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Company Contact Information
Hero Motors Ltd
Registered Office: Hero Nagar, G T Road, Ludhiana - 141003, Punjab
Phone: +91 120 4412 000
Email: investorrelations@heromotors.com
Website: www.heromotors.com
Initial public offer of 119,047,618 equity shares of face value of Rs. 10 each ("Equity Shares") of Hero Motors Limited ("Company" or "Issuer") for cash at a price of Rs. 84 per equity share ( including a share premium of Rs. 74 per equity share) ("Offer Price") aggregating to Rs. 1000.00 Crores comprising a fresh issue of 71,428,571 equity shares aggregating to Rs.600.00 Crores by the company ("Fresh Issue") and an offer for sale of 47,619,047 equity shares aggregating to Rs. 400.00 Crores ("Offered Shares") by the selling shareholders, comprising 47,023,809 equity shares aggregating to Rs. 395.00 Crores by O P Munjal Holdings ("Promoter Selling Shareholder") and 595,238 equity shares aggregating to Rs. 5.00 Crores by Hero Cycles Limited (the "Promoter Group Selling Shareholder" and together with the promoter selling shareholder, the "Selling Shareholders"), and such offer for sale, the "Offer For Sale", and together with the fresh issue, the "Offer". The offer shall constituted 26.21% of the post-offer paid-up equity share capital of the company. Price Band: Rs. 84 per equity share of face value of Rs. 10 each. The floor price is 8.4 times the face value of the equity shares. Bids can be made for a minimum of 178 equity shares of face value of Rs. 10 each and in multiples of 178 equity shares of face value of Rs. 10 each thereafter.
IPO Details
Issue Money Payable On
Opens On Closes On Application Allotment
16-Sep-2026 18-Sep-2026 ₹ 84.00 ₹ 0.00
Minimum Application for shares in Nos
Minimum Application for shares in Nos : 178.0 Further Multiples of : 178.0
(₹)Cr. Lead Managers to the Issue
Project Cost 561.99 DAM Capital Advisors Ltd
Project Financed through Current Offer 1,000.00
Post Issue Equity Share Capital 454.22
Issue Price ₹84.00
Projects
Projects
Repayment/prepayment/redemption in full or in part of certain outstanding borrowings availed by the company
Capital exp of the company through purchase of equipment required for expansion in capacity of its Gautam Budh Nagar
Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Promoted By
Promoted By
Listing At
Listing At
BSE
NSE
Registrar to the Issue
Registrar to the Issue
KFin Technologies Ltd

INDIAN INDICES

Sensex

73,895.74 315.20 (0.43%)

Nifty

23,140.50 77.40 (0.34%)

GLOBAL INDICES

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NASDAQ
HANG SENG

24,507.16 -253.98(-1.03%)