Hyundai IPO
The Hyundai Motor India IPO is set to be one of the largest in India's recent history. Hyundai Motor India Limited (HMIL), a part of the South Korean Hyundai Motor Group, has announced plans to raise â¹25,000 crore through this IPO.
It marks the company's first public offering, following the footsteps of other major automakers like Maruti Suzuki. Scheduled between October 15 and October 17, 2024, investors are eagerly watching this offering, expecting it to have a significant impact on the Indian stock market.
Participating in the Hyundai IPO is a straightforward process. If you haven't already, the firststep is to open free demat account online. A demat account is essential for holding shares electronically. Numerous online brokers offer quick and easy account setups, which can be done in a matter of minutes.
Here's a detailed insight into the Hyundai IPO, complemented by HDFC Sky's âOne-Click IPO' tool to enhance your investing experience.
The Significance of Hyundai Motor India
Hyundai Motor India Limited (HMIL) has been a key player in the Indian automobile market since its establishment in 1996. As the second-largest carmaker in the country, HMIL produces a wide range of vehicles, from sedans to electric vehicles (EVs), under the globally recognized Hyundai brand. With models like Creta, Grand i10 NIOS, and Ioniq 5, Hyundai is a major name in the SUV and EV segments in India. Over the years, Hyundai has strengthened its market position, with 12 million cumulative sales both domestically and via exports by March 2024.
The IPO of Hyundai Motor India is crucial not only because of its scale but also due to the potential returns it offers. The company aims to list its shares on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). With a price band set between â¹1,865 and â¹1,960 per share and a lot size of seven shares, the IPO is structured as a book-built issue of 14.22 crore shares.
For seasoned investors with experience in commodity trading, this IPO offers a great way to diversify portfolios by adding shares from the growing automobile sector.
Key Financials of Hyundai Motor India
Hyundai Motor India has demonstrated impressive financial performance over the years. For the nine months ending December 31, 2023, the company's revenue from operations was â¹52,157.91 crore, with a comprehensive income of â¹4,376.52 crore. In FY23, the company's total revenue reached â¹60,307.58 crore, and its net income stood at â¹4,692.01 crore. These numbers highlight Hyundai's ability to sustain growth despite industry challenges.
To attract more investors, Hyundai plans to utilise its IPO funds for future expansions, further solidifying its dominance in the Indian market. Those interested in investing can easily participate by using a demat app for faster and more efficient trading.
|
Financial Year |
Revenue (â¹ Crore) |
Net Income (â¹ Crore) |
|
FY22 |
47,378.43 |
2,904.29 |
|
FY23 |
60,307.58 |
4,692.01 |
|
9 Months (2023) |
52,157.91 |
4,376.52 |
Hyundai's strong financials provide a positive outlook for potential investors. The brand's established presence, coupled with robust revenue growth, ensures that the IPO will be a promising opportunity for those looking to diversify their portfolios.
Why Invest in Hyundai IPO?
There are several reasons why the Hyundai IPO is generating so much excitement. Firstly, it's one of the largest IPOs India has seen since Life Insurance Corporation (LIC) went public. Investors are keen to seize the opportunity, given Hyundai's reputation and consistent performance in the passenger vehicle market. Additionally, the IPO offers investors a chance to participate in the growing EV market, where Hyundai is already a leading player.
Moreover, Hyundai Motor India has consistently increased its market share and remained a key exporter of vehicles, which strengthens its position in the global market. This IPO is not just about raising capital but also about providing retail and institutional investors with a stake in one of the most successful automotive brands in India.
The process to invest in this IPO is simple. If you're new to the stock market, now is an excellent time to expand your investments by purchasing shares through this IPO.
Hyundai Motor India: A Legacy of Innovation
Since its inception, Hyundai Motor India has focused on offering innovation, quality, and sustainability. The company is well-known for its modern vehicle designs, advanced technology, and competitive pricing. The brand's portfolio includes a mix of budget-friendly cars and premium models, catering to a wide audience. By focusing on fuel efficiency, Hyundai has also made significant strides in electric mobility with its Ioniq range of EVs, helping the company stay ahead in the evolving automotive industry.
This innovation-driven approach makes the Hyundai IPO a compelling investment opportunity. Hyundai is well-positioned to benefit from the increasing demand for both internal combustion engine (ICE) vehicles and electric vehicles (EVs), particularly in India, where the EV market is growing rapidly due to government incentives and a shift towards eco-friendly transport.
What You Need to Know About the Hyundai IPO
Here are some of the critical details for investors interested in the Hyundai IPO:
By opening a demat app, you can stay updated on the IPO status and ensure timely participation. The Hyundai Motor India IPO is expected to be oversubscribed due to its size, which means investors must be well-prepared to secure their bids on time.
Once your account is ready, you can place your bid for Hyundai's shares through the IPO. Ensure you have sufficient funds in your linked bank account to cover your bids. The allotment will be finalized on October 18, 2024, and those allotted shares will be listed on the exchanges starting October 22, 2024.
How to apply for IPO using HDFC Sky's One-Click feature
With HDFC Sky's One-Click IPO feature, the IPO application process has never been easier. Here's a quick guide to applying for the Hyundai IPO:
HDFC Sky's One-Click IPO features include:
The Hyundai IPO offers a significant investment opportunity, combining growth potential with stability. With HDFC Sky's One-Click IPO feature, the application process becomes simpler and more user-friendly.
