Fees from handling equity share sales hit Rs 3K cr in 2024
Hyundai Motor India IPO review: Valuation, GMP, brokerages views - Here's all you need to know before investing in the mega offering
Our emphasis is on careful stock selection within sectors, rather than making significant overweight or underweight sector bets, Bhatia said
The firm will be valued at Rs 1.59 trillion at the top-end of the price band of Rs 1,865-Rs 1,960
Hyundai Motor India IPO: Size, price band, lot size, key dates, GMP, objectives, and more - Everything you need to know about India's largest initial public offering
The Hyundai Motor India IPO will mark the first time in two decades that a carmaker has gone public in India, following Maruti Suzuki's listing in 2003
Reportedly, Hyundai is unlikely to make any changes under the hood, meaning the refreshed Alcazar retains its 1.5-litre turbo-petrol and 1.5-litre diesel engine options
The SUV rollout will begin with its first India-made electric vehicle early next year
Back home, out of the last seven big IPOs to hit the Dalal Street (D-Street) since 2007, the Sensex has lost ground five times post the stocks of these companies debuted at the exchanges
If successful, this IPO will mark Hyundai Motor Co.'s first listing outside of South Korea
Hyundai Motor India is recalling 1,744 units of its electric model Ioniq 5, due to an issue with the integrated charging control unit, as per the information available with industry body SIAM. The company is recalling the units manufactured between July 21, 2022 and April 30, 2024 to fix the part, data on the SIAM website said. The company is recalling the units due to "potential issue in integrated charging control unit which may discharge 12V battery", it stated. When contacted, a Hyundai company spokesperson said: "At Hyundai Motor India, customer safety is our top priority. The Ioniq 5 recall is a proactive step to inspect and upgrade the Integrated Charging Control Unit (ICCU) in the affected vehicles at no cost to the customers." The company's dedicated teams will be in touch with vehicle owners and guide them through the recall process, the spokesperson said. Price of Ioniq 5 starts at Rs 46.05 lakh (ex-showroom).
Hyundai Motor India on Wednesday said its wholesales rose by 9.5 per cent year-on-year to 63,701 units in April. The automaker had dispatched 58,201 units in the same month last year. Domestic wholesales saw an increase of 1 per cent to 50,201 units last month from 49,701 units in the year-ago period. Exports rose by 59 per cent to 13,500 units in April this year as against 8,500 units in April 2023. In April, the company achieved a fourth consecutive month of 50,000-plus domestic sales this year, Hyundai Motor India COO Tarun Garg said. Driven by models like Creta, Venue and Exter, SUVs continued to be a growth driver contributing 67 per cent of automaker's domestic sales, he added.
The turbo petrol will be reserved for the N Line variant of the Hyundai i20 which will be launched at a later date
Hyundai has launched its micro SUV Exter which is a rival to Tata's Punch. So far, the Exter has been received very well with waiting periods for some variants going up to one year
The Exter comes with many segment-first features which include a voice-enabled sunroof, dashcam, and six airbags across all the variants
Hyundai is set to launch its most affordable micro SUV, Exter today at 12 pm. The micro SUV is expected to be priced between Rs 6 to 10 lakhs
The proposed investments of Rs 15,000 crore to Rs 20,000 crore would be spread over the next seven to 10 years, sources said
Hyundai Motor Group said on Tuesday it will invest 24 trillion won ($18.2 billion) in its domestic electric vehicle (EV) production facilities and other EV projects by 2030
A new-gen Hyundai Verna 2023 launches in India and the price of the latest Hyundai Verna starts from 10.90 lakhs. Check full details
The compact SUV comes with various exterior and interior changes to give it a sporty styling, inspired by motorsport.