Hyundai Motor Share Price Target 2024, 2025, 2030, 2040, 2050
The stock market is very excited about the automotive industry giant, the Hyundai Motor Company. The stock price of Hyundai Motor is a topic of much interest among investors and analysts who are keeping a careful eye on the company’s progress. For those interested in trading or investing in the stock for the near or far future, this research covers all the bases, including the possible share price goals for 2024, 2025, 2030, 2040, and 2050.
Hyundai Motor India Limited was started in 1996 by the Hyundai Motors company from South Korea. The company makes and sells various types of cars, including luxury SUVs, sedans, EVs, and more. Namely, it makes a variety of cars, including the i20, AURA, EXTER, VENUE, the Grand i10 NIOS, VERNA, CRETA, TUCSON, ALCAZAR, and the electric SUV IONIQ. The company has more than 1,000 stores across India to sell its products.
It is essential to grasp the basics of what is driving Hyundai Motor’s success before delving into the forecasts:
Hyundai Motor IPO Details
Contents
- 1 Hyundai Motor IPO Details
- 2 What is Hyundai Motor India Limited IPO, Date, Price?
- 3 Hyundai Motor IPO Promoter Holding
- 4 Hyundai Motor IPO Reservation
- 5 Company Financials
- 6 Objects of the Issue (Hyundai Motor IPO Objectives)
- 7 Hyundai IPO GMP
- 8 Hyundai Motor Share Price Target Tomorrow
- 9 Hyundai Motor Share Price Target 2024
- 10 Hyundai Motor Share Price Target 2025
- 11 Share Price Target 2030
- 12 Share Price Target 2040
- 13 Share Price Target 2050
- 14 Should I buy Hyundai Motor stock?
- 15 Hyundai Motor India Limited Earning Results
- 16 Expert Forecasts on the Future of Hyundai Motor India Limited
- 17 Is Hyundai Motor stock good to buy? (Bull Case & Bear Case)
- 18 Hyundai Motor India Limited Contact Details
- 19 Hyundai Motor IPO Lead Manager(s)
- 20 Conclusion
- 21 FAQs
The company has announced its IPO date. It has also revealed the IPO’s minimum investment, lot size, share price range, and more.
| IPO Date | October 15, 2024 to October 17, 2024 |
| Listing Date | 22nd October 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹1865 to ₹1960 per share |
| Lot Size | 7 Shares |
| Total Issue Size | 142,194,700 shares (aggregating up to ₹27,870.16 Cr) |
| Offer for Sale | 142,194,700 shares of ₹10 (aggregating up to ₹27,870.16 Cr) |
| Employee Discount | Rs 186 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 812,541,100 |
| Share holding post issue | 812,541,100 |
What is Hyundai Motor India Limited IPO, Date, Price?
Hyundai Motor India Limited was established on May 6, 1996, by the Hyundai Motor Company from South Korea. It makes and sells cars, including hatchbacks, SUVs, sedans, and electric vehicles (EVs). It has 1,366 stores and 1,550 service centres all over India. It exports its products to countries like Bangladesh, Nepal, Bhutan, Africa, and Sri Lanka.
Hyundai Motor IPO opens on October 15, 2024, and closes on October 17, 2024.
| IPO Open Date | Tuesday, October 15, 2024 |
| IPO Close Date | Thursday, October 17, 2024 |
| Basis of Allotment | Friday, October 18, 2024 |
| Initiation of Refunds | Monday, October 21, 2024 |
| Credit of Shares to Demat | Monday, October 21, 2024 |
| Listing Date | Tuesday, October 22, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 17, 2024 |
Hyundai Motor IPO Promoter Holding
The Hyundai Motor India IPO is completely a sale of 14.2 crore equity shares by the company’s promoters. The main goal is to get the shares listed on the Indian stock markets, making it the largest listing for a car company in India since Maruti Suzuki in 2003.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 7 | ₹13,720 |
| Retail (Max) | 14 | 98 | ₹192,080 |
| S-HNI (Min) | 15 | 105 | ₹205,800 |
| S-HNI (Max) | 72 | 504 | ₹987,840 |
| B-HNI (Min) | 73 | 511 | ₹1,001,560 |
Hyundai Motor IPO Reservation
The Hyundai Motor India IPO has set some shares for different groups like at least 35% for regular retail investors and up to 50% for qualified institutional buyers at least 15% for non-institutional investors. The issue includes a reservation of up to 778,400 shares for employees offered at a discount of Rs 186 to the issue price. The share allotment will be announced on Friday, October 18 and is expected to be listed on NSE and BSE on 22 October 2024.
