About Hyundai Motor India
The Hyundai IPO might be the most important in Indian historical past!
Hyundai Motor India, a subsidiary of the Korea-based Hyundai Group, was established in 1996. The corporate makes a speciality of manufacturing and promoting a variety of four-wheeler passenger automobiles, together with sedans, hatchbacks, SUVs, and electrical automobiles (EVs). Moreover, Hyundai produces key automotive components equivalent to transmissions and engines.
Presently, Hyundai’s lineup contains 13 fashions, starting from sedans and hatchbacks to SUVs. In FY 2024, Hyundai captured roughly 15% of the home automobile market, securing the second place behind Maruti Suzuki. As of December 31, 2023, Hyundai Motor India boasted 1,366 gross sales shops and 1,550 service centres throughout numerous cities and cities in India. This marked a big enlargement from March 31, 2021, when the corporate operated 1,167 gross sales shops and 1,307 service centres.
Difficulty dimension
Funds Raised within the IPO
Quantity
Total
₹27,870.16 crores
Contemporary Difficulty
–
Supply on the market
₹27,870.16 crores
Financials
Monetary Yr Ended
March 2021
March 2022
March 2023
March 2024
June 2024
Whole Property
26730.57
28358.06
34573.34
26349.25
25370.24
Income
41404.65
47966.05
61436.64
71302.33
17567.98
Revenue After Tax
1881.97
2901.59
4709.25
6060.04
1489.65
*All figures are in ₹ Crores
Necessary valuation metrics
Market capitalization at problem value
₹ 159258.06 crore
Value to earnings ratio
27 occasions
EPS
74.58
Strengths
World’s third-largest auto Authentic Gear Producer (OEM) by passenger car gross sales in 2023.Bought almost 12 million passenger automobiles in India and thru exports from 1998 to March 31, 2024.Second-largest auto Authentic Gear Producer (OEM) within the Indian market since 2009 (home gross sales volumes).India’s largest exporter of passenger automobiles from 2005 to the primary 11 months of 2024, with the very best cumulative exports for this era.
Dangers
Kia Company and Kia India Pvt Ltd owned by Hyundai additionally function in an identical area, which might result in conflicts of curiosity.
Centralized on the Chennai plant; disruptions, together with on the upcoming Talegaon plant (operational in H2 Fiscal 2026), might affect operations and monetary well being.
Important income is dependent upon SUV gross sales; declines in demand or manufacturing points might negatively have an effect on operations.
Operations are topic to seasonal fluctuations, which affect gross sales and monetary efficiency. Demand usually peaks in January-March and in the course of the festive season, with slowdowns in April-July and December.
Modifications in tax legal guidelines might negatively have an effect on enterprise prospects, monetary standing, operational outcomes, and money flows.
Schedule of Hyundai Motor India
Difficulty interval
15 – 17 Oct 2024
Difficulty value
₹1865 – ₹1960
Minimal order amount
7 & multiples thereof
UPI mandate deadline
17 Oct 2024 (5 PM)
Allotment finalization
18 Oct 2024
Refund initiation
21 Oct 2024
Share credit score
21 Oct 2024
Itemizing date
22 Oct 2024
Mandate finish date
01 Nov 2024
Lock-in finish date for anchor buyers (50%)
17 Nov 2024
Lock-in finish date for anchor buyers (remaining)
16 Jan 2025
4 Likes
Many consider this IPO favors Hyundai Motors (Korea) greater than the Indian market. How do you view the commerce concept of shopping for Hyundai Motors (Korea) shares? With allotment being powerful, the anticipated itemizing good points ought to enhance Hyundai Korea’s steadiness sheet as its Indian subsidiary’s shares acquire market worth.