by Hyundai India Share Price Target : Hyundai Motor India Limited was launched by Hyundai Motors of South Korea in 1996 to manufacture and sell various kinds of cars including luxury SUVs, sedans and EVs. Hyundai currently manufactures over 1,000 different car models across India such as its popular i20 hatchback; AURA EXTER VENUE; Grand i10 Nios/VERNA CRETA TUCSON/ALCAZAAR models as well as their electric SUV IONIQ model IONIQ! Hyundai currently boasts over 1,000 stores nationwide to sell its products IONIQ! Hyundai currently boasting over 1,000 stores to sell off these products!
See More : Ola electric mobility share price target 2030
Hyundai Motor IPO Details
The company recently unveiled the details for their initial public offering (IPO), including minimum investment amount, lot size requirements and share price range information.
Hyundai Moter India Ltd: Market Overview
Market capitalization stands at Rs148,881 crore with today’s opening stock price being Rs1,825.00; yesterday’s closing price had been Rs1.822.55. Today’s high-low range was between Rs1,848.00 and Rs1,825.00 during trading session; upper circuit limit for the stock is set at Rs2,004.80 with lower circuit limit being set at Rs1,640.30 – in terms of 52 weeks the highest high has been Rs1,970.00 while lowest low has been 1,752.00 while total traded value reached Rs2,898.08 lakh with total traded volume total trading volume reaching 158166 shares and volume-weighted average Price VWAP for stock is 1,835.54.
What is Hyundai Motor India Limited IPO, Date,Price?
Hyundai Motor India Limited was established on May 6, 1996 by Hyundai Motor Company of South Korea and began making and selling cars (hatchbacks, SUVs, sedans and EVs) soon thereafter. Today they operate 1,366 stores and 1550 service centres all across India as well as exporting their products overseas such as Bangladesh, Nepal Bhutan Africa Sri Lanka
Hyundai Motor IPO opens for business on October 15 and closes October 17 of that year.
| Event | Date |
|---|---|
| IPO Open Date | Tuesday, October 15, 2024 |
| IPO Close Date | Thursday, October 17, 2024 |
| Basis of Allotment | Friday, October 18, 2024 |
| Initiation of Refunds | Monday, October 21, 2024 |
| Credit of Shares to Demat | Monday, October 21, 2024 |
| Listing Date | Tuesday, October 22, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 17, 2024 |
Hyundai Motor IPO Promoter Holding
Hyundai Motor India IPO involves an equity share sale by its promoters for 14.2 crore shares to raise capital and list them on Indian stock markets – making this car company’s listing on stock exchanges the biggest since Maruti Suzuki did so back in 2003.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 7 | ₹13,720 |
| Retail (Max) | 14 | 98 | ₹192,080 |
| S-HNI (Min) | 15 | 105 | ₹205,800 |
| S-HNI (Max) | 72 | 504 | ₹987,840 |
| B-HNI (Min) | 73 | 511 | ₹1,001,560 |
Hyundai Motor IPO Reservation
Hyundai Motor India IPO shares will be allocated among different groups; minimum 35% shares for retail investors; up to 50% shares reserved for qualified institutional buyers (QIBs); at least 15% reserved for non-institutional investors and up to 778,400 shared reserved for employees at a discount of Rs 186 from issue price; allotment should take place Friday 18 October with NSE/BSE listing scheduled on 22 October 2024.
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Company Financials
On June 30, 2024, the company’s assets totaled Rs25,370.24 million with revenues totalling Rs17,567.98 million and profits after tax reaching Rs1,489.65 million. Net worth stood at Rs12,148.71 million with reserves and surplus amounting to Rs11,336.17 million; total borrowing stood at Rs758.14 million. At March 31st 2024, assets totalled Rs26.349.25 million while revenue totalled Rs71,302.33 million and profit after tax was Rs6,060.04 million. Net worth reached Rs10665.566 million while reserves and surpluses stood at 9853.112 million with total borrowing reaching 767.92 million. As of March 31st 2023, assets totalled Rs34,573.34 million while revenue stood at Rs61,436.64 million and profit after tax amounted to Rs4,709.25 million. Net worth reached Rs20.054.82 million while reserves and surplus reached 19 24 2.28 millions while total borrowing reached 1.1 158 5.6 millions. Assets at March 31st 2022 stood at Rs28,358.06 million; revenue stood at Rs47,966.05 million, with profit after tax reaching Rs2,901.59 million. Net worth stood at Rs16,856.26 million while reserves and surplus stood at 16-043.71 million and total borrowing reached 1,140.03 million.
