The Hyundai Motors IPO ( Initial Public offerings) is set to hit Dalal Street by Next week. It is the Global Automotive Company. We will take a detailed look at Hyundai IPO data. Then, we will conclude whether it’s a great opportunity to invest in it.
Hyundai Motors Introduction
Hyundai Motors India is a subsidiary of Korean based Hyundai Group. The company manufactures and sells four-wheeler passenger vehicles, including models similar to cruisers, hatchbacks, SUVs, and electric vehicles (EVs). It also key automotive parts like Transmissions and Engines.
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Now check LIVE IPO GMP on Moneysena!
Market Share in India
Here you can take a look at the company’s products as well.
Hyundai Motors- Fundamentals
Basic Fundamentals
| MARKET CAPITALIZATION | 1,59,258 Cr. |
| Revenue Growth | 16% |
| PAT Growth | 29 |
| Price to Book | 14.93 |
| PE | 26 |
| ROCE | 13.69% |
| FACE VALUE | 10 |
Balance Sheet
For more details about company you can find here – Hyundai Motors India Ltd.
Hyundai Motors IPO Details
IPO Overview
| IPO Detail | IPO Description |
| IPO Date | 15 oct, 2024 to 17 Oct,2024 |
| Listing Date | 18 Oct, 2024 |
| Price Band | 1865-1960 per share |
| Lot Size | 1 Lot contains 7 Shares |
| Issue Type | Book Built issue |
| Issue Size | 27840.16 Cr. which equals 142,194,700 Shares |
| Offer For Sell | Complete Offer For sale (OFS) |
IPO Dates
| Event | Date |
| IPO Open Date | Tuesday, October 15, 2024 |
| IPO Close Date | Thursday, October 17, 2024 |
| Basis of Allotment | Friday, October 18, 2024 |
| Initiation of Refunds | Monday, October 21, 2024 |
| Credit of Shares to Demat | Monday, October 21, 2024 |
| Listing Date | Tuesday, October 22, 2024 |
IPO Lot Size
| Application Type | Lots | Shares | Amount |
| Retail (Min) | 1 | 7 | ₹14,980 |
| 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 |
IPO Subscription
| Subscription-based on Category | Subscription on Final Day |
| Retail Investors | 0.5X |
| Employee | 1.74X |
| Qualified Institutional Buyers | 6.97X |
| Non-Institutional Investors | 0.6X |
| Overall Subscription | 2.37X |
Hyundai Motors IPO GMP
Currently, the Hyundai Motors IPO is falling day by day. and the CURRENT GMP of Hyundai IPO is 70 rupees less than a 5% gain.
How to check Hyundai Motors IPO Allotments status?
On allotment day of IPO you can check the allotment of IPO or shares on link given below
Check Allotment Status- KFinTech
Conclusion
Entirely an Offer for Sale
Fundamentally strong
Grey Market Premium (GMP) Is Very Less
Moneysena View -Not good for Listing gains as per Grey Market Sentiment. Multi-bagger returns are difficult because it is already a large cap. However, it can be held for the long term if listed at decent valuations.
FAQs
What is the Hyundai Motors India Ltd. IPO Price Band?
Hyundai Motors India Ltd. IPO issue price band is 1865-1960 per share
Is Hyundai Motors India Ltd fundamentally Good Company?
Yes, The Company is Fundamently good.
What is the GMP of Hyundai Motors Initial public Offerings (IPO)?
The CURRENT GMP is 75 Rupees per share which equals to 3.5 % Gain.
How to check the Allotment status of IPO?
You can Check Allotment Status here- KFinTech
Disclaimer– The views shared here are only for educational purposes. We are not SEBI registered. Please take advice from your personal finance adviser. We are not responsible for any loss incurred by you with above shared study.
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