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NSE · BSE

IPO Center
HM

Hero Motors Limited IPO

UpcomingMainboard

— · ₹79 – ₹84 · ₹1,000 Cr

Last updated: 11 Sept 2026, 01:42 pm · 1h ago
  1. 16 Sep 2026Open Date
  2. 18 Sep 2026Close Date
  3. 21 Sep 2026Allotment Date
  4. 23 Sep 2026Listing Date
IPO Snapshot
23/ 100
Opportunity Score
🔴 Expensive
Broker Consensus
Avoid
GMP %
N/A
Subscription
0x
P/E
73.04x
ROE
8.56%
ROCE
19.77%
DRHP RHP

“Broker Consensus” is CAPITA1's algorithmic verdict from GMP, subscription, fundamentals & valuation — broker recommendations aren't in our data feed. GMP is an unofficial grey-market estimate. Not investment advice.

Hero Motors Limited IPO valuation · at upper band ₹84

🔴 Expensive
Market Cap (Post-IPO)
Not Available
Market Cap (Pre-IPO)
Not Available
Enterprise Value
Not Available
Earnings Per Share (EPS)
₹1.15
Net Asset Value per Share (NAV)
₹12.72
Price to Earnings (P/E) at upper band
73.04x
Price to Book (P/B)
6.60x
EV / EBITDA
Not Available
Return on Net Worth (RoNW)
8.53%
Return on Equity (ROE)
8.56%
Return on Capital Employed (ROCE)
19.77%
Debt to Equity (D/E)
Not Available
Formulas used (all at upper price band)
  • Market Cap (Post-IPO) = Upper Price × Post-issue Shares (Shares = Latest FY PAT ÷ EPS)
  • Market Cap (Pre-IPO) = Post-IPO Market Cap − Fresh Issue
  • Enterprise Value = Market Cap + Total Debt − Cash (cash assumed nil)
  • Total Debt = Debt/Equity × Net Worth
  • Net Worth = NAV (Book Value/Share) × Post-issue Shares
  • P/E Ratio = Upper Price ÷ EPS
  • P/B Ratio = Upper Price ÷ NAV
  • EV / EBITDA = Enterprise Value ÷ EBITDA

Company financials (EPS, NAV, ratios) from Issuer DRHP figures, compiled from public IPO listings. Ratios computed at the upper price band; not investment advice.

AI IPO AnalysisAI

DRHP / RHP IntelligenceAI

Generate an AI read of the offer document — business, risks, promoters, use of funds and an educational verdict, with citations back into the filing.

GMP (Grey Market Premium)

Not available.

No exchange publishes a grey-market premium; this is not investment advice.

Subscription

Overall
0x
QIB
—
HNI / NII
—
Retail
—
Employee
—

Updated 11 Sept 2026, 01:42 pm

Timeline

Open Date
16 Sept 2026
Close Date
18 Sept 2026
Allotment
21 Sept 2026
Refund
22 Sept 2026
Demat Credit
22 Sept 2026
Listing
23 Sept 2026

Lot Size & Offer

Lot Size
178 shares
Min Investment
₹14,952
Fresh Issue
₹600 Cr
Offer for Sale
₹400 Cr

Issue Structure

Issue Type
Book Building
Face Value
₹10
Fresh Issue
₹600 Cr

New shares — the money goes to the company.

Offer for Sale
₹400 Cr

Existing shares — the money goes to the selling shareholders.

Retail Application Cap
₹2,00,000

Regulatory maximum for one retail application.

As stated in the issue information filed with NSE.

Reservation

QIB
50%
NII / HNI
15%
Retail
35%
Employee
Not Available

Objectives of the Issue

  • Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by our Company
  • Capital expenditure of our Company through purchase of equipment for expansion in capacity of our Gautam Buddha Nagar, Uttar Pradesh facility
  • Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes

Financial Highlights (₹ Cr)

Not Available

Revenue Growth
Not Available
PAT Growth
Not Available
EBITDA
Not Available
EBITDA Margin
12.44%
ROE
8.56%
ROCE
19.77%
Debt / Equity
Not Available
Net Worth
Not Available

Promoter Holding

Pre-Issue
Not Available
Post-Issue
Not Available

Registrar & Managers

Registrar
KFin Technologies Limited
Contact Person
M. Murali Krishna
Email
heromotors.ipo@kfintech.com
Phone
+91 40 6716 2222
Address
301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Kurla, Mumbai 400070 Maharashtra, India
Book Running Lead Managers
  • ICICI Securities Limited
  • DAM Capital Advisors Limited and JM Financial Limited

