Hyundai Motor IPO vs Manba Finance IPO

Comparision between Hyundai Motor IPO and Manba Finance IPO.

IPO Details

Hyundai Motor IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Manba Finance IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Hyundai Motor IPO	Manba Finance IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Kotak Mahindra Capital Company Limited Citigroup Global Markets India Private Limited Hsbc Securities & Capital Markets Pvt Ltd J.P. Morgan India Private Limited Morgan Stanley India Company Pvt Ltd	Hem Securities Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Hyundai Motor IPO is up to ₹27,870.16 Cr whereas the issue size of the Manba Finance IPO is up to ₹150.84 Cr. The final issue price of Hyundai Motor IPO is ₹1,960.00 per share and of Manba Finance IPO is ₹120.00 per share.

	Hyundai Motor IPO	Manba Finance IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹1,865.00 per share	₹114.00 per share
Issue Price (Upper)	₹1,960.00 per share	₹120.00 per share
Issue Price (Final)	₹1,960.00 per share	₹120.00 per share
Discount (Retail)
Discount (Employee)	₹186.00 per share
Market Lot Size	7 shares	125 shares
Fresh Issue Size		1,25,70,000 shares
Fresh Issue Size (Amount)		up to ₹150.84 Cr
OFS Issue Size	14,21,94,700 shares
OFS Issue Size (Amount)	up to ₹27,870.16 Cr
Issue Size Total	14,21,94,700 shares	1,25,70,000 shares
Issue Size Total (Amount)	up to ₹27,870.16 Cr	up to ₹150.84 Cr

IPO Timetable

Hyundai Motor IPO opens on Oct 15, 2024, while Manba Finance IPO opens on Sep 23, 2024. The closing date of Hyundai Motor IPO and Manba Finance IPO is Oct 17, 2024, and Sep 25, 2024, respectively.

	Hyundai Motor IPO	Manba Finance IPO
Anchor Bid Date	Oct 14, 2024	Sep 20, 2024
Issue Open	Oct 15, 2024	Sep 23, 2024
Issue Close	Oct 17, 2024	Sep 25, 2024
Basis Of Allotment (Tentative)	Oct 18, 2024	Sep 26, 2024
Initiation of Refunds (Tentative)	Oct 21, 2024	Sep 26, 2024
Credit of Share (Tentative)	Oct 21, 2024	Sep 27, 2024
Listing date (Tentative)	Oct 22, 2024	Sep 30, 2024
Anchor Lockin End date 1	Nov 17, 2024	Oct 26, 2024
Anchor Lockin End date 2	Jan 16, 2025	Dec 25, 2024

Financials

Hyundai Motor IPO P/E ratio is 26.28, as compared to Manba Finance IPO P/E ratio of 14.39.

Hyundai Motor IPO

Manba Finance IPO

Financial

Hyundai Motor India Limited Financial Information (Restated Consolidated)

Hyundai Motor India Limited's revenue increased by 16% and profit after tax (PAT) rose by 29% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	25,370.24	26,349.25	34,573.34	28,358.06
Revenue	17,567.98	71,302.33	61,436.64	47,966.05
Profit After Tax	1,489.65	6,060.04	4,709.25	2,901.59
Net Worth	12,148.71	10,665.66	20,054.82	16,856.26
Reserves and Surplus	11,336.17	9,853.12	19,242.28	16,043.71
Total Borrowing	758.14	767.92	1,158.6	1,140.03
Amount in ₹ Crore

Manba Finance Limited Financial Information (Restated)

Manba Finance Limited's revenue increased by 44% and profit after tax (PAT) rose by 90% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	973.75	787.25	561.46
Revenue	191.63	133.32	106.62
Profit After Tax	31.42	16.58	9.74
Net Worth	200.61	168.43	151.74
Reserves and Surplus	162.46	155.54	138.96
Total Borrowing	752.27	595.93	394.4
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

82.50%

74.98%

P/E Ratio

26.28

14.39

Market Cap

₹159258.06 Cr.

₹602.87 Cr.

ROE

21.36%%

ROCE

13.69%%

19.39%%

Debt/Equity

3.75

EPS

₹74.58

₹8.34

RoNW

12.26%%

15.66%%

Shares Offered

In the Hyundai Motor IPO retail investors (RII) are offered 4,94,95,705 shares while in Manba Finance 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 25,14,000 shares in Manba Finance IPO.

	Hyundai Motor IPO	Manba Finance IPO
Anchor Investor Reserveration	4,24,24,890 shares	37,71,000 shares
Market Maker Reserveration
QIB	2,82,83,260 shares	25,14,000 shares
NII	2,12,12,445 shares	18,85,500 shares
RII	4,94,95,705 shares	43,99,500 shares
Employee	7,78,400 shares	0 shares
Others
Total	9,97,69,810 shares	87,99,000 shares

Bids Received (Subscription)

Hyundai Motor IPO subscribed 2.37x in total, whereas Manba Finance IPO subscribed 224.05x.

	Hyundai Motor IPO	Manba Finance IPO
QIB (times)	6.97x	148.55x
NII (times)	0.60x	511.62x
Big NII (times)	0.58x	546.56x
Small NII (times)	0.65x	441.73x
RII (times)	0.50x	143.95x
Employee (times)	1.74x
Other (times)
Total (times)	2.37x	224.05x

Compare with others

Hyundai Motor IPO	Manba Finance IPO
Godavari Biorefineries IPO	Waaree Energies IPO
Deepak Builders & Engineers IPO	Garuda Construction and Engineering IPO
Waaree Energies IPO	Afcons Infrastructure IPO
Garuda Construction and Engineering IPO	Hyundai Motor IPO
Afcons Infrastructure IPO	Diffusion Engineers IPO
Diffusion Engineers IPO	KRN Heat Exchanger IPO
Manba Finance IPO	Northern Arc Capital IPO
KRN Heat Exchanger IPO	Arkade Developers IPO
Northern Arc Capital IPO	Western Carriers (India) IPO
Arkade Developers IPO	P N Gadgil Jewellers IPO

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