| Investor Category | Shares Offered |
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Company Financials
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 25,370.24 | 26,349.25 | 34,573.34 | 28,358.06 |
| Revenue | 17,567.98 | 71,302.33 | 61,436.64 | 47,966.05 |
| Profit After Tax | 1,489.65 | 6,060.04 | 4,709.25 | 2,901.59 |
| Net Worth | 12,148.71 | 10,665.66 | 20,054.82 | 16,856.26 |
| Reserves and Surplus | 11,336.17 | 9,853.12 | 19,242.28 | 16,043.71 |
| Total Borrowing | 758.14 | 767.92 | 1,158.6 | 1,140.03 |
| Assets | 25,370.24 |
| Reserves and Surplus | 11,336.17 |
| Total Borrowing | 758.14 |
| Revenue | 17,567.98 |
| Profit After Tax | 1,489.65 |
| ROCE | 13.69% |
| RoNW | 12.26% |
| P/BV | 14.93 |
Objects of the Issue (Hyundai Motor IPO Objectives)
The company said its goals are to sell up to 142,194,700 shares and to list these shares on the stock exchanges. Hyundai Motor India won’t get any money from this sale. The money from the sale (called the “Offer Proceeds”) will go entirely to the Promoter Selling Shareholder, after paying any related costs and taxes, which the Promoter Selling Shareholder will cover.
Hyundai IPO GMP
Some market experts believe the company priced its IPO too high since it’s only selling shares owned by its parent company, leaving little chance for investors to make a profit. Investors can apply for at least seven shares and in multiples of that. The impact of these high prices can be seen in the grey market(GMP), where the premium for Hyundai shares has dropped sharply to Rs 111 per share. This means investors might only see a small gain of about 6%. Just a few days ago, the premium was Rs 270, and earlier this month, it was around Rs 400.
| Price Target Tomorrow | Minimum | Maximum |
| Hyundai Motor | – ₹450 | +₹900 |
in 2024 Hyundai Motor is expected to grow substantially thanks to its growing range of electric vehicles (EVs) and impressive showings in essential regions like Europe and North America, South India. Potential backers should be pleased with the firm’s commitment to innovation and environmental responsibility. Our prediction for 2024 is that the share price will range from ₹1400 to ₹3000.
| Year | Minimum Price | Maximum Price |
| 2024 | ₹1400 | ₹3000 |
| Month | Minimum Price | Maximum Price |
| October | ₹1400 | ₹2700 |
| November | ₹2000 | ₹2800 |
| December | ₹2100 | ₹3000 |
The year 2025 seems hopeful for Hyundai Motor as the business further solidifies its position in the electric vehicle industry and develops its worldwide reach. Additional improvements in autonomous driving technology and the introduction of new models are likely to increase investor trust. Our estimate for the share price in 2025 ranges from ₹2300 to ₹4078.
| Year | Minimum Price | Maximum Price |
| 2025 | ₹2300 | ₹4078 |
| Month | Minimum Price | Maximum Price |
| January | 2300 | 3050 |
| February | 2400 | 3150 |
| March | 2500 | 3250 |
| April | 2600 | 3350 |
| May | 2700 | 3450 |
| June | 2800 | 3550 |
| July | 2900 | 3650 |
| August | 3000 | 3750 |
| September | 3100 | 3850 |
| October | 3200 | 3950 |
| November | 3300 | 4050 |
| December | 3400 | 4078 |
By 2030, Hyundai Motor will have established itself as a leader in environmentally friendly transportation solutions. Hydrogen fuel cell technology and sophisticated driver-assistance systems are two areas in which the corporation has invested, and both are pretty profitable. From ₹5000 to ₹6500, we expect the share price to fall.
| Year | Minimum Price | Maximum Price |
| 2030 | 5000 | 6500 |
| Month | Minimum Price | Maximum Price |
| January | 5000 | 5200 |
| February | 5100 | 5300 |
| March | 5200 | 5400 |
| April | 5300 | 5500 |
| May | 5400 | 5600 |
| June | 5500 | 5700 |
| July | 5600 | 5800 |
| August | 5700 | 5900 |
| September | 5800 | 6000 |
| October | 5900 | 6100 |
| November | 6000 | 6300 |
| December | 6200 | 6500 |
Regarding mobility innovation, Hyundai Motor is expected to lead the pack in the years leading up to 2040. Lucrative new business avenues may emerge from the corporation’s far-sighted plans in sectors like robots and urban air transportation. The estimated range for the share price is ₹8000 to ₹12000.
