BSE List Price : ₹

NSE List Price : ₹

subscription

Category	Times
QIBs	1.59x
HNIs	10.48x
Retail	8.76x
Total : 7.08x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	1	178	₹14,952
Retail Maximum	13	2,314	₹194,376
S-HNI Minimum	14	2,492	₹209,328
S-HNI Maximum	66	11,748	₹986,832
B-HNI Minimum	67	11,926	₹1,001,784

About the Company

Hero Motors Limited is one of the leading companies engaged in the design, development and supply of advanced powertrain solutions to OEMs across the US, Europe, India and ASEAN markets. The company provides a diverse range of products that cater to various types of vehicles, including two-wheelers, e-bikes, high-performance cars, off-road vehicles, electric and hybrid vehicles, heavy-duty vehicles and eVTOL aircraft.

The company has a diversified product portfolio, with its products being used across a wide range of applications, including motorcycles, e-bikes, passenger cars, off-road and heavy-duty vehicles, electric and hybrid models, and eVTOL aircraft. Hero Motors Limited operates primarily through two business segments: Powertrain Solutions, which comprise systems designed to convert energy into motion and enable vehicle propulsion; and Alloys and Metallics, which include specialised materials used in electric, conventional fuel-based and hybrid vehicles and are compatible with various types of powertrains.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹1083.42	₹1059.12	₹17.04	₹1059.86
2025	₹1111.23	₹1072.16	₹32.80	₹1164.62
2026	₹1216.74	₹1153.78	₹41.17	₹1371.83

Company Promoter

Pankaj Munjal

Charu Munjal

Abhishek Munjal

O P Munjal Holdings

Know before investing

• • Strengths

  Growing Presence in Electric Bikes & Premium Two-Wheelers: The Company has expanded its presence across various automotive segments and has established partnerships with premium OEMs, including BMW, Ducati and a leading American two-wheeler OEM, for providing complete powertrain solutions. It also possesses capabilities to deliver end-to-end system solutions for e-bikes.

  Advanced & Geographically Diversified Infrastructure: The Company operates manufacturing and assembly facilities across India, the UK and Thailand, enabling it to maintain proximity to its customers while offering cost-competitive solutions across different markets.

• • Risks

  Dependence on a Limited Supplier Base: The Company relies on a limited number of suppliers for critical raw materials, while definitive supply agreements are not in place with all suppliers. Any disruption in supply could lead to production delays, increased costs and adversely impact the Company’s business and financial performance.

  Rapid Technological & Market Developments: The Company may face challenges in responding promptly to evolving automotive technologies and changing market trends or in developing products that meet customer requirements. This risk is particularly relevant given the rapid advancements in EV and ICE technologies, which could adversely affect the Company’s financial performance.

Objects of the Issue & Utilisation of proceeds

Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by our Company.

Capital expenditure of our Company through purchase of equipment for expansion in capacity of our Gautam Buddha Nagar, Uttar Pradesh facility.

Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.

Company  Address

Hero Motors Ltd.
Hero Nagar,
GT Road,
Ludhiana
Ludhiana, Punjab, 141003
Phone: + 91 120441200
Email: investorrelations@heromotors.com
Website: http://www.heromotors.com/

IPO Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: hml.ipo@kfintch.com
Website: https://ipostatus.kfintech.com/