Hero Motors IPO
Hero Motors IPO is a book built issue of ₹8,86,07,596 crores. The issue is a combination of a fresh issue and an offer for sale. The subscription opens on 16 Sep '26 and closes on 18 Sep '26, with the basis of allotment expected to be finalised on 21 Sep '26. The shares are scheduled to list on NSE with a tentative listing date fixed for 23 Sep '26. The price band is set at ₹79 to ₹84 per share with a minimum lot size of 178 shares. ICICI Securities Ltd., Dam Capital Advisors Ltd. and JM Financial Ltd. are the book-running lead managers, while Kfin Technologies Ltd. is the registrar of the issue; for detailed information, refer directly to the official Hero Motors IPO RHP.
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Hero Motors IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 4,43,03,798 crores |
| Non-Institutional Investors (NIIs) | 15% | 1,32,91,139.4 crores |
| Retail Individual Investors (RIIs) | 35% | 3,10,12,658.6 crores |
About Hero Motors LTD IPO
Hero Motors Limited is an automotive technology company engaged in designing, developing, manufacturing and supplying highly engineered powertrain solutions to automotive original equipment manufacturers (OEMs) across the United States, Europe, India and the Association of Southeast Asian Nations (ASEAN) region. The Company provides integrated powertrain solutions covering design, prototyping, validation, development and manufacturing for both electric and non-electric powertrains, catering to applications across two-wheelers, performance automotive, e-bikes, off-road vehicles, electric and hybrid cars, heavy-duty vehicles and electric vertical take-off and landing (eVTOL) platforms.
It serves global customers including BMW, Ducati, enviolo, Formula Motorsport, Hummingbird EV and HWA, along with global e-bike manufacturers and other mobility and aerospace applications.
Hero Motors operates through two principal business segments: Powertrain Solutions and Alloys and Metallics (A&M).
The Powertrain Solutions segment comprises Gears and Transmissions (G&T) and Bike Powertrain (BPT). G&T caters to automotive and other mobility applications, while BPT focuses on the micro-mobility sector, including e-bikes, bicycles and e-scooters.
The A&M segment manufactures sheet metal and tubular assemblies and component solutions primarily for automotive OEMs.
The Company has a diversified product portfolio spanning both EV and ICE applications, with products including design and validation services, ICE and EV gearboxes, e-axles, gearset assemblies, gears and shafts, CVTs, electric motors, electric drive units, structural components, alloy frames, suspension forks, wheel rims, bottom-bracket cartridges and seats.
The Company established a transmission manufacturing facility in Samut Prakan, Thailand, in 2023 to strengthen its presence in the ASEAN region, and expanded into electric drive units for micro-mobility under the ESYNC brand. The Company has also established technology centres in Southam, United Kingdom and Gautam Buddha Nagar, Uttar Pradesh, focused on automotive and micro-mobility applications.
Hero Motors IPO Strengths & Weaknesses
Strong Position in the Global E-Mobility Industry.
Growing Presence in Electric-Bikes and Premium Two-Wheelers.
Longstanding relationships with leading global original equipment manufacturers, supported by engineering and technology expertise.
Advanced and Geographically Diversified Infrastructure.
Strong research and development capabilities, complemented by long-term partnerships.
Experienced Management and Strong Governance.
Hero Motors IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 8,86,07,596 shares (aggregating up to ₹14,952 crores) |
| Fresh Issue | 71,42,857.1 shares (aggregating up to ₹7,14,28,571 crores) |
| Offer for Sale | 47,61,904.7 shares of ₹10 (aggregating up to ₹4,76,19,047 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 100 shares |
Hero Motors IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
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. |
