Hero Motors IPO Date, Review, Price, Allotment Details

Hero Motors IPO open date is 2025 and the IPO will close on 2025. Hero Motors IPO is a Book Build Issue. The company to raise around ₹1,200 crores via IPO that comprises fresh issue of ₹800 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Hero Motors IPO price band is ₹[.] to ₹[.] per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Hero Motors IPO to list on BSE, NSE on 2025. The allotment of Hero Motors IPO date is 2025.

The company reported revenue of ₹1083.42 crores in 2024 against ₹1070.00 crores in 2023. The company reported profit of ₹17.04 crores in 2024 against profit of ₹40.51 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Table of Contents

Hero Motors IPO Details

IPO Open Date:2025
IPO Close Date:2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹[.] to ₹[.] Per Share
Issue Size:Approx ₹1,200 Crores
Fresh Issue:Approx ₹800 Crores
Offer for Sale:Approx [.] Equity Shares
Issue Type:Book Build Issue
IPO Listing:BSE & NSE
DRHP Draft Prospectus:PDF
RHP Draft Prospectus:PDF

Hero Motors IPO Review & Key Points

  • Review:

Hero Motors IPO Market Lot

The Hero Motors IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.

ApplicationLot SizeSharesAmount
Retail Minimum₹-
Retail Maximum₹-
S-HNI Minimum₹-
S-HNI Maximum₹-
B-HNI Minimum₹-

IPO Reservation

Investor CategoryShare Offered-% Shares
Anchor Investor– Shares-%
QIB (Ex. Anchor)– Shares50%
NII Shares Offered– Shares15%
Retail Shares Offered– Shares35%

Hero Motors IPO Anchor Investors

Anchor Bidding Date2025
Anchor Investors ListPDF
Shares Offered[.] Shares
Anchor Size[.] Cr.
lock-in period end date 50% shares (30 Days) 2025
lock-in period end date 50% shares (90 Days) 2025

Hero Motors IPO Dates

The Hero Motors IPO date is 2025 and the close date is 2025. The Hero Motors IPO allotment will be finalized on 2025 and the IPO listing on 2025.

IPO Open Date:2025
IPO Close Date:2025
Basis of Allotment:2025
Refunds:2025
Credit to Demat Account:2025
IPO Listing Date:2025
IPO Bidding Cut-off Time:2025 – 5 PM

Promoters and Holding Pattern

The promoters of the company are Pankaj Munjal, Charu Munjal, Abhishek Munjal and O P Munjal Holdings.

ParticularShares% Share
Promoter Holding Pre Issue35,83,36,01991.41%
Promoter Holding Post Issue-%

Objects of the Issue & Utilisation of proceeds

PurposeCrores
Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by our Company₹285
Capital expenditure of our Company through purchase of equipment for expansion in capacity of our Gautam Buddha Nagar, Uttar Pradesh facility₹237
Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes₹-

About Hero Motors IPO

Hero Motors Limited is one of the leading companies in the case of design, development, and supply of advanced powertrain solutions to OEMs in the US, Europe, India, and ASEAN. The company offers a variety of products used in different types of vehicles, such as two-wheelers, e-bikes, high-performance cars, off-road vehicles, electric and hybrid cars, heavy-duty vehicles, and eVTOL aircraft. The company is blessed with various products, as its products are deployed in various things such as bikes, e-bikes, cars, off-road and heavy vehicles, electric and hybrid models, and flying vehicles like eVTOLs. Hero Motor Limited has two main business areas: Powertrain Solutions, systems that help vehicles move by turning energy into motion. Alloys and Metallics, which are Special materials used in electric, fuel-based, and hybrid vehicles, are suitable for all types of powertrains.

Hero Motors IPO Company Financial Report

Amount ₹ in Crores

Period EndedRevenueExpensePATAssets
2022₹921.15₹849.25₹99.02₹703.13
2023₹1,070.00₹1016.24₹40.51₹992.02
2024₹1,083.42₹1059.11₹17.04₹1,059.86
December 2024₹823.80₹799.28₹22.39₹1,177.79

Hero Motors IPO Valuation – FY2024

Check Hero Motors IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:4.54%
ROCE:22.59%
EBITDA Margin:7.78%
PAT Margin:1.60%
Debt to equity ratio: 1.76
Earning Per Share (EPS):₹0.36 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):4.42%
Net Asset Value (NAV):₹10.29

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
CIE Automotive India Limited21.0321.1415.82%157.849,280.35 Cr.
Endurance Technologies Limited48.3854.3714.41%335.7310,240.87 Cr.
Sona BLW Precision Forgings Limited8.8354.4420.24%47.753,184.77 Cr.
UNO Minda Limited15.3670.4419.58%91.7114,030.89 Cr.
Varroc Engineering Limited34.4316.2057.82%62.607,551.94 Cr.

IPO Lead Managers aka Merchant Bankers

  • ICICI Securities Limited
  • Dam Capital Advisors Ltd
  • Jm Financial Limited

Company Address

Hero Motors Ltd.
Hero Nagar,
GT Road,
Ludhiana
Ludhiana, Punjab, 141003
Phone: + 91 120441200
Email: [email protected]
Website: http://www.heromotors.com/

Hero Motors IPO Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ipostatus.kfintech.com/

Hero Motors IPO FAQs

What is Hero Motors IPO?

Hero Motors IPO is a Mainboard IPO. The company is going to raise ₹1,200 Crores via IPO. The issue is priced at ₹[.] to ₹[.] per equity share. The IPO is to be listed on BSE & NSE.

When Hero Motors IPO will open for subscription?

The IPO is to open on 2025 for QIB, NII, and Retail Investors. The IPO will close on 2025.

What is Hero Motors IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Hero Motors IPO?

You can apply for Hero Motors IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Hero Motors IPO Issue Size?

Hero Motors IPO issue size is ₹1,200 crores.

What is Hero Motors IPO Price Band?

Hero Motors IPO Price Band is ₹[.] to ₹[.].

What is Hero Motors IPO Lot Size?

The minimum bid is [.] Shares with ₹[.] amount.

What is the Hero Motors IPO Allotment Date?

Hero Motors IPO allotment date is 2025.

What is the Hero Motors IPO Listing Date?

Hero Motors IPO listing date is 2025. The IPO is to list on BSE & NSE.

Note: The Hero Motors IPO price band and date are officially announced. The (Hero Motors IPO grey market premium) will be added to the IPO GMP page as it will start).

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.