Hyundai Motor IPO Date, Price, GMP, Review, Details

This IPO is to be list on NSE and BSE platform on 22 October, 2024, and allotment date is on 18 October, 2024 which check Hyundai Motor India IPO allotment status check on Kfin Technologies is the registrar for this offering.

The book-running lead managers of this IPO is 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 and Morgan Stanley India Company Private Limited. For more information check Hyundai Motor IPO DRHP and RHP details.

Hyundai Motor India IPO Details

Hyundai Motor India IPO Prospectus:

Hyundai Motor IPO Dates Timeline

Hyundai Motor India IPO Market Lot

Hyundai Motor India IPO GMP*

About Hyundai Motor India

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 Their-wheeler passenger vehicles that are reliable, feature-rich, innovative and backed by latest technology. This is demonstrated in Their portfolio  of  13  models across multiple passenger vehicle segments by body type 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 They re 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 Strengths

• They have been the second largest auto OEM since Fiscal 2009 in the Indian passenger vehicles market in terms of domestic sales volumes, according to the CRISIL Report;
• They have diverse portfolio of passenger vehicles across power trains and across major passenger vehicle segments their current portfolio of passenger vehicles caters to a diverse customer base, such that we are able to offer “something for everyone”. Currently, our portfolio includes 13 passenger vehicle models across all major passenger vehicle segments by body type;
• They identify emerging market trends in a timely manner and introduce innovative passenger vehicles and technologies to meet customer needs in India. They identify emerging market trends, latent customer needs and aspirations based on their and HMC’s global network, in-depth market and product research;
• They have pan-India sales and distribution and after-sale services network offered by our dealers As of December 31, 2023, we had 1,366 sales outlets across 1,031 cities and towns in India and 1,550 service centres across India across 962 cities and towns in India, which has grown from 1,167 sales outlets across 873 cities and towns in India and 1,307 service centres across 814 cities and towns in India as of March 31, 2021;
• They have digitised our customers and dealers’ interactions with each other and with them. Through the “myHyundai” app and them website, customers can interact with them at every stage of the passenger vehicle purchase journey and access after-sale services;
• They have an experienced management team with a track record of delivering profitable growth and superior returns.

Objects of the IPO Issue

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

Hyundai Motor India Company Financial Report

The company reported revenue of ₹71,302.32 crores in 2023 against ₹61,436.64 crores in 2022. The company reported a profit of ₹6,060.04 crores in 2023 against a Profit of ₹4,709.25 crores in 2022.

Hyundai Motor India IPO Valuation – Key Performance Indicator

KPI as of March 31, 2024.

Peer Group Comparison

The below peer comparison table’s data are showing as per the DRHP and RHP.

Hyundai Motor India IPO allotment status check on Link Intime website. Click on Kfin Technologies
 to get allotment status.

Hyundai Motor India IPO FAQs