Hyundai Motor India IPO Review | 3 Shocking Reasons NOT to Invest in Hyundai IPO!
3 Reasons Why You Shouldn’t Participate in Hyundai Motor IPO… Don’t Even Think of Applying Without Watching This Video!
None of the big IPOs that have come so far – be it LIC, Coal India, or Paytm – have performed as expected.
Hyundai’s entire IPO is an Offer For Sale (OFS), meaning not a single rupee is going to the company. This means Hyundai isn’t planning any expansion.
Hyundai is one of the world’s largest car manufacturers. However, the auto sector faces a problem: except for Toyota, none of the top 10 international car manufacturers – whether it’s Honda, Volkswagen, or others – are in a growth phase; all are experiencing degrowth.
After hearing these reasons, will you participate in Hyundai Motor India IPO or not? Let us know in the comments with a Yes or No. Subscribe to us if you enjoyed our Hyundai Motor India IPO Review!
About Hyundai Motor India:
Incorporated in May 1996, Hyundai Motor India Limited is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer ("OEM") in the world based on passenger vehicle sales.
The company manufactures and sells reliable, feature-rich, and innovative four-wheeler passenger vehicles backed by the latest technology. The company also manufactures parts such as transmissions and engines.
The company provides mobility solutions, operating a network of 1,366 sales points and 1,550 service points across India.
As of March 31, 2024, the company has sold nearly 12 million passenger vehicles in India and through exports.
The company manufactures and sells four-wheeler passenger vehicles, including models such as sedans, hatchbacks, SUVs, and electric vehicles (EVs).
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