Hyundai Motors India’s Record-Breaking IPO

Hyundai Motors India is set to launch the largest IPO in India’s history, aiming to raise $3 billion (₹25,000 crore).

Offer-for-Sale (OFS): Hyundai Motor Company will sell shares through the IPO. – Objective: No new share issuance—goal is to boost liquidity and brand visibility in the Indian market.

Structure of the IPO

Growth Focus: The funds will help Hyundai expand in India’s SUV and electric vehicle market. Market Share: Hyundai is the 2nd largest carmaker in India with a stable 15-17% market share.

Hyundai’s Market Strategy

Major Players in the IPO

– Lead Managers: Citi, HSBC, JP Morgan, Kotak Mahindra, and Morgan Stanley. – Legal Advisors: Shardul Amarchand Mangaldas and Cyril Amarchand Mangaldas.

Market Impact & Expectations

Strategic Move: Hyundai’s IPO is a step to compete with rivals like Tata Motors and Maruti Suzuki.

Electric Future: A locally produced EV is set to launch next year, enhancing Hyundai’s EV portfolio.