#NSE0108 –Hyundai Cars: Sedan, SUV, Hatchback, EV | Hyundai Motor India
Hyundai Motor Company Files for IPO
Hyundai Motor Company, a leading automotive manufacturer, has officially filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its proposed Initial Public Offering (IPO). The company plans to sell 142 million shares, which constitutes 17.5% of the company’s total equity, through an offer for sale.
Key Highlights:
- Market Position: Hyundai has maintained its position as India’s second-largest Original Equipment Manufacturer (OEM) since FY2009.
- Product Portfolio: The company offers a diverse range of 13 passenger vehicle models, catering to various powertrains.
- Sales and Service Network:
- Sales Outlets: 1,366 across 1,031 cities.
- Service Centres: 1,550, ensuring comprehensive after-sales support.
This IPO marks a significant step for Hyundai Motor Company in expanding its footprint and engaging with the Indian market more deeply. Investors and market watchers will be keenly observing the developments and the response to this offering.
Disclaimer-
It’s important to note that discussions like are for informational purposes only and should not be taken as specific We are not SEBI registered investment advisor. Whether analyzing a company’s financial health, examining market trends, or discussing technical chart patterns, the goal is to provide insights and perspectives that can help you make more informed decisions according to your own research and investment strategy. Always consider consulting with a financial advisor or conducting thorough personal research before making any investment decisions.