Hyundai gears up for India's biggest IPO ever❗
Files DRHP with SEBI for an IPO worth around ₹25,000 crores.
Should you invest? Let's explore the details! 👇
This IPO could be India's largest ever, surpassing LIC's ₹21,000 crore IPO in 2022.
Parent company Hyundai will sell 17.5% of the company shares with the IPO.
This will be the first car manufacturer IPO in India since Maruti Suzuki in 2003.
Hyundai Motor India, the country's second-largest car manufacturer, aims for a $30 billion valuation.
It follows closely behind Maruti Suzuki, valued at $43 billion.
Hyundai boasts a diverse portfolio with 13 passenger vehicle models across various powertrains.
India is Hyundai's 3rd largest market
It is supported by a vast network of 1,366 sales outlets and 1,550 service centers in 1,031 cities.
The company has a production capacity of 8.2 lakh units at its Chennai plant.
It is expected to reach 9.94 lakh units per annum by FY 2026 with the Talegaon plant.
This expansion underscores Hyundai’s growth ambitions in India.
Financially, Hyundai India ended FY23 with revenue of ₹60,307.58 crore and profits of ₹4,709.25 crore.
Highest amongst non-listed car manufacturers in the country.
Hyundai's main competitor, Maruti Suzuki, has seen its share price rise by 24.35% in the last 6 months and 33.74% in the last year. 📈
Hyundai's IPO will boost its visibility and brand, drawing significant investor interest.
This will heighten competition with Maruti Suzuki, reshaping India's automotive market.
Will Hyundai's strong market presence and financials attract investors❓
Comment your thoughts! 💬
Files DRHP with SEBI for an IPO worth around ₹25,000 crores.
Should you invest? Let's explore the details! 👇
This IPO could be India's largest ever, surpassing LIC's ₹21,000 crore IPO in 2022.
Parent company Hyundai will sell 17.5% of the company shares with the IPO.
This will be the first car manufacturer IPO in India since Maruti Suzuki in 2003.
Hyundai Motor India, the country's second-largest car manufacturer, aims for a $30 billion valuation.
It follows closely behind Maruti Suzuki, valued at $43 billion.
Hyundai boasts a diverse portfolio with 13 passenger vehicle models across various powertrains.
India is Hyundai's 3rd largest market
It is supported by a vast network of 1,366 sales outlets and 1,550 service centers in 1,031 cities.
The company has a production capacity of 8.2 lakh units at its Chennai plant.
It is expected to reach 9.94 lakh units per annum by FY 2026 with the Talegaon plant.
This expansion underscores Hyundai’s growth ambitions in India.
Financially, Hyundai India ended FY23 with revenue of ₹60,307.58 crore and profits of ₹4,709.25 crore.
Highest amongst non-listed car manufacturers in the country.
Hyundai's main competitor, Maruti Suzuki, has seen its share price rise by 24.35% in the last 6 months and 33.74% in the last year. 📈
Hyundai's IPO will boost its visibility and brand, drawing significant investor interest.
This will heighten competition with Maruti Suzuki, reshaping India's automotive market.
Will Hyundai's strong market presence and financials attract investors❓
Comment your thoughts! 💬