Hyundai Motor IPO vs Northern Arc Capital IPO

Comparison between Hyundai Motor IPO and Northern Arc Capital IPO.

IPO Details

Hyundai Motor IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Northern Arc Capital IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Hyundai Motor IPO is up to ₹27,858.75 Cr whereas the issue size of the Northern Arc Capital IPO is up to ₹777.00 Cr. The final issue price of Hyundai Motor IPO is ₹1,960.00 per share and of Northern Arc Capital IPO is ₹263.00 per share.

 Hyundai Motor IPONorthern Arc Capital IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹1,865.00 per share₹249.00 per share
Issue Price (Upper)₹1,960.00 per share₹263.00 per share
Issue Price (Final)₹1,960.00 per share₹263.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹186.00 per share₹24.00 per share
Market Lot Size7 shares57 shares
Fresh Issue Size0 shares1,90,65,326 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹500.50 Cr
OFS Issue Size14,21,94,700 shares1,05,32,320 shares
OFS Issue Size (Amount)up to ₹27,858.75 Crup to ₹276.50 Cr
Issue Size Total14,21,94,700 shares2,95,97,646 shares
Issue Size Total (Amount)up to ₹27,858.75 Crup to ₹777.00 Cr

IPO Timetable

Hyundai Motor IPO opens on Oct 15, 2024, while Northern Arc Capital IPO opens on Sep 16, 2024. The closing date of Hyundai Motor IPO and Northern Arc Capital IPO is Oct 17, 2024, and Sep 19, 2024, respectively.

 Hyundai Motor IPONorthern Arc Capital IPO
Anchor Bid DateOct 14, 2024Sep 13, 2024
Issue OpenOct 15, 2024Sep 16, 2024
Issue CloseOct 17, 2024Sep 19, 2024
Basis Of Allotment (Tentative)Oct 18, 2024Sep 20, 2024
Initiation of Refunds (Tentative)Oct 21, 2024Sep 23, 2024
Credit of Share (Tentative)Oct 21, 2024Sep 23, 2024
Listing date (Tentative)Oct 22, 2024Sep 24, 2024
Anchor Lockin End date 1Nov 17, 2024Oct 19, 2024
Anchor Lockin End date 2Jan 16, 2025Dec 18, 2024

Financials & KPIs

Hyundai Motor IPO P/E ratio is 26.28, as compared to Northern Arc Capital IPO P/E ratio of 11.78.

 Hyundai Motor IPONorthern Arc Capital IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets25,370.2426,349.2534,573.3428,358.06
Total Income17,567.9871,302.3361,436.6447,966.05
Profit After Tax1,489.656,060.044,709.252,901.59
NET Worth12,148.7110,665.6620,054.8216,856.26
Reserves and Surplus11,336.179,853.1219,242.2816,043.71
Total Borrowing758.14767.921,158.601,140.03
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets11,707.669,371.577,974.12
Total Income1,906.031,311.20916.55
Profit After Tax317.69242.21181.94
NET Worth2,314.351,955.391,739.04
Reserves and Surplus2,123.371,784.221,555.30
Total Borrowing9,047.767,034.575,982.96
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100
Promoter Shareholding (Post-Issue)82.5
P/E Ratio26.2811.78
Market Cap₹159258.06 Cr.₹4242.86 Cr.
ROE
ROCE13.69%
Debt/Equity3.90
EPS₹74.58₹22.32
RoNW12.26%13.32%

Shares Offered

In the Hyundai Motor IPO Retail Individual Investors (RII) are offered 4,94,95,705 shares while in Northern Arc Capital IPO retail investors are offered 4,94,95,705 shares. Qualified Institutional Buyers (QIB) are offered 2,82,83,260 shares in Hyundai Motor IPO and 58,01,354 shares in Northern Arc Capital IPO.

 Hyundai Motor IPONorthern Arc Capital IPO
Anchor Investor Reservation4,24,24,890 shares87,02,031 shares
Market Maker Reservation
QIB2,82,83,260 shares58,01,354 shares
NII2,12,12,445 shares43,51,016 shares
RII4,94,95,705 shares1,01,52,371 shares
Employee7,78,400 shares5,90,874 shares
Others
Total14,21,94,700 shares2,95,97,646 shares

Bids Received (Subscription)

Hyundai Motor IPO subscribed 2.37x in total, whereas Northern Arc Capital IPO subscribed 117.19x.

 Hyundai Motor IPONorthern Arc Capital IPO
QIB (times)6.97x242.73x
NII (times)0.60x147.58x
Big NII (times)0.58x160.48x
Small NII (times)0.65x121.79x
RII (times)0.50x32.01x
Employee (times)1.74x
Other (times)
Total (times)2.37x117.19x

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Hyundai Motor IPO Vs Northern Arc Capital IPO