Hyundai motor india IPO Details, GMP Price, Date, Review

Hyundai motor india IPO Details, GMP Price, Date, Review

Hyundai motor india IPO Details Today : Hyundai motor india IPO Details Today is Open on [.] 2024 and Close on [.] 2024. Hyundai motor india IPO to Raise [.] shares (Approx ₹25,000 Cr) via IPO. The Fresh issue of [.] shares (Approx ₹[.] Cr) and the Offer For Sale is 142,194,700 shares (Approx ₹[.] Cr).

Our Company was incorporated on May 6, 1996 We are a part of the Hyundai Motor Group, which is the third largest auto OEM in the world based on passenger vehicle.

We have the support of HMC in many aspects of our operations including management, R&D, design, product planning, manufacturing, supply chain development, quality control, marketing, distribution, brand, human resources and financing, among others. We benefit from HMC’s centralised R&D hub that oversees global R&D initiatives for the Hyundai Motor Group.

We believe HMC’s R&D capabilities, coupled with information flow within the Hyundai Motor Group on emerging global trends and latest customer preferences, enables us to identify customer preferences in a timely fashion. This further helps us introduce new passenger vehicles, technologies and features in India in a short time-to-market. We also benefit from implementing HMC’s manufacturing practices and quality management system in our operations. HMC’sexports network across more than 190 countries helps us pursue export opportunities .

We deploy technology that is integrated across our operations, including in product design, manufacturing, and customer and dealer engagement. As a key part of the Hyundai Motor Group, we gain early access to global trends in automotive, technologies and features, including from HMC’s dedicated technology arm covering passenger vehicle IT services, smart manufacturing, mobility services, data security services and enterprise IT services – Hyundai Autoever. We leverage global insights and our R&D capabilities to introduce technology, design and aesthetics in our passenger vehicles that are tailored for the Indian market. Ourmanufacturing plant located at Irrungattukottai, Sriperumbudur in Chennai, Tamil Nadu (“Chennai

Manufacturing Plant”) was HMC’s first global integrated manufacturing plant outside Korea. The Chennai Manufacturing Plant had a production capacity of 824,000 units as of March 31, 2024. Leveraging Hyundai Autoever, HMC’s “smart factory” platform, we are able to produce flexibly customised passenger vehicles and parts using automated manufacturing processes. Further, to digitise the sales network, we have launched end-toend digital platforms, such as the “myHyundai” app for customers and the “H-Smart” app for dealers in India. Some of our innovations are shown in the image below.

Our current portfolio of passenger vehicles caters to a diverse customer base offering “something for everyone”. Our portfolio of 13 passenger vehicle models across major passenger vehicle segments by body type include sedans (Aura and Verna), hatchbacks (Grand i10 NIOS, i20 and i20 N Line) and SUVs (Exter, Venue, Venue N Line, Creta, Creta N Line, Alcazar, Tucson and IONIQ 5).

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. This 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

We are a part of the Hyundai Motor Group, the third largest auto original equipment manufacturer (“OEM”) in the world based on passenger vehicle sales in CY2023. We have been the second largest auto OEM in the Indian passenger vehicles market since Fiscal 2009.

We have a track record of manufacturing and selling four-wheeler passenger vehicles that are reliable, feature-rich, innovative and backed by latest technology. This is demonstrated in our 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”).

We also manufacture parts, such as transmissions and engines. We have also been India’s largest exporter of passenger vehicles from Fiscal 2005 to the first 11 months of Fiscal 2024. we have cumulatively sold nearly 12 million passenger vehicles in India and through exports.

We believe our current market position is because of-

(i) our wide product offerings, stakeholder relationships and operations.
(ii) the strong Hyundai brand in India.
(iii) our ability to leverage new technologies to enhance operational and manufacturing efficiency.
(iv) our ability to expand into new businesses such as EVs through innovation.

