Hero Motors IPO
Hero Motors IPO Details
-
Open Date
16 Sep 2026
-
Close Date
18 Sep 2026
- IPO Price Range
₹ 79 to ₹84
- IPO Size
₹ 1,000.00 Cr
Hero Motors IPO Timeline
Last Updated: 11 September 2026 10:37 AM by 5paisa
Hero Motors Limited is an automotive technology company providing engineered powertrain solutions to OEMs across the US, Europe, India and ASEAN. Its portfolio spans electric and conventional powertrains, including CVTs, EV transmissions, electric motors, integrated drive units and gear sets. The Company serves automotive, e-bike and mobility applications through its Powertrain Solutions and Alloys and Metallics segments, supported by in-house engineering capabilities and relationships with global customers.
Established in: 1998
Managing Director: Amit Gupta
Peers:
| Metric | Hero Motors Limited | CIE Automotive India Limited | Endurance Technologies Limited | Sona BLW Precision Forgings Limited |
|---|---|---|---|---|
| Face Value | 10 | 10 | 10 | 10 |
| Closing Price as on September 7, 2026 (₹ per share) | NA | 383.55 | 2763.20 | 788.00 |
| Revenue from Operations for Financial Year 2026 | 1188.35 | 9406.47 | 14595.88 | 444.95 |
| EPS (Basic) | 1.15 | 21.69 | 67.66 | 10.30 |
| EPS (Diluted) | 1.15 | 21.69 | 67.66 | 10.30 |
| NAV | 12.72 | 164.65 | 442.54 | 93.93 |
| P/E | NA | 17.68 | 40.84 | 76.50 |
| Return on Net Worth for the Financial Year 2026 (%) | 8.53 | 13.18 | 15.29 | 10.77 |
Hero Motors Objectives
1. Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by Company
2. Capital expenditure of Company through purchase of equipment for expansion in capacity of Gautam Buddha Nagar, Uttar Pradesh facility
3. Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Hero Motors IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹1,000.00 Cr |
| Offer For Sale | ₹400.00 Cr |
| Fresh Issue | ₹600.00 Cr |
Hero Motors IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 178 | 14,062 |
| Retail (Max) | 13 | 2,314 | 1,94,376 |
| S-HNI (Min) | 14 | 2,492 | 1,96,868 |
| S-HNI (Max) | 66 | 11,748 | 9,86,832 |
| B-HNI (Min) | 67 | 11,926 | 9,42,154 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Revenue | 1064.39 | 1089.59 | 1188.35 |
| EBITDA | 86.28 | 114.00 | 147.78 |
| PAT | 17.04 | 32.80 | 41.17 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Total Assets | 1059.86 | 1164.62 | 1371.83 |
| Share Capital | 353.58 | 357.38 | 358.34 |
| Total Liabilities | 1059.86 | 1164.62 | 1371.83 |
| Particulars (In ₹Crores.) | FY24 | FY25 | FY26 |
| Net Cash Generated From / (used in) Operating Activities | 131.10 | 48.34 | 144.04 |
| Net Cash Generated From / (used in) Investing Activities | -76.93 | -135.23 | -69.39 |
| Net Cash Generated From / (used in) Financing Activities | -20.36 | 53.69 | -61.80 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 34.68 | -33.20 | 12.86 |
Strengths
1. Diversified powertrain solutions across multiple mobility segments.
2. Strong expertise across advanced transmission technologies globally.
3. Established relationships with prominent global automotive customers.
4. In-house engineering supports product innovation and development.
Weaknesses
1. Business remains dependent on automotive industry demand.
2. Complex product portfolio requires continuous technology investments.
3. Global operations increase execution and coordination complexities.
4. OEM relationships may create customer concentration exposure risks.
Opportunities
1. Growing electrification expands demand for powertrain solutions.
2. E-bike adoption supports micro-mobility business expansion opportunities.
3. Global EV transition creates new technology opportunities.
4. International markets offer further customer diversification potential.
Threats
1. Rapid technological changes could shorten product lifecycles significantly.
2. OEM insourcing could reduce supplier opportunities substantially.
3. Intense competition may pressure pricing and margins.
4. EV demand uncertainty could affect production volumes
1. Diversified presence across electric and conventional powertrains
2. Established relationships with leading global automotive OEMs
3. Integrated design, engineering and manufacturing capabilities globally
4. Positioned across growing electric mobility application segments
Hero Motors operates across the evolving automotive powertrain landscape, serving both electric and conventional mobility segments. Its capabilities across transmissions, electric motors, integrated drive units and e-bike powertrains position it to participate in increasing vehicle electrification. The Company’s presence across India, Europe and ASEAN, combined with in-house engineering and global customer relationships, provides opportunities to expand its product portfolio, strengthen international business and address emerging mobility applications.
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FAQs
Hero Motors IPO opens from September 16, 2026 to September 18, 2026.
The size of Hero Motors IPO is approximately ₹1,000.00 crore.
The price band of Hero Motors IPO is fixed at ₹79 to ₹84 per share.
To apply for Hero Motors IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Hero Motors IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size is 178 shares, requiring an investment of approximately ₹ 14,062.
The share allotment date of Hero Motors IPO is September 21, 2026.
The Hero Motors IPO will likely be listed on September 23, 2026.
ICICI Securities Ltd is the book-running lead manager.
1. Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by Company
2. Capital expenditure of Company through purchase of equipment for expansion in capacity of Gautam Buddha Nagar, Uttar Pradesh facility
3. Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes