The company will not receive any proceeds from the issue. All the proceeds of the offer will go to the selling shareholder, Hyundai Motor Group's parent company.

• Incorporated on May 6, 1996, Hyundai Motor India (HMIL) was promoted by Hyundai Motor Company (HMC).

• HMIL is the world's 3rd largest auto original equipment manufacturer (OEM) based on passenger vehicle sales in CY23.

• They have been the 2nd largest auto OEM in the Indian passenger vehicles market since Fiscal 2009 (in terms of domestic sales volumes).

• The company manufactures and sells four-wheeler PVs, demonstrated in its portfolio of 13 models across PV segments such as sedans, hatchbacks, sports-utility vehicles (“SUVs”), and battery electric vehicles (“EVs”).

• HMIL also manufactures parts, such as transmissions and engines, for its manufacturing process or sales. 

• As of December 31, 2023, the company had partnered with 363 dealer companies for distribution and sales in India. HMIL's two manufacturing plants are in Tamil Nadu and can produce a full range of vehicle models.

• The company exports its products to Africa, the Middle East, Bangladesh, Nepal, Bhutan, and Sri Lanka.

The following points should be kept in mind:

1. HMIL is part of the Hyundai Motor Group, the world's third-largest auto OEM based on passenger vehicle sales in CY2023. HMC supports HMIL in many aspects of its operations. HMC’s R&D capabilities, coupled with information flow within the Hyundai Motor Group on emerging global trends and the latest customer preferences, enable HMIL to identify customer preferences in a timely fashion. 
2. According to the CRISIL Report, HMIL has been the second-largest auto OEM in the Indian passenger vehicles market (regarding domestic sales volumes) since FY09. It has also been the most prominent auto OEM in India by sales volume in the mid-size SUV sub-segment since FY19.
3. The company has a diverse portfolio of PVs across powertrains and major PV segments. Its PV segments in India accounted for ~88% of the total PV sales volume in FY24.

The following points should be kept in mind:

1. The company relies on a limited number of suppliers for parts and materials. Any interruption in supply could negatively impact their operations.
2. Two group companies, Kia Corporation and Kia India Private Limited, operate in similar business lines. This may lead to conflicts of interest, impacting HMIL’s business.
3. HMIL depends on its group company, Mobis India, to supply spare parts for after-sale services to the company and its dealers. It’s also dependent on Mobis to supply modular parts that it uses in the manufacturing process of PVs and parts, which constituted 18% of total parts and materials supplied in Q1FY25. Any failure by Mobis to supply these parts could adversely impact the company's business.