Daily BriefsIndia

Daily Brief India: Muthoot Microfin, Hyundai Motor India and more

In today’s briefing:

  • Muthoot Microfin Lockup Expiry – Pre-IPO Investors Well in the Money Despite the Stock’s Performance
  • Hyundai Motor India: Can It Thrive Amidst a Rapidly Evolving Mobility Landscape?


Muthoot Microfin Lockup Expiry – Pre-IPO Investors Well in the Money Despite the Stock’s Performance

By Ethan Aw

  • Muthoot Microfin (MUTHOOTM IN) raised around US$115m in its Indian IPO, after pricing the deal at the top end of its IPO range at INR291/share.
  • Muthoot Microfin is a microfinance institution providing micro-loans to women customers with a focus on the rural regions of India.
  • In this note, we will talk about the lock-up dynamics and updates since our last note.

Hyundai Motor India: Can It Thrive Amidst a Rapidly Evolving Mobility Landscape?

By Devi Subhakesan

  • India’s passenger vehicle industry is shifting towards alternative fuels and facing intense competition, amidst changing customer preferences.
  • Despite a growing vehicle market, Hyundai Motor India (HMIL) faces a tough battle to defend its market share given changing industry dynamics.
  • With more competitors in the fray, including its parent group company Kia and EV leader BYD, Hyundai Motor India is in for a challenging ride.

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