Hyundai Motor India Limited – Globe Capital Market LTD.
Hyundai Motor India Limited
Closed
Price Band
₹1865 to ₹1960 per share
IPO Issue Period
October 15, 2024 to October 17, 2024
Issue Size
₹27,870.16 Cr
Face value
₹10 per share
Fresh issue
NIL
Offer for sale
₹27,870.16 Cr
Minimum Shares for Retail
7 Shares
Listing on
BSE, NSE
Issue Type
Book Built Issue IPO
Registrar to the Issue
Kfin Technologies Limited
Tentative Listing Date
Tuesday, October 22, 2024
QIB
50%
NII
15%
Retail
35%

Kotak Mahindra Capital Company Limited
Citigroup Global Markets India Private Limited
Hsbc Securities & Capital Markets Pvt Ltd
J.P. Morgan India Private Limited
Morgan Stanley India Company Pvt Ltd

Hyundai Motor Group is a parent company of Hyundai Motor India Limited. Hyundai India primarily focuses on the manufacturing and sale of four-wheeler passenger vehicles and vehicle parts, such as transmissions and engines, in India and globally. The company’s portfolio includes 13 passenger vehicle models ranging from sedans, hatchbacks, SUVs, and electric vehicles (EVs). The company maintains the position of the second-largest original equipment manufacturer (OEM) in India’s passenger vehicle market since fiscal 2009 and rank as the second-largest exporter of passenger vehicles from India since 2022. Hyundai India’s wide product offerings, stakeholder relationships, and advanced technological integration contribute to its strong market position in India and globally. The company leverages new technologies and a strong brand presence to enhance both operational efficiency and expansion into EV segment. Hyundai also holds a significant global position as part of Hyundai Motor Group, which is the third-largest auto OEM globally based on passenger vehicle sales as of 2023.

For the year/period ended (Rs. in Cr.)

H1FY24 FY23 FY22
Total Revenue 69,829.06 60,307.58 47,378.43
Profit After Tax 6,046.68 4,692.01 2,904.29
EPS 74.58 57.96 35.71
OPM (%) 13.08% 12.52% 11.58%
PATM (%) 8.48% 7.64% 6.05%

 

For year/ period ended ( in Cr.)

Company Name Market Cap (Cr.) Price P/BV P/E Sales (Cr.)
FY23
Net Profits(Cr.)
FY23
Hyundai Motor India Limited 159258 1960 13.10 26.30 69829 6046
Mahindra & Mahindra Ltd. 392240 3154 4.43 31.32 98763 10718
Maruti Suzuki India Ltd. 401088 12757 4.72 29.74 140933 13209
Tata Motors Ltd 345690 939 12.66 11.47 73303 7902

 

 

 

  • Strong Brand Recognition.
  • Diverse Product Range.
  • Technological Integration.
  • Strong R&D and Manufacturing Capabilities.
  • Offer for Sale.
  • listing the equity shares on stock exchanges.
  • To provide liquidity and a public market for the equity shares in India.

The company is one of the leading PV manufacturer offering wide varieties of PV, SPV vehicles. The company’s topline grew at CAGR of 14%. The company has aslo lowest debt to Equity among all listed players, boasting a strong financials. At the upper band, the company is expected to list at reasonable PE of 26.3. So we recommend to subscribe the IPO for potential long term gain.

Be a Part of IPO Success Stories!

Never Miss IPO Investment