Hyundai Motor India IPO Date, Review, Price Details

Hyundai Motor India IPO Details

Hyundai Motor India IPO Market Lot

The Hyundai Motor India IPO minimum market lot is 7 shares with ₹13,720 application amount. Retail investors can apply up to 14 lots with 98 shares or ₹192,080 amount.

Hyundai Motor India IPO Dates

The Hyundai Motor India IPO date is 15 October 2024 and the close date is 17 October 2024. The Hyundai Motor India IPO allotment will be finalized on 18 October 2024 and the IPO listing on 22 October 2024.

Promoters of Hyundai Motor India IPO

The promoter of the company is Hyundai Motor Company.

About Hyundai Motor India IPO

Hyundai Motor India is a part of the Hyundai Motor Group, the third largest auto original equipment manufacturer (OEM) in the world based on passenger vehicle sales in CY2023, according to the CRISIL Report. They have been the second largest auto OEM in the Indian passenger vehicles market since Fiscal 2009 (in terms of domestic sales volumes) according to the CRISIL Report. They have a track record of manufacturing and selling four-wheeler passenger vehicles that are reliable, feature-rich, innovative, and backed by the latest technology.

This is demonstrated in their portfolio of 13 models across multiple passenger vehicle segments by body types such as sedans, hatchbacks, sports-utility vehicles (SUVs), and battery electric vehicles (EVs). They also manufacture parts, such as transmissions and engines. They have also been India’s largest exporter of passenger vehicles from Fiscal 2005 to the first 11 months of Fiscal 2024, having exported the highest cumulative number of passenger vehicles for the same period, according to the CRISIL Report.

Since 1998 and up to March 31, 2024, they have cumulatively sold nearly 12 million passenger vehicles in India and through exports. They believe their current market position is because of (i) their wide product offerings, stakeholder relationships, and operations; (ii) the strong Hyundai brand in India; (iii) their ability to leverage new technologies to enhance operational and manufacturing efficiency; and (iv) their ability to expand into new businesses such as EVs through innovation. In CY2023, they were among the top three contributors to HMC’s global sales volumes, and their contribution to HMC’s sales volumes has increased from 15.48% in CY2018 to 18.19% in CY2023.

Hyundai Motor India IPO Company Financial Report

The company reported revenue of ₹71,302.32 crores in 2024 against ₹61,436.64 crores in 2023. The company reported a profit of ₹6,060.04 crores in 2024 against a profit of ₹4,709.25 crores in 2023.

Amount ₹ in Crores

Hyundai Motor India IPO Valuation – FY2024

Check Hyundai Motor India IPO valuation details like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• The company will not receive any proceeds from the Offer (the “Offer Proceeds”) and all the Offer Proceeds will be received by the Promoter Selling Shareholder after the deduction of Offer related expenses and relevant taxes thereon, to be borne by the Promoter Selling Shareholder.

Hyundai Motor India IPO Review

• IPO Watch – Apply
• Anand Rathi – Apply
• Arihant Capital – Apply
• Bajaj Capital – Apply
• Canara Bank Securities – Apply
• KR Choksey Securities – Apply
• SMIFS Limited – Apply
• Emkay Global –
• Hem Securities –
• IDBI Capital – Apply
• Marwadi Shares – Apply
• Nirmal Bang –
• SBICAP Securities – Apply
• Sharekhan –
• SMC Global –
• Sushil Finance –
• Swastika Investmart –
• Ventura Securities –
• Geojit –
• Reliance Securities –
• Capital Market –
• BP Wealth –
• ICICIdirect – Apply
• Choice Broking –

Hyundai Motor India IPO Registrar

KFin Technologies Limited
Phone: +91 40 6716 2222/ 1800 309 4001
Email: [email protected]
Website: https://ris.kfintech.com/ipostatus/

IPO Lead Managers aka Merchant Bankers

• Kotak Mahindra Capital Company Limited
• Citigroup Global Markets India Private Limited
• HSBC Securities and Capital Markets (India) Private Limited
• J.P. Morgan India Private Limited
• Morgan Stanley India Company Private Limited

Company Address

Hyundai Motor India Limited
Plot No. H-1, SIPCOT Industrial Park,
Irrungattukottai, Sriperumbudur Taluk,
Kancheepuram District – 602 105,
Tamil Nadu, India
Phone: +91 44 6710 5135
E-mail: [email protected]
Website: www.hyundai.com/in/en

Hyundai Motor India IPO FAQs