The Indian stock market is poised for a landmark event as Hyundai Motor India Limited (HMIL) readies for its much-awaited Initial Public Offering (IPO). Known for its expansive lineup of sedans, SUVs, and electric vehicles, Hyundai is India’s second-largest carmaker and a prominent exporter of passenger vehicles.
This IPO offers a significant opportunity for investors looking to invest in a strong, reliable brand with a history of innovation. With this in mind, it’s crucial to understand how to make the most of the opportunity, whether through a web trading platform or another medium.
Get the full details on the Hyundai IPO and HDFC Sky’s ‘One-Click IPO’ solution to simplify investments.
A Closer Look at Hyundai Motor India
Established in 1996, Hyundai Motor India is a division of Hyundai Motor Company, headquartered in South Korea. The company has become a leading force in the Indian automotive market, known for its feature-packed and reliable vehicles.
From popular hatchbacks like the Grand i10 NIOS to stylish sedans like the Verna, and their growing electric vehicle (EV) lineup, Hyundai offers a diverse range of options for every customer. The brand’s SUVs, such as the Creta and Tucson, have also gained significant market share.
Hyundai India boasts a strong sales network with over 1,366 sales points and 1,550 service centers nationwide. The company’s robust export numbers further solidify its global presence. As of March 2024, Hyundai has sold approximately 12 million passenger vehicles worldwide.
Key Details of the Hyundai Motor IPO
Details of the Hyundai Motor India IPO
The Hyundai Motor IPO is set to open on October 15, 2024, and will close on October 17, 2024. Here are the key details you need to know about this much-anticipated IPO:
| Particulars | Details |
| IPO Open Date | 15th October 2024 |
| IPO Close Date | 17th October 2024 |
| Price Band | ₹1865 – ₹1960 |
| Issue Size | ₹27870.16 Cr |
| Listing Date | 22nd October 2024 |
One of the easiest ways to get started is by opening an online Demat account. Numerous platforms allow users to open free Demat account without hassle.
Market Valuation and Financial Overview
The Hyundai Motor India IPO is expected to raise substantial funds, making it potentially one of the largest IPOs in India. Here’s a breakdown of the financial aspects and market valuation of the IPO:
| Particulars | Value |
| Upper Price Band | ₹1960 |
| Market Cap | ₹159250 Cr |
| EPS (FY24) | ₹74.58 |
| PE Ratio | 26.28x |
| Industry PE | 23.57x |
With such a robust financial foundation, Hyundai Motor IPO offers investors a promising opportunity for growth. The company’s diverse product lineup, ranging from hatchbacks to electric vehicles (EVs), ensures continued dominance in the Indian automotive market.
IPO Market Lot and Share Offer Breakdown
The market lot determines the minimum number of shares you can apply for during the IPO. For Hyundai Motor India, the minimum lot size is 7 shares. Investors can apply for a maximum of 14 lots, equating to 98 shares. Here’s a detailed table:
| Application Lot | Shares | Amount (₹) |
| Minimum 1 lot | 7 | ₹13,720 |
| Maximum 14 lots | 98 | ₹192,080 |
The shares will be allocated across three main categories:
| Category | % Offered |
| Qualified Institutional | Maximum 50% |
| Non-Institutional | Minimum 15% |
| Retail Individual Investors | Minimum 35% |
Investors will receive their allotted shares after the final allocation, and those who are unsuccessful will be refunded.
Investing in the IPO has been simplified with the advent of digital solutions. Once the Demat account is set up, you can begin applying for the IPO through the platform of your choice. Be sure to use an efficient share trading app that provides real-time updates, easy application processes, and smooth fund transfers.
Financial Snapshot of Hyundai Motor India
Hyundai Motor India’s financial performance has been nothing short of impressive. Between March 2023 and March 2024, the company’s revenue grew by 16%, while the profit after tax (PAT) surged by 29%. This reflects the company’s operational efficiency, effective cost management, and ability to adapt to market trends, especially in the fast-evolving EV space. Below is a financial breakdown of Hyundai Motor India:
| Particulars | FY 2024 | FY 2023 |
| Revenue (₹ Cr) | 71,302.33 | 61,436.64 |
| Profit After Tax (₹ Cr) | 6,060.04 | 4,709.25 |
| Net Worth (₹ Cr) | 10,665.66 | 20,054.82 |
These numbers show Hyundai’s strong financial health and potential for growth, making it a favourable investment option for both institutional and individual investors.
Hyundai’s Potential in the Electric Vehicle Segment
Hyundai Motor India’s early adoption of electric vehicles (EVs) in the Indian market is a significant achievement. The company’s flagship electric SUV, the Ioniq 5, has garnered praise for its innovative design, performance, and eco-friendly features. As the Indian government implements stricter emissions standards and promotes electric vehicles, Hyundai’s leadership in this segment could provide a significant competitive advantage.
EVs are anticipated to contribute substantially to the company’s future revenue, and the IPO proceeds could support further innovations in this area. Given the global trend towards greener technologies, Hyundai’s EV offerings could not only enhance its brand reputation but also generate substantial returns for its investors.
Why Invest in Hyundai Motor India’s IPO?
Several factors make the Hyundai Motor India IPO an appealing investment opportunity:
- Strong Brand Recognition: Hyundai is synonymous with reliability, innovation, and customer satisfaction. The company has consistently delivered quality vehicles across multiple segments, building a loyal customer base in India and abroad.
- Diverse Product Lineup: Hyundai’s extensive vehicle range, including sedans, SUVs, and EVs, ensures that the company caters to a broad spectrum of consumers. Their ongoing commitment to electric vehicles also positions them well for the future as demand for green technologies grows.
- Consistent Financial Performance: Hyundai Motor India has seen steady growth in both revenue and profits. This reflects the company’s strong foothold in the market and its ability to capitalize on opportunities in the automotive sector.
- Global Backing: As part of the Hyundai Motor Group, Hyundai Motor India benefits from global research and development (R&D), advanced manufacturing practices, and cutting-edge technology, further strengthening its market position.
How to apply for IPO using HDFC Sky’s One-Click feature
The One-Click IPO feature on HDFC Sky streamlines the application process for IPOs, making it easy and efficient. To apply for the Hyundai IPO, follow these steps:
- Login to HDFC Sky: Start by logging into your HDFC Sky account with your credentials.
- Go to the IPO section: Navigate to “Indian Stocks” in your profile and click on “IPO.”
- Choose the Hyundai IPO: Locate the Hyundai IPO and click “Apply Now.”
- Enter your bid: Provide your bid details and make any necessary customisations.
- Proceed with payment: Select UPI as your payment option.
- Approve the mandate: Open your UPI or banking app to approve the payment mandate.
- Confirm your order: Finalise your application by confirming and placing your order.
Key features of HDFC Sky’s One-Click IPO include:
- Simple application process: Apply for the IPO with a single click, minimising paperwork and errors.
- Real-time updates: Get instant notifications regarding your application status, allotment results, and refunds.
- Unified management: Manage all IPO investments seamlessly from one platform.
- Accessible anywhere: Apply using the HDFC Sky mobile app or online portal for convenience.
The Hyundai IPO represents a significant investment opportunity, combining growth and stability. Thanks to HDFC Sky’s One-Click IPO feature, the application process is more accessible and efficient. Don’t miss this chance to participate in this major market event.