1.Big news, because Hyundai is bringing IPO Hyundai is a major player in the Indian automobile market, especially known for SUVs like Creta. Hyundai India has consistently been one of the top three contributors to Hyundai’s global sales
2.Hyundai is bringing the country’s biggest IPO. This IPO is coming for 27870 crores.
Before this, LIC’s IPO came which took away 20600 crores from the market.When such big IPOs come, if you people invest money in such big IPOs like someone has invested money in LIC or in Paytm, if you have invested money in Hyundai, then you people will have a very high chance of allotment.
•Because you are raising so much money, now you will raise so much money, if people do not get any multiple subscription here, then your chances of allotment will increase.
They are asking for money from you at a PE Ratio of almost 26.
☆If you buy shares of Hyundai, which is the parent company of Hyundai, it is listed in South Korea, if you buy its shares in South Korea, then their shares are running at a PE Ratio of about five.
▪︎If we talk about India, then in India If you buy, the money that is running away from India is approximately 26 PE Ratio. So you must have understood that Hyundai Company is asking for more money above the PE Ratio in India. If we talk about India, the biggest player in India, which has a market share of 41%, is Maruti Suzuki. Maruti Suzuki is currently running with a PE Ratio of about 26. The cheapest share in the market right now is Tata Motors, which has increased the money of the people by 10 times. Despite increasing the money by 10 times in the last few days, Tata Motors’ PE Ratio is still 10. Now, after leaving Tata Motors and Maruti Suzuki, you are going to go to Hyundai, which is bringing its IPO above 26 PE Ratio. The date of IPO is from 5th to 17th, the IPO of Hyundai Company is opening for you. If we talk about its face value So its face value is ₹10 per share
•If you choose the price band above, it is 1960, multiply it by 7, then your investment will come to around ₹13720 rupees. Yours will be required for just one lot. How much is the issue size? Hyundai Company is going to raise about 27870 CR from you and all the money will not go to the company
It will go to the shareholders of the company, so the offer is a fresh sale, there is no issue here
If we talk about its shares, then there are approximately 14 crore 21 lakh 94000 seven 700 shares
▪︎HYUNDAI Company Financial:- If we talk about this company, then in 2022 it was around 28000 crores, in 2023 it was 34000 crores, which is seen to decrease a little in 2024, around 26000 crores Acids are here the company’s revenue is increasing 47000 crores, 61 thousand crores and 71000 crores
▪︎But you people know that in comparison to this, our Tata Motors, Ratan Tata ji’s name is associated with it, its PE Ratio is also running at 10
☆You people know what is its revenue, 4.45 lakh crores, which is many times more than Tata Motors, you can say it is generating almost 6 times more revenue in comparison to HYUNDAI Company, so this was Mota Moti basic detail about HYUNDAI Company
Conclusion: – In this article, Mota Moti basic details about HYUNDAI Company and their IPO have been given, what did you people learn from this article, please tell by commenting, thank you