| Hyundai Motor India IPO Review | Hyundai India IPO SWOT Analysis | Hyundai IPO Subscription Status | Hyundai India IPO Listing |
Hyundai India IPO Description – Hyundai Motor India is the second-largest auto OEM in the Indian passenger vehicle market from 1 April 2021 through 30 June 2024. The company manufactures various four-wheeler passenger vehicles, including sedans, hatchbacks, SUVs, and electric vehicles (EVs). HMIL is also India’s largest exporter of passenger vehicles, having exported the highest cumulative number of vehicles from fiscal 2005 to the first 11 months of fiscal 2024.
Its contribution to HMC’s sales volumes has notably grown, increasing from 15.48% in CY 2018 to 18.19% in CY 2023. HMIL manufactures all its passenger vehicles and parts at its Chennai Manufacturing Plant. The company’s Chennai plant had an installed capacity of 8,24,000 units as of 30 June 2024. The company expects the annual production capacity across the Chennai and Talegaon manufacturing plants in aggregate to increase to 9,94,000 units when the Talegaon Manufacturing Plant is partly operational and to 10,74,000 units once the Talegaon Manufacturing Plant is fully operational.
HMIL has an extensive sales and service network across India, with 1,377 sales outlets and 1,561 service outlets as of 30 June 2024. This network is next to market leader Maruti Suzuki and ensures wide reach and customer support across rural and urban areas. As of 30 June 2024, the company had 5,672 full-time employees. HMIL employs a comprehensive training and development program for its personnel, including technical training and R&D support.
Promoters of Hyundai India – Hyundai Motor Company
Table of Contents
Hyundai India IPO Details
| Hyundai India IPO Dates | 15 – 17 October 2024 |
| Hyundai India Issue Price | INR 1,865 – 1,960 per share (Employee Discount – INR 186 per share) |
| Fresh issue | NIL |
| Offer For Sale | 14,21,94,700 shares (INR 26,519.31 – 27,870.16 crore) |
| Total IPO size | 14,21,94,700 shares (INR 26,519.31 – 27,870.16 crore) |
| Minimum bid (lot size) | 7 shares (INR 13,720) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Hyundai India Financial Performance
| FY 2022 | FY 2023 | FY 2024 | Q1 FY 2025 | |
| Revenue | 47,378.43 | 60,307.58 | 69,829.06 | 17,344.22 |
| Expenses | 44,193.84 | 55,091.07 | 63,062.45 | 15,564.60 |
| Net income | 2,901.59 | 4,709.25 | 6,060.04 | 1,489.65 |
| Margin (%) | 6.12 | 7.81 | 8.68 | 8.59 |
Hyundai India Offer News
- Hyundai India IPO Recommendations: Big is Beautiful
- Hyundai India IPO Review: SWOT Analysis
- Hyundai India RHP
- Hyundai India DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Hyundai India Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | FY 2024 (Post-Issue)* | |
| EPS | 35.71 | 57.96 | 74.58 | 74.58 |
| PE Ratio | – | – | – | 25.01 – 26.28 |
| FY 2022 | FY 2023 | FY 2024 | |
| RONW (%) | 17.21 | 23.48 | 56.82 |
| NAV | 207.45 | 246.82 | 131.26 |
| ROCE (%) | 20.37 | 28.75 | 62.90 |
| EBITDA (%) | 11.58 | 12.52 | 13.08 |
Hyundai India IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 21 October 2024 | 0 | – | 0 |
| 19 October 2024 | (10) | – | 0 |
| 18 October 2024 | (20) | – | 0 |
| 17 October 2024 | 25 | – | 100 |
| 16 October 2024 | 65 | – | 300 |
| 15 October 2024 | 60 | – | 300 |
| 14 October 2024 | 75 | – | 400 |
| 11 October 2024 | 135 | – | 700 |
| 10 October 2024 | 170 | – | 800 |
| 9 October 2024 | 190 | – | 900 |
