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Hero Motors Limited IPO DRHP
Hero Motors Limited IPO

Hero Motors Limited IPO DRHP

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

Hero Motors IPO Objects

  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.

Hero Motors IPO Details

Price Band

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹800.00 Cr (0.00 Shares)

Offer For Sale

₹400.00 Cr (0.00 Shares)

Total Issue

₹1,200.00 Cr (0.00 Shares)

Face Value

₹10 per equity share

Category Allocation

Particulars Allocation
QIBs Not more than 50% of Net Offer
Big HNIs (NII) Not less than 10% of Net Offer
Small HNIs (NII) Not less than 5% of Net Offer
Retail Not less than 35% of Net Offer

Hero Motors IPO Financials

(Rs. in crores)

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

The financial information presented is on a consolidated basis.

Key Performance Indicators

KPI Values
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.

Promoter Details

Name Shareholding
O P Munjal Holdings 71.09%
Pankaj Munjal 2.45%
Others 0.43%
Total 73.97%

Management Details

Name Designation
Pankaj Munjal Chairman
Amit Gupta MD & CEO
Utkarsh Sangh CFO

Company Details

Name: Hero Motors Limited

Address: Hero Nagar, GT Road, Ludhiana, Punjab – 141 003, India

Number: + 91 120 4412 000

Email: investorrelations@heromotors.com

Website: www.heromotors.com

Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Hero Motors IPO is a Mainboard IPO having an issue size of Rs. ₹1,200.00 Crs. Hero Motors IPO is priced at ₹ - ₹ per share. The issue opens on 11 Feb 26 and closes on 11 Feb 26.

Hero Motors IPO opens on 11 Feb 26 and closes on 11 Feb 26.

The estimated Grey Market Premium of Hero Motors IPO is ₹0 per share (-).

The minimum lot size of Hero Motors IPO is 0 shares & the minimum application amount is Rs. 0.

The allotment date of Hero Motors IPO is 11 Feb 26.

The listing date of Hero Motors IPO is 11 Feb 26.

Hero Motors IPO is subscribed -.

Hero Motors IPO is priced at ₹ - ₹ per share.

Click the allotment link on Hero Motors IPO page of IPO360.

  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

  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

  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