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	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 Northern Arc Capital IPO is up to ₹777.00 Cr. The final issue price of Hyundai Motor IPO is ₹1,960.00 per share 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)	₹1,865.00 per share	₹249.00 per share
Issue Price (Upper)	₹1,960.00 per share	₹263.00 per share
Issue Price (Final)	₹1,960.00 per share	₹263.00 per share
Discount (Retail)
Discount (Employee)	₹186.00 per share	₹24.00 per share
Market Lot Size	7 shares	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 ₹27,870.16 Cr	up to ₹277.00 Cr
Issue Size Total	14,21,94,700 shares	2,95,43,727 shares
Issue Size Total (Amount)	up to ₹27,870.16 Cr	up to ₹777.00 Cr

IPO Timetable

Hyundai Motor IPO opens on Oct 15, 2024, while Northern Arc Capital IPO opens on Sep 16, 2024. The closing date of Hyundai Motor IPO and Northern Arc Capital IPO is Oct 17, 2024, and Sep 19, 2024, respectively.

	Hyundai Motor IPO	Northern Arc Capital IPO
Anchor Bid Date	Oct 14, 2024	Sep 13, 2024
Issue Open	Oct 15, 2024	Sep 16, 2024
Issue Close	Oct 17, 2024	Sep 19, 2024
Basis Of Allotment (Tentative)	Oct 18, 2024	Sep 20, 2024
Initiation of Refunds (Tentative)	Oct 21, 2024	Sep 23, 2024
Credit of Share (Tentative)	Oct 21, 2024	Sep 23, 2024
Listing date (Tentative)	Oct 22, 2024	Sep 24, 2024
Anchor Lockin End date 1	Nov 17, 2024	Oct 19, 2024
Anchor Lockin End date 2	Jan 16, 2025	Dec 18, 2024

Financials

Hyundai Motor IPO P/E ratio is 26.28, 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)

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

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)

82.50%

P/E Ratio

26.28

11.78

Market Cap

₹159258.06 Cr.

₹4242.86 Cr.

ROE

ROCE

13.69%%

Debt/Equity

3.9

EPS

₹74.58

₹22.32

RoNW

12.26%%

13.32%%

Shares Offered

In the Hyundai Motor IPO retail investors (RII) are offered 4,94,95,705 shares while in Northern Arc Capital 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 58,01,354 shares in Northern Arc Capital IPO.

	Hyundai Motor IPO	Northern Arc Capital IPO
Anchor Investor Reserveration	4,24,24,890 shares	87,02,031 shares
Market Maker Reserveration
QIB	2,82,83,260 shares	58,01,354 shares
NII	2,12,12,445 shares	43,51,016 shares
RII	4,94,95,705 shares	1,01,52,384 shares
Employee	7,78,400 shares	0 shares
Others
Total	9,97,69,810 shares	2,03,04,754 shares

Bids Received (Subscription)

Hyundai Motor IPO subscribed 2.37x in total, whereas Northern Arc Capital IPO subscribed 117.19x.

	Hyundai Motor IPO	Northern Arc Capital IPO
QIB (times)	6.97x	242.73x
NII (times)	0.60x	147.58x
Big NII (times)	0.58x	160.48x
Small NII (times)	0.65x	121.79x
RII (times)	0.50x	32.01x
Employee (times)	1.74x
Other (times)
Total (times)	2.37x	117.19x

Compare with others

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

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