Hyundai Motor India IPO
Hyundai Motor India IPO is listed on BSE and NSE, priced at ₹1865–₹1960 per share. The stock debuted at ₹1934. The IPO had a lot size of ₹7 shares and a minimum investment of ₹13,720.
Hyundai Motor India IPO
- IPO Dates
- Oct 15, 2024 – Oct 17, 2024
- Price band
- ₹1865-1960 per equity share
- Minimum Investment
- ₹13,720
- Issue size
- ₹27870.16 Cr
- Lot size
- 7
- Allotment Date
- Oct 18, 2024
- Listing
- Oct 22, 2024
- Listing At
- BSE, NSE
IPO timeline
-
Oct 15, 2024
Open Date
Completed
-
Oct 17, 2024
Close Date
Completed
-
Oct 18, 2024
Allotment Date
Completed
-
Oct 22, 2024
Listing Date
Completed
Price Summary
- Last closing
- 1,894.00 (-3.37%)
- 52 week high
- 2,890.00
- 52 week low
- 1,658.00
- Last update
Hyundai Motor India IPO Essentials
Hyundai Motor India IPO Details
Hyundai Motor India IPO is priced at ₹1865-1960 per share with a total issue size of 27870.16 crore. The IPO has a lot size of 7 shares and is listed on BSE and NSE.
- Issue price
- ₹1865-1960 per equity share
- Lot size
- 7 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- OFS : 142,194,700 shares(aggregating up to ₹27,870.16 Cr)
- Total issue size
- 14,21,94,700 shares
(aggregating up to ₹27870.16 crore) - Offer for sale (OFS)
- 14,21,94,700 shares
(aggregating up to ₹27870.16 crore) - Listing at
- BSE, NSE
- List price
- 1934.0(NSE)
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, Hsbc Securities & Capital Markets Pvt Ltd, J.P. Morgan India Private Limited, Morgan Stanley India Company Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 7 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 7 | ₹13,720 |
| Retail(max) | 14 | 98 | ₹1,92,080 |
Hyundai Motor India IPO Reservation
Hyundai Motor India IPO reservation details show category-wise allocation of shares. Out of the total 14,21,94,700 shares, approximately 19.89% are reserved for QIB, 14.92% for NII, 34.81% for retail investors, 0.55% for employees, and 29.84% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 4,24,24,890 (29.84%) | |
| QIB Shares Offered | 2,82,83,260 (19.89%) | |
| NII (HNI) Shares Offered | 2,12,12,445 (14.92%) | |
| bHNI > ₹10L | 1,41,41,630 (9.95%) | 1,34,682 |
| sHNI < ₹10L | 70,70,815 (4.97%) | 67,341 |
| Retail Shares Offered | 4,94,95,705 (34.81%) | 70,70,815 |
| Employee Shares Offered | 7,78,400 (0.55%) | |
| Total Shares Offered | 14,21,94,700 (100%) |
Hyundai Motor India IPO Analytics
Hyundai Motor India IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Hyundai Motor India IPO Subscription Status
Hyundai Motor India IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 28,283,260 |
21,212,445
14,141,630
7,070,815
|
49,495,705 | 98,991,410 |
|
Day 1
15-10-24 05:00 PM
|
0.05 x |
0.13x
0.06x
0.26x
|
0.26 x | 0.18 x |
|
Day 2
16-10-24 05:00 PM
|
0.58 x |
0.26x
0.18x
0.41x
|
0.38 x | 0.42 x |
|
Day 3
17-10-24 05:00 PM
|
6.97 x |
0.60x
0.58x
0.65x
|
0.50 x | 2.37 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 21,49,715 (Approx) | —x | —x | 0.29x |
Hyundai Motor India Valuations
Earnings
- EPS Pre IPO
- 74.58
- EPS Post IPO
- 73.33
- P/E Pre IPO
- 26.28
- P/E Post IPO
- 26.73
Returns
- ROCE
- 13.69%
- RoNW
- 12.26%
Fundamentals
- Price / Book
- 14.93
Hyundai Motor India Financials( In Crs.)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 26,349.25 | 34,573.34 | 28,358.06 |
| Revenue | 71,302.33 | 61,436.64 | 47,966.05 |
| Profit After Tax | 6,060.04 | 4,709.25 | 2,901.59 |
| Net Worth | 10,665.66 | 20,054.82 | 16,856.26 |
| Reserves & Surplus | 9,853.12 | 19,242.28 | 16,043.71 |
| Total Borrowing | 767.92 | 1,158.6 | 1,140.03 |
Hyundai Motor India Company & Offer Insights
About Hyundai Motor India
Hyundai Motor India Limited (HMIL), part of the Hyundai Motor Group, the world’s third-largest auto manufacturer by passenger vehicle sales in CY2023, stands tall as India’s second-largest auto OEM since Fiscal 2009. Known for delivering innovative and reliable vehicles, Hyundai’s impressive lineup of 13 models includes sedans, hatchbacks, SUVs, and electric vehicles (EVs), all designed to meet diverse customer needs.
As India’s leading exporter of passenger vehicles since Fiscal 2005, Hyundai Motor India has achieved a cumulative sale of nearly 12 million vehicles (domestic and export) as of March 31, 2024. This success stems from its commitment to operational excellence, advanced technology, and strong customer relationships.
The strength is its 90% local sourcing strategy, thereby ensuring that the supply chain is efficient and supporting growth in the domestic market. Hyundai has a total 1,366 sales outlets and 1,550 service centers across the whole of India, thus making service and sales hassle-free for customers nationwide.
