Hero Motors Limited IPO
Hero Motors Limited IPO closed on 18 Sept 2026. Allotment 21 Sept 2026, listing 23 Sept 2026. Price band ₹79–₹84, lot 178 shares, GMP −₹3 (-3.57%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | Mainboard · NSE |
| Price band | ₹79–₹84 |
| Lot size | 178 shares |
| Minimum investment | ₹14,952 |
| Issue size | ₹1000 Cr |
| GMP | −₹3 (-3.57%) |
| Open date | 16 Sept 2026 |
| Close date | 18 Sept 2026 |
| Allotment date | 21 Sept 2026 |
| Listing date | 23 Sept 2026 |
| Registrar | KARVY |
About Hero Motors Limited
Hero Motors Limited is a solution provider in the powertrain sector engaged in manufacturing and supplying a wide range of electrified and non-electrified powertrains along with alloy and metallic components. The company operates primarily through two distinct business segments, namely Powertrain Solutions and Alloys and Metallics, catering to two-wheelers, e-bikes, motorsport, and performance automotive industries. It generates revenue by selling specialized components, gears, transmissions, hubs, and metal assemblies directly to original equipment manufacturers operating across India, Europe, the United States, and other international markets. Supported by integrated design, research, and engineering capabilities, the company maintains manufacturing facilities and technology centers across India, the United Kingdom, and Thailand. Its operational specialization covers product design…
Strengths
- Integrated design and manufacturing for global powertrain solutions.
- Diverse product offerings in Powertrains and Alloys & Metallics.
- Established international footprint with global manufacturing hubs.
- Strong relationships with key global and domestic automotive OEMs.
- Experienced management team with deep automotive industry expertise.
Risks
- Revenue is heavily reliant on the top 10 key customers.
- Business depends on performance in the two-wheeler and e-bike sectors.
- High revenue exposure to overseas markets and foreign currencies.
- Lack of long-term supply agreements for critical raw materials.
- Manufacturing involves hazardous materials and strict regulatory norms.