai IPO GMP today?

Hyundai IPO GMP today is INR 170 per share.

What is the Hyundai kostak rate today?

Hyundai India’s kostak rate today is INR NA per application.

What is Hyundai’s Subject to Sauda rate today?

Hyundai India Subject to Sauda rate today is INR 800 per application

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