Hero Motors IPO
HML
Open Date
To be announced
Close Date
To be announced
Price Range
To be announced
Min Investment
To be announced
Lot Size
To be announced
Listing at
NSE/BSE
Issue Size
To be announced
IPO Document
Free Demat with Zero AMC*
About Hero Motors LTD IPO
Incorporated in 1998, Hero Motors Limited is a leading Indian automotive technology company that specializes in designing, developing, manufacturing, and supplying advanced powertrain solutions to automotive original equipment manufacturers (OEMs) across global markets, including the United States, Europe, India, and the ASEAN region.
The company manufactures and supplies a diversified range of products for various mobility applications that includes two-wheelers, performance automotive, e-bikes, off-road vehicles, electric and hybrid vehicles, heavy-duty vehicles, and electric vertical take-off and landing (eVTOL) aircraft. Hero Motors Limited supplies powertrain solutions to diversified customers comprising globally recognised automotive and mobility brands, including BMW AG, Ducati Motor Holding S.p.A., Enviolo International Inc., Formula Motorsport Ltd., Hummingbird EV, HWA AG, and leading global electric bicycle (e-bike) manufacturers. The Company has expanded its capabilities beyond automotive applications to serve the aerospace and other mobility sectors.
The Company operates through the following business segments:
Powertrain Solutions: Focuses on the design, development, manufacturing, and supply of integrated powertrain systems that enable vehicle propulsion by converting energy into motion.
Alloys and Metallics (A&M): Focuses on the manufacture and supply of advanced alloy and metallic components for electric vehicles (EVs), internal combustion engine (ICE) vehicles, and hybrid vehicles, making the business powertrain-neutral.
As of March 31, 2024, the Company operated six manufacturing facilities located across India, the United Kingdom, and Thailand. These facilities support the Company's manufacturing operations across multiple geographies. The manufacturing facility in Samut Prakan, Thailand, which commenced operations in Fiscal 2024, primarily serves customers in the ASEAN region. The Maidenhead facility in the United Kingdom is equipped with design and prototyping capabilities and supports the Company's product development and systems manufacturing capabilities for the global automotive sector.
The Company's manufacturing facilities in India are located in Gautam Buddha Nagar, Uttar Pradesh, and Ludhiana, Punjab. In addition, it operates two technology centres in Southam, United Kingdom, and Gautam Buddha Nagar, Uttar Pradesh, which support its research and development, engineering, and product development activities.
Incorporated in 1998, Hero Motors Limited is a leading Indian automotive technology company that specializes in designing, developing, manufacturing, and supplying advanced powertrain solutions to automotive original equipment manufacturers (OEMs) across global markets, including the United States, Europe, India, and the ASEAN region. The company manufactures and supplies a div
Hero Motors IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | -- |
| Non-Institutional Investors (NIIs) | 15% | -- |
| Retail Individual Investors (RIIs) | 35% | -- |
Hero Motors IPO Strengths & Weaknesses
Experienced promoter group with a longstanding presence in the automotive industry.
Diversified product portfolio across electric vehicle (EV) and internal combustion engine (ICE) powertrain solutions, as well as alloy and metallic components.
Established customer relationships with global automotive original equipment manufacturers (OEMs).
Integrated capabilities spanning design, engineering, product development, prototyping, and manufacturing.
Presence across multiple mobility segments, including two-wheelers, e-bikes, off-road vehicles, automotive applications, aerospace, and eVTOL applications.
Manufacturing footprint across India, the United Kingdom, and Thailand, enabling the Company to serve customers in key international markets.
Technology and engineering capabilities supported by dedicated technology centres in India and the United Kingdom.
Hero Motors IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| -- | -- | -- |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 0 shares (aggregating up to To be announced) |
| Fresh Issue | 0 shares (aggregating up to To be announced) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 0 shares |
Hero Motors IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Hero Motors ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Hero Motors IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Hero Motors IPO Contact & Registrar Details
Contact Details
Address
Hero Nagar, GT Road, Ludhiana Ludhiana
Phone Number
Website
Registrar Details
Registrar Name
Kfin Technologies Ltd.
Phone Number
Hero Motors Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| ICICI Securities Ltd. | Dam Capital Advisors Ltd. | JM Financial Ltd. |