00:00If you also earn from these IPOs, then this video can definitely prove useful to you.
00:07Actually, the biggest IPO of this year is opening.
00:10The issue of about Rs 25,000 crores of Hyundai Motor India has been opened for public subscription from today.
00:16And in this, investors can bid till October 17.
00:20Hyundai Motor India is the second largest auto company in the country,
00:24but the opinion of exports regarding its IPO is quite different.
00:28Looking at the state of the grey market of the country, where many people have described it as a losing deal,
00:32many people are also getting a positive response.
00:36In this, let's know what do the exports believe that how much is it right to put a price on Hyundai Motor IPO and how much not.
00:43So let's first know a little detail about the IPO and then we will know the opinion of the exports.
00:48So the price band of Hyundai Motor India's IPO is from Rs 1865 to Rs 1960.
00:54The GMP of Hyundai Motor India's IPO was seen as Rs 75 till yesterday.
00:59This public issue of the company is completely an offer for sale.
01:03The company's intention is to raise Rs 27,870 crores through the IPO.
01:08Hyundai Motor India Ltd. had raised Rs 8,315 crores from its IPO one day earlier, i.e. on Monday, from its anchor investor.
01:16According to the information given on the website of BSE, New World Fund Inc.,
01:20Singapore Government, Fidelity Funds, BlackRock Global Funds, J.B. Morgan Funds, HDFC Life Insurance Company,
01:27and SBI Life Insurance Inc. were among the anchor investors who were shared.
01:34This will be India's largest IPO, which will surpass the Rs 21,000 crore IPO of LIC.
01:40Now let's know what is the opinion of the exports.
01:42So the brokerage firm ICICI Securities has advised to subscribe to Hyundai IPO.
01:47Experts do not expect much profit on the day of listing, but can still give a double-digit return to Hyundai Motor India Ltd. investors in the medium to long term.
01:57Apart from this, Shwer Khan has said in his report that apart from the domestic market, the company has also made a good impact in foreign markets.
02:05In the financial year 2024, the contribution of exports to the company was up to 21%.
02:11The company's focus is on South Asia, Africa and the Middle East.
02:14According to the brokerage, increasing competition and the arrival of new products can affect the company's market share and profits.
02:22Now let's understand a little about the company before going.
02:25So Hyundai Motor India started business in India in 1996 and it sells 13 car models in many segments.
02:33Now it is going to be listed and since the listing of Maruti Suzuki in 2003, it is the first time that a car company is going to be listed in the country.
02:42The company's chief operating officer Tarun Garg is seeing a good chance of its growth.
02:48And recently he said that the value of Indian units like Hyundai India of foreign companies is usually high because consumption and growth probabilities are very strong here.
02:58Apart from this, if we take a little look at the company's financial health, then Hyundai Motor India's PE ratio is 27X, while its parent company Hyundai Motor Company is 5X.
03:09If we talk about the financial year, then in the financial year 24, it had a net profit of more than 28.7% of Rs. 6060 crores.
03:18During this time, the revenue also increased by 15.8% and reached Rs. 69,829 crores.
03:25Hyundai Motor India's parent company's global revenue is only 6.5% and 8% in profit.
03:32But after listing, its share in the parent company's market cap will be about 42%.
03:38Now it is up to you to decide whether you want to invest in Hyundai Motor India or not.
03:43The opinions and suggestions given in this video by Goodreturns are the personal opinions of the expert and brokerage firm.
03:50Goodreturns advises you to always consult a certified expert before making any investment decision.
03:56And invest according to your portfolio and also do your own research.
04:01That's all in the video. What are your thoughts about Hyundai Motor India's IPO? Do tell us by commenting.
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