| 8 October 2024 | 270 | – | 1,500 |
| 7 October 2024 | 290 | – | – |
| 5 October 2024 | 375 | – | – |
| 4 October 2024 | 375 | – | – |
| 3 October 2024 | 380 | – | – |
| 2 October 2024 | 380 | – | – |
| 1 October 2024 | 375 | – | – |
| 30 September 2024 | 400 | – | – |
Hyundai India – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Hyundai India | 26.28 | 74.58 | 56.82 | 131.26 | 69,829.06 |
| Maruti Suzuki India | 29.38 | 429.01 | 15.75 | 2,723.77 | 1,41,858.20 |
| Tata Motors | 11.36 | 81.89 | 36.98 | 221.67 | 4,37,927.77 |
| Mahindra & Mahindra | 17.02 | 100.70 | 17.02 | 594.08 | 1,38,279.30 |
Hyundai India IPO Allotment Status
Hyundai India IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Hyundai India IPO Dates & Listing Performance
| IPO Opening Date | 15 October 2024 |
| IPO Closing Date | 17 October 2024 |
| Finalization of Basis of Allotment | 18 October 2024 |
| Initiation of refunds | 21 October 2024 |
| Transfer of shares to demat accounts | 21 October 2024 |
| Hyundai India IPO Listing Date | 22 October 2024 |
| Opening Price on NSE | INR 1,934 per share (down 1.33%) |
| Closing Price on NSE | INR 1,819.60 per share (down 7.16%) |
Hyundai India IPO Reviews – Subscribe or Avoid?
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Antique Stock Broking –
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Ashika Research – Not rated
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BP Wealth – Avoid
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Dalal & Broacha –
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ICICIdirect – Subscribe
IDBI Capital – Subscribe
Jainam Broking – Neutral
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Mehta Equities – Subscribe for long term
Nirmal Bang – Neutral
Reliance Securities – Subscribe
Nuvama Wealth – Not rated
Samco Securities – Avoid
SBI Securities – Subscribe for long term
SMC Global – 3/5
SMIFS – Subscribe
Swastika Investmart – Subscribe for long term
Systematix Shares – Not rated
Ventura Securities – Subscribe
Hyundai India Offer Lead Manager
KOTAK MAHINDRA CAPITAL COMPANY LIMITED
27 BKC, 1st Floor, Plot no. C-27,
‘G’ Block, Bandra Kurla Complex,
Bandra (East), Mumbai 400 051
Phone: +91 22 4336 0000
Email: [email protected]
Website: www.investmentbank.kotak.com
Hyundai India Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222/ 1800 309 4001
E-mail: [email protected]
Website: www.kfintech.com
Hyundai India Contact Details
HYUNDAI MOTOR INDIA LIMITED
Plot No. C-11 & C-11 A, City Centre, Urban Estate – 2,
Sector 29, Gurugram – 122 001, Haryana, India
Phone: +91 44 6710 5135
Email: [email protected]
Website: www.hyundai.com/in/en
Hyundai India IPO FAQs
How many shares in the Hyundai India IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for a Hyundai India Public Offer?
The best way to apply for Hyundai India’s public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Hyundai IPO GMP today?
Hyundai IPO GMP today is INR 0 per share.
What is the Hyundai kostak rate today?
Hyundai India’s kostak rate today is INR NA per application.
What is Hyundai’s Subject to Sauda rate today?
Hyundai India Subject to Sauda rate today is INR 0 per application.
हुंडई कंपनी एक बहुत ही बढ़िया कंपनी है ।मेरा दिल है कि इस कम्पनी का ई प ओ ।का एक लॉट मुझे भी मिले तो में भी हुंडई की कार खरीद सकु
Scooter ko Sambhal bhai… Meto 1500/- me direct market se lunga… Bhai ye market sab deti he.. bas wait & watch.. Remember, the fruit of patience is always sweet.