Hyundai Motor India IPO
A Landmark Offering
Hyundai Motor India Limited's upcoming IPO marks a significant milestone in India's automotive sector. This Rs 27,870 crore offering provides investors a chance to participate in the growth story of India's second-largest automaker.
RI
by RA ALOK DAIYA SEBI Reg. INH000011468
IPO Details and Timeline
1
IPO Open Date
Tuesday, October 15, 2024
2
IPO Close Date
Thursday, October 17, 2024
3
Basis of Allotment
Friday, October 18, 2024
4
Initiation of Refunds
Monday, October 21, 2024
5
Credit of Shares to Demat
Monday, October 21, 2024
6
Listing Date
Tuesday, October 22, 2024
7
Cut-off time for UPI mandate confirmation
5 PM on October 17, 2024
Offer Structure and Pricing
Issue Size
142,194,700 equity shares, entirely an offer for sale by the promoter.
Price Band
₹1865 to ₹1960 per share, allowing investors to bid within this range.
Lot Size
Minimum bid of 7 shares, requiring an investment of ₹13,720 for retail investors.
IPO Objectives
The company will not receive any proceeds from the IPO. All proceeds will go to the Promoter Selling Shareholder after deducting IPO-related expenses and relevant taxes, which will be borne by the Promoter Selling Shareholder.
Company Profile and Market Position
Indian Automotive Leader
Hyundai Motor India, a subsidiary of the global Hyundai Motor Group, has solidified its position as a dominant force in India's automotive market.
Manufacturing Excellence
With a state-of-the-art manufacturing facility in Chennai, Hyundai Motor India produces vehicles for both domestic and international markets.
Diverse Product Portfolio
Hyundai Motor India offers a wide range of vehicles, catering to different customer needs and preferences, from hatchbacks to SUVs and electric vehicles.
Nationwide Presence
Hyundai's extensive dealer network provides convenient access to service and support for customers throughout India.
Financial Performance
Hyundai's strong financial performance showcases its robust growth trajectory and market resilience.
Investment Rationale
1
Market Leadership
Second-largest passenger vehicle manufacturer in India with a strong brand presence.
2
Diverse Product Portfolio
Wide range of vehicles catering to various segments and consumer preferences.
3
Future Growth Potential
Expansion plans and focus on electric vehicles position the company for future success.
IPO Review
A Compelling Investment Opportunity
The Hyundai Motor India IPO presents a unique opportunity to invest in a market leader. With its strong financials, diverse portfolio, and future growth prospects, it merits serious consideration for both seasoned and novice investors in the Indian stock market.
Hyundai Motor India's robust financial performance, highlighted by consistent revenue and profit growth, demonstrates its strong foundation and resilience in the Indian automotive landscape. This track record, combined with its commitment to expanding its product portfolio and embracing emerging technologies like electric vehicles, suggests a promising future for the company.
The company's commitment to innovation and sustainability, evident in its foray into the electric vehicle segment, positions it well to capitalize on the burgeoning EV market in India. This strategic move aligns with the country's push toward sustainable mobility and further strengthens Hyundai Motor India's position as a forward-thinking leader in the industry.
In conclusion, the Hyundai Motor India IPO presents a compelling investment proposition for investors seeking exposure to the dynamic Indian automotive sector. Its robust financials, diverse product portfolio, and strategic initiatives suggest a bright future for the company. This, coupled with its strong brand presence and market leadership, makes it a potentially attractive investment opportunity.