Hero Motors IPO Details
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.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | – | – | ₹- |
| Retail Maximum | – | – | ₹- |
| S-HNI Minimum | – | – | ₹- |
| S-HNI Maximum | – | – | ₹- |
| B-HNI Minimum | – | – | ₹- |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Hero Motors IPO Anchor Investors
| Anchor Bidding Date | 2025 |
| Anchor Investors List | |
| 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.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 35,83,36,019 | 91.41% |
| Promoter Holding Post Issue | – | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| 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 Ended | Revenue | Expense | PAT | Assets |
| 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.
| KPI | Values |
| 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
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| CIE Automotive India Limited | 21.03 | 21.14 | 15.82% | 157.84 | 9,280.35 Cr. |
| Endurance Technologies Limited | 48.38 | 54.37 | 14.41% | 335.73 | 10,240.87 Cr. |
| Sona BLW Precision Forgings Limited | 8.83 | 54.44 | 20.24% | 47.75 | 3,184.77 Cr. |
| UNO Minda Limited | 15.36 | 70.44 | 19.58% | 91.71 | 14,030.89 Cr. |
| Varroc Engineering Limited | 34.43 | 16.20 | 57.82% | 62.60 | 7,551.94 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
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What is the Hero Motors IPO Listing Date?
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).

