Hyundai Motor India IPO: Hyundai Motor India is going to launch its first public offering (IPO) on October 15. Through this IPO, the company wants to raise Rs 27,870 crore, which will be India's largest IPO. Investors will be able to participate in it from October 15 to 17, and its price band has been kept at Rs 1,865 to Rs 1,960 per share. This opportunity can be attractive for investors.

Prior record

Earlier, in 2022, the IPO of Life Insurance Corporation of India (LIC) was worth Rs 21,000 crore. It was the biggest IPO to date. Hyundai's IPO will be open from 15 to 17 October. Its price band is Rs 1,865 to Rs 1,960 per share.

Lots and offers for sale

There will be seven shares in one lot. This entire IPO is an Offer for Sale (OFS). This means that the money raised will go to the existing investors or promoters of the company.

Company Introduction

Hyundai Motor India is the second largest car company in the country after Maruti Suzuki. Its market share was 24% in June 2024. In the last financial year, the company sold 7.77 lakh vehicles. Of these, 21% of the vehicles were exported to countries like Africa, the Middle East, Europe, and Latin America.

Sales and Service Outlets

The company has 1,377 sales outlets and 1,561 service outlets in India. This makes it easier for customers to get service and also increases sales.

financial performance

Hyundai's income in the financial year 2023-24 was Rs 69,829 crore. During this period, the company made a profit of Rs 6,060 crore. Its margin was 13.1%.

quarterly report

In the first quarter of the financial year 2024-25, the company earned an income of Rs 17,344 crore. During this period, the company made a profit of Rs 1,489 crore. Its margin was 13.5%.

Opportunities for investors

Through this IPO, Hyundai Motor India is giving a good opportunity to investors. This will strengthen the position of the company and increase its performance in the market.

It is worth noting that Hyundai Motor India's IPO is an important event for the Indian market. Investors are expected to benefit from this. Also, it will add a new chapter to the company's growth journey.