Hero Motors Limited
ListedAutomotive · Mainboard IPO · INE012G01022
Price band
₹79 – ₹84
Lot size
178 shares
Min. investment
₹14,952
Issue size
₹1,000 Cr
Face value
₹10
Registrar
Kfin Technologies Ltd.
Issue timeline
Bidding opens
16 Sept 2026
Bidding closes
18 Sept 2026
Allotment
21 Sept 2026
Listing
23 Sept 2026
Final subscription
8,87,416
applications
₹2,984 Cr
bid value
| Category | Bid for | ₹ Cr* |
|---|---|---|
| Qualified Institutional (QIB) | 1,97,97,160 | 166 |
| Non-Institutional >₹10L (bNII) | 7,88,47,414 | 662 |
| Non-Institutional ₹2–10L (sNII) | 5,87,35,194 | 493 |
| Retail (RII) | 19,78,09,620 | 1,662 |
| Total | 35,51,89,388 | 2,984 |
Live category-wise demand from NSE only. Add each category's offered shares (from the RHP) in IPO Master to show the subscription (x) multiple.
About the company
Hero Motors Limited is an automotive technology company engaged in designing, developing, manufacturing and supplying engineered powertrain solutions to automotive original equipment manufacturers (OEMs) across the United States, Europe, India and ASEAN region.
Issue details
Issue size
₹1,000 Cr
Fresh issue
₹600 Cr
Offer for sale
₹400 Cr
Industry
Automotive
Promoter holding (pre)
84.67%
Promoter holding (post)
61.63
Financials (₹ Cr)
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total income | 1,083.42 | 1,111.23 | 1216.74 Cr |
| EBITDA | 86.28 | 114.00 | 147.78 |
| Profit after tax | 17.04 | 32.80 | 41.17 Cr |
| Net worth | 385.44 | 423.95 | 482.45 Cr |
| Total assets | 1,059.86 | 1,164.62 | 1,371.83 |
| Total borrowing | 304.00 | 407.62 | 400.79 |
Objects of the issue
- Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by Company
- Capital expenditure of Company through purchase of equipment for expansion in capacity of Gautam Buddha Nagar, Uttar Pradesh facility
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Strengths
- Strong R&D and engineering capabilities.
- Long-term relationships with global OEMs.
- Strong presence in the global e-mobility industry.
- Diversified powertrain product and service offerings.
- Experienced management and strong corporate governance.
- Growing presence in electric bikes and premium two-wheelers.
Risks
- Dependence on a limited number of customers.
- Competition from established players in the automotive industry.
- Fluctuations in raw material prices.
- Regulatory changes affecting the automotive sector.
- Economic downturns impacting consumer demand.
Documents
Calculate your bid
At cut-off price ₹84
Lots
1
- Shares
- 178
- Amount
- ₹14,952
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login