IPO Details

Bidding Dates

To be announced

Minimum Investment

To be announced

Price Range

To be announced

Maximum Investment

To be announced

Retail Discount

To be announced

Issue Size

To be announced

Investor category and sub category

Qualified Institutional Buyers  |   Retail Individual Investors  |   Non-institutional Investors  |   Eligible Employees and Eligible Shareholders  |  

Hyundai Motor India IPO Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

To be announced

IPO Closing Date

To be announced

IPO Allotment Date

To be announced

Initiation of Refunds

To be announced

Credit of Shares

To be announced

Listing Date

To be announced

UPI mandate Cut-Off

To be announced

About Hyundai IPO

Hyundai Motor India Limited is launching an IPO (Initial Public Offering) of up to 142,194,700 equity shares. Each share has a face value of ₹10. The shares will be offered at a price of ₹[] per share, which includes a premium of ₹[] per share, totalling up to ₹[*] crores.

This IPO is an offer for sale by Hyundai Motor Company, the promoter and selling shareholder. The offered shares will make up 17.50% of the total equity share capital of the company after the IPO. The price of each share is [*] times its face value. The exact price range and minimum bid size will be decided by Hyundai Motor India Ltd in consultation with the Book Running Lead Managers (BRLMS).

Details about the IPO will be published in all editions of widely circulated national daily newspapers in English, Hindi, and Tamil (the regional language of Tamil Nadu, where the company's registered office is located). These advertisements will appear at least two working days before the IPO opening date.

The information will also be available on the websites of the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), which follow SEBI ICDR regulations.

Hyundai India IPO Objectives

The company will not receive any proceeds from the sale. All proceeds, after deducting offer-related expenses and taxes, will go to the Promoter Selling Shareholder.

About Hyundai Motor India Limited

Hyundai Motor India Limited plays a crucial role within the Hyundai Motor Group, recognised as the world’s third-largest auto OEM based on passenger vehicle sales in CY2023. Since Fiscal 2009, the company has consistently held the position of India’s second-largest auto OEM in terms of domestic sales volumes. 

Hyundai Motor India Limited offers a diverse portfolio of 13 models spanning sedans, hatchbacks, SUVs, and EVs, known for their reliability, innovation, and integration of advanced technology. As India’s leading exporter of passenger vehicles since Fiscal 2005, Hyundai Motor India Limited has achieved substantial market presence and operational excellence. 

As of March 31, 2024, the company had sold nearly 12 million vehicles cumulatively in India and through exports. This success can be attributed to its wide-ranging product offerings, strong stakeholder relationships, operational efficiency, and proactive adoption of new technologies.

The company prioritises local sourcing, with approximately 90% of its parts and materials procured locally, thereby enhancing operational efficiency and supporting a responsive supply chain. Hyundai Motor India Limited boasts a robust dealer and service network, encompassing over 1,366 sales outlets and 1,550 service centers across India. 

Hyundai Motor India Limited remains committed to advancing mobility solutions in India, evidenced by its investments in EV manufacturing infrastructure and sustainable practices. 

Industry Outlook:

  1. India's GDP growth is expected to average 7.0% between Fiscals 2025 and 2029, outpacing global growth. This benefits Hyundai Motor India Limited by providing a favourable economic environment for business expansion.
  2. Strong domestic demand driven by urbanisation and higher disposable incomes will increase car sales, presenting significant opportunities for Hyundai Motor India Limited to grow its market share.
  3. Initiatives like the PLI scheme and increased infrastructure spending will boost industrial investments and economic activity, aiding Hyundai Motor India Limited with improved logistics and a stronger supply chain.

Peer Details

The companies considered by Hyundai Motor India Limited as its peers include:

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

How to Apply for Hyundai IPO online?

  1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
  2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
  3. Select Hyundai IPO: Find and select the Hyundai IPO from the list of open IPOs.
  4. Enter the Lot Size: Specify the number of lots you want to bid for.
  5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
  6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

How to Check the Allotment Status of the Hyundai Motor India IPO?

