Hero Motors Limited IPO

Hero Motors Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

₹

Total Issue

₹1,200.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Website DRHP

Business Overview

Hero Motors provides comprehensive solutions encompassing design, prototyping, validation, development and delivery of system-level powertrain solutions for both electric and non-electric applications. Its offerings cater to two-wheelers, performance vehicles, e-bikes, off-road vehicles, electric and hybrid cars, heavy-duty vehicles and electric vertical take-off and landing (eVTOL) platforms. The company’s operations are structured across two business segments — Powertrain Solutions and Alloys & Metallics — enabling integrated and technology-driven product delivery across mobility sectors

Objects of Issue

  1. Repayment, prepayment, or redemption of the Company’s outstanding borrowings.
  2. Capital expenditure for equipment to expand the Company’s Gautam Buddha Nagar, Uttar Pradesh facility.
  3. Funding inorganic growth through acquisitions, strategic initiatives, & general corporate purposes.

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Hero Motors IPO
Particulars Dec-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 807.27 1,064.39 1,054.62 914.19
Profit after Tax 22.39 17.04 40.51 99.02
Net Worth 412.01 385.44 344.47 159.11
Total Borrowing 374.00 304.00 269.61 265.39
Total Assets 1,177.79 1,059.86 992.02 703.13
NAV per share (in ₹) 10.89 10.29 9.20 45.99
EPS - Basic (in ₹) 0.45 0.36 1.13 2.80

KPIs

EBITDA

11.49%

PAT

1.60%

ROE

4.54%

ROCE

22.59%

All the data pertains to FY 2023-24. PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

73.97%

Public

26.03%

O P Munjal Holdings 71.09%
Pankaj Munjal 2.45%
Others 0.43%

Management

Pankaj Munjal Chairman
Amit Gupta MD & CEO
Utkarsh Sangh CFO

Registrar & Lead Managers

Registrar

KFin Technologies

KFin Technologies

Frequently Asked Questions

What is Hero Motors IPO?
Hero Motors IPO is a Mainboard IPO having an issue size of ₹1,200.00 Crs. Hero Motors IPO is priced at ₹ - ₹ per share. The issue opens on 16 Apr 26 and closes on 16 Apr 26.
When will Hero Motors IPO open?
Hero Motors IPO opens on 16 Apr 26 and closes on 16 Apr 26.
What is the GMP of Hero Motors IPO?
The estimated Grey Market Premium of Hero Motors IPO is ₹0 per share (-).
What is the lot size of Hero Motors IPO?
The minimum lot size of Hero Motors IPO is 0 shares & the minimum application amount is Rs. 0.
When is the allotment of Hero Motors IPO?
The allotment date of Hero Motors IPO is 16 Apr 26.
What is the listing date of Hero Motors IPO?
The listing date of Hero Motors IPO is 16 Apr 26.
What is the subscription of Hero Motors IPO?
Hero Motors IPO is subscribed -.
What is the price band of Hero Motors IPO?
Hero Motors IPO is priced at ₹ - ₹ per share.
How to check allotment status of Hero Motors IPO?
Click the allotment link on Hero Motors IPO page of IPO360.
How to apply Hero Motors IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Hero Motors IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Hero Motors IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Hero Motors IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date