Hyundai Motor India Limited IPO Review
Neutral1960-1960 · Mainboard
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Analyst Verdict
Hyundai Motor India Limited IPO
Neutral
IPO at a Glance
Price Band
1960-1960
Issue Size
27870cr
Min. Investment
₹13,720
Opens
2024-10-13
Closes
2024-10-15
Listing
2024-10-20
Category
Mainboard
Key Strengths
✓World’s third-largest auto Original Equipment Manufacturer (OEM) by passenger vehicle sales in 2023.
✓Sold nearly 12 million passenger vehicles in India and through exports from 1998 to March 31, 2024.
✓Second-largest auto Original Equipment Manufacturer (OEM) in the Indian market since 2009 (domestic sales volumes).
✓India’s largest exporter of passenger vehicles from 2005 to the first 11 months of 2024, with the highest cumulative exports for this period.
Key Risks
⚠Kia Corporation and Kia India Pvt Ltd owned by Hyundai also operate in a similar domain, which could lead to conflicts of interest.
⚠Centralized at the Chennai plant; disruptions, including at the upcoming Talegaon plant (operational in H2 Fiscal 2026), could impact operations and financial health.
⚠Significant revenue depends on SUV sales; declines in demand or production issues could negatively affect operations.
⚠Operations are subject to seasonal fluctuations, which impact sales and financial performance. Demand typically peaks in January-March and during the festive season, with slowdowns in April-July and December.
⚠Changes in tax laws could negatively affect business prospects, financial standing, operational outcomes, and cash flows.
Frequently Asked Questions
Should I apply for Hyundai Motor India Limited IPO?
Based on our analysis, our rating for Hyundai Motor India Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Hyundai Motor India Limited IPO?
Kia Corporation and Kia India Pvt Ltd owned by Hyundai also operate in a similar domain, which could lead to conflicts of interest. Centralized at the Chennai plant; disruptions, including at the upcoming Talegaon plant (operational in H2 Fiscal 2026), could impact operations and financial health. Significant revenue depends on SUV sales; declines in demand or production issues could negatively af
What are the strengths of Hyundai Motor India Limited IPO?
World’s third-largest auto Original Equipment Manufacturer (OEM) by passenger vehicle sales in 2023. Sold nearly 12 million passenger vehicles in India and through exports from 1998 to March 31, 2024. Second-largest auto Original Equipment Manufacturer (OEM) in the Indian market since 2009 (domestic sales volumes).
What is the price band of Hyundai Motor India Limited IPO?
The price band for Hyundai Motor India Limited IPO is 1960-1960. The IPO has closed.
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