Hyundai Motor India IPO

Hyundai Motor India

Hyundai Motor India IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
To be announced------
Issue SizeIPO Doc
25000.00Cr
DRHP PDF

About the company

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.;
Founded in
May 6, 1996
Managing director
Mr. Unsoo Kim
Parent organisation
Hyundai Motor India

Strength and risks

Strengths
Risks
Since its inception until December 31, 2023, Hyundai Motor India has exported 3.53 million passenger vehicles to over 150 countries, including Latin America, Africa, the Middle East, and Asia. It serves as a production and export hub for emerging markets, particularly for models like Verna and Venue.
The current vehicle portfolio of the company caters to a diverse customer base. This includes 13 passenger vehicle models across major segments: sedans (Aura and Verna), hatchbacks (Grand i10 NIOS, i20, and i20 N Line), and SUVs (Exter, Venue, Venue N Line, Creta, Creta N Line, Alcazar, Tucson, and Ioniq 5).
The R&D centre in Hyderabad collaborates closely with HMC's central R&D hub in Namyang, Korea. This centre is expanding to become the global hub for compact passenger vehicle R&D. Additionally, Hyundai Motor India Engineering Private Limited (HMIEPL) provides technical expertise for local customisation.
As of December 31, 2023, Hyundai Motor India had 1,366 sales outlets across 1,031 cities and towns in India and 1,550 service centres across 962 cities and towns in India.
The company’s revenue from operations consistently increased from Rs 40,972.25 crore in 2021 to Rs 47,378.43 crore in 2022 and Rs 60,307.58 crore in 2023.

Financials

*All values are in Rs. Cr
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