Comparison between Garuda Construction IPO and Hyundai Motor IPO.
Garuda Construction IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Hyundai Motor IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Garuda Construction IPO is up to ₹264.10 Cr whereas the issue size of the Hyundai Motor IPO is up to ₹27,858.75 Cr. The final issue price of Garuda Construction IPO is ₹95.00 per share and of Hyundai Motor IPO is ₹1,960.00 per share.
| Garuda Construction IPO | Hyundai Motor IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹1,865.00 per share |
| Issue Price (Upper) | ₹95.00 per share | ₹1,960.00 per share |
| Issue Price (Final) | ₹95.00 per share | ₹1,960.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹186.00 per share | |
| Market Lot Size | 157 shares | 7 shares |
| Fresh Issue Size | 1,83,00,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹173.85 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 95,00,000 shares | 14,21,94,700 shares |
| OFS Issue Size (Amount) | up to ₹90.25 Cr | up to ₹27,858.75 Cr |
| Issue Size Total | 2,78,00,000 shares | 14,21,94,700 shares |
| Issue Size Total (Amount) | up to ₹264.10 Cr | up to ₹27,858.75 Cr |
Garuda Construction IPO opens on Oct 08, 2024, while Hyundai Motor IPO opens on Oct 15, 2024. The closing date of Garuda Construction IPO and Hyundai Motor IPO is Oct 10, 2024, and Oct 17, 2024, respectively.
| Garuda Construction IPO | Hyundai Motor IPO | |
|---|---|---|
| Anchor Bid Date | Oct 07, 2024 | Oct 14, 2024 |
| Issue Open | Oct 08, 2024 | Oct 15, 2024 |
| Issue Close | Oct 10, 2024 | Oct 17, 2024 |
| Basis Of Allotment (Tentative) | Oct 11, 2024 | Oct 18, 2024 |
| Initiation of Refunds (Tentative) | Oct 14, 2024 | Oct 21, 2024 |
| Credit of Share (Tentative) | Oct 14, 2024 | Oct 21, 2024 |
| Listing date (Tentative) | Oct 15, 2024 | Oct 22, 2024 |
| Anchor Lockin End date 1 | Nov 10, 2024 | Nov 17, 2024 |
| Anchor Lockin End date 2 | Jan 09, 2025 | Jan 16, 2025 |
Garuda Construction IPO P/E ratio is 19.49, as compared to Hyundai Motor IPO P/E ratio of 26.28.
| Garuda Construction IPO | Hyundai Motor IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.82 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.56 | 82.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.49 | 26.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹883.90 Cr. | ₹159258.06 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 36.14% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 46.69% | 13.69% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.87 | ₹74.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.62% | 12.26% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Garuda Construction IPO Retail Individual Investors (RII) are offered 97,30,000 shares while in Hyundai Motor IPO retail investors are offered 97,30,000 shares. Qualified Institutional Buyers (QIB) are offered 55,60,000 shares in Garuda Construction IPO and 2,82,83,260 shares in Hyundai Motor IPO.
| Garuda Construction IPO | Hyundai Motor IPO | |
|---|---|---|
| Anchor Investor Reservation | 83,40,000 shares | 4,24,24,890 shares |
| Market Maker Reservation | ||
| QIB | 55,60,000 shares | 2,82,83,260 shares |
| NII | 41,70,000 shares | 2,12,12,445 shares |
| RII | 97,30,000 shares | 4,94,95,705 shares |
| Employee | 7,78,400 shares | |
| Others | ||
| Total | 2,78,00,000 shares | 14,21,94,700 shares |
Garuda Construction IPO subscribed 7.55x in total, whereas Hyundai Motor IPO subscribed 2.37x.
| Garuda Construction IPO | Hyundai Motor IPO | |
|---|---|---|
| QIB (times) | 1.24x | 6.97x |
| NII (times) | 9.03x | 0.60x |
| Big NII (times) | 7.93x | 0.58x |
| Small NII (times) | 11.23x | 0.65x |
| RII (times) | 10.81x | 0.50x |
| Employee (times) | 1.74x | |
| Other (times) | ||
| Total (times) | 7.55x | 2.37x |
