Hero Motors IPO Details
MAINBOARD
Hero Motors IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.
The Lead Managers for Hero Motors IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Jm Financial Ltd, Dam Capital Advisors Ltd, ICICI Securities Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Hero Motors Limited DRHP.
Hero Motors IPO Details
- Hero Motocorp Ltd
Hero Motors IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Hero Motors IPO Reservation
Promoter Holding
Documents
Hero Motors IPO Valuations
Hero Motors Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,177.79 | 1,059.86 | 992.02 | 703.13 |
| Revenue | 823.80 | 1,083.42 | 1,070.00 | 921.15 |
| Profit After Tax | 22.39 | 17.04 | 40.51 | 99.02 |
| EBITDA | 75.38 | 82.81 | 97.35 | 167.93 |
| Net Worth | 412.01 | 385.44 | 344.47 | 159.11 |
| Reserves and Surplus | 745.72 | 710.88 | 709.37 | 124.51 |
| Total Borrowing | 374.00 | 304.00 | 269.61 | 265.39 |
| Amount in ₹ Crore | ||||
About Hero Motors IPO
Hero Motors Limited is one of India's automotive technology companies, specializing in the design, development, manufacturing, and supply of highly engineered powertrain solutions for automotive original equipment manufacturers (OEMs) across the United States, Europe, India, and the ASEAN region.
The company’s diverse product portfolio serves a wide range of mobility applications, including two-wheelers, performance automotive, e-bikes, off-road vehicles, electric and hybrid cars, heavy-duty vehicles, and electric vertical take-off and landing (eVTOL) aircraft. Hero Motor Limited supplies powertrain solutions to globally recognized brands such as BMW AG, Ducati Motor Holding S.P.A., Enviolo International Inc., Formula Motorsport Ltd., Hummingbird EV, HWA AG, and leading global electric bicycle (e-bike) manufacturers. The company’s expertise extends beyond automotive applications into aerospace and other mobility sectors.
Hero Motor Limited operates through two key business segments:
- Powertrain Solutions – Integrated systems designed to propel vehicles by converting energy into motion.
- Alloys and Metallics (A&M) – Advanced materials used in EVs, internal combustion engine vehicles (ICEs), and hybrid vehicles, making them powertrain-neutral.
As of March 31, 2024, Hero Motor Limited operated six manufacturing facilities strategically located across India, the United Kingdom, and Thailand to enhance customer proximity and cost efficiency. The company’s Samut Prakan, Thailand facility, which began operations in Fiscal 2024, caters specifically to the ASEAN market. Its Maidenhead, United Kingdom facility, equipped with design and prototyping capabilities, has enabled Hero Motor Limited to evolve into a complete systems manufacturer for the global automotive sector.
In India, the company’s manufacturing units are located in Gautam Buddha Nagar, Uttar Pradesh, and Ludhiana, Punjab. Additionally, two technology centres operate in Southam, United Kingdom, and Gautam Buddha Nagar, Uttar Pradesh, reinforcing Hero Motor Limited’s commitment to innovation and technological excellence in the global automotive industry.
Strength Of Hero Motors IPO
Risk Of Hero Motors IPO
Objectives Hero Motors IPO
1. Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by our Company
2. Capital expenditure of our Company through purchase of equipment for expansion in capacity of our Gautam Buddha Nagar, Uttar Pradesh facility
3. Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes(
Company Contact Details
Hero Motors Ltd.
Hero Nagar,
GT Road,
Ludhiana
Ludhiana, Punjab, 141003
Phone: + 91 120441200
Email: investorrelations@heromotors.com
Website: http://www.heromotors.com/
Registrar Contact Details
Hero Motors IPO - FAQs
The Hero Motors IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.