Steps to check IPO allotment status on Angel One’s app:

  • Log in to the Angel One app
  • Go to the individual order details page of the IPO that you had applied for. 
  • Check the IPO allotment status. As such, Angel One will notify you of your IPO allotment status via push notification, email, and SMS.

Contact Details of Hyundai Motor India Limited

Registered office: Plot No. H-1, SIPCOT Industrial Park, Irrungattukottai, Sriperumbudur Taluk, Kancheepuram District 602 105, Tamil Nadu, India

Email: complianceofficer@hmil.net

Phone: +91 44 6710 5135

Hyundai Financials

Particulars March 31, 2023 March 31, 2022 March 31, 2021
Revenue from Operations (in ₹ million) 603,075.80 473,784.32 409,722.51
Profit After Tax (PAT) (in ₹ million) 47,092.50 29,015.91 18,811.56
Cash & Cash Equivalents (in ₹ million) 177,411.47 141,388.42 115,676.31
Return on Net Worth (%) 23.48 17.21 12.29
Earnings Per Share (“EPS”) (%) 57.96 35.71 23.15
EBITDA (Excluding Other Income) (in ₹ million) 75,487.80 54,860.89 42,456.61
Return On Capital Employed (%) 28.75 20.37 15.38

Know before investing

Strengths

5
  1. Hyundai Motor India: second-largest auto OEM, top passenger vehicle exporter.

  2. Offers sedans, hatchbacks, SUVs for diverse customer preferences.

  3. Exports vehicles to 150+ countries; key production, export hub.

  4. Utilises global trends, advanced tech via Hyderabad R&D center.

  5. Extensive network: 1,366 sales outlets, 1,550 service centers nationwide.

Risks

5
  1. Rising parts prices may harm operations and profitability.

  2. Supplier dependency risks supply chain disruptions.

  3. Legal issues could damage Hyundai's business and reputation.

  4. Chennai plant disruption affects production and finances.

  5. Internal competition with Kia may impact market share.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Hyundai Motor India IPO FAQs

What is Hyundai Motor India IPO?

Hyundai Motor India IPO is a book-built IPO. The exact dates and price range are yet to be announced. 

How to Research Hyundai Motor IPO Before Investing?

To research Hyundai Motor’s IPO, review their business model, market position, and competitive landscape. Analyse financial statements, focusing on revenue growth, profitability, balance sheet strength, and cash flow. Assess industry trends and potential risks before investing.

How to Increase Your Chances of Getting a Hyundai Motors IPO Allotment?

  1. Multiple Submissions: Use different Demat accounts to make multiple applications.
  2. Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.
  3. Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.

When will Hyundai Motor India IPO be allotted?

The exact dates and price range are yet to be announced. 

When will Hyundai IPO open for subscription?

The IPO subscription window is not announced yet.

What minimum lot size can retail investors subscribe to?

Retail investors can apply for a minimum of one lot. However, the lot size has not been announced yet.

When will Hyundai Motor India Limited list on exchanges?

The exact date is not announced yet.

How do I check the allotment status of the Hyundai Motor India IPO?

Steps to check IPO allotment status on Angel One’s app:

  • Log in to the Angel One app
  • Go to the individual order details page of the IPO that you had applied for. 
  • Check the IPO allotment status as such, Angel One will notify you of your IPO allotment status via push notification, email and SMS.

What would be the listing gains on the Hyundai IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange. The exact date is not announced yet.

I have finished the application process for the Hyundai Motor India IPO, but the funds still need to be debited. What is the reason?

Initially, the bank will only block the amount in your account. The money will not be debited until the stocks are allotted to you.

How do I approve the UPI mandate request for Hyundai Motor India IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

How to Sell My Hyundai Motor IPO shares?

Once the Hyundai IPO shares are listed on the stock market, you can use the following steps to sell your Hyundai Motor IPO shares: log in to your brokerage account, select the shares from your portfolio, choose the sell option, set the sale price (market or limit order), and confirm the transaction to complete the sale.

Can I submit more than one application for the public issue of Hyundai Motor India Limited using one PAN?

You can submit only one application using your PAN card.