Hero Motors IPO Details
| IPO Open Date: | September 16, 2026 |
| IPO Close Date: | September 18, 2026 |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹79 to ā¹84 Per Share |
| Issue Size: | Approx ā¹1,000 Crores |
| Fresh Issue: | Approx ā¹600 Crores |
| Offer for Sale: | Approx 4,76,19,047 Equity Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE & NSE |
| DRHP Draft Prospectus: |  |
| RHP Draft Prospectus: | |
Hero Motors IPO Market Lot
The Hero Motors IPO minimum market lot is 178 shares with ā¹14,952 application amount. The retail investors can apply up-to 13 lots with 2314 shares of ā¹1,94,376 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 178 | ā¹14,952 |
| Retail Maximum | 13 | 2314 | ā¹1,94,376 |
| S-HNI Minimum | 14 | 2492 | ā¹2,09,328 |
| S-HNI Maximum | 66 | 11748 | ā¹9,86,832 |
| B-HNI Minimum | 67 | 11926 | ā¹10,01,784 |
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 | September 15, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
Hero Motors IPO Dates
The Hero Motors IPO date is September 16 and the close date is September 18. The Hero Motors IPO allotment will be finalized on September 21 and the IPO listing on September 23.
| IPO Open Date: | September 16, 2026 |
| IPO Close Date: | September 18, 2026 |
| Basis of Allotment: | September 21, 2026 |
| Refunds: | September 22, 2026 |
| Credit to Demat Account: | September 22, 2026 |
| IPO Listing Date: | September 23, 2026 |
Promoters and Holding Pattern
The promoters of the company are Pankaj Munjal, Charu Munjal, Abhishek Munjal and O P Munjal Holdings.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
| Promoter and Promoter Group | 327,540,186 | 85.57% | 279,921,139 | 61.63% |
| Others* | 55,246,819 | 14.43% | 174,294,437 | 38.37% |
| Total | 382,787,005 | 100% | 454,215,576 | 100% |
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 | ā¹190.00 |
| Capital expenditure of our Company through purchase of equipment for expansion in capacity of our Gautam Buddha Nagar, Uttar Pradesh facility | ā¹200.00 |
| Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes | ā¹- |
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 ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ā¹1,083.42 | ā¹1,059.12 | ā¹17.04 | ā¹1,059.86 |
| 2025 | ā¹1,111.23 | ā¹1,072.16 | ā¹32.80 | ā¹1,164.62 |
| 2026 | ā¹1,216.74 | ā¹1,153.78 | ā¹41.17 | ā¹1,371.83 |
Hero Motors IPO Valuation – FY2026
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: | 8.56% |
| ROCE: | 19.77% |
| EBITDA Margin: | 12.44% |
| PAT Margin: | 3.46% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ā¹1.15 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 8.53% |
| Net Asset Value (NAV): | ā¹12.72 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| CIE Automotive India Limited | 21.69 | 17.68 | 13.18% | 164.65 | 9,406.47 Cr. |
| Endurance Technologies Limited | 67.66 | 40.84 | 15.29% | 442.54 | 14,595.88 Cr. |
| Sona BLW Precision Forgings Limited | 10.30 | 76.50 | 10.77% | 93.93 | 4,449.46 Cr. |
| UNO Minda Limited | 20.78 | 59.84 | 19.59% | 113.77 | 19,657.59 Cr. |
| Varroc Engineering Limited | 14.73 | 56.15 | 18.70% | 80.45 | 8,890.49 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/
IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ipostatus.kfintech.com/
Hero Motors IPO FAQs
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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).
3 Responses
The Red Herring Prospectus (RHP) for the Hero Motors IPO does not include any reservation or special quota for shareholders of Hero MotoCorp
ANY SHARE HOLDERS ALLOTMENT QUOTA AVAILABLE
Hero motocorp share holder quata h ya nahi