The Hyundai Motor India Limited IPO is set to make history with an estimated value of around ₹25,000 crores (approximately $3 billion). Expected to launch in October 2024, this IPO could become the largest in India’s history. Let’s dive into the details of this monumental offering, which is already creating a buzz in the financial world.
Hyundai Motor India Limited IPO: Key Details
- Issue Size: The Hyundai Motor India Limited IPO is estimated at approximately ₹25,000 crores ($3 billion), making it one of the largest IPOs in the country.
- Shares Offered: Up to 142,194,700 equity shares will be offered with a face value of ₹10 each, representing about 17.5% of the company’s total equity post-IPO.
- Structure: This IPO is a pure Offer for Sale (OFS) by the parent company, Hyundai Motor Company, without any fresh issue of shares.
Hyundai Motor India Limited IPO Information
| Details | Description |
|---|---|
| Issue Size | ₹25,000 crores ($3 billion), making it one of the largest IPOs in India. |
| Shares Offered | 142,194,700 equity shares with a face value of ₹10 each. |
| Percentage of Equity | Represents approximately 17.5% of the company’s total equity post-IPO. |
| IPO Structure | Pure Offer for Sale (OFS) by Hyundai Motor Company, with no fresh issue of shares. |
Hyundai Motor India Limited IPO Price and Valuation
The Hyundai Motor India Limited IPO is expected to have a valuation between $18 billion and $20 billion post-IPO. This valuation accounts for about 45-50.5% of Hyundai Motor Company’s total market cap, underscoring the importance of the Indian subsidiary within the global automotive giant.
Table: IPO Overview
| Details | Figures |
|---|---|
| Estimated IPO Size | ₹25,000 crores ($3 billion) |
| Equity Shares Offered | 142,194,700 |
| Offer Type | Pure Offer for Sale (OFS) |
| Valuation | $18 billion – $20 billion |
Hyundai Motor India Limited IPO GMP Today
While the exact Grey Market Premium (GMP) for the Hyundai Motor India Limited IPO is yet to be officially available, market experts are expecting significant interest due to the company’s strong market position. For the latest Hyundai Motor India Limited IPO GMP today, investors should keep an eye on leading financial news platforms and IPO tracking websites as the launch date approaches.
Hyundai Motor India: Market Position and Performance
Hyundai Motor India Limited is the second-largest car manufacturer in India, consistently holding a 15-17% market share since 2008. The company achieved record domestic sales of 602,000 units in 2023, reflecting a 9% year-on-year growth. Hyundai’s popular models, such as the Creta and Venue, have significantly contributed to its robust performance.
Table: Market Position Highlights
| Year | Domestic Sales (Units) | Market Share (%) |
|---|---|---|
| 2021 | 552,000 | 15% |
| 2022 | 570,000 | 16% |
| 2023 | 602,000 | 17% |
Subscription Details and Expected Listing Date
The specific dates for the Hyundai Motor India Limited IPO opening and closing will be announced soon, with the listing expected shortly after the subscription period. Investors can expect bidding dates, price bands, and other critical information to be published at least two working days before the launch.
Financial Performance of Hyundai Motor India Limited
Hyundai Motor India has demonstrated solid financial growth over the years. Here’s a breakdown of its financial performance:
Income Statement Highlights
| Year | Revenue (₹ Billion) | Net Income (₹ Billion) | Gross Profit (₹ Billion) |
|---|---|---|---|
| 2021 | 1,317.05 | 914.05 | 273.08 |
| 2022 | 1,455.27 | 1,076.02 | 298.48 |
| 2023 | 1,690.77 | 938.19 | 333.16 |
Balance Sheet Overview
| Year | Total Assets (₹ Billion) | Total Liabilities (₹ Billion) | Equity (₹ Billion) |
|---|---|---|---|
| 2022 | 2,397.32 | 1,496.00 | 901.32 |
| 2023 | 2,461.00 | 1,512.29 | 948.71 |
Cash Flow Summary
| Metric | 2023 (₹ Billion) |
|---|---|
| Net Cash from Operating Activities | 1,596.88 |
| Net Cash Used for Investing Activities | (651.78) |
| Net Cash Used in Financing Activities | (299.34) |
Key Ratios
- Gross Profit Margin: Approximately 19.7% in FY2023.
- Net Profit Margin: Approximately 5.5% in FY2023.
Why Investors are Excited About the Hyundai Motor India Limited IPO
The Hyundai Motor India Limited IPO not only enhances the company’s visibility in the Indian market but also positions it strategically amid growing competition from players like Maruti Suzuki and Tata Motors. With strong financials, stable market share, and a robust brand presence, Hyundai Motor India is poised to be a major draw for investors.
For those interested in the Hyundai Motor India Limited IPO, the offering presents a unique opportunity to invest in a top-tier automotive player with a proven track record in one of the world’s largest car markets. Keep an eye on the Hyundai Motor India Limited IPO GMP today updates to gauge market sentiment as the launch date nears.
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