Hyundai Motor IPO vs KRN Heat Exchanger IPO

Comparision between Hyundai Motor IPO and KRN Heat Exchanger IPO.

IPO Details

Hyundai Motor IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while KRN Heat Exchanger IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Hyundai Motor IPO	KRN Heat Exchanger 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	Holani Consultants Private Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt 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 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 IPO	KRN 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)
Discount (Employee)	₹186.00 per share
Market Lot Size	7 shares	65 shares
Fresh Issue Size		1,55,43,000 shares
Fresh Issue Size (Amount)		up to ₹341.95 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	1,55,43,000 shares
Issue Size Total (Amount)	up to ₹27,870.16 Cr	up 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 IPO	KRN Heat Exchanger IPO
Anchor Bid Date	Oct 14, 2024	Sep 24, 2024
Issue Open	Oct 15, 2024	Sep 25, 2024
Issue Close	Oct 17, 2024	Sep 27, 2024
Basis Of Allotment (Tentative)	Oct 18, 2024	Sep 30, 2024
Initiation of Refunds (Tentative)	Oct 21, 2024	Oct 01, 2024
Credit of Share (Tentative)	Oct 21, 2024	Oct 01, 2024
Listing date (Tentative)	Oct 22, 2024	Oct 03, 2024
Anchor Lockin End date 1	Nov 17, 2024	Oct 30, 2024
Anchor Lockin End date 2	Jan 16, 2025	Dec 29, 2024

Financials

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

Hyundai Motor IPO

KRN Heat Exchanger 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

KRN Heat Exchanger and Refrigeration Limited Financial Information (Restated Consolidated)

Period Ended	31 Mar 2024
Assets	258.36
Revenue	313.54
Profit After Tax	39.07
Net Worth	131.65
Total Borrowing	59.69
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100%

94.39%

Promoter Shareholding (Post-Issue)

82.50%

P/E Ratio

26.28

24.78

Market Cap

₹159258.06 Cr.

₹1309.51 Cr.

ROE

40.86%%

ROCE

13.69%%

31.21%%

Debt/Equity

0.45

EPS

₹74.58

₹8.88

RoNW

12.26%%

29.68%%

Shares Offered

In the Hyundai Motor IPO retail 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 IPO	KRN Heat Exchanger IPO
Anchor Investor Reserveration	4,24,24,890 shares	45,50,000 shares
Market Maker Reserveration
QIB	2,82,83,260 shares	31,07,455 shares
NII	2,12,12,445 shares	23,87,215 shares
RII	4,94,95,705 shares	54,98,330 shares
Employee	7,78,400 shares	0 shares
Others
Total	9,97,69,810 shares	1,09,93,000 shares

Bids Received (Subscription)

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

	Hyundai Motor IPO	KRN Heat Exchanger IPO
QIB (times)	6.97x	253.04x
NII (times)	0.60x	430.54x
Big NII (times)	0.58x	445.31x
Small NII (times)	0.65x	401.01x
RII (times)	0.50x	96.74x
Employee (times)	1.74x
Other (times)
Total (times)	2.37x	213.41x

Compare with others

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

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