The company is a subsidiary of the Hyundai Motor Group, established in India in 1998. The company focuses on manufacturing and selling a diverse portfolio of four-wheeler passenger vehicles that prioritize reliability, safety, and technological innovation. Its offerings include 13 models spanning various segments such as sedans, hatchbacks, sports utility vehicles (SUVs), and battery electric vehicles (EVs). In addition to passenger vehicles, the company also manufactures key components like transmissions and engines for internal use and external sales. With a robust export strategy, it has been recognized as India’s second largest exporter of passenger vehicles from April 2021 to June 2024. The company operates through a well-established network of 1,377 sales outlets and 1,561 service centers across India, ensuring extensive customer reach and support.
Hyundai motors India is a major player in domestic passenger vehicles segment. It operates in a highly competitive environment with Tata Kiya Maruti Suzuki and Mahindra and Mahindra in competition. Kia corporation is in Honda motors India depends on its parent company Hyundai for research and any spare parts requirements additionally Hyundai piece a three and a half percent royalty to Hyundai parent company
One Red flag is that the cash reserves have depleted if you look carefully reserves have fallen from 19000 crore to 9800 crores this is basically because 15000 crores was paid as a dividend to the parent company this is one really negative Red flag.
My view would be that the company is not good for listing games you can wait for the company to list and then buy the company at a lower price from a long term investment perspective this is a very good company but you should not invest in IPO you should wait for the price to come below after listing
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