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Hero Motors
BSE, NSE₹N/A / N/A Shares
IPO Details
Hero Motors IPO is priced between ₹N/A per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the BSE, NSE, and KFin Techologies Ltd is managing the issue as the registrar.
The IPO bidding period opened on N/A, and closed on N/A. The allotment results will be announced on N/A, with a tentative listing date set for N/A.
The total issue comprises Approx 900 Crores, amounting to .
Hero Motors IPO Highlights
IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
---|---|---|---|---|---|---|---|
TBA - TBA | Invalid Date | ₹10 Per Equity Share | ₹N/A per equity share | - | Shares | - | BSE, NSE |
Hero Motors IPO Timeline
Issue Price
₹N/A per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
KFin Techologies LtdMarket Lot
N/A Shares (₹N/A/-)Lead Manager
ICICI Securities LtdDAM Capital Advisors LtdJM Financial LtdIssue Size
Approx 900 CroresRetail Portion
35%Subscription
N/A timesIPO Docs
About Company
Hero Motors began its operations in 2001 with the Alloys and Metallic’s segment and today is India's leading automotive technology company. The company specializes in designing, developing, manufacturing, and supplying highly engineered powertrain solutions for automotive OEM manufacturer across the world. Their products are used in various categories, 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) categories.
The company has a diverse product portfolio catering to electric vehicles (EVs) and internal combustion engine vehicles (ICEs). They are the only player manufacturing and exporting CVT hubs to global e-bike OEMs from India and are the only manufacturer of integrated electric powertrain products for e-bikes in India. The company has been involved in acquisition and joint venture to step into new horizons. The company has developed in-house design and engineering capabilities, as well as manufacturing and validation capabilities, with adequate R&D resources, equipment, assembly lines, and end-of-line testing machines.