IPO

Hyundai Motor India Ltd. IPO

Hyundai Motor India Ltd., established in 1996, operates in the Auto - Cars & Jeeps sector. The company's IPO opened on October 15, 2024 and closed on October 17, 2024, with an issue price of ₹1960. ... Read more

Min Investment
₹ 13,720 / 7 shares
Price Range
₹1865 - ₹ 1960
Bidding Dates
15 Oct '24 - 17 Oct '24
Total Issue Value
27,870.16 Cr
Lot Size
7
Total Issue Size
27,870.16 Cr
Listing At
BSE, NSE
Subscription
1.96 times

IPO Timeline

  • 15 Oct 2024
    Bidding Starts
  • 17 Oct 2024
    Bidding Ends
  • 18 Oct 2024
    Allotment Finalization
  • 22 Oct 2024
    Listing

About Hyundai Motor India Ltd.

We primarily manufacture and sell four-wheeler passenger vehicles and parts, such as transmissions and engines in India and outside India. Currently our vehicle portfolio includes 13 passenger vehicle models across sedans, hatchbacks, SUVs and battery EVs. We have been the second largest auto OEM ... Read more

Parent organisation
Founded
Hyundai Motor India Ltd.
1996

Hyundai Motor India Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 4,24,24,890 (29.84%)
Employee Reserved 7,78,400 (0.55%)
Non Institutional Investors 2,12,12,445 (14.92%)
Qualified Institutional Buyers (QIBs) 2,82,83,260 (19.89%)
Retail Individual Investors (RIIs) 4,94,95,705 (34.81%)

Hyundai Motor India Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 71,302.33 Cr 6,060.04 Cr 9,853.12 Cr
31 Mar 2023 60,880.00 Cr 4,653.85 Cr 18,965.33 Cr
31 Mar 2022 47,623.69 Cr 2,861.77 Cr 15,822.60 Cr

Hyundai Motor India Ltd. Background

Major Events And Milestones
  • 1998
    Commenced production at our plant in Chennai
    Launch of Hyundai Santro (Atos) in India
  • 2006
    Launch of VERNA
    Production of 1,000,000th car in India
  • 2007
    Start of production at our second plant at Chennai
  • 2015
    Global launch of the SUV CRETA
  • 2019
    Launch of India’s first fully electric mass-market SUV, the ‘KONA Electric’ and a fully connected SUV ‘VENUE’ with Global BlueLink Connectivity Technology
  • 2020
    Accomplished the export of over three million vehicles
    Launched “Click to Buy” platform to facilitate online car purchasing experience for customers
  • 2021
    Introduction of the N LINE brand in India
    Production of “10 millionth" car in India
  • 2023
    Launch of Hyundai IONIQ – 5 in India
    Acquisition of the plant at Talegaon, Pune from General Motors India Private Limited
Hyundai Motor India Ltd. Object of Issues

1. Carry out the Offer for Sale of up to 142,194,700 Equity Shares of face value of ? 10 each by the Promoter Selling Shareholder aggregating up to ? [?] million
2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges

Hyundai Motor India Ltd. IPO Listing Details
Listing Date
22 Oct 2024
BSE Script Code
HYUNDAI
NSE Symbol
HYUNDAI
ISIN
INE0V6F01027
Final Issue Price
₹ 1960
Hyundai Motor India Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 1960.00 ₹ 1960.00
Open ₹ 1931.00 ₹ 1934.00
Low ₹ 1807.05 ₹ 1807.00
High ₹ 1968.80 ₹ 1970.00
Last Trade ₹ 1820.40 ₹ 1819.60
Hyundai Motor India Ltd. Company Promoters

1. Hyundai Motor Company

Industry Overview

The Indian PV industry witnessed growth reaching a high of 3.3 million vehicle sales in Fiscal 2019 (Source: CRISIL Report). This growth until Fiscal 2019 was led by continuous improvement in GDP, increase in disposable incomes and new model launches, stable cost of vehicle ownership, as well as ... Read more

Hyundai Motor India Ltd. Contact Details
Address: Plot No H-1, SIPCOT Industrial Park, Irrungattukottai, Sriperumbudur Taluk, Kancheepuram Dist. Tamil Nadu - 602105
Phone no:67105135
67105135
|
Hyundai Motor India Ltd. IPO Registrar
KFin Technologies Ltd.
Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally Hyderabad Telangana - 500032
67162222
Hyundai Motor India Ltd. IPO Lead Manager(s)
HSBC Securities and Capital Markets (India) Privat
52/60, Mahatma Gandhi Road, Fort, Mumbai Maharashtra - 400001
22685555

FAQs

When does Hyundai Motor India Ltd. IPO opens and closes?

Hyundai Motor India Ltd. IPO opens from 15th October to 17th October 2024.

What is the size of Hyundai Motor India Ltd. IPO?

The size of the Hyundai Motor India Ltd. IPO is ₹27,870.16 Cr.

What is the price range of Hyundai Motor India Ltd. IPO?

The price range of Hyundai Motor India Ltd. IPO is at ₹1865 to ₹1960 per share.

What is the minimum investment and lot size required for the Hyundai Motor India Ltd. IPO?

The minimum investment required is ₹13,720 and minimum lot size is 7 shares.

When is Hyundai Motor India Ltd. IPO listing date?

The Hyundai Motor India Ltd. IPO will be listed on 22nd October 2024.

What is the objective of Hyundai Motor India Ltd. IPO?

1. Carry out the Offer for Sale of up to 142,194,700 Equity Shares of face value of ? 10 each by the Promoter Selling Shareholder aggregating up to ? [?] million
2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges

Latest Updates

Hyundai Gears Up For The  India's Biggest Auto IPO in Years

Hyundai The upcoming IPO of Hyundai Motor India, the leading automotive company in India, is set to hit the Stock Market. The much-awaited Rs 27,870-crore public issue will hit the market next week, starting from October 14. This marks a significant milestone for the Indian primary market, as it will be one of three major IPOs taking place simultaneously. Hyundai Motor India plans to utilize the capital raised from the IPO for general corporate purposes, including funding future growth initiatives, expanding operations, and reducing debt. Additionally, employees of the company will have the opportunity to purchase shares at a discounted price.

Hyundai Motor India is set to launch one of the largest IPOs in Indian history, aiming to raise a substantial ₹27,870 crores. The IPO will be an Offer for Sale (OFS) of 14.22 crore shares, representing 17.5% of the company's total equity. The subscription period for the IPO is from October 15th to 17th, 2024, with allotment expected on October 18th. The shares are set to list on the BSE and NSE on October 22nd. Investors can participate by purchasing shares within the price band of Rs 1865 to Rs.1960. The minimum investment for retail investors is Rs.13,720, while for institutional investors, it varies based on their category. 

Hyundai Motor India Limited, a wholly-owned subsidiary of the global automotive giant Hyundai Motor Company, was established in May 1996.

As part of the world's third-largest automaker by passenger vehicle sales, Hyundai Motor India has solidified its position as a key player in the Indian automotive market. The company's strong association with the Hyundai Motor Group provides it with access to cutting-edge technology, global resources, and a strong brand reputation.

 

14 October 2024

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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