Hyundai IPO Details

 

IPO Date: 15th October, 2024 to 17th October, 2024

Face Value: ₹10 per share

Price Band: ₹1865 to ₹1960 per share

Lot Size: 7 shares

Total Issue Size: 142,194,700 shares

Listing: 22nd October, 2024 

 

The minimum amount for retail investors to invest in the Hyundai IPO is ₹13,720.

About Hyundai Motor

 

Hyundai Motor India Limited is a subsidiary of Hyundai Motor Company, a global automotive powerhouse. Mr. Unsoo Kim, the current managing director of Hyundai Motor India Limited, has been a valuable member of the Hyundai Motor Company family since 1991. His extensive experience and leadership have been crucial to the company’s success. 

 

The company is committed to sustainable and eco-friendly manufacturing practices, offering mobility solutions that are not only advanced but also environmentally responsible. With a focus on innovation and customer satisfaction, Hyundai is driving progress in the Indian automotive market. It designs and produces top-notch passenger cars that are known for their reliability, advanced features, and innovative technology. In addition to complete vehicles, the company also manufactures essential components like transmissions and engines.

 

Hyundai Motors: Strong Network & Product Range in India

 

HMIL(Hyundai Motor India Limited) has a vast network of 1,366 dealerships and 1,550 service centers spread across India. It offers a wide range of passenger cars, from Sedans and hatchbacks to SUVs and EVs (electric vehicles). Their diverse range of cars includes options for various customer preferences, including Grand i10 NIOS, i20, i20 N Line, AURA, EXTER, VENUE N Line, VERNA, CRETA, CRETA N Line, ALCAZAR, TUCSON and all-electric SUV IONIQ 5. 

 

As of March 31, 2024, the company has successfully sold over 12 million passenger vehicles both domestically and internationally. In addition, HMIL is a key part of HMC’s global export network, reaching countries in Africa, the Middle East, and regions like Bangladesh, Nepal, Bhutan, and Sri Lanka. 

 

Noteworthy facts about Hyundai Motor

 

1. The Hyundai logo represents two people shaking hands within an oval, symbolizing the company’s global presence and commitment to customer satisfaction.
2. Hyundai Motor is a leading global automaker with a large production plant in Ulsan.
3. Hyundai has been prominently featured in popular media like “The Walking Dead” and “Daredevil”, showcasing its ability to be used in many different ways and be liked by many people. 
4. The company was the first to make a hydrogen car, the ix35 Fuel Cell. It was a big step for the company and showed its commitment to innovation. 
5. Hyundai Motors has invested more than half a billion euros in Europe, building manufacturing plants and R&D centers. This has created jobs for more than 129,000 people.

 

Conclusion

 

Don’t miss this opportunity to invest in a company that has transformed the Indian automotive landscape. Hyundai Motor’s IPO is a chance to be a part of a future driven by innovation, sustainability, and customer satisfaction. Get ready to drive progress with HMIL.