IPO Details
Bidding Dates
To be announced
Minimum Investment
To be announced
Price Range
To be announced
Maximum Investment
To be announced
Retail Discount
To be announced
Issue Size
To be announced
Investor category and sub category
Qualified Institutional Buyers | Retail Individual Investors | Non-institutional Investors | Eligible Employees and Eligible Shareholders |Hyundai Motor India IPO Dates
Important dates with respect to IPO allotment and listing
IPO Opening Date
To be announced
IPO Closing Date
To be announced
IPO Allotment Date
To be announced
Initiation of Refunds
To be announced
Credit of Shares to Demat
To be announced
Listing Date
To be announced
Cut-off time for UPI mandate confirmation
To be announced
About Hyundai IPO
Hyundai Motor India Limited is launching an IPO (Initial Public Offering) of up to 142,194,700 equity shares. Each share has a face value of ₹10. The shares will be offered at a price of ₹[] per share, which includes a premium of ₹[] per share, totalling up to ₹[*] crores.
This IPO is an offer for sale by Hyundai Motor Company, the promoter and selling shareholder. The offered shares will make up 17.50% of the total equity share capital of the company after the IPO. The price of each share is [*] times its face value. The exact price range and minimum bid size will be decided by Hyundai Motor India Ltd in consultation with the Book Running Lead Managers (BRLMS).
Details about the IPO will be published in all editions of widely circulated national daily newspapers in English, Hindi, and Tamil (the regional language of Tamil Nadu, where the company's registered office is located). These advertisements will appear at least two working days before the IPO opening date.
The information will also be available on the websites of the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), which follow SEBI ICDR regulations.
Hyundai India IPO Objectives
The company will not receive any proceeds from the sale. All proceeds, after deducting offer-related expenses and taxes, will go to the Promoter Selling Shareholder.
About Hyundai Motor India Limited
Hyundai Motor India Limited plays a crucial role within the Hyundai Motor Group, recognised as the world’s third-largest auto OEM based on passenger vehicle sales in CY2023. Since Fiscal 2009, the company has consistently held the position of India’s second-largest auto OEM in terms of domestic sales volumes.
Hyundai Motor India Limited offers a diverse portfolio of 13 models spanning sedans, hatchbacks, SUVs, and EVs, known for their reliability, innovation, and integration of advanced technology. As India’s leading exporter of passenger vehicles since Fiscal 2005, Hyundai Motor India Limited has achieved substantial market presence and operational excellence.
As of March 31, 2024, the company had sold nearly 12 million vehicles cumulatively in India and through exports. This success can be attributed to its wide-ranging product offerings, strong stakeholder relationships, operational efficiency, and proactive adoption of new technologies.
The company prioritises local sourcing, with approximately 90% of its parts and materials procured locally, thereby enhancing operational efficiency and supporting a responsive supply chain. Hyundai Motor India Limited boasts a robust dealer and service network, encompassing over 1,366 sales outlets and 1,550 service centers across India.
Hyundai Motor India Limited remains committed to advancing mobility solutions in India, evidenced by its investments in EV manufacturing infrastructure and sustainable practices.
Industry Outlook:
- India's GDP growth is expected to average 7.0% between Fiscals 2025 and 2029, outpacing global growth. This benefits Hyundai Motor India Limited by providing a favourable economic environment for business expansion.
- Strong domestic demand driven by urbanisation and higher disposable incomes will increase car sales, presenting significant opportunities for Hyundai Motor India Limited to grow its market share.
- Initiatives like the PLI scheme and increased infrastructure spending will boost industrial investments and economic activity, aiding Hyundai Motor India Limited with improved logistics and a stronger supply chain.
Peer Details
The companies considered by Hyundai Motor India Limited as its peers include:
- Maruti Suzuki India Limited
- Tata Motors Limited
- Mahindra &Mahindra Limited
How to Check the Allotment Status of the Hyundai Motor India IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the individual order details page of the IPO that you had applied for.
- Check the IPO allotment status. As such, Angel One will notify you of your IPO allotment status via push notification, email, and SMS.
Contact Details of Hyundai Motor India Limited
Registered office: Plot No. H-1, SIPCOT Industrial Park, Irrungattukottai, Sriperumbudur Taluk, Kancheepuram District 602 105, Tamil Nadu, India
Email: complianceofficer@hmil.net
Phone: +91 44 6710 5135
Hyundai Financials
| Particulars | March 31, 2023 | March 31, 2022 | March 31, 2021 |
|---|---|---|---|
| Revenue from Operations (in ₹ million) | 603,075.80 | 473,784.32 | 409,722.51 |
| Profit After Tax (PAT) (in ₹ million) | 47,092.50 | 29,015.91 | 18,811.56 |
| Cash & Cash Equivalents (in ₹ million) | 177,411.47 | 141,388.42 | 115,676.31 |
| Return on Net Worth (%) | 23.48 | 17.21 | 12.29 |
| Earnings Per Share (“EPS”) (%) | 57.96 | 35.71 | 23.15 |
| EBITDA (Excluding Other Income) (in ₹ million) | 75,487.80 | 54,860.89 | 42,456.61 |
| Return On Capital Employed (%) | 28.75 | 20.37 | 15.38 |
Know before investing
Strengths
5-
Hyundai Motor India: second-largest auto OEM, top passenger vehicle exporter.
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Offers sedans, hatchbacks, SUVs for diverse customer preferences.
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Exports vehicles to 150+ countries; key production, export hub.
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Utilises global trends, advanced tech via Hyderabad R&D center.
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Extensive network: 1,366 sales outlets, 1,550 service centers nationwide.
Risks
5-
Rising parts prices may harm operations and profitability.
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Supplier dependency risks supply chain disruptions.
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Legal issues could damage Hyundai's business and reputation.
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Chennai plant disruption affects production and finances.
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Internal competition with Kia may impact market share.
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Hyundai Motor India IPO FAQs
Hyundai Motor India IPO is a book-built IPO. The exact dates and price range are yet to be announced.
The exact dates and price range are yet to be announced.
The IPO subscription window is not announced yet.
Retail investors can apply for a minimum of one lot. However, the lot size has not been announced yet.
The exact date is not announced yet.
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the individual order details page of the IPO that you had applied for.
- Check the IPO allotment status as such, Angel One will notify you of your IPO allotment status via push notification, email and SMS.
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange. The exact date is not announced yet.
Initially, the bank will only block the amount in your account. The money will not be debited until the stocks are allotted to you.
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
You can submit only one application using your PAN card.
