Hyundai Motor submitted DRHP (Draft Red Herring Prospectus)with the SEBI(Securities and Exchange Board of India) for 142,194,700 shares face value of rs 10 each. Moreover, this IPO duration is 14 to 16 October. Within 3 days people would issue these shares. These shares will be available for buying and selling in two major stock exchanges BSE and NSE. Its GMP is Rs 411 therefore stock would list at this price even though the price of the IPO has not been decided yet.
For Hyundai Motor’s successful IPO, there are book-running lead managers such as Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, and Morgan Stanley India Company Pvt Ltd. HSBC Securities & Capital Markets Pvt Ltd.
Financial background: Hyundai Motor has current revenue is $125.35 B, while in 2023 the company’s $123.57 B. The company has Current assets: 106.1 trillion and Non-current assets: 189.9 trillion. Gross profit is 7,722,013 FY 2023 and 5,773,206 was 2022.
Hyundai Motor Automobile Company was established on 29 December 1967, in Mugyo-dong, Seoul, South Korea, and exports its cautious vehicles to over 200 countries. Hyundai’s success comes from a mix of popular global models like the Azera, Sonata, Elantra, Tucson, and Santa Fe, along with region-specific cars tailored for markets like China and Europe. This approach helps them appeal to a wide range of customers and stay competitive worldwide.
Hyundai Motor IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
Hyundai Motor Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2021 | ₹41,404.65 | ₹38,864.40 | ₹1,881.16 |
| 2022 | ₹47,966.05 | ₹44,193.84 | ₹2,901.59 |
| 2023 | ₹61,436.64 | ₹55,091.07 | ₹4,709.25 |
| Dec 2023 | ₹53,298.09 | ₹47,317.83 | ₹4,382.87 |
Hyundai Motor IPO Valuation – FY2023
Hyundai Motor IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹57.96 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 23.48% |
| Net Asset Value (NAV): | ₹246.82 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Maruti Suzuki India Limited | 271.82 | 47.28 | 13.29% | 2,045.53 | 1,17,571.30 Cr. |
| Tata Motors Limited | 6.30 | 150.09 | 5.33% | 118.34 | 3,45,966.97 Cr. |
| Mahindra & Mahindra Limited | 92.41 | 30.32 | 18.24% | 506.60 | 1,21,268.55 Cr. |
Objects of the Issue
- The company will not receive any proceeds from the Offer (the “Offer Proceeds”) and all the Offer Proceeds will be received by the Promoter Selling Shareholder after deduction of Offer related expenses and relevant taxes thereon, to be borne by the Promoter Selling Shareholder.
IPO Lead Managers aka Merchant Bankers
- Kotak Mahindra Capital Company Limited
- Citigroup Global Markets India Private Limited
- HSBC Securities and Capital Markets (India) Private Limited
- J.P. Morgan India Private Limited
- Morgan Stanley India Company Private Limited
