The highly anticipated Hyundai Motor India IPO has captured the attention of both investors and automobile enthusiasts alike. As one of the leading automotive companies in India, Hyundai’s decision to go public is a significant step in the industry. This blog will provide a comprehensive overview of the Hyundai Motor India Limited IPO, including its details, subscription process, GMP (Grey Market Premium) today, business overview, financials, IPO review, allotment status, and answers to frequently asked questions.
Hyundai Motor India IPO Details
The Hyundai Motor India Ltd IPO is expected to be one of the most significant listings in the Indian market. Below are the key details of the IPO:
| Particulars | Details |
|---|---|
| IPO Opening Date | October 15, 2024 |
| IPO Closing Date | October 17, 2024 |
| Issue Size | ₹27,870.16 Crore |
| Face Value | ₹10 per share |
| Price Band | ₹1865 to ₹1960 per share |
| Market Lot | 7 Shares |
| Listing on | BSE, NSE |
These details will be crucial for investors looking to participate in the Hyundai Motor India Limited IPO. Stay tuned for updates as the exact dates and pricing details are finalized.
Hyundai Motor India IPO Subscription
The subscription period for the Hyundai Motor India Ltd IPO will likely see significant participation due to the company’s strong market presence. Here’s how the subscription process works:
- Investor Categories: The IPO will be open to retail investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs).
- Subscription Timeline: Investors can subscribe during the opening and closing dates.
- How to Apply: Investors can apply through online trading platforms, brokers, or bank ASBA (Application Supported by Blocked Amount).
Subscription Status Table:
| Category | Subscription Status |
|---|---|
| QIBs | Not more than 50.00% of the Net Issue |
| NIIs | Not less than 35.00% of the Net Issue |
| Retail Investors | Not less than 15.00% of the Net Issue |
These updates will provide real-time insights into the demand for the Hyundai Motor India Limited IPO during the subscription window.
Hyundai Motor India IPO GMP Today
Grey Market Premium (GMP) is an unofficial measure that indicates how the IPO is perceived by investors before it gets listed. The Hyundai Motor India IPO GMP will fluctuate based on investor sentiment and market conditions. While GMP is not an official indicator, it helps investors gauge potential listing gains or losses.
Hyundai Motor India IPO GMP Table:
| Date | GMP (₹) |
|---|---|
| Day 1 | ₹-45 |
| Day 2 | ₹-31 |
| Day 3 | ₹-17 |
Investors should keep an eye on the GMP as it can provide early clues about how the Hyundai Motor India Ltd IPO might perform upon listing.
Business Overview
Hyundai Motor India is the second-largest automobile manufacturer in India, producing a wide range of vehicles, from hatchbacks to SUVs. The company has a strong presence in both domestic and international markets, with its products being well-received across various segments.
Key Business Highlights:
| Business Segment | Contribution to Revenue (%) |
|---|---|
| Hatchbacks | 40% |
| SUVs | 35% |
| Export Market | 25% |
This diverse product portfolio positions Hyundai as a key player in the Indian automotive industry, which is why the Hyundai Motor India IPO is expected to attract considerable interest.
Financials
The financial health of Hyundai Motor India is robust, with steady revenue growth and profitability over the years. Below is a snapshot of their recent financial performance:
| Financial Year | Revenue (₹ Crore) | Profit (₹ Crore) |
|---|---|---|
| FY 2021 | ₹41,404 | ₹1,881 |
| FY 2022 | ₹47,966 | ₹2,901 |
| FY 2023 | ₹61,436 | ₹4,709 |
These financials demonstrate Hyundai Motor India’s ability to sustain growth while maintaining healthy profit margins, which is a key factor driving interest in the Hyundai Motor India Initial Public Offer.
Hyundai Motor India IPO Review
Industry experts are optimistic about the Hyundai Motor India IPO given the company’s market leadership and strong financials. The IPO is likely to be oversubscribed, with retail investors showing keen interest. However, it’s essential to consider factors such as market conditions, valuation, and global automotive trends before making an investment decision.
Expert Review Table:
| Expert | Opinion |
|---|---|
| Analyst 1 | Positive |
| Analyst 2 | Neutral |
| Analyst 3 | Highly Positive |
While the overall sentiment is positive, investors should carefully evaluate their own financial goals before subscribing to the Hyundai Motor IPO.
Hyundai Motor India IPO Allotment Status
Once the subscription period ends, the allotment process will take place. Investors can check their allotment status through the official registrar’s website or their broker’s platform.
Allotment Timeline Table:
| Event | Date |
|---|---|
| Basis of Allotment | To be announced |
| Refund Initiation | To be announced |
| Credit to Demat Accounts | To be announced |
| IPO Listing Date | To be announced |
Make sure to follow the official channels to know your allotment status once the Hyundai Motor India IPO subscription period concludes.
FAQs on Hyundai Motor India IPO
1. When will the Hyundai Motor India IPO open for subscription?
- The exact dates are yet to be announced, but it is expected to open in the coming months.
2. What is the price band for the Hyundai Motor India IPO?
- The price band will be revealed closer to the opening date.
3. How can I apply for the Hyundai Motor India IPO?
- You can apply through ASBA or online trading platforms provided by brokers.
4. What is the GMP for the Hyundai Motor India IPO today?
- The GMP will fluctuate and can be tracked on various financial platforms.
5. When will the Hyundai Motor India IPO shares be credited to my Demat account?
- The shares will be credited after the allotment process, typically a few days after the closing date.
Conclusion
The Hyundai Motor India IPO is a highly anticipated event that promises to attract significant attention from both institutional and retail investors. With its strong business fundamentals, extensive market reach, and positive financial performance, Hyundai Motor India is well-positioned for success in the stock market. Investors should stay updated on the IPO details, GMP, subscription status, and allotment process to make informed investment decisions.
As always, it is essential to consider your financial goals and risk tolerance before investing in any IPO, including the Hyundai Motor India IPO.
Thank you for reading and staying informed about the Hyundai Motor India IPO!