Hero Motors Ltd IPO was priced at ₹79–₹84 per share with an issue size of ₹1,000 crore. The IPO opened on Sep 16, 2026 and closed on Sep 18, 2026, with a lot size of 178 shares and a minimum investment of ₹14,952.
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| 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 · estimated listing price ₹82 (GMP −₹2)
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 178 | ₹14,952 | ₹14,596 | −₹356 |
| Retail (Max) | 13 | 2,314 | ₹1,94,376 | ₹1,89,748 | −₹4,628 |
| S-HNI (Min) | 14 | 2,492 | ₹2,09,328 | ₹2,04,344 | −₹4,984 |
| S-HNI (UPI limit) | 33 | 5,874 | ₹4,93,416 | ₹4,81,668 | −₹11,748 |
| S-HNI (Max) | 66 | 11,748 | ₹9,86,832 | ₹9,63,336 | −₹23,496 |
| B-HNI (Min) | 67 | 11,926 | ₹10,01,784 | ₹9,77,932 | −₹23,852 |
| 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] |
11 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 was priced at ₹79–₹84 per share, with a lot size of 178 shares. Bidding ran from Wed, 16 Sep 2026 to Fri, 18 Sep 2026, with shares listed on BSE and NSE.
The price band was ₹79–₹84 per share.
One lot was 178 shares. Bids had to be placed in multiples of 178.
A retail investor needed at least ₹14,952 – one lot of 178 shares at ₹84, the upper end of the price band.
Hero Motors Ltd IPO opened on Wed, 16 Sep 2026 and closed on Fri, 18 Sep 2026.
Allotment was finalised on Mon, 21 Sep 2026.
Hero Motors Ltd shares were listed on Wed, 23 Sep 2026 on BSE and NSE.
The company intended 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.
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.