Hyundai Motor India Limited

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About the Company

The Hyundai IPO could be the largest in Indian history! Hyundai Motor India, a subsidiary of the Korea-based Hyundai Group, was established in 1996. The company specializes in manufacturing and selling a wide range of four-wheeler passenger vehicles, including sedans, hatchbacks, SUVs, and electric vehicles (EVs). Additionally, Hyundai produces key automotive parts such as transmissions and engines. Currently, Hyundai’s lineup includes 13 models, ranging from sedans and hatchbacks to SUVs. In FY 2024, Hyundai captured approximately 15% of the domestic car market, securing the second position behind Maruti Suzuki. As of December 31, 2023, Hyundai Motor India boasted 1,366 sales outlets and 1,550 service centres across various cities and towns in India. This marked a significant expansion from March 31, 2021, when the company operated 1,167 sales outlets and 1,307 service centres. The Daily Brief by Zerodha covers how Hyundai wants to ride the Bull Run in this video.