Hero Motors Ltd IPO is priced at ₹79–₹84 per share with an issue size of ₹1,000 crore. The IPO opens on Sep 16, 2026 and closes on Sep 18, 2026, with a lot size of 178 shares and a minimum investment of ₹14,952.
No GMP data recorded yet for this IPO.
Subscription data isn't available yet — it appears once bidding opens.
| Price Band | ₹79.00 - ₹84.00 per share |
| Lot Size | 178 shares |
| Min Investment | ₹14,952 |
| Total Issue Size | ₹1000.00 crore |
| Shares Offered | 11,90,47,618 |
| Issue Structure | Fresh Issue + Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Lead Manager(s) | ICICI Securities Ltd., Dam Capital Advisors Ltd., JM Financial Ltd. |
| Registrar | Kfin Technologies Ltd. |
| Listing At | BSE, NSE |
Issue price ₹84 · lot size 178 shares · no GMP recorded, so estimated profit is nil
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 178 | ₹14,952 | ₹14,952 | ₹0 |
| Retail (Max) | 13 | 2,314 | ₹1,94,376 | ₹1,94,376 | ₹0 |
| S-HNI (Min) | 14 | 2,492 | ₹2,09,328 | ₹2,09,328 | ₹0 |
| S-HNI (UPI limit) | 33 | 5,874 | ₹4,93,416 | ₹4,93,416 | ₹0 |
| S-HNI (Max) | 66 | 11,748 | ₹9,86,832 | ₹9,86,832 | ₹0 |
| B-HNI (Min) | 67 | 11,926 | ₹10,01,784 | ₹10,01,784 | ₹0 |
| Metric | Latest Reported |
|---|---|
| Total Income | ₹1216.74 Cr |
| Profit After Tax | ₹41.17 Cr |
| Net Worth | ₹482.45 Cr |
Promoters: Pankaj Munjal, Charu Munjal, Abhishek Munjal, O P Munjal Holdings
| Promoter Holding (Pre-Issue) | 84.67% |
| Promoter Holding (Post-Issue) | 61.08% |
Hero Motors Limited is an automotive technology company engaged in designing, developing, manufacturing and supplying engineered powertrain solutions to automotive original equipment manufacturers (OEMs) across the United States, Europe, India and ASEAN region.
| Founded | 1998-04-01 |
| Headquarters | Ludhiana, Punjab |
| Industry | Automotive |
| Website | https://www.heromotors.com/ |
| Registrar | Kfin Technologies Ltd. |
| Phone | 040-79615565 |
| [email protected] |
12 answers about Hero Motors Ltd IPO — dates, pricing, allotment and listing.
Hero Motors Ltd IPO is a bookbuilding ipo of ₹1,000 crore. The issue is priced at ₹79–₹84 per share, with a lot size of 178 shares. Bidding opens on Wed, 16 Sep 2026 and closes on Fri, 18 Sep 2026, with shares to be listed on BSE and NSE.
The price band is ₹79–₹84 per share.
One lot is 178 shares. Bids must be placed in multiples of 178.
A retail investor needs at least ₹14,952 – one lot of 178 shares at ₹84, the upper end of the price band.
Hero Motors Ltd IPO opens on Wed, 16 Sep 2026 and closes on Fri, 18 Sep 2026.
Allotment is expected to be finalised on Mon, 21 Sep 2026.
Hero Motors Ltd shares are expected to list on Wed, 23 Sep 2026 on BSE and NSE.
The company intends to use the net proceeds towards repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by company, capital expenditure of company through purchase of equipment for expansion in capacity of gautam buddha nagar, uttar pradesh facility and funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.
ICICI Securities Ltd., Dam Capital Advisors Ltd. and JM Financial Ltd. are the book running lead managers. Kfin Technologies Ltd is the registrar to the issue.
Apply online through your broker using UPI, or through your bank's net banking using ASBA. Select Hero Motors Ltd IPO, enter a quantity in multiples of 178 along with your bid price, submit the application, then approve the UPI mandate in your payment app before the cut-off time.
Category-wise demand from retail, NII and QIB bidders is on the Hero Motors Ltd IPO subscription page, and on the BSE and NSE websites.
From Mon, 21 Sep 2026, check the Hero Motors Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.