Hyundai Motor India Ltd. (HMIL) is a household name in India, known for cars like the Creta, i20, Verna, and Venue. It is the second-largest automobile manufacturer in India after Maruti Suzuki and has played a major role in shaping the country’s automotive market over the last two decades.
However, when it comes to stock market investment, many retail investors often ask, “What is Hyundai India’s share price?” The answer is a bit more nuanced. Hyundai India is not directly listed on Indian stock exchanges like the NSE or BSE. Instead, it is a wholly-owned subsidiary of Hyundai Motor Company, South Korea.
This blog will explain how investors can gain exposure to Hyundai’s business, what influences Hyundai India’s valuation, and what the company’s future holds — especially with IPO speculations, EV expansion, and its dominance in the SUV segment.
The Hyundai India Story
Hyundai began its Indian operations in 1996, establishing its manufacturing plant in Sriperumbudur, Tamil Nadu. Since then, it has grown from launching the iconic Santro to becoming a major player in the compact SUV market.
As of 2025:
- Hyundai has a ~15% market share in India’s passenger vehicle segment.
- It exports cars to over 80 countries from India.
- Hyundai India’s flagship SUV, the Creta, is consistently one of the top-selling vehicles.
- The company is a front-runner in EV localization, planning significant investment to set up battery assembly and charging infrastructure.
Despite its massive presence and profitability in India, Hyundai Motor India is not listed independently. This means investors cannot directly buy shares of Hyundai India on Indian stock exchanges.
Is Hyundai India Listed in the Stock Market?
No. Hyundai Motor India Ltd. is not a publicly listed company in India. It is a subsidiary of Hyundai Motor Company, a South Korean automotive giant that is publicly traded on the Korea Exchange (KRX) under the ticker 005380.KQ.
However, there have been speculations and media reports suggesting Hyundai may eventually list its Indian subsidiary via an IPO (Initial Public Offering). If this happens, it could be one of the largest IPOs in India’s automotive history, given Hyundai India’s size and profitability.
How Can You Invest in Hyundai India?
Though you cannot directly buy Hyundai India shares in the Indian market, there are indirect ways to gain exposure:
- Investing in Hyundai Motor Company (South Korea):
You can invest in the parent company, Hyundai Motor Co., which is listed on the Korea Exchange. This gives you exposure to all of Hyundai’s global operations, including India. You’ll need:- A global trading account with a broker offering access to KRX.
- Compliance with Liberalized Remittance Scheme (LRS) rules by RBI.
- Through International Mutual Funds or ETFs:
Some Indian mutual funds or international ETFs (Exchange Traded Funds) offer exposure to South Korean equities or global auto majors, including Hyundai. - Wait for the Hyundai India IPO:
As per reports, Hyundai is exploring an India IPO, and if this materializes, Indian investors will be able to buy shares of Hyundai India directly on BSE/NSE.
Hyundai India’s Financial Performance
Even though Hyundai India is not listed, its financial performance is disclosed through regulatory filings and media reports. Here are some key highlights from recent years:
- Revenue (FY2023–24): Estimated over ₹60,000 crore
- Profit after Tax: Approximately ₹4,000–₹5,000 crore
- Export Revenue Share: Around 25–30%
- Market Share: 15%+ in Indian passenger vehicle market
Hyundai India operates on solid fundamentals — high operating margins, a strong dealer network, and a wide product portfolio ranging from hatchbacks to premium SUVs.
Factors That Affect Hyundai India’s Valuation
If Hyundai India were to be listed, several factors would influence its share price:
- Vehicle Sales Volume:
Monthly sales data, especially of models like Creta, i20, and Venue, will drive investor sentiment. - EV Expansion:
Hyundai has launched the Ioniq 5 and Kona Electric in India and plans to localize EV production. This move aligns with India’s push for electric mobility and could significantly impact Hyundai’s long-term valuation. - Export Performance:
Hyundai India is a major export hub for global markets. Growth in international demand boosts revenues and profits. - Raw Material and Fuel Prices:
Fluctuations in commodity prices, fuel costs, and chip shortages may impact margins. - Policy and Regulation:
Policies related to emissions, subsidies for EVs, and safety standards (like Bharat NCAP) affect operating costs and product development.
Is Hyundai India IPO Coming Soon?
As per market buzz and credible financial reports, Hyundai Motor Company is considering listing its Indian arm to unlock value and raise capital. The expected valuation could range between $15–$18 billion, potentially making it one of the top 10 IPOs in India.
However, there is no official confirmation or filing yet. If and when the IPO is announced, it is likely to generate strong demand, especially from institutional investors and retail car buyers familiar with the brand.
Competitor Stock Comparison
To understand where Hyundai India would stand in terms of valuation, let’s compare it with its key competitors in the Indian stock market:
| Company | Market Cap (Approx) | Revenue (FY24) | Listed |
|---|---|---|---|
| Maruti Suzuki | ₹4.2 Lakh Cr | ₹1.3 Lakh Cr | Yes |
| Tata Motors | ₹3.5 Lakh Cr | ₹4.0 Lakh Cr | Yes |
| Mahindra & Mahindra | ₹3.0 Lakh Cr | ₹1.4 Lakh Cr | Yes |
| Hyundai India | NA (Speculated ₹1.2–1.5 Lakh Cr) | ₹60,000 Cr | No |
Given these numbers, Hyundai India, if listed, would likely be among the top 5 auto stocks in India by market cap.
What Should Investors Do?
For investors interested in the Hyundai brand and its growth in India:
- Keep track of IPO news – if Hyundai India files a DRHP (Draft Red Herring Prospectus), it will signal the IPO is nearing.
- Consider global exposure – if comfortable with international investing, consider buying Hyundai Motor Co. shares listed on the KRX.
- Invest in auto mutual funds – several mutual funds in India offer exposure to the automotive and mobility sector.
Conclusion
Hyundai India has emerged as a strong, profitable, and innovative player in the Indian auto space. Although its shares are not directly available in India’s stock market, the company’s potential listing could open a new chapter for Indian retail investors.
Until then, savvy investors can consider indirect exposure while staying updated on the latest developments. If the Hyundai India IPO becomes a reality, it could offer a promising opportunity to invest in a brand that’s deeply embedded in India’s automotive journey.
👉 Hyundai Motor Company Investor Relations (Global)
This is the official Hyundai Motor Co. (parent company of H
