Hero Motors

Hero Motors

MainboardClosed

₹14,952(178 Shares)

Minimum Investment

IPO Dates

Sep 16, 2026 – Sep 18, 2026

Price Band

₹79–84 per equity share

Issue Size

₹1000 Cr

Lot Size

178

Listing

Sep 23, 2026

Listing At

BSE, NSE

Sep 16, 2026Open DateCompleted
Sep 18, 2026Close DateCompleted
Sep 21, 2026Allotment DateCompleted
Sep 23, 2026Listing DateCompleted

Hero Motors Live Subscription Details

All IPOs
QIB1.59x
Retail8.76x
NIIs
10.48x

NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

14.20x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

10.48x

Overall Subscription

Total Bids Received

7.08x

Hero Motors IPO Issue Details

Issue Price
₹79-84 Per Equity Share
Face Value
₹10 Per Equity Share
Total Issue Size
₹1000 Cr
Fresh Share
7,14,28,571 shares(aggregating up to ₹600 crore)
Listing At
BSE, NSE
Listing Date
Sep 23, 2026
Lead Manager
JM Financial Ltd, ICICI Securities Ltd, DAM Capital Advisors Ltd
Registrar
Kfin Technologies Ltd.

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)1178₹14,952
Retail (Max)132,314₹1,94,376
sHNI (Min)142,492₹2,09,328
sHNI (Max)6611,748₹9,86,832
bHNI (Min)6711,926₹10,01,784

Reservation Details

15%

NII

1.79Cr

20%

QIB

2.38Cr

30%

Anchor

3.57Cr

35%

Individual

4.17Cr

10%

bhni

1.19Cr

5%

shni

59.52L

100%

shareholder

11.9Cr

Company Information

Hero Motors began its operations in 2001 with the Alloys and Metallic’s segment and today is India's leading automotive technology company. The company specializes in designing, developing, manufactur...

Valuations

RoNW

8.53%

PAT Margin

3.46%

P/B Value

6.60

Market Cap

₹3,815.41 Cr.

Financial Information (₹ in Crores)

MetricFY 26FY 25FY 24
Total Assets1371.831164.621059.86
Total Revenue1216.741111.231083.42
Profit After Tax41.1732.817.04
Net Worth482.45423.95385.44

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by Company
  2. 2Capital expenditure of Company through purchase of equipment for expansion in capacity of Gautam Buddha Nagar, Uttar Pradesh facility
  3. 3Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes

Hero Motors – Promoter(s)

Pankaj Munjal
Charu Munjal
Abhishek Munjal
O P Munjal Holdings

Contact Details

Corporate Office

Hero Nagar, GT Road, Ludhiana, Ludhiana, Punjab, 141003

+ 91 120441200

investorrelations@heromotors.com

Visit Website

Hero Motors Allotment & Registrar Details

Check Allotment

Kfin Technologies Ltd.

040-79615565

hml.ipo@kfintch.com

Visit Registrar Website

Hero Motors IPO Documents

Lead Managers

JM Financial Ltd

ICICI Securities Ltd

DAM Capital Advisors Ltd

Frequently Asked Questions — Hero Motors IPO

The Hero Motors IPO price band is set at ₹79.00 to ₹84.00 per equity share.

The total issue size of Hero Motors IPO is ₹1000 Cr.

The lot size for Hero Motors IPO is 178 shares per lot. The minimum investment amount is approximately ₹14,952.

The Hero Motors IPO opens on Sep 16, 2026 and closes on Sep 18, 2026.

The basis of allotment for Hero Motors IPO is expected to be finalized on Sep 21, 2026.

Hero Motors IPO is expected to be listed on Sep 23, 2026 on BSE, NSE.

The current GMP for Hero Motors IPO is ₹0, suggesting an expected listing price of around ₹79.00. Note: GMP is an unofficial market indicator.

The registrar for Hero Motors IPO is Kfin Technologies Ltd.. You can contact them at hml.ipo@kfintch.com.

View All
Tonbo Imaging India

Tonbo Imaging India

UpcomingMainboard
GMP +₹440

Price Band: ₹665–₹700

Jio Platforms

Jio Platforms

UpcomingMainboard
GMP +₹194

Price Band: ₹1065–₹1119

Bonfiglioli Transmissions

Bonfiglioli Transmissions

UpcomingMainboard
GMP +₹150

Price Band: ₹558–₹586

HD Fire Protect

HD Fire Protect

LiveMainboard
GMP +₹84

Price Band: ₹258–₹271

Sahajanand Medical Technologies

Sahajanand Medical Technologies

UpcomingMainboard
GMP +₹40

Price Band: ₹327–₹344

Zetwerk Manufacturing Business

Zetwerk Manufacturing Business

UpcomingMainboard
GMP +₹20

Price Band: ₹143–₹151