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 25,370.24 | 26,349.25 | 34,573.34 | 28,358.06 |
| Revenue | 17,567.98 | 71,302.33 | 61,436.64 | 47,966.05 |
| Profit After Tax | 1,489.65 | 6,060.04 | 4,709.25 | 2,901.59 |
| Net Worth | 12,148.71 | 10,665.66 | 20,054.82 | 16,856.26 |
| Reserves and Surplus | 11,336.17 | 9,853.12 | 19,242.28 | 16,043.71 |
| Total Borrowing | 758.14 | 767.92 | 1,158.6 | 1,140.03 |
As per its most recent financial data, the company currently holds assets totalling Rs25,370.24 million with reserves and surplus amounting to Rs11,336.17 million and total borrowing totaling Rs758.14 million. Revenue was Rs17,567.98 million with profit after tax of Rs1,489.65 million reported during this period. Return on Capital Employed (ROCE) stood at 13.69% which indicates strong capital efficiency while return on Net Worth (RoNW) recorded 12.26% to indicate healthy profitability relative to shareholder equity; Price-to-Book Value ratio stands at 14.93 which indicates market valuation of company compared with book value.
| Metric | Value |
|---|---|
| Assets | 25,370.24 |
| Reserves and Surplus | 11,336.17 |
| Total Borrowing | 758.14 |
| Revenue | 17,567.98 |
| Profit After Tax | 1,489.65 |
| ROCE | 13.69% |
| RoNW | 12.26% |
| P/BV | 14.93 |
Objects of the Issue (Hyundai Motor IPO Objectives)
Hyundai Motor India stated its objective is to sell up to 142,194,700 shares and list them on stock exchanges. No funds from this sale (called Offer Proceeds ) will go directly to Hyundai Motor India; all Proceeds (Offer Proceeds ) from this sale (known as Promoter Selling Shareholder Proceeds ) will go exclusively to them upon payment of any related costs and taxes covered by them.
Hyundai IPO GMP
Some market experts believe Hyundai priced its IPO too high, given it is selling only shares owned by its parent company and leaves investors little chance for making any significant returns. Investors can apply for at least seven shares; the impact can be seen in the grey market(GMP), where premium for Hyundai shares has fallen dramatically to Rs 111 per share – suggesting investors might only gain about 6% after investing more. Just days prior, premium was around Rs 270 while earlier this month it reached up to 400.
Hyundai India Share Price Target 2024
Hyundai Motor’s expected expansion in 2024 can be attributed to their expanding range of electric vehicles (EVs) and strong performances across crucial regions like Europe, North America and South India. Potential investors should appreciate Hyundai Motor’s dedication to innovation and environmental responsibility – our prediction for 2024 indicates the share price may range between Rs1400-3000.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2024 | ₹1,400 | ₹3,000 |
| Month | Minimum Price | Maximum Price |
|---|---|---|
| October | ₹1,400 | ₹2,700 |
| November | ₹2,000 | ₹2,800 |
| December | ₹2,100 | ₹3,000 |
Hyundai India Share Price Target 2025
Hyundai Motor’s future appears promising as they consolidate their presence within the electric vehicle industry and expand globally. Additional improvements to autonomous driving technology, as well as introduction of new models are sure to garner increased investor trust – our estimate for their share price in 2025 ranges between Rs2100 to Rs4078.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2025 | ₹2,100 | ₹4,078 |
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | ₹2,100 | ₹3,050 |
| February | ₹2,150 | ₹3,150 |
| March | ₹2,190 | ₹3,250 |
| April | ₹2,200 | ₹3,350 |
| May | ₹2,220 | ₹3,450 |
| June | ₹2,280 | ₹3,550 |
| July | ₹2,300 | ₹3,650 |
| August | ₹2,390 | ₹3,750 |
| September | ₹2,400 | ₹3,850 |
| October | ₹2,480 | ₹3,950 |
| November | ₹2,500 | ₹4,050 |
| December | ₹2,550 | ₹4,078 |
Hyundai India Share Price Target 2026
Predictively speaking, our analysis indicates that 2024 share prices may range between Rs2550 and Rs5150.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2026 | ₹2,550 | ₹5,150 |
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | ₹2,550 | ₹4,050 |
| February | ₹2,600 | ₹4,150 |
| March | ₹2,660 | ₹4,250 |
| April | ₹2,690 | ₹4,350 |
| May | ₹2,730 | ₹4,450 |
| June | ₹2,780 | ₹4,550 |
| July | ₹2,800 | ₹4,650 |
| August | ₹2,820 | ₹4,750 |
| September | ₹2,900 | ₹4,850 |
| October | ₹2,960 | ₹4,950 |
| November | ₹3,000 | ₹5,050 |
| December | ₹3,500 | ₹5,150 |
Hyundai India Share Price Target 2030
Hyundai Motor anticipates becoming one of the leading providers of sustainable transportation solutions by 2030, including hydrogen fuel cell technology and driver assist technologies like their advanced driver assistance systems – investments they have found profitable over time, which may see their share prices slide to between Rs5000-6500 over that timeframe.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2030 | ₹5,000 | ₹6,500 |
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | ₹5,000 | ₹5,200 |
| February | ₹5,100 | ₹5,300 |
| March | ₹5,200 | ₹5,400 |
| April | ₹5,300 | ₹5,500 |
| May | ₹5,400 | ₹5,600 |
| June | ₹5,500 | ₹5,700 |
| July | ₹5,600 | ₹5,800 |
| August | ₹5,700 | ₹5,900 |
| September | ₹5,800 | ₹6,000 |
| October | ₹5,900 | ₹6,100 |
| November | ₹6,000 | ₹6,300 |
| December | ₹6,200 | ₹6,500 |
Shareholding Pattern For Hyundai Moter India Ltd
Should I buy Hyundai Motor stock?
