The allotment status for the ₹1,000 crore Hero Motors IPO is likely to be announced today, September 21, 2026. Investors can check their IPO allotment status on the official websites of the NSE, BSE, and the IPO registrar, KFin Technologies Limited.
Following the completion of the allotment process, the shares are tentatively to be listed on the NSE and BSE on September 23, 2026.
Explore other Upcoming IPOs on BSE and NSE.
[September 18, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.78x |
|
Non-Institutional Investors (NIIs) |
7.25x |
|
Retail Individual Investors (RIIs) |
4.46x |
|
Total |
4.01x |
The company intends to utilise the net proceeds from the fresh issue towards:
Incorporated in 1998, Hero Motors Limited is an automotive technology company that designs and manufactures advanced powertrain solutions for original equipment manufacturers (OEMs) across India, the US, Europe, and ASEAN. The company provides end-to-end capabilities, covering product design, prototyping, testing, validation, and large-scale manufacturing for both electric and internal combustion engine (ICE) vehicles.
Hero Motors operates through two business segments: Powertrain Solutions and Alloys & Metallics (A&M). Its portfolio includes gears, transmissions, CVTs, EV powertrains, electric motors, and precision drivetrain components used in two-wheelers, passenger vehicles, e-bikes, heavy-duty mobility, and aerospace applications.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
1,188.35 |
1,089.59 |
1,064.39 |
|
EBITDA |
147.78 |
114.01 |
86.28 |
|
Profit After Tax (PAT) |
41.17 |
32.79 |
17.04 |
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