Hero Motors IPO – IPO Profile
Hero Motors Limited IPO is a Mainboard IPO. Hero Motors operates in the automotive technology and mobility solutions segment, with products and solutions serving electric mobility, two-wheelers, performance vehicles and other automotive applications.
₹1,000 Crore Issue Size | Price Band ₹79–₹84 | Lot Size 178 Shares | Mainboard IPO | NSE & BSE
Hero Motors IPO Details
| Particulars | Details |
|---|---|
| IPO Name | Hero Motors IPO |
| Company Name | Hero Motors Limited |
| IPO Type | Mainboard IPO |
| IPO Open Date | 16 September 2026 |
| IPO Close Date | 18 September 2026 |
| Price Band | ₹79 – ₹84 per Share |
| Face Value | ₹10 per Share |
| Issue Size | ₹1,000 Crore |
| Fresh Issue | Approx. ₹600 Crore |
| Offer for Sale | Approx. ₹400 Crore |
| Lot Size | 178 Shares |
| Minimum Investment | ₹14,952 at Upper Price Band |
| Listing Exchange | NSE & BSE |
| IPO Category | Mainboard |
Hero Motors Company Profile
Hero Motors Limited is an automotive technology company engaged in powertrain, advanced mobility and engineering solutions. The company serves customers across electric mobility and conventional automotive applications.
Its business includes solutions for two-wheelers, performance vehicles, e-bikes, off-road vehicles and other automotive applications. The company follows a B2B model and works with OEM customers across design, engineering, validation and production.
Hero Motors has developed relationships with global OEM customers and operates with manufacturing and engineering capabilities across multiple geographies.
Objects of Hero Motors IPO
The fresh issue proceeds are proposed to be used for business and financial objectives including debt repayment/prepayment, capacity expansion and strategic/inorganic growth initiatives.
| Purpose | Proposed Use |
|---|---|
| Debt Repayment | Repayment / prepayment of certain borrowings |
| Capacity Expansion | Purchase of equipment and expansion of the Gautam Buddha Nagar facility |
| Strategic Initiatives | Inorganic growth, acquisitions and general corporate purposes |
Hero Motors IPO Financials
The following financial figures are based on reported consolidated financial information for FY2024, FY2025 and FY2026.
| Particulars (₹ Crore) | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total Income | 1,083.42 | 1,111.23 | 1,216.74 |
| EBITDA | 86.28 | 114.00 | 147.78 |
| Profit After Tax | 17.04 | 32.80 | 41.17 |
| Net Worth | 385.44 | 423.95 | 482.45 |
| Total Assets | 1,059.86 | 1,164.62 | 1,371.83 |
| Total Borrowings | 304.00 | 407.62 | 400.79 |
Hero Motors IPO – Strengths
Hero Motors has longstanding relationships with global OEM customers and supplies automotive and mobility solutions across different markets.
The company is positioned in the growing electric mobility ecosystem, including e-bike and electric powertrain related opportunities.
The company offers solutions across two-wheelers, e-bikes, performance vehicles, off-road vehicles and other automotive applications.
In-house engineering and research capabilities support product development and long-term relationships with OEM customers.
The company benefits from the established Hero/Munjal business ecosystem and long experience in the automotive sector.
Apply for Hero Motors IPO via Motilal Oswal RIISE App
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Hero Motors IPO – Risks
A significant portion of revenue comes from a limited number of customers. Losing a major customer or contract could affect revenue and profitability.
The company has significant international business exposure, particularly to European markets. Economic or geopolitical changes may impact operations.
Demand for automotive components and mobility products can be affected by economic cycles, vehicle demand and changes in consumer preferences.
Fluctuations in raw material prices or disruption in supplies can adversely affect margins and production.
The company has outstanding borrowings. Part of the IPO proceeds are proposed to be used towards repayment or prepayment of debt.
Losses or weak performance at subsidiaries and execution challenges across multiple geographies could affect consolidated performance.
Hero Motors IPO Allotment Status
After the IPO closes, investors can check Hero Motors IPO allotment status through the IPO registrar, BSE or other authorised platforms.
Check Allotment Status