Hyundai motor india IPO Date & Price Band Details

IPO Open Date 2024
IPO Close Date 2024
IPO Size Approx ₹25,000 Crores
Fresh Issue Approx ₹[.] Crores
Offer For Sale Approx ₹[.] Crores
Lot Size [.] Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹[.] Per Every Share
IPO Listing On NSE & BSE
IPO Retail Quota 35%
IPO QIB Quota 50%
IPO NII Quota 15%
DRHP Draft Click Here
Anchor Investor Click Here

Hyundai motor india IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 - ₹-
Retail Maximum 13 - ₹-
S-HNI Minimum 14 - ₹-
B-HNI Minimum 68 - ₹-

Object of the Issue

1. To meet working capital requirements of our Company.
2. General corporate purposes.

Hyundai motor india IPO Allotment & Listings (Details)

IPO Open Date 2024
IPO Close Date 2024
Basis of Allotment 2024
Refunds 2024
Credit to Demat Account 2024
IPO Listing Date 2024

Hyundai motor india Financial Reports

₹ in Crores
Year Revenue Expense PAT
Dec 2023 ₹53298.09 ₹47317.83 ₹4382.87
2023 ₹61436.64 ₹55091.07 ₹4709.25
2022 ₹47966.05 ₹44193.84 ₹2901.59
2021 ₹41404.65 ₹38864.40 ₹1881.16

Our Company Promoters

  1. Hyundai Motor Company

Qualitative Factors

  •  We have been the second largest auto OEM since Fiscal 2009 in the Indian passenger vehicles market in
    terms of domestic sales volumes.
  • We have diverse portfolio of passenger vehicles across powertrains and across major passenger vehicle segments Our 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.
  • We identify emerging market trends in a timely manner and introduce innovative passenger vehicles and technologies to meet customer needs in India. We identify emerging market trends, latent customer needs and aspirations based on our and HMC’s global network, in-depth market and product research.
  • We 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.
  • We have digitised our customers and dealers’ interactions with each other and with us. Through the“myHyundai” app and our website, customers can interact with us at every stage of the passenger vehicle purchase journey and access after-sale services.
  • We have flexible and automated manufacturing capabilities. The Chennai Manufacturing Plant was one of India’s largest single location passenger vehicle manufacturing plants in terms of production capacity for CY2023, according to the CRISIL Report. Our passenger vehicles are based on five different platforms (four for ICE passenger vehicles and one for EVs).
  • We have an experienced management team with a track record of delivering profitable growth and superior returns .

Hyundai motor india Comparison Listed Industry Peers Group

Company Name Face Value EPS P/E Ratio Ro NW (%) NAV Per Revenue (₹ in Lakhs)
Maruti Suzuki India Limited 5 271.82 47.28 13.29% 2,045.53 1,175,713.00
Tata Motors Limited 2 6.30 150.09 5.33% 118.34 3,459,669.70
Mahindra & MahindraLimited 5 92.41 30.32 18.24% 506.60 1,212,685.50

Comparison of accounting ratios with listed industry peers

  1. Maruti Suzuki India Limited.
  2. Tata Motors Limited.
  3. Mahindra & MahindraLimited.

Hyundai motor india Company Contact Details

Plot No. H-1, SIPCOT Industrial Park
Irrungattukottai, Sriperumbudur Taluk
Kancheepuram District 602 105
Tamil Nadu, India
Tel.: +91 44 4710 0000
E-mail: complianceofficer@hmil.net
Website: www.hyundai.com/in/en

Hyundai motor india IPO Registrar

KFin Technologies Limited
Selenium Tower B, Plot No.31-32
Gachibowli, Financial District
Nanakramguda, Serilingampally
Hyderabad 500 032
Telangana, India
Tel: +91 40 6716 2222/ 1800 309 4001
Website: www.kfintech.com
E-mail: hmil.ipo@kfintech.com
Investor grievance e-mail: einward.ris@kfintech.com
Contact Person: M Murali Krishna

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