Hyundai Motor IPO vs Northern Arc Capital IPO

Comparision between Hyundai Motor IPO and Northern Arc Capital IPO.

IPO Details

Hyundai Motor IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Northern Arc Capital IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Hyundai Motor IPO	Northern Arc Capital 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	ICICI Securities Limited Axis Bank Limited Citigroup Global Markets India Private Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP		RHP
Anchor Investor		Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of Hyundai Motor IPO is 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 and of Northern Arc Capital IPO is ₹263.00 per share.

	Hyundai Motor IPO	Northern Arc Capital IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹249.00 per share
Issue Price (Upper)		₹263.00 per share
Issue Price (Final)		₹263.00 per share
Discount (Retail)
Discount (Employee)		₹24.00 per share
Market Lot Size		57 shares
Fresh Issue Size		1,90,11,407 shares
Fresh Issue Size (Amount)		up to ₹500.00 Cr
OFS Issue Size	14,21,94,700 shares	1,05,32,320 shares
OFS Issue Size (Amount)		up to ₹277.00 Cr
Issue Size Total	14,21,94,700 shares	2,95,43,727 shares
Issue Size Total (Amount)		up to ₹777.00 Cr

IPO Timetable

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

	Hyundai Motor IPO	Northern Arc Capital IPO
Anchor Bid Date		Sep 13, 2024
Issue Open		Sep 16, 2024
Issue Close		Sep 19, 2024
Basis Of Allotment (Tentative)		Sep 20, 2024
Initiation of Refunds (Tentative)		Sep 23, 2024
Credit of Share (Tentative)		Sep 23, 2024
Listing date (Tentative)		Sep 24, 2024
Anchor Lockin End date 1		Oct 20, 2024
Anchor Lockin End date 2		Dec 19, 2024

Financials

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

Hyundai Motor IPO

Northern Arc Capital IPO

Financial

Hyundai Motor India Limited Financial Information (Restated Consolidated)

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	32,488.34	34,573.34	28,358.06	26,730.57
Revenue	53,298.09	61,436.64	47,966.05	41,404.65
Profit After Tax	4,382.87	4,709.25	2,901.59	1,881.16
Net Worth	19,777.92	20,054.82	16,856.26	15,311.34
Reserves and Surplus	18,965.38	19,242.28	16,043.71	14,498.8
Total Borrowing	784.48	1,158.6	1,140.03	1,341.75
Amount in ₹ Crore

Northern Arc Capital Limited Financial Information (Restated Consolidated)

Northern Arc Capital Limited's revenue increased by 45% and profit after tax (PAT) rose by 31% 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	11,707.66	9,371.57	7,974.12
Revenue	1,906.03	1,311.2	916.55
Profit After Tax	317.69	242.21	181.94
Net Worth	2,314.35	1,955.39	1,739.04
Reserves and Surplus	2,123.37	1,784.22	1,555.3
Total Borrowing	9,047.76	7,034.57	5,982.96
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

P/E Ratio

11.78

Market Cap

₹4242.86 Cr.

ROE

ROCE

Debt/Equity

3.9

EPS

₹22.32

RoNW

13.32%%

Shares Offered

In the Hyundai Motor IPO retail investors (RII) are offered while in Northern Arc Capital IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Hyundai Motor IPO and 58,01,354 shares in Northern Arc Capital IPO.

	Hyundai Motor IPO	Northern Arc Capital IPO
Anchor Investor Reserveration		87,02,031 shares
Market Maker Reserveration
QIB		58,01,354 shares
NII		43,51,016 shares
RII		1,01,52,384 shares
Employee		0 shares
Others
Total		2,03,04,754 shares

Bids Received (Subscription)

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

	Hyundai Motor IPO	Northern Arc Capital IPO
QIB (times)		242.73x
NII (times)		147.58x
Big NII (times)		160.48x
Small NII (times)		121.79x
RII (times)		32.01x
Employee (times)
Other (times)
Total (times)		117.19x

Compare with others

Hyundai Motor IPO	Northern Arc Capital IPO
Diffusion Engineers IPO	Hyundai Motor IPO
Manba Finance IPO	Diffusion Engineers IPO
KRN Heat Exchanger IPO	Manba Finance IPO
Northern Arc Capital IPO	KRN Heat Exchanger IPO
Arkade Developers IPO	Arkade Developers IPO
	Western Carriers (India) IPO
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	Tolins Tyres IPO

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