Hyundai Motor India Ltd launched its IPO on October 15, 2024.
The Hyundai Motor IPO is a book-built issue, aiming to raise ₹27,870.16 crores through the sale of 14.22 crore shares. Retail investors can participate with a minimum lot size of 7 shares. The IPO allotment is expected on October 18, with the listing on BSE and NSE set for October 22, 2024.
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Hyundai Motor IPO Details
| Detail | Information |
| IPO Opening Date | October 15, 2024 |
| IPO Closing Date | October 17, 2024 |
| Listing Date | October 22, 2024 |
| Face Value | ₹10 per share |
| Price Range | ₹1865 to ₹1960 per share |
| Lot Size | 7 shares |
| Total Issue Size | 14,22,19,470 shares (₹27,870.16 Cr) |
| Offer for Sale | 14,22,19,470 shares (₹27,870.16 Cr) |
| IPO Segment | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Shareholding Pre-Issue | 812,541,100 shares |
Overview of Hyundai Motor India Limited
Hyundai Motor India Limited, established in May 1996, is part of the Hyundai Motor Group, the third-largest auto OEM globally. The company manufactures and sells a variety of four-wheeler passenger vehicles, including hatchbacks, sedans, SUVs, and electric vehicles. It also exports to countries like Africa, the Middle East, and South Asia, with a strong presence in India through 1,366 sales points and 1,550 service points.
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Key Details
- Hyundai Motor IPO Opening Date: October 15, 2024
- Hyundai Motor IPO Closing Date: October 17, 2024
- Hyundai Motor IPO Allotment Date: October 18, 2024
- Hyundai Motor IPO Price Band: ₹1865 to ₹1960 per share
- Hyundai Motor IPO Lot Size: 7 shares
- IPO Refunds Initiated: October 21, 2024
- Shares Credited to Demat: October 21, 2024
- IPO Listing Date: October 22, 2024
Hyundai Motor India Ltd: Financial Highlights for 2024
Hyundai Motor India has shown solid growth in recent years. The company’s revenue increased by 16% in FY24, while profit after tax (PAT) grew by 29%.
| Year | Revenue (₹ Crore) | Net Worth (₹ Crore) |
| 30 Jun 2024 | 17,567.98 | 12,148.71 |
| 31 Mar 2024 | 71,302.33 | 10,665.66 |
| 31 Mar 2023 | 61,436.64 | 20,054.82 |
| 31 Mar 2022 | 47,966.05 | 16,856.26 |
Hyundai Motor India IPO: SWOT Analysis
Hyundai Motor IPO offers substantial opportunities for investors.
Strengths:
- One of the largest auto manufacturers globally with a strong brand presence.
- Consistent growth in revenue and profits over the years.
- A well-established network of dealers and service points across India.
- Strong presence in the electric vehicle (EV) segment.
Weaknesses and Risks:
- The company operates in a highly competitive auto market.
- Rising material costs may affect profitability.
- Global economic uncertainties may impact the automobile sector.
Opportunities:
- Growing demand for electric vehicles provides room for expansion.
- Potential for further penetration in international markets.
FAQs | Hyundai Motor India Ltd IPO
Hyundai Motor India Ltd is part of the Hyundai Motor Group, known for manufacturing and selling reliable passenger vehicles in India.
The bidding date for the Hyundai Motor IPO is from October 15, 2024, to October 17, 2024.
The IPO lot size for Hyundai Motor is 7 shares.
The Hyundai Motor IPO launch date is October 15, 2024, and will close on October 17, 2024.
You can check the allotment status of the IPO shares through the official registrar’s website.
The IPO face value is set at ₹10 per share.
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