AnandRathi

Hero Motors Ltd IPO

Mainboard

Price Band

₹79-84

Issue Size

₹1000 Cr

Lot Size

178

Open Date

16 Sept 2026

Close Date

18 Sept 2026

Listing Date

23 Sept 2026

This IPO is Closed

About Hero Motors Ltd

We are one of India's leading automotive technology companies engaged in designing, developing, manufacturing and supplying highly engineered powertrain solutions catering to automotive original equipment manufacturers (OEMs) in United States, Europe, India and the Association of Southeast Asian Nations (ASEAN) region. We are a fully integrated powertrain systems provider offering comprehensive solutions including services for designing, prototyping, validating, developing, and delivering system-level and component-level powertrain solutions for both electric as well as non-electric powertrains. Our offerings find application in two-wheelers, performance automotive, e-bikes, off-road vehicles, electric and hybrid cars, heavy duty vehicles, and electric vertical take-off and landing (eVTOL) categories. We cater to requirements of our global customers such as BMW AG (BMW), Ducati Motor Holding S.P.A. (Ducati), Enviolo International Inc (enviolo), Formula Motorsport Ltd (Formula Motorsport), HUMMINGBIRDEV Inc. (Hummingbird EV), HWA AG (HWA) and leading global electric bicycle (e-bike) manufacturers and other mobility applications such as aerospace. We are among the few companies that address the requirements of the premium ICE and performance ICE segment that require high-performance transmission systems capable of handling tough torque needs while keeping components lightweight. We are a technology and innovation driven company and have made significant investments into our in-house design and engineering capabilities as well as forging technology partnerships with global players to enhance our expertise and product and service offerings.

Hero Motors Ltd IPO Timeline

Track key IPO dates — from opening and closing to allotment, refund, and listing.

IPO Open Date

16 Sept 2026

IPO Close Date

18 Sept 2026

Allotment Date

21 Sept 2026

Refund Date

22 Sept 2026

Credit to Demat

22 Sept 2026

Listing Date

23 Sept 2026

Hero Motors Ltd IPO Subscription Status

See how the issue is being subscribed across QIB, NII, Retail, and Employee categories.

DateQIBNIIRIIEmployeeTotal
16 Sept 20260.00x0.28x0.55x0.00x0.33x
17 Sept 20260.07x3.90x5.02x0.00x3.37x
18 Sept 20261.49x9.86x8.23x0.00x6.66x

Hero Motors Ltd IPO Financials

A quick look at revenue, EBITDA, profit, and net worth over the last three years.

YearTotal Revenue (Cr)EBITDA (Cr)PAT (Cr)Networth (Cr)EPS (₹)
FY26-031216.74147.7843.57474.661.15
FY25-031111.23114.0025.20425.090.67
FY24-031083.4286.2813.42385.840.36

Hero Motors Ltd IPO Strengths

  • Among India's Leading Solutions Provider to Global E-Mobility Industry backed by Diversified Product and Service Offerings.
  • Growing Market Presence in the Electric Bikes and Premium Two-Wheelers Segments.
  • Longstanding Relationships with Premier Global Original Equipment Manufacturers and Expertise in Delivering Solutions.
  • Advanced Infrastructure with Geographically Diverse Operations.
  • Strong Research and Development Capabilities and Long-Term Partnerships.

Hero Motors Ltd IPO Reservation

See what share of the issue is reserved for Retail, QIB, NII, and Anchor investors.

Retail35%
QIB20%
NII / HNI15%
Anchor Investors30%
CategoryShares Offered% of Total
Retail4,16,66,66635%
QIB2,38,09,52420%
NII / HNI1,78,57,14315%
Anchor Investors3,57,14,28530%
Total11,90,47,618100%

Hero Motors Ltd Registrar & Company Details

Registrar

KFin Technologies Ltd

301 The Centrium, 3rd Flr 57 LBS, Nav Pada Kurla(W), Mumbai-400 070

+91 40 6716 2222

heromotors.ipo@kfintech.com

www.kfintech.com

Company

Hero Motors Ltd

Hero Nagar, G T Road, Ludhiana, 141003

+91 120 4412 000

investorrelations@heromotors.com

CIN: U29299PB1998PLC039602

http://www.heromotors.com

Disclaimer

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