Click it and Unblock the Notifications
Hero Motors Ltd. IPO
IPO Timeline
-
16 Sep 2026Bidding Starts
-
18 Sep 2026Bidding Ends
-
21 Sep 2026Allotment Finalization
-
23 Sep 2026Listing
About Hero Motors Ltd.
We are one of India’s leading automotive technology companies engaged in designing, developing, manufacturing and supplying highly engineered powertrain solutions catering to automotive original equipment manufacturers (“OEMs”) in United States, Europe, India and the Association of Southeast Asian Nations (“ASEAN”) region. (Source: CRISIL Report) We are a fully integrated powertrain systems provider offering comprehensive solutions including services for designing, prototyping, validating, developing, and delivering system-level and component-level powertrain solutions for both electric as well as non-electric powertrains. Our offerings find application in two-wheelers, performance automotive, e-bikes, off-road vehicles, electric and hybrid cars, heavy duty vehicles, and electric vertical take-off and landing (“eVTOL”) categories. We cater to requirements of our global customers such as BMW AG (“BMW”), Ducati Motor Holding S.P.A. (“Ducati”), Enviolo International Inc (“enviolo”), Formula Motorsport Ltd (“Formula Motorsport”), HUMMINGBIRDEV Inc. (“Hummingbird EV”), HWA AG (“HWA”) and leading global electric bicycle (“e-bike”) manufacturers and other mobility applications such as aerospace. We are among the few companies that address the requirements of the premium ICE and performance ICE segment that require high-performance transmission systems capable of handling tough torque needs while keeping components lightweight. (Source: CRISIL Report) We are a technology and innovation driven company and have made significant investments into our in-house design and engineering capabilities as well as forging technology partnerships with global players to enhance our expertise and product and service offerings.
Hero Motors Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 3,57,14,286 (30%) |
| Non Institutional Investors | 1,78,57,143 (15%) |
| Qualified Institutional Buyers (QIBs) | 2,38,09,524 (20%) |
| Retail Individual Investors (RIIs) | 4,16,66,667 (35%) |
Hero Motors Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2026 | 1,034.54 Cr | 67.57 Cr | 158.35 Cr |
| 31 Mar 2025 | 917.00 Cr | 23.61 Cr | 80.59 Cr |
Hero Motors Ltd. Background
-
1998Incorporation of our Company.
Investment in our Company through joint venture between Briggs & Stratton International Inc. (USA) and Majestic Auto Limited.
-
2001Commenced operations of our ‘alloys and metallics’ business, focusing on sheet metal component manufacturing, machining of casting products and other sheet metal components
-
2004The High Court of Delhi at New Delhi vide its order dated July 22, 2004 and the High Court of Punjab and Haryana vide its order dated November 7, 2003 approved the scheme of arrangement between our Company and Majestic Auto Limited pursuant to which all the properties, rights and claims and the entire undertaking relating and pertaining to the Ghaziabad business of Majestic Auto Limited was transferred to our Company.
-
2015The High Court of Punjab and Haryana at Chandigarh vide its order dated October 9, 2015 had sanctioned the scheme of arrangement between HCL and our Company whereby the sheet metals, transmission and cycle production, and assemblies business of our Company was transferred to HCL.
-
2018Our Company partnered with US-based technology company, enviolo and commenced supply of continuous variable planetary transmission (CVP) hubs, commencing operations of the bike powertrain subunit in our Company’s powertrains solutions business.
-
2020Our Company entered into an agreement with enviolo for the co-development of an economical version of the CVT hub named “Urban” for Indian and ASEAN and European markets
-
2021Entered into a joint venture agreement dated October 27, 2021 with Yamaha to incorporate HYM for the purpose of manufacturing hub motors for e-bikes and selling them to Yamaha and our Company
-
2022The Hon’ble National Company Law Tribunal, Chandigarh Bench vide its order dated November 4, 2022 approved the scheme of arrangement between HCL and our Company whereby the auto component business of HCL was transferred to our Company.
Our Company acquired 32% stake in HEL.
Our Company raised funds through private placement of securities from South Asia Growth Invest LLC and South Asia EBT Trust.
-
2023Commenced operations at our facility in Samut Prakan, Thailand.
Our Company acquired 100% stake in STPL from HCL, a member of our Promoter Group and a Group Company.
Our Company acquired a further 19% stake in HEL, resulting in HEL becoming a subsidiary of our Company.
Our Company ventured into the electric drive unit segment under the ‘ESYNC’ brand.
-
2025Our Company entered into a joint venture agreement with Vermogensverwaltung Plettenberg GmbH & Co KG along with its group companies (“STP Group”) for the purpose of manufacturing forging components
Our Company incorporated its Subsidiary, Munjal STP Industries Private Limited, pursuant to a certificate of incorporation dated July 22, 2025.
1. Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by our Company.
2. Capital expenditure of our Company through purchase of equipment required for expansion in capacity of our Gautam Buddha Nagar, Uttar Pradesh facility.
3. Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.
1. Pankaj Munjal
2. Charu Munjal
3. Abhishek Munjal
4. O P Munjal Holdings
Review and Outlook of the Indian Automobile Industry
Indian two-wheeler industry
The country's automobile industry is primarily comprised of five key segments: two-wheelers (2W), passenger vehicles (PV), commercial vehicles (CV), three-wheelers (3W), and tractors. During fiscal 2026,
...
Read more
Phone no:
FAQs
When does Hero Motors Ltd. IPO opens and closes?
Hero Motors Ltd. IPO opens from 16th September to 18th September 2026.What is the size of Hero Motors Ltd. IPO?
The size of the Hero Motors Ltd. IPO is ₹1,000.00 Cr.What is the price range of Hero Motors Ltd. IPO?
The price range of Hero Motors Ltd. IPO is at ₹79 to ₹84 per share.What is the minimum investment and lot size required for the Hero Motors Ltd. IPO?
The minimum investment required is ₹14,952 and minimum lot size is 178 shares.When is Hero Motors Ltd. IPO listing date?
The Hero Motors Ltd. IPO will be listed on 23rd September 2026.What is the objective of Hero Motors Ltd. IPO?
1. Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by our Company.2. Capital expenditure of our Company through purchase of equipment required for expansion in capacity of our Gautam Buddha Nagar, Uttar Pradesh facility.
3. Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article
Sign in with Google
