Hyundai Motor IPO vs KRN Heat Exchanger IPO

Comparison between Hyundai Motor IPO and KRN Heat Exchanger IPO.

IPO Details

Hyundai Motor IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while KRN Heat Exchanger 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 KRN Heat Exchanger IPO is up to ₹341.95 Cr. The final issue price of Hyundai Motor IPO is ₹1,960.00 per share and of KRN Heat Exchanger IPO is ₹220.00 per share.

 Hyundai Motor IPOKRN Heat Exchanger IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹1,865.00 per share₹209.00 per share
Issue Price (Upper)₹1,960.00 per share₹220.00 per share
Issue Price (Final)₹1,960.00 per share₹220.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹186.00 per share
Market Lot Size7 shares65 shares
Fresh Issue Size0 shares1,55,43,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹341.95 Cr
OFS Issue Size14,21,94,700 shares0 shares
OFS Issue Size (Amount)up to ₹27,858.75 Crup to ₹0.00 Cr
Issue Size Total14,21,94,700 shares1,55,43,000 shares
Issue Size Total (Amount)up to ₹27,858.75 Crup to ₹341.95 Cr

IPO Timetable

Hyundai Motor IPO opens on Oct 15, 2024, while KRN Heat Exchanger IPO opens on Sep 25, 2024. The closing date of Hyundai Motor IPO and KRN Heat Exchanger IPO is Oct 17, 2024, and Sep 27, 2024, respectively.

 Hyundai Motor IPOKRN Heat Exchanger IPO
Anchor Bid DateOct 14, 2024Sep 24, 2024
Issue OpenOct 15, 2024Sep 25, 2024
Issue CloseOct 17, 2024Sep 27, 2024
Basis Of Allotment (Tentative)Oct 18, 2024Sep 30, 2024
Initiation of Refunds (Tentative)Oct 21, 2024Oct 01, 2024
Credit of Share (Tentative)Oct 21, 2024Oct 01, 2024
Listing date (Tentative)Oct 22, 2024Oct 03, 2024
Anchor Lockin End date 1Nov 17, 2024Oct 30, 2024
Anchor Lockin End date 2Jan 16, 2025Dec 29, 2024

Financials & KPIs

Hyundai Motor IPO P/E ratio is 26.28, as compared to KRN Heat Exchanger IPO P/E ratio of 24.78.

 Hyundai Motor IPOKRN Heat Exchanger 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 2024
Assets258.36
Total Income313.54
Profit After Tax39.07
NET Worth131.65
Total Borrowing59.69
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10094.39
Promoter Shareholding (Post-Issue)82.570.78
P/E Ratio26.2824.78
Market Cap₹159258.06 Cr.₹1309.51 Cr.
ROE40.86%
ROCE13.69%31.21%
Debt/Equity0.45
EPS₹74.58₹8.88
RoNW12.26%29.68%

Shares Offered

In the Hyundai Motor IPO Retail Individual Investors (RII) are offered 4,94,95,705 shares while in KRN Heat Exchanger 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 31,07,455 shares in KRN Heat Exchanger IPO.

 Hyundai Motor IPOKRN Heat Exchanger IPO
Anchor Investor Reservation4,24,24,890 shares45,50,000 shares
Market Maker Reservation
QIB2,82,83,260 shares31,07,455 shares
NII2,12,12,445 shares23,87,215 shares
RII4,94,95,705 shares54,98,330 shares
Employee7,78,400 shares
Others
Total14,21,94,700 shares1,55,43,000 shares

Bids Received (Subscription)

Hyundai Motor IPO subscribed 2.37x in total, whereas KRN Heat Exchanger IPO subscribed 213.41x.

 Hyundai Motor IPOKRN Heat Exchanger IPO
QIB (times)6.97x253.04x
NII (times)0.60x430.54x
Big NII (times)0.58x445.31x
Small NII (times)0.65x401.01x
RII (times)0.50x96.74x
Employee (times)1.74x
Other (times)
Total (times)2.37x213.41x

Compare with others

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Hyundai Motor IPO Vs KRN Heat Exchanger IPO