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Hyundai Motor India

ListedAutomobile2024

India's largest-ever IPO at the time and the country's second-biggest carmaker. A muted listing as the entire issue was an offer for sale.

Return from IPO
-7%
₹1,960 → ₹1,820
Issue Price
₹1,960
Listing Price
₹1,934
Current
₹1,820
52W High
₹2,014
52W Low
₹1,542
Listing Gain
-1.3%

Company Overview

Introduction

Hyundai Motor India is the Indian arm of Hyundai Motor Company, manufacturing and selling passenger vehicles across hatchback, sedan and SUV segments.

Business Model

Earns from domestic vehicle sales and exports, with a strong SUV-led product mix and an established dealer and service network.

Industry Analysis

Indian PV demand is premiumising toward SUVs; EV transition and export potential are key long-term levers.

Promoters
Hyundai Motor Company (South Korea)

IPO Details

Issue Size
₹27,870 Cr
Price Band
₹1,865 – ₹1,960
Lot Size
7 shares
Open → Close
15 Oct 2024 – 17 Oct 2024
Listing Date
22 Oct 2024
Listing Gain
-1.3%
Subscription (times)
2.4x
Overall
7.0x
QIB
0.6x
NII
0.5x
Retail

Market Performance

Current Price
₹1,820
Market Cap
₹1.48L Cr
P/E Ratio
24.4
Dividend Yield
0%
ROE
30.1%
ROCE
38.5%

Financials

Revenue CAGR +20.6%
Fiscal YearRevenueProfitEBITDANet WorthDebt
FY22₹47,966 Cr₹2,902 Cr₹5,400 Cr₹14,500 Cr₹700 Cr
FY23₹60,307 Cr₹4,709 Cr₹7,300 Cr₹17,800 Cr₹600 Cr
FY24₹69,829 Cr₹6,060 Cr₹9,100 Cr₹20,100 Cr₹500 Cr

All figures in ₹ crore.

Price History

IPO Price vs Current

Returns

Key Numbers

GMP
₹15
Issue Size
₹27,870 Cr
Return from IPO
-7.1%
Listing Gain
-1.3%

News & Updates

  • Hyundai India unveils new EV for domestic market

    Economic Times

    15 May 2025
  • Exports help offset soft domestic demand

    Business Standard

    01 Feb 2025

SWOT Analysis

Strengths
  • Strong SUV portfolio
  • High return ratios
  • Established brand and network
Weaknesses
  • Royalty payments to parent
  • OFS-only float limits fresh capital
Opportunities
  • EV line-up and exports
  • Premiumisation trend
Threats
  • Intense PV competition
  • Input-cost and FX volatility

Figures are illustrative sample data for demonstration — not investment advice.