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Hero Motors IPO IPO

Minimum Investment

Price Range

0.00

Lot Size

0 shares

Issue Size

1000CR

About the Company

Hero Motors Limited is one of India's automotive technology companies, specializing in the design, development, manufacturing, and supply of highly engineered powertrain solutions for automotive original equipment manufacturers (OEMs) across the United States, Europe, India, and the ASEAN region.

Issue Type

Bookbuilding IPO

IPO Objectives

  • 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
  • Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes(

Important Dates

Bid/Offer Opens On
Bid/Offer Closes On
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat
IPO Listing Date

Grey Market Premium (GMP)

Registrar

Kfin Technologies Ltd.

Lead Managers

  • ICICI Securities Ltd. Dam Capital Advisors Ltd. JM Financial Ltd.

Company Promoters

  • Pankaj Munjal
  • Charu Munjal
  • Abhishek Munjal and O P Munjal Holdings.