| Year | Minimum Price | Maximum Price |
| 2040 | 8000 | 12000 |
| Month | Minimum Price | Maximum Price |
| January | 8000 | 8500 |
| February | 8200 | 8700 |
| March | 8400 | 8900 |
| April | 8600 | 9100 |
| May | 8800 | 9300 |
| June | 9000 | 9500 |
| July | 9200 | 9700 |
| August | 9400 | 9900 |
| September | 9600 | 10100 |
| October | 9800 | 10500 |
| November | 10000 | 11000 |
| December | 11000 | 12000 |
By 2050, Hyundai Motor Company may have undergone a radical transformation, becoming a market leader in fields yet in its infancy. Company value might skyrocket if sustainability and technological innovation are prioritized in the long run. According to our forecasts, the share price is expected to range from ₹15000 to ₹25000 in 2050.
| Year | Minimum Price | Maximum Price |
| 2050 | 15000 | 25000 |
| Month | Minimum Price | Maximum Price |
| January | 15000 | 16000 |
| February | 15500 | 16500 |
| March | 16000 | 17000 |
| April | 16500 | 17500 |
| May | 17000 | 18000 |
| June | 17500 | 18500 |
| July | 18000 | 19000 |
| August | 18500 | 19500 |
| September | 19000 | 20000 |
| October | 19500 | 21000 |
| November | 20000 | 23000 |
| December | 22000 | 25000 |
Should I buy Hyundai Motor stock?
| Year | Minimum Price | Maximum Price |
| 2024 | 1400 | 3000 |
| 2025 | 2300 | 4078 |
| 2030 | 5000 | 6500 |
| 2040 | 8000 | 12000 |
| 2050 | 15000 | 25000 |
There are many things to consider before investing in Hyundai Motor stock. Many people are interested in investing in the firm because of its electric and autonomous vehicle strategies and dominant car market position. Nonetheless, there are benefits and drawbacks to consider, just like with any investment.
Hyundai Motor India Limited Earning Results
In terms of profitability, Hyundai Motor India Limited has been killing it as of late. Their most recent quarterly report is summarized here:
| Metric | Value (KRW B) | YoY Growth (%) |
| Revenue | 3,466 | 15.2 |
| Net Profit | 246.67 | 18.7 |
| EBITDA | 426.67 | 16.5 |
| EPS (KRW) | 8,333.33 | 18.7 |
Expert Forecasts on the Future of Hyundai Motor India Limited
- Maintaining first place in the Indian car market
- To meet the increasing demand, our electric car lineup is being expanded.
- Support for domestic research and development to create models tailored to the Indian market
- Boosting export activities from major industrial centers in India
- Have a shot at a higher market value after the IPO
Is Hyundai Motor stock good to buy? (Bull Case & Bear Case)
Bull Case:
- Solid footing in the rapidly expanding electric car industry
- Groundbreaking innovations in linked vehicles and autonomous driving
- Consistent dividend payments and solid financial performance
- Increasing visibility in developing countries
- Dedicated to promoting sustainability in line with current worldwide trends
Bear Case:
- The car industry is quite competitive.
- Potential impact of economic downturns on consumer spending
- Regulatory hurdles in different industries
- Fragile supply chains and unpredictable raw material prices
- Technological breakthroughs need substantial capital expenditures.
Hyundai Motor India Limited Contact Details
Hyundai Motor India Limited
Plot No. H-1, SIPCOT Industrial Park
Irrungattukottai, Sriperumbudur Taluk
Kancheepuram District-602105
Email: complianceofficer@hmil.net
Website: https://www.hyundai.com/in/en
Phone: +91 446710 5135
Hyundai Motor IPO Registrar
Kfin Technologies Limited
Email: hmil.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Phone: 04067162222, 04079611000
Hyundai Motor IPO Lead Manager(s)
- Citigroup Global Markets India Private Limited (Past IPO Performance)
- J.P. Morgan India Private Limited (Past IPO Performance)
- Kotak Mahindra Capital Company Limited (Past IPO Performance)
- Morgan Stanley India Company Pvt Ltd (Past IPO Performance)
- HSBC Securities & Capital Markets Pvt Ltd (Past IPO Performance)
Conclusion
The company came to India in 1996 and till now it has 1000 plus stores in India as also exports the product form here. The company had much brand value in the market. So in this article, we have given you all the details of the company and its IPO. So just go read it, you can get much clarity if you are interested in its IPO.