Before investing in Hyundai Motor stock, many factors need to be carefully considered. Many individuals may be intrigued by Hyundai’s electric and autonomous vehicle strategies and its dominant car market position; yet each investment comes with both advantages and drawbacks that must be carefully taken into account.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2024 | ₹1,400 | ₹3,000 |
| 2025 | ₹2,100 | ₹4,078 |
| 2026 | ₹2,550 | ₹5,150 |
| 2030 | ₹5,000 | ₹6,500 |
| 2040 | ₹8,000 | ₹12,000 |
| 2050 | ₹15,000 | ₹25,000 |
Potential Risks For Hyundai India Share Price
Here are six potential risks which could threaten Hyundai India’s share price:
1.Hyundai India relies heavily on various raw materials like steel, aluminum and plastic in vehicle production, with fluctuating material costs leading to rising production costs that Hyundai must pass onto customers through higher prices in order to protect its profit margins and preserve shareholder value. If these expenses cannot be passed along directly in this manner, profits margins and ultimately share prices could suffer significantly as a result.
2.India Automobile Market India’s automobile market is highly competitive, featuring global and domestic companies like Maruti Suzuki, Tata Motors and Mahindra that all compete to gain market share from Hyundai. Increased competition could force Hyundai to reduce prices or increase marketing expenses to stay profitable; losing market share to competitors may impact investor trust as well as its share price.
3.Consumer Preference Changes
Consumer preferences are shifting quickly, as people become more interested in electric and eco-friendly vehicles. If Hyundai India fails to respond swiftly enough or innovate fast enough, customers could move onto more agile competitors who offer greener solutions; thereby decreasing demand for their traditional models while adversely impacting stock performance.
4.Regulation Changes
Hyundai faces various government regulations related to emissions, safety and fuel efficiency that impact its business operations. Tighter emissions laws could force Hyundai to invest heavily in research and development to meet them – increasing operational costs while pressurizing profits and thus its share price.
5.Economic Recessions
Car demand is tied directly to economic health; should an economic slowdown take place, consumer spending on big ticket items like cars may decrease significantly and Hyundai India could see its revenues decline with reduced vehicle sales leading to lower earnings and possibly even an eventual drop in share prices.
6.Hyundai, like other automobile companies, relies heavily on an intricate supply chain for parts and materials. Any disruptions such as shortages of semiconductors or delays sourcing critical components could halt production resulting in missed sales opportunities and ultimately affect financial performance and share price.
Factors Driving Hyundai India Share Price Growth
Here are six factors driving Hyundai India’s share price growth:
1. Hyundai Car Manufacturer in India Hyundai is one of the top car makers in India with an established market share and loyal customer base. Popular models, such as Creta and Venue continue to perform strongly within a highly competitive Indian automobile market environment. A strong market presence helps Hyundai maintain consistent sales levels that boost financial performance as well as positively affecting share price.
2.Hyundai India has taken proactive steps in the launch of electric vehicles (EVs) to meet growing consumer demand for eco-friendly transportation, such as Kona Electric and Ioniq 5, two models that have garnered much attention among Indian consumers. Thanks to government initiatives promoting their use, these technologies may drive future sales growth while drawing investors and pushing up share prices.
3.Hyundai is well known for incorporating cutting edge technology into its vehicles, such as connected car features, AI-based driving assistance systems, and improved safety features. By staying ahead in innovation, the company appeals to tech-savvy consumers, leading to increased sales and investor interest that positively influences its stock price.
3.Hyundai India has invested in expanding its production facilities to meet rising vehicle demand, both domestically and abroad. Increased production capacity enables Hyundai India to meet both domestic and export demands more effectively resulting in greater revenues as well as potential increases in share price.
4.Hyundai Stands to Benefit From Current Industry Trends
India’s automobile industry is experiencing an upward trend since the pandemic struck, driven by increased personal vehicle purchases. Hyundai, with a robust portfolio of cars across different segments, stands to take full advantage of this upward momentum, leading to higher investor trust and potentially lifting their stock price as a result.
5.Hyundai India maintains an extensive dealer and service network across India that allows it to build strong customer relationships while offering efficient after-sales service. A strong dealer and service network helps increase customer satisfaction and retention rates, leading to sustainable sales growth that helps the company’s share price increase as investors recognize its value as a reliable distribution channel.
