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Hyundai Motor India Limited IPO

Hyundai Motor India Limited IPO

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Listed Price: ₹ 1,934.00 (-1.33%)

Having completed its public offering, Hyundai Motor India Limited's is now listed and trading on the NSE, BSE exchange as of 22-10-2024. The IPO raised cumulative capital of 14,21,94,700 Shares, including 14,21,94,700 Shares in primary capital infusion.

The IPO was conducted with a price range of ₹1,865 to ₹1,960 and minimum investment requirement of 7 shares. subscription activity between 15-10-2024 and 17-10-2024 reflected market assessment of the offering's valuation and prospects.

The allotment process finalized on 19-10-2024 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.

Hyundai Motor IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Hyundai Motor IPO Key Performance Indicator
Company Financials ( in Crore )

Hyundai Motor IPO About Company

Hyundai Motor India Limited (HMIL), established in May 1996, is a leading car manufacturer and part of the Hyundai Motor Group, the world’s third-largest automaker. Offering a wide range of stylish, reliable, and tech-driven vehicles—including sedans, hatchbacks, SUVs, and electric cars like the Ioniq 5—HMIL has become a household name with popular models like the Grand i10 NIOS, i20, Verna, and Creta. With a strong presence across India, it operates 1,366 sales points and 1,550 service centers, partnering with 363 dealers for smooth distribution. As of March 31, 2024, the company has sold nearly 12 million vehicles, serving both domestic and international markets, including Africa, the Middle East, and South Asia. Its advanced manufacturing plant near Chennai plays a key role in producing high-quality vehicles, including essential components like engines and transmissions.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Hyundai Motor IPO Strength Factors

  1. Wide Market Reach: Hyundai Motor India Ltd. (HMIL) is a top automobile brand in India, with 1,366 sales points and 1,550 service centers, ensuring strong nationwide coverage.
  2. Diverse Car Lineup: Hyundai offers a range of vehicles, including sedans, hatchbacks, SUVs, and electric cars, catering to different customer needs with popular models like the Grand i10 NIOS, Creta, Verna, and Ioniq 5.
  3. Innovation & Technology: Hyundai is known for its advanced, feature-packed cars and is making strides in electric vehicle (EV) technology with models like the Ioniq 5.
  4. Global Presence: Beyond India, Hyundai exports cars to Africa, the Middle East, and neighboring countries like Bangladesh, Nepal, Bhutan, and Sri Lanka, strengthening its international reach.
  5. Trusted Brand: Hyundai has built a strong reputation for reliable, high-quality vehicles and excellent after-sales service, keeping customers satisfied and loyal.
  6. Strong Backing: As part of the Hyundai Motor Group, HMIL benefits from global expertise, solid R&D, and financial strength, supporting its continued growth.



Hyundai Motor IPO Risk Factors

  1. Tough Competition: Hyundai faces strong competition in India from brands like Maruti Suzuki, Tata Motors, Kia, and Toyota, which could impact its market share.
  2. Limited EV Options: While Hyundai has entered the electric vehicle market, its EV lineup in India is still smaller compared to rivals expanding their offerings quickly.
  3. Market Dependence: Hyundai exports to many countries but relies heavily on regions like the Middle East and Africa, making it vulnerable to economic or political shifts in those areas.
  4. Supply Chain Challenges: Like other automakers, Hyundai faces risks from supply chain disruptions, such as semiconductor shortages, which can delay production and deliveries.
  5. Sibling Rivalry: Hyundai’s affiliate, Kia, operates in the same market, which could create competition between the two and affect Hyundai’s market position.
  6. Reliance on Parent Company: Hyundai Motor India depends on its parent company for key parts, materials, and R&D. Any disruption in this relationship could impact its operations.
  7. Industry & Market Risks: Despite recent growth in the auto sector, factors like geopolitical tensions and global economic shifts could still affect Hyundai’s business and stock performance.



Hyundai Motor IPO Lead Manager(s)

  • Kotak Mahindra Capital Company Limited
  • Citigroup Global Markets India Private Limited
  • Hsbc Securities & Capital Markets Private Limited
  • J.P. Morgan India Private Limited
  • Morgan Stanley India Company Private Limited

Hyundai Motor IPO Promoter(s)

  1. Hyundai Motor Company

Hyundai Motor IPO Company Details

Hyundai Motor India Limited
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Hyundai Motor IPO Registrar

Kfin Technologies Limited
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Hyundai Motor IPO FAQs