Hyundai Motor India IPO

Hyundai Motor India Limited (HMIL) is a wholly-owned subsidiary of Hyundai Motor Company (HMC). The company offers mobility solutions. HMIL operates a network of 1,366 sales points and 1,550 service points across India. The company manufactures and sells four-wheeler passenger vehicles, including models such as sedans, hatchbacks, SUVs, and electric vehicles (EVs). HMIL also produces parts like transmissions and engines. The company’s line-up of 13 models includes the Grand i10 NIOS, i20, i20 N Line, AURA, Exter, Venue, Venue N Line, Verna, Creta, Crata N Line, Alcazar, Tucson, and the all-electric SUV Ioniq 5. HMIL’s manufacturing plant near Chennai is optimised to produce its full range of vehicle models. HMIL is also a key part of HMC’s global export hub, with exports to Africa, the Middle East, Bangladesh, Nepal, Bhutan, and Sri Lanka. In the calendar year 2023 (CY2023), HMIL was among the top three contributors to HMC’s global sales volumes. Also, these volumes have increased from 15.48% in CY2018 to 18.19% in CY2023.;