Hero Motors Limited
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Market participants are tracking the upcoming IPO of Hero Motors Limited's, which seeks to mobilize 11,90,47,618 Shares from public investors. The offering includes 7,14,28,571 Shares in primary capital and ₹400.00 Cr in secondary share sales, creating a balanced offering structure.
The pricing parameters have been established at ₹79 to ₹84, with the minimum application size requiring 178 shares. This valuation approach considers market conditions, company fundamentals, and investor expectations.
Investment applications will be accepted from Sep 16, 2026 through Sep 18, 2026. The allotment date is fixed for Sep 21, 2026, followed by the commencement of trading activities on Sep 23, 2026 at the NSE, BSE trading platform.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Hero Motors, which began operations in 2001 in the Alloys and Metallics segment, has grown into one of India’s leading automotive technology companies. The company specializes in designing, developing, manufacturing, and supplying advanced powertrain solutions for automotive OEMs worldwide. Its products cater to a wide range of vehicles, including two-wheelers, performance vehicles, e-bikes, off-road vehicles, electric and hybrid cars, heavy-duty vehicles, and electric vertical take-off and landing (eVTOL) systems. Hero Motors has a diverse portfolio for both electric vehicles (EVs) and internal combustion engine vehicles (ICEs), and it is the only Indian manufacturer exporting CVT hubs to global e-bike OEMs, as well as producing integrated electric powertrain products for e-bikes. The company has expanded through acquisitions and joint ventures, developing strong in-house design, engineering, manufacturing, and validation capabilities, supported by R&D resources, specialized equipment, assembly lines, and end-of-line testing machines.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
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- Growing Presence in Electric Bikes & Premium Two-Wheelers: The company has expanded into electric bikes and premium two-wheelers, partnering with leading OEMs such as BMW and Ducati. It also provides complete powertrain and end-to-end e-bike system solutions.
- Strong Global OEM Relationships & Expertise: The company serves a diverse range of global automotive and non-automotive customers, including BMW, Ducati, Hero MotoCorp, B&S, Escorts and enviolo, along with motorsport and supercar applications.
- Advanced & Geographically Diverse Infrastructure: The company has manufacturing and assembly facilities across India, the UK and Thailand. This global presence helps it stay close to customers and offer cost-effective solutions across different markets.
- Dependence on Limited Suppliers: The company relies on a limited number of suppliers for key raw materials and does not have firm supply agreements with all of them. Any supply disruption or price increase could delay production, raise costs and affect financial performance.
- Strict Customer Quality & Delivery Requirements: Customers expect products to meet strict quality, measurement, tolerance and delivery standards. Failure to meet these requirements could lead to recalls, warranty claims, replacement costs, reduced orders or order cancellations.
- Rapid Technological & Market Changes: The automotive industry is changing quickly, especially with the growth of EV and evolving ICE technologies. Failure to adapt to new technologies and changing customer demand could negatively affect business and financial performance.
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