Hyundai Motors India Prepares for Massive IPO with Estimated Size of ₹20,000-₹25,000 Crores

Hyundai Motors India is recently gearing up for one of the largest initial public offerings (IPO). The company is expected to file its red herring prospectus (RHP) next month.

With an estimated issue size of ₹20,000-₹25,000 crores, this IPO could be one of the biggest in India’s automotive sector. Investors are eagerly anticipating details, especially with a retail allotment chance of around 40-50%.

Hyundai Motors IPO Expected Size and Timeline

• RHP Filing: Likely to be submitted next month
• Estimated Issue Size: ₹20,000-₹25,000 crores
• Retail Allotment Chance: 40-50%

This IPO is expected to bring significant liquidity to the market, comparable to 30-35 average mainboard IPOs combined.

Hyundai Motors India Financial Performance Overview

Revenue Growth (FY 2021 to FY 2024)

• FY 2021: ₹41,404 crore
• FY 2022: ₹47,966 crore
• FY 2023: ₹61,436 crore
• H1 FY 2024 (Q3): ₹53,298 crore 🚀

Hyundai Motors India has shown consistent growth in revenue over the years, with a sharp rise in FY 2023 and continued momentum in FY 2024.

Profit After Tax (PAT)

• FY 2021: ₹1,881 crore
• FY 2022: ₹2,904 crore
• FY 2023: ₹4,692 crore
• H1 FY 2024 (Q3): ₹4,376 crore 🚀

The company’s profitability has also witnessed significant growth, with PAT almost doubling between FY 2022 and FY 2023, and strong performance in FY 2024 so far.

Potential Market Impact

The Hyundai Motors India IPO is expected to soak in considerable liquidity due to its massive size. Its arrival is anticipated to have a large impact on the market, comparable to multiple mainboard IPOs combined.

The Hyundai Motors India IPO is set to be one of the most anticipated public offerings, drawing significant attention from institutional and retail investors alike. With its strong financial performance and the sheer size of the offering, this IPO is expected to play a key role in India’s automotive market and the broader stock market landscape.

Tags: Hyundai Motors India IPO, Hyundai IPO, Hyundai Motors financials, IPO allotment chances, Indian IPO 2024, automotive IPO India