Hero Motors Limited

Minimum Investments

₹14,062

Price Range

₹79 - ₹84

Issue Size

₹1,000.00 Cr

Lot Size

178shares

Proceeds of this IPO to be used for

Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the company.

Capital expenditure of the company through the purchase of equipment required for expansion in capacity of its Gautam Buddha Nagar, Uttar Pradesh facility.

Funding the working capital requirements of the company.

General corporate purposes.

Strengths & Weaknesses

Diversified Product Portfolio

The company's products find diverse applications across vehicle categories including two-wheelers, passenger cars, specialty vehicles, and off-road commercial vehicles, both light and heavy. In addition, we cater to components and solutions for the aerospace and marine industries

Longstanding Relationships

The company's global OEM portfolio includes a wide range of customers, spanning both automotive and non-automotive sectors. In the automotive sector, it collaborates with global two-wheeler OEMs including BMW, Ducati, and Hero MotoCorp among others

Advanced Infrastructure

The company's facilities, located in Gautam Buddha Nagar, Uttar Pradesh, India, boast precision manufacturing setups, including advanced technologies such as teeth honing, teeth grinding, and laser welding machines

Dependent on EV and 2W industry

The company's business is dependent on the performance of certain industries particularly e-bikes and two-wheelers, both in the Indian and overseas markets. Any adverse changes in the conditions affecting these industries can adversely impact the business

Limited set of suppliers

The company depends on a certain limited set of suppliers for the supply of critical raw materials. Further, it does not have definitive supply agreements with all of its suppliers for the supply of raw materials. Interruptions in the supply of raw materials could adversely affect the business

Performance risks

The company must meet strict customer standards for quality and delivery; any failure may result in recalls, order cancellations, or loss of business, impacting its financials and operations

Financials

Income Statement

Also called a profit and loss statement, an income statement shows a company’s income, expenses, and how much profit or loss it has made over a specific accounting period. It provides a clear view of how well the business is running.

Particulars (in Cr)	Mar 2026	Y/Y Change
Operating Revenue	1,188.35	+9.06%
Other Income	28.39	+31.19%
Total Income	1,216.74	+9.49%
Total Expenditure	1,153.78	+7.61%
EBIDT	149.74	+31.35%
Depreciation	45.94	+21.09%
Interest	40.84	+10.44%
Tax	19.84	+215.92%
Net Profit	43.57	+72.90%

Balance Sheet

A balance sheet is a financial statement that details a company’s assets, liabilities, and shareholders’ equity at a given time. It helps assess how financially strong and stable the company is.

Particulars (in Cr)	Mar 2026
Total Current Assets	605.90
Total Non-Current Assets	765.92
Fixed assets	731.03
Total Assets	1,371.83
Total Current liabilities	644.52
Total Non Current Liabilities	246.30
Total Equity Plus Liabilities	1,371.83
Total Shareholder Funds	474.66
Total Debt to Equity	84.00%

Cash Flow

Cash flow highlights the cash or cash equivalents moving in and out of a company during a particular period. It provides a clear picture of how well a company manages its cash by tracking its operating, investing and financing activities.

Particulars (in Cr)	Mar 2026
Cash from Operating Activity	144.04
Cash from Financing Activities	-61.80
Cash from Investing Activities	-69.39
Net Cash Flow	12.86

About the Company

Hero Motors Ltd. was incorporated as ‘Hero Briggs & Stratton Auto’ on April 30, 1998. It is an automotive technology company engaged in designing, developing, manufacturing, and supplying highly engineered powertrain solutions catering to automotive original equipment manufacturers (“OEMs”) in the United States, Europe, India, and the Association of Southeast Asian Nations (“ASEAN”) region.

Promoter
Pankaj Munjal
Promoter
Charu Munjal
Promoter
Abhishek Munjal
Promoter
O P Munjal Holdings

FAQs for Hero Motors Limited IPO

Hero Motors Limited IPO refers to the initial public offering of shares by Hero Motors Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

For Hero Motors Limited IPO the issue size is ₹1,000 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

For Hero Motors Limited IPO the minimum investment is ₹14.1 K. The minimum investment for Hero Motors Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

For Hero Motors Limited IPO the lot size is 178 shares. The lot size of Hero Motors Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

To apply for Hero Motors Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Hero Motors Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Hero Motors Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Hero Motors Limited IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

For Hero Motors Limited IPO the allotment date is 21 Sep 2026. The allotment date of Hero Motors Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

For Hero Motors Limited IPO, the subscription opens on 16 Sep 2026 and closes on 18 Sep 2026. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.