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IPO profile

Hero Motors Limited

HEROMOTORS · NSE

Price band
₹79 - ₹84
Subscription
Not available
Listed 23 Sept 2026Data updated 25 Oct 2026, 12:08 pm

Application & Issue Details

Minimum Quantity
178 shares
Minimum Application
₹14,952
Issue Size
Rs. 1000 Cr
Face Value
Not available
Issue Price
₹84

Company Overview

Hero Motors Limited is a solution provider in the powertrain sector engaged in manufacturing and supplying a wide range of electrified and non-electrified powertrains along with alloy and metallic components. The company operates primarily through two distinct business segments, namely Powertrain Solutions and Alloys and Metallics, catering to two-wheelers, e-bikes, motorsport, and performance automotive industries. It generates revenue by selling specialized components, gears, transmissions, hubs, and metal assemblies directly to original equipment manufacturers operating across India, Europe, the United States, and other international markets. Supported by integrated design, research, and engineering capabilities, the company maintains manufacturing facilities and technology centers across India, the United Kingdom, and Thailand. Its operational specialization covers product design, prototyping, and large-scale manufacturing focused on delivering custom-engineered solutions to domestic and global automotive client bases.

Important Dates

Open Date
16 Sept 2026
Close Date
18 Sept 2026
Allotment Date
Not available
Listing Date
23 Sept 2026

Issue Timeline

  1. Issue open date
  2. Issue close date
  3. UPI mandate deadline
  4. Allotment finalization
  5. Refund initiation
  6. Share credit
  7. Listing date
  8. Mandate end date
  9. Lock-in end date for anchor investors (50%)
  10. Lock-in end date for anchor investors (remaining)

Subscription

Subscription data not available yet.

Actual Listing Performance

Listing Date
23 Sept 2026
Actual Listing Price
₹82
Gain/Loss Per Share
-₹2
Gain/Loss Per Lot
-₹356
Listing Gain/Loss %
-2.38%
Measured Against
₹84
Lot Size
178 shares

Historical result from the reported listing price, compared with the issue price. Excludes brokerage, taxes and charges.

Company Strengths & Risks

Reported strengths

  • Integrated design and manufacturing for global powertrain solutions.
  • Diverse product offerings in Powertrains and Alloys & Metallics.
  • Established international footprint with global manufacturing hubs.
  • Strong relationships with key global and domestic automotive OEMs.
  • Experienced management team with deep automotive industry expertise.

Key risks

  • Revenue is heavily reliant on the top 10 key customers.
  • Business depends on performance in the two-wheeler and e-bike sectors.
  • High revenue exposure to overseas markets and foreign currencies.
  • Lack of long-term supply agreements for critical raw materials.
  • Manufacturing involves hazardous materials and strict regulatory norms.

Company strengths and risks are informational summaries. Review the offer document for complete disclosures.

Documents & Coverage

IPO data last updated 25 Oct 2026, 12:08 pm IST · listing price: NSE/BSE

This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP and subscription figures are unofficial/may change. Please make your own independent decision.