As a leader in EV technology, Hyundai Motor India continues to invest in sustainable mobility solutions and EV manufacturing infrastructure, solidifying its role in shaping the future of India’s automotive industry.
Hyundai Motor India Limited – Redefining mobility with innovation, quality, and sustainability, while driving India toward a greener future.
Hyundai Motor India Promoter(s)
Hyundai Motor Company are the company's promoters of Hyundai Motor India.
Hyundai Motor India IPO Issue Objectives
- •
- The company will not receive any proceeds from the sale. All proceeds, after deducting offer-related expenses and taxes, will go to the Promoter Selling Shareholder.
Hyundai Motor India IPO - Anchor Investors
Hyundai Motor India raises Rs 8,315 crore from 225 anchor investors.
Marquee global institutional names like Government of Singapore, New World Fund Inc, Monetary Authority of Singapore, Fidelity, Government Pension Fund Global, and American Funds Insurance Series New World Fund invested Rs 2,191.66 crore in the automobile company.
Global investors such as Baillie Gifford, Vanguard, City of New York Group Trust, Moorea Fund, Blackrock, Aegon Investment Management, Schroder, Canada Pension Plan Investment Board, JP Morgan, Eastspring Investments, Goldman Sachs, Copthall Mauritius, Societe Generale, Morgan Stanley, Citigroup Global, Abu Dhabi Investment Authority, and HSBC Global also became shareholders in passenger vehicles maker via anchor book.
Asset management and insurance companies like SBI Mutual Fund, Nippon Life India, Kotak Mutual Fund, Axis Mutual Fund, Aditya Birla Sun Life Trustee, UTI Mutual Fund, Mirae Asset, Franklin India, Motilal Oswal Mutual Fund, Ashoka Whiteoak, Invesco India, Bank of India MF, Bandhan Mutual Fund, Tata Mutual Fund, SBI Life Insurance Company, HDFC Life Insurance Company, SBI General Insurance, Canara HSBC Life Insurance, ICICI Lombard General Insurance, Bajaj Allianz General Insurance, and Max Life Insurance Company, too, invested.
Hyundai Motor India IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Hyundai Motor India Limited | 74.58 | 74.58 | 131.26 | N/A | 56.82 | 14.96 | Consolidated |
| Maruti Suzuki India Ltd. | 429.01 | 429.01 | 2723.77 | 29.38 | 15.75 | 4.63 | Consolidated |
| Tata Motors Ltd. | 81.96 | 81.89 | 221.67 | 11.36 | 36.98 | 4.21 | Consolidated |
| Mahindra & Mahindra Ltd. | 101.14 | 100.7 | 594.08 | 29.96 | 17.02 | 5.08 | Consolidated |
Notes:
- Basic/diluted earnings per share refers to the basic/diluted earnings per share sourced from the financial statements of the respective peer group companies for the financial year ended.
- Net Asset Value Per Equity Share is defined as total equity divided by a number of equity used in calculating earnings per share.
- Price/earnings ratio for the peer group has been computed based on the closing market price of equity shares on BSE as on October 4, 2024, divided by the diluted earnings per share for financial year ended March 31, 2024.
- Return on Net Worth is calculated as Profit for the period/year attributable to shareholders of the company as a percentage of Net Worth.
- Market capitalisation is the product of the basic shares outstanding on BSE as at the quarter ended June 30, 2024 multiplied by the closing price on BSE.
- Tata Motors Limited 'A' ordinary shareholders have received 7 ordinary shares for every 10 'A' ordinary shares held, effective from September 1, 2024.
- All the financial information mentioned for Tata Motors Limited is on a consolidated basis across business segments.
Hyundai Motor India IPO - Strengths and Risks
Hyundai Motor India IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Hyundai Motor India
+91 446710 5135
Plot No. H-1, SIPCOT Industrial Park, Irrungattukottai, Sriperumbudur Taluk, Kancheepuram District-602105
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Hyundai Motor India IPO is a book-built IPO worth ₹27870.16 crore. The price band is ₹1865–₹1960 per share. The IPO opens on Oct 15, 2024 and closes on Oct 17, 2024. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The price band of Hyundai Motor India IPO is ₹1865 to ₹1960 per share.
The lot size of Hyundai Motor India IPO is 7 shares.
The minimum investment for Hyundai Motor India IPO is approximately ₹13,720 based on the upper price band .
Hyundai Motor India IPO opens on Oct 15, 2024 and closes on Oct 17, 2024.
The allotment date of Hyundai Motor India IPO is Oct 18, 2024.
Hyundai Motor India IPO is expected to be listed on Oct 22, 2024, on BSE and NSE .
Hyundai Motor India IPO listed on Oct 22, 2024. It was issued at ₹1934.0(NSE) and is currently around ₹1894.00 as on 9-Jun-2026 3:30 PM, which is approximately -3.4% versus issue price. The 52-week high is ₹2,890.00.
Based on listing and post-listing performance, Hyundai Motor India IPO delivered around -3.4% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Hyundai Motor India IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Hyundai Motor India IPO valuation snapshot: P/E 26.73, EPS 73.33, P/B 14.93, RoNW 12.26%, and market cap N/A.
To apply for Hyundai Motor India IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Hyundai Motor India IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Hyundai Motor India IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Hyundai Motor India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Hyundai Motor India IPO allotment status on IPO Ji for quick and easy access.