Hero Motors IPO Details, Financials, Valuation & Peers
Explore Hero Motors IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Hero Motors Limited is an Indian automotive technology company specializing in the design, development, and manufacturing of highly engineered powertrain solutions for global original equipment manufacturers (OEMs).
Core Business and Industry Focus The company operates through two segments: Powertrain Solutions, which provides integrated propulsion systems, and Alloys and Metallics (A&M), which supplies powertrain-neutral advanced materials for electric, hybrid, and internal combustion engine vehicles. Its industry focus spans two-wheelers, performance automotive, e-bikes, off-road vehicles, heavy-duty vehicles, and aerospace applications like eVTOL aircraft.
Key Highlights
- Global Reach: Serves major international clients, including BMW AG, Ducati Motor Holding S.P.A., and Formula Motorsport Ltd., across the United States, Europe, India, and the ASEAN region.
- Manufacturing Footprint: As of March 31, 2024, the company operates six strategic manufacturing facilities across India, the United Kingdom, and Thailand to ensure customer proximity and cost efficiency.
- Technological Infrastructure: Maintains specialized technology centers in Southam, UK, and Gautam Buddha Nagar, India, to drive innovation in the mobility sector.
- Systems Capabilities: Leverages design and prototyping capabilities—notably at its Maidenhead, UK facility—to function as a complete systems manufacturer for the global automotive market.
Objects of the Issue
- Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by Company
- Capital expenditure of Company through purchase of equipment for expansion in capacity of Gautam Buddha Nagar, Uttar Pradesh facility
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes(
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 16 Sep - 18 Sep 2026 |
| IPO Price Band | ₹79 - ₹84 per share |
| Fresh Issue | ₹600.00 crore |
| Offer For Sale | ₹400.00 crore |
| Total IPO Size | ₹1,000.00 crore |
| Face Value | ₹10 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 16 Sep 2026 |
| IPO Closing Date | 18 Sep 2026 |
| Basis Of Allotment | 21 Sep 2026 |
| Refunds | 22 Sep 2026 |
| Demat Transfer | 22 Sep 2026 |
| IPO Listing Date | 23 Sep 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Assets | 1,059.86 | 1,164.62 | 1,371.83 |
| Total Income | 1,083.42 | 1,111.23 | 1,216.74 |
| Profit After Tax | 17.04 | 32.80 | 41.17 |
| EBITDA | 86.28 | 114.00 | 147.78 |
| NET Worth | 385.44 | 423.95 | 482.45 |
| Reserves and Surplus | 32.26 | 67.71 | 116.32 |
| Total Borrowing | 304.00 | 407.62 | 400.79 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Hero Motors | 73.68 | 1.14 | 8.53% | 12.72 |
| Varroc Engineering Ltd | 56.15 | 14.73 | 18.7% | 80.45 |
| Uno Minda Ltd | 59.84 | 20.78 | 19.59% | 113.77 |
| Sona Blw Precision Forgings Ltd | 76.5 | 10.3 | 10.77% | 93.93 |
| Endurance Technologies Ltd | 40.84 | 67.66 | 15.29% | 442.54 |
| Cie Automotive India Ltd | 17.68 | 21.69 | 13.18% | 164.65 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Retail Individual Investor (RII) | Not less than 35% |
Subscription Data from NSE and BSE
As the issue has not yet opened, subscription data is unavailable. However, you can view subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Lead Managers
- 1ICICI Securities Ltd.
- 2JM Financial Ltd.
- 3Dam Capital Advisors Ltd.
Company Address
Hero Motors Ltd.Hero Nagar
GT Road
Ludhiana
Ludhiana, Punjab – 141003
Website: https://www.heromotors.com/
Phone: + 91 120441200
FAQs
- What is the issue size of the Hero Motors IPO?The Hero Motors IPO has an issue size of ₹1,000.00 crore. This includes a fresh issue of ₹600.00 crore and an offer for sale (OFS) of ₹400.00 crore.
- What is the price band of the Hero Motors IPO?The price band for the Hero Motors IPO is ₹79 - ₹84 per share.
- What are the bidding dates for the Hero Motors IPO?The Hero Motors IPO will open for bidding on 16 Sep 2026 and close on 18 Sep 2026.
- What is the allotment date for the Hero Motors IPO?The allotment date for the Hero Motors IPO is 21 Sep 2026.
- What is the minimum lot size and investment required for the Hero Motors IPO?The minimum lot size for the Hero Motors IPO is 79008400 shares and the minimum investment required is ₹6,63,67,05,600.
- What is the listing date for the Hero Motors IPO?The listing date for the Hero Motors IPO is 23 Sep 2026.
- What is the Hero Motors IPO grey market premium?The grey market premium (GMP) for the Hero Motors IPO is currently at ₹24, with an expected listing gain of approximately 28.57%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.