Hyundai Motors IPO! Biggest IPO of India! All Details.

Hyundai Motors IPO Indias Biggest IPO ever

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.

Read here Tata Technologies Share Price Target

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 Products are shown in Image
Hyundai Motors Market share

Hyundai Motors- Fundamentals

Basic Fundamentals

MARKET CAPITALIZATION1,59,258 Cr.
Revenue Growth16%
PAT Growth29
Price to Book14.93
PE26
ROCE13.69%
FACE VALUE10
Fundamentals

Balance Sheet

Balance sheet of Hyundai Motors IPO

For more details about company you can find here – Hyundai Motors India Ltd.

Hyundai Motors IPO Details

IPO Overview

IPO DetailIPO Description
IPO Date15 oct, 2024 to 17 Oct,2024
Listing Date18 Oct, 2024
Price Band1865-1960 per share
Lot Size1 Lot contains 7 Shares
Issue TypeBook Built issue
Issue Size27840.16 Cr. which equals 142,194,700 Shares
Offer For SellComplete Offer For sale (OFS)

IPO Dates

EventDate
IPO Open DateTuesday, October 15, 2024
IPO Close DateThursday, October 17, 2024
Basis of AllotmentFriday, October 18, 2024
Initiation of RefundsMonday, October 21, 2024
Credit of Shares to DematMonday, October 21, 2024
Listing DateTuesday, October 22, 2024

IPO Lot Size

Application TypeLotsSharesAmount
Retail (Min)17₹14,980
Retail (Max)1498₹192,080
S-HNI (Min)15105₹205,800
S-HNI (Max)72504₹987,840
B-HNI (Min)73511₹1,001,560

IPO Subscription

Subscription-based on CategorySubscription on Final Day
Retail Investors0.5X
Employee1.74X
Qualified Institutional Buyers6.97X
Non-Institutional Investors0.6X
Overall Subscription2.37X

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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