Hero Motors provides comprehensive solutions encompassing design, prototyping, validation, development and delivery of system-level powertrain solutions for both electric and non-electric applications. Its offerings cater to two-wheelers, performance vehicles, e-bikes, off-road vehicles, electric and hybrid cars, heavy-duty vehicles and electric vertical take-off and landing (eVTOL) platforms. The company’s operations are structured across two business segments — Powertrain Solutions and Alloys & Metallics — enabling integrated and technology-driven product delivery across mobility sectors
Price Band₹ |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹1,200.00 Crs |
Hero Motors IPO Objects
- Repayment, prepayment, or redemption of the Company’s outstanding borrowings.
- Capital expenditure for equipment to expand the Company’s Gautam Buddha Nagar, Uttar Pradesh facility.
- Funding inorganic growth through acquisitions, strategic initiatives, & general corporate purposes.
Hero Motors IPO Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹800.00 Cr (0.00 Shares) |
Offer For Sale₹400.00 Cr (0.00 Shares) |
Total Issue₹1,200.00 Cr (0.00 Shares) |
Face Value₹10 per equity share |
Hero Motors IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1
1
Maximum
2,00,000
2,00,000
2,00,000
|
|||
| Small HNI |
Minimum
2,00,000
2,00,000
2,00,000
Maximum
10,00,000
10,00,000
10,00,000
|
|||
| Big HNI |
Minimum
10,00,000
10,00,000
10,00,000
|
|||
Hero Motors IPO GMP
The estimated Grey Market Premium of Hero Motors IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Hero Motors IPO Financials
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 807.27 | 1,064.39 | 1,054.62 | 914.19 |
| Profit after Tax | 22.39 | 17.04 | 40.51 | 99.02 |
| Net Worth | 412.01 | 385.44 | 344.47 | 159.11 |
| Total Borrowing | 374.00 | 304.00 | 269.61 | 265.39 |
| Total Assets | 1,177.79 | 1,059.86 | 992.02 | 703.13 |
| NAV per share (in ₹) | 10.89 | 10.29 | 9.20 | 45.99 |
| EPS - Basic (in ₹) | 0.45 | 0.36 | 1.13 | 2.80 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 11.49% |
| PAT | 1.60% |
| ROE | 4.54% |
| ROCE | 22.59% |
All the data pertains to FY 2023-24. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Hero Motors IPO Peer Comparision
Hero Motors IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| O P Munjal Holdings | 71.09% |
| Pankaj Munjal | 2.45% |
| Others | 0.43% |
| Total | 73.97% |
Management Details
| Name | Designation |
|---|---|
| Pankaj Munjal | Chairman |
| Amit Gupta | MD & CEO |
| Utkarsh Sangh | CFO |
Company Details
Name: Hero Motors Limited
Address: Hero Nagar, GT Road, Ludhiana, Punjab – 141 003, India
Number: + 91 120 4412 000
Email: investorrelations@heromotors.com
Website: www.heromotors.com
Book Running Lead Managers (BRLMs)
RTAs
KFin Technologies
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Hero Motors IPO is a Mainboard IPO having an issue size of Rs. ₹1,200.00 Crs. Hero Motors IPO is priced at ₹ - ₹ per share. The issue opens on 05 Dec 25 and closes on 05 Dec 25.
Hero Motors IPO opens on 05 Dec 25 and closes on 05 Dec 25.
The estimated Grey Market Premium of Hero Motors IPO is ₹0 per share (-).
The minimum lot size of Hero Motors IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Hero Motors IPO is 05 Dec 25.
The listing date of Hero Motors IPO is 05 Dec 25.
Hero Motors IPO is subscribed -.
Hero Motors IPO is priced at ₹ - ₹ per share.
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