The Hyundai Motor initial public offering (IPO) consists of a book-built issue totaling 142.2 million shares. This offering is entirely composed of an offer for sale of the same number of shares.
As of now, the dates for the Hyundai Motor IPO have not been announced. Similarly, the price bands for the IPO are yet to be determined.
Several financial institutions are managing the IPO as book running lead managers:
1. Kotak Mahindra Capital Company Limited
2. Citigroup Global Markets India Private Limited
3. HSBC Securities & Capital Markets Pvt Ltd
4. J.P. Morgan India Private Limited
5. Morgan Stanley India Company Pvt Ltd
Kfin Technologies Limited has been appointed as the registrar for this issue.
For more comprehensive information about the Hyundai Motor IPO, interested parties should refer to the Draft Red Herring Prospectus (DRHP).
Company Financials
Hyundai Motor India Limited Financial Information (Restated Consolidated)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | ||||||||||||||||||||||||||||||||||||
| Assets | 32,488.34 | 34,573.34 | 28,358.06 | 26,730.57 | ||||||||||||||||||||||||||||||||||||
| Revenue | 53,298.09 | 61,436.64 | 47,966.05 | 41,404.65 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 4,382.87 | 4,709.25 | 2,901.59 | 1,881.16 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 19,777.92 | 20,054.82 | 16,856.26 | 15,311.34 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 18,965.38 | 19,242.28 | 16,043.71 | 14,498.8 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 784.48 | 1,158.6 | 1,140.03 | 1,341.75 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Objects of the Issue (Hyundai Motor IPO Objectives)
Hyundai Motor Day-wise IPO GMP Trend
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price | Last Updated |
|---|---|---|---|---|---|
| 28-09-2024 | NA | ₹550 | -- | ₹550 (%) | 28-Sep-2024 13:24 |
| 27-09-2024 | NA | ₹570 | -- | ₹570 (%) | 27-Sep-2024 23:31 |
| 26-09-2024 | ₹0 | -- | ₹ (0%) | 26-Sep-2024 12:32 |