
Industrials / Automotive · NSE / BSE
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.
Price Band
₹79 – ₹84
Issue Size
₹11904.76 L Cr
Lot Size
178 shares
GMP
-3.6%
Est. Listing
₹81
at current GMP
Subscribed
7.08x
overall
Open
16 Sep 2026
Close
18 Sep 2026
Allotment
21 Sep 2026
Refund
22 Sep 2026
Demat Credit
23 Sep 2026
Listing
23 Sep 2026
Designated Registrar: Kfin Technologies Limited
Allotment Date
21 Sep 2026
Basis finalization
Refunds Initiate
22 Sep 2026
Mandate release
Demat Credit
23 Sep 2026
Shares in demat
Listing Debut
23 Sep 2026
Trading begins
Hero Motors Limited is bringing an initial public offering (IPO) in the Industrials / Automotive sector with an aggregate issue size of ₹11,90,47,618 Crores. The shares are offered at a price band of ₹79 to ₹84 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-09-18, the basis of allotment is scheduled to be finalized on 2026-09-21. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.