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Hero Motors Limited

Hero Motors, which began operations in 2001 in the Alloys and Metallics segment, has grown into one of India’s leading automotive technology companies. The company specializes in designing, developing, manufacturing, and supplying advanced powertrain solutions for automotive OEMs worldwide. Its products cater to a wide range of vehicles, including two-wheelers, performance vehicles, e-bikes, off-road vehicles, electric and hybrid cars, heavy-duty vehicles, and electric vertical take-off and landing (eVTOL) systems. Hero Motors has a diverse portfolio for both electric vehicles (EVs) and internal combustion engine vehicles (ICEs), and it is the only Indian manufacturer exporting CVT hubs to global e-bike OEMs, as well as producing integrated electric powertrain products for e-bikes. The company has expanded through acquisitions and joint ventures, developing strong in-house design, engineering, manufacturing, and validation capabilities, supported by R&D resources, specialized equipment, assembly lines, and end-of-line testing machines.

₹79 - ₹847.08x sub
Listed Price₹82.00
Listing Gain-2.38%
Timeline•Bookbuilding IPO
Open16 Sep 2026
Close18 Sep 2026
Allotment21 Sep 2026
Listing23 Sep 2026

Quota Reservation Portions

AnchorPortion: 3,57,14,284 shares
30%
QIBPortion: 2,38,09,525 shares
20%
HNIPortion: 1,78,57,143 shares
15%
RetailPortion: 4,16,66,666 shares
35%

Minimum Application Bracket Matrix

Retail1 lots / 178 shares
₹14,952
sHNI14 lots / 2,492 shares
₹2,09,328
bHNI67 lots / 11,926 shares
₹10,01,784

About the Company

Hero Motors, which began operations in 2001 in the Alloys and Metallics segment, has grown into one of India’s leading automotive technology companies. The company specializes in designing, developing, manufacturing, and supplying advanced powertrain solutions for automotive OEMs worldwide. Its products cater to a wide range of vehicles, including two-wheelers, performance vehicles, e-bikes, off-road vehicles, electric and hybrid cars, heavy-duty vehicles, and electric vertical take-off and landing (eVTOL) systems. Hero Motors has a diverse portfolio for both electric vehicles (EVs) and internal combustion engine vehicles (ICEs), and it is the only Indian manufacturer exporting CVT hubs to global e-bike OEMs, as well as producing integrated electric powertrain products for e-bikes. The company has expanded through acquisitions and joint ventures, developing strong in-house design, engineering, manufacturing, and validation capabilities, supported by R&D resources, specialized equipment, assembly lines, and end-of-line testing machines.

Company Promoters

Pankaj MunjalCharu MunjalAbhishek MunjalO P Munjal Holdings

Hero Motors Limited IPO Details (2026): Price Band, Lot Size, Issue Size & Dates

Complete issue details for Hero Motors Limited (HEROMOTORS) IPO. Find comprehensive information including equity share price band, issue opening and closing dates, retail lot size, promoter shareholding pattern, lead managers, and registrar contacts. Check live grey market demand on our GMP Tracker.

Price Band₹79 - ₹84
Retail Lot Size178 Shares
Face Value₹10 per share
Min. Outlay₹14,952

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