Hyundai Motor India, a leading automaker, is gearing up for its IPO. Here are 10 things you need to know about the company and its public issue.
History in the making
With an issue size of ₹27,856 crore, the Hyundai Motor IPO is set to be the largest IPO in India, surpassing the ₹21,000 crore IPO of Life Insurance Corporation of India in 2022.
Ownership structure
The IPO is entirely an offer for sale by the South Korean parent, Hyundai Motor Company. After the IPO, it will own 82.5% stake in Hyundai Motor India.
Market leadership
Hyundai Motor India holds a 14.9% market share in the Indian automobile sector, making it the second-largest carmaker in the country.
Record sales
In 2024, Hyundai Motor India sold 6.14 lakh units in FY24 with a year-on-year growth of 8.3%.
EV expansion
Hyundai plans to boost its electric vehicle offerings, with the Kona EV leading the charge in the Indian market, as part of a $500 million investment in green technology.
Strong financials
Hyundai Motor India reported a profit after tax of ₹1,489.6 crore in Q1 FY25, showcasing the company’s steady growth.
Risk factors
Raw material price volatility and the intensely competitive Indian auto market pose potential risks to Hyundai’s profitability.
Dealer network
Hyundai boasts of a robust dealer network with over 1,550 outlets across India, ensuring widespread reach and customer service excellence.
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