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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Hyundai Motor India Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹1,960
Per ShareLot Size
7 Shares
Minimum Investment
₹13,720
Issue Size
₹27,870.16 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
82.5%
Issue Type
Book Building
ISIN
INE0V6F01027
Hyundai Motor India Limited primarily manufactures and sells four-wheeler passenger vehicles and parts, such as transmissions and engines in India and outside India. Currently its vehicle portfolio includes 13 passenger vehicle models across sedans, hatchbacks, SUVs and battery EVs. The Company has been the second largest auto OEM in the Indian passenger vehicles market in Fiscals 2022, 2023 and 2024 and the three months ended June 30, 2024, and also since Fiscal 2009 (in terms of domestic sales volumes), according to the CRISIL Report. The Company is a part of the Hyundai Motor Group, the third largest auto OEM in the world based on passenger vehicle sales in CY2023, according to the CRISIL Report. The Company has been India's second largest exporter of passenger vehicles since Fiscal 2022 through June 30, 2024, according to the CRISIL Report. Its revenue from sale of products - vehicles as a percentage of revenue from operations was 85.77%, 87.36%, 85.98%, 86.67% and 86.30%, and our revenue from sale of products-parts as a percentage of revenue from operations was 5.94%, 6.24%, 6.18%, 6.05% and 7.12%, in the three months ended June 30, 2024 and June 30, 2023 and in Fiscals 2024, 2023 and 2022, respectively.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 142,194,700 equity shares of face value of Rs. 10 each ("Equity Shares") of Hyundai Motor India Limited ("The Company" or the "Issuer") for cash at a price of Rs. 1,960* per equity share (including a premium of Rs. 1,950 per equity share) ("Offer Price") aggregating to Rs. 27858.75* crores through an offer for sale ("The Offer") of 142,194,700 equity shares of face value of Rs. 10 each aggregating to Rs. 27858.75* crores by Hyundai Motor Company ("Promoter Selling Shareholder") (the "Offer for Sale" and such equity shares, the "Offered Shares"). The offer included a reservation of 778,400* equity shares of face value of Rs. 10 each, aggregating to Rs. 138.09 crores* (constituting 0.10% of the post-offer paid-up equity share capital, for subscription by eligible employees ("Employee Reservation Portion"). Pursuant to finalization of basis allotment 613,648 equity shares were allotted to employee under the employee reservation portion. The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 17.50% and 17.42% of the post-offer paid-up equity share capital of the company. * A discount of Rs. 186 per equity share was offered to eligible employees bidding in the employee reservation portion.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
The Indian PV industry witnessed growth reaching a high of 3.3 million vehicle sales in Fiscal 2019. This growth until Fiscal 2019 was led by continuous improvement in GDP, increase in disposable incomes and new model launches, stable cost of vehicle ownership, as well as rising traction for SUVs. Between Fiscals 2019 and 2024, India's domestic PV sales volume rose at 5% CAGR. This growth was despite the sales contraction (at 10% CAGR) witnessed during Fiscals 2019 to 2021. From the low base of Fiscal 2021, passenger vehicle sales bounced back and grew at a healthy pace to reach the historic high of 4.2 million units in Fiscal 2024. In Fiscal 2024, the Company had a market share across select OEMs in India in terms of volume of 12% (hatchbacks), 22% (sedans) and 18% (SUVs).
The Company was incorporated on May 6, 1996 as a public limited company under the Companies Act, 1956, with the name "Hyundai Motor India Limited", pursuant to a certificate of incorporation granted by the Registrar of Companies, Tamil Nadu and subsequently, a certificate of commencement of business dated May 10, 1996 was issued to the Company by the Registrar of Companies, Tamil Nadu.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.