Hero Motors IPO Date, Price, Details

The Hero Motors IPO is set to open in 2025, with the closing date also scheduled within the same year. This will be a Book Built Issue, through which the company aims to raise around ₹1,200 crores. The issue includes a fresh issue of shares worth ₹800 crores, along with an Offer for Sale (OFS) of up to [.] equity shares, each having a face value of ₹10.

The price band for the IPO is yet to be announced and will fall between ₹[.] to ₹[.] per share. In terms of investor allocation, 50% of the issue is reserved for Qualified Institutional Buyers (QIBs), 15% for High Net-Worth Individuals (HNIs), and 35% for Retail Investors. The equity shares are proposed to be listed on both the BSE and NSE, with the expected listing taking place in 2025. Share allotment will be finalized shortly after the closing date.

On the financial front, Hero Motors posted a revenue of ₹1,083.42 crores in FY 2024, slightly up from ₹1,070.00 crores in FY 2023. However, the net profit dropped to ₹17.04 crores in 2024, compared to ₹40.51 crores in the previous year.

The Hero Motors IPO is set to open in 2025, with the closing date also scheduled within the same year. This will be a Book Built Issue, through which the company aims to raise around ₹1,200 crores. The issue includes a fresh issue of shares worth ₹800 crores, along with an Offer for Sale (OFS) of up to [.] equity shares, each having a face value of ₹10. The price band for the IPO is yet to be announced and will fall between ₹[.] to ₹[.] per share. In terms of investor allocation, 50% of the issue is reserved for Qualified Institutional Buyers (QIBs), 15% for High Net-Worth Individuals (HNIs), and 35% for Retail Investors.

Hero Motors IPO Market Lot Size

The Hero Motors IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.

Application

Lot Size

Shares

Amount

Retail Minimum

1

₹-

Retail Maximum

13

₹-

S-HNI Minimum

14

₹-

B-HNI Minimum

68

₹-

Hero Motors IPO Details

IPO Open Date:

2025

IPO Close Date:

2025

Face Value:

₹10 Per Equity Share

IPO Price Band:

₹[.] to ₹[.] Per Share

Issue Size:

Approx ₹1,200 Crores

Fresh Issue:

Approx ₹800 Crores

Offer for Sale:

Approx [.] Equity Shares

Issue Type:

Book Build Issue

IPO Listing:

BSE & NSE

Retail Quota:

Not more than 35%

QIB Quota:

Not more than 50%

NII Quota:

Not more than 15%

Hero Motors IPO Valuation – FY2024 (KPI)

Check Hero Motors IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPI

Values

ROE:

4.54%

ROCE:

22.59%

EBITDA Margin:

7.78%

PAT Margin:

1.60%

Debt to equity ratio:

1.76

Earning Per Share (EPS):

₹0.36 (Basic)

Price/Earning P/E Ratio:

N/A

Return on Net Worth (RoNW):

4.42%

Net Asset Value (NAV):

₹10.29

Hero Motors IPO Company Financial Report

In FY 2024, the company posted a revenue of ₹1,083.42 crores, showing a marginal increase from ₹1,070.00 crores in FY 2023. However, net profit declined to ₹17.04 crores in 2024, compared to ₹40.51 crores in the previous year.
(Figures in ₹ Crores)

Period Ended

Revenue

Expense

Profit After Tax

Assets

2022

₹921.15

₹849.25

₹99.02

₹703.13

2023

₹1,070.00

₹1016.24

₹40.51

₹992.02

2024

₹1,083.42

₹1059.11

₹17.04

₹1,059.86

December 2024

₹823.80

₹799.28

₹22.39

₹1,177.79

Hero Motors IPO Dates

The Hero Motors IPO date is 2025 and the close date is 2025. The Hero Motors IPO allotment will be finalized on 2025 and the IPO listing on 2025.

IPO Open Date:

2025

IPO Close Date:

2025

Basis of Allotment:

2025

Refunds:

2025

Credit to Demat Account:

2025

IPO Listing Date:

2025

Promoters of Hero Motors IPO

The promoters of the company are Pankaj Munjal, Charu Munjal, Abhishek Munjal and O P Munjal Holdings.

About Hero Motors IPO

To be updated soon

Peer Group Comparison

Company

EPS

PE Ratio

RoNW %

NAV

Income

CIE Automotive India Limited

21.03

21.14

15.82%

157.84

9,280.35 Cr.

Endurance Technologies Limited

48.38

54.37

14.41%

335.73

10,240.87 Cr.

Sona BLW Precision Forgings Limited

8.83

54.44

20.24%

47.75

3,184.77 Cr.

UNO Minda Limited

15.36

70.44

19.58%

91.71

14,030.89 Cr.

Varroc Engineering Limited

34.43

16.20

57.82%

62.60

7,551.94 Cr.

Objects of the IPO
  • To repay, prepay, or redeem (either partially or fully) certain outstanding borrowings taken by the Company

  • To invest in capital expenditure, including the purchase of equipment aimed at expanding production capacity at the Company’s facility located in Gautam Buddha Nagar, Uttar Pradesh

  • To support inorganic growth through potential acquisitions, strategic business initiatives, and for other general corporate needs

Merchant Bankers
  • ICICI Securities Limited
  • Dam Capital Advisors Ltd
  • Jm Financial Limited
Company Address

Hero Motors Ltd.
Hero Nagar,
GT Road,
Ludhiana
Ludhiana, Punjab, 141003
Phone: + 91 120441200
Email: [email protected]
Website: http://www.heromotors.com/

Hero Motors IPO Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

Check Grey market premium at below 

(GMP)

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