Hyundai Motor IPO vs Waaree Energies IPO

Comparison between Hyundai Motor IPO and Waaree Energies IPO.

IPO Details

Hyundai Motor IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Waaree Energies 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 Waaree Energies IPO is up to ₹4,321.44 Cr. The final issue price of Hyundai Motor IPO is ₹1,960.00 per share and of Waaree Energies IPO is ₹1,503.00 per share.

 Hyundai Motor IPOWaaree Energies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹1,865.00 per share₹1,427.00 per share
Issue Price (Upper)₹1,960.00 per share₹1,503.00 per share
Issue Price (Final)₹1,960.00 per share₹1,503.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹186.00 per share₹0.00 per share
Market Lot Size7 shares9 shares
Fresh Issue Size0 shares2,39,52,095 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹3,600.00 Cr
OFS Issue Size14,21,94,700 shares48,00,000 shares
OFS Issue Size (Amount)up to ₹27,858.75 Crup to ₹721.44 Cr
Issue Size Total14,21,94,700 shares2,87,52,095 shares
Issue Size Total (Amount)up to ₹27,858.75 Crup to ₹4,321.44 Cr

IPO Timetable

Hyundai Motor IPO opens on Oct 15, 2024, while Waaree Energies IPO opens on Oct 21, 2024. The closing date of Hyundai Motor IPO and Waaree Energies IPO is Oct 17, 2024, and Oct 23, 2024, respectively.

 Hyundai Motor IPOWaaree Energies IPO
Anchor Bid DateOct 14, 2024Oct 18, 2024
Issue OpenOct 15, 2024Oct 21, 2024
Issue CloseOct 17, 2024Oct 23, 2024
Basis Of Allotment (Tentative)Oct 18, 2024Oct 24, 2024
Initiation of Refunds (Tentative)Oct 21, 2024Oct 25, 2024
Credit of Share (Tentative)Oct 21, 2024Oct 25, 2024
Listing date (Tentative)Oct 22, 2024Oct 28, 2024
Anchor Lockin End date 1Nov 17, 2024Nov 22, 2024
Anchor Lockin End date 2Jan 16, 2025Jan 21, 2025

Financials & KPIs

Hyundai Motor IPO P/E ratio is 26.28, as compared to Waaree Energies IPO P/E ratio of 30.87.

 Hyundai Motor IPOWaaree Energies 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 Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets11,989.4811,313.737,419.922,237.40
Total Income3,496.4111,632.766,860.362,945.85
Profit After Tax401.131,274.38500.2879.65
NET Worth4,471.714,074.841,826.02427.13
Reserves and Surplus4,221.693,825.001,594.92230.43
Total Borrowing261.24317.32273.48313.08
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10071.8
Promoter Shareholding (Post-Issue)82.564.3
P/E Ratio26.2830.87
Market Cap₹159258.06 Cr.₹42939.36 Cr.
ROE8.79%
ROCE13.69%9.45%
Debt/Equity0.06
EPS₹74.58₹48.69
RoNW12.26%8.81%

Shares Offered

In the Hyundai Motor IPO Retail Individual Investors (RII) are offered 4,94,95,705 shares while in Waaree Energies 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 56,63,925 shares in Waaree Energies IPO.

 Hyundai Motor IPOWaaree Energies IPO
Anchor Investor Reservation4,24,24,890 shares84,95,887 shares
Market Maker Reservation
QIB2,82,83,260 shares56,63,925 shares
NII2,12,12,445 shares42,47,945 shares
RII4,94,95,705 shares99,11,870 shares
Employee7,78,400 shares4,32,468 shares
Others
Total14,21,94,700 shares2,87,52,095 shares

Bids Received (Subscription)

Hyundai Motor IPO subscribed 2.37x in total, whereas Waaree Energies IPO subscribed 79.44x.

 Hyundai Motor IPOWaaree Energies IPO
QIB (times)6.97x215.03x
NII (times)0.60x65.25x
Big NII (times)0.58x71.32x
Small NII (times)0.65x53.10x
RII (times)0.50x11.27x
Employee (times)1.74x5.45x
Other (times)
Total (times)2.37x79.44x

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Hyundai Motor IPO Vs Waaree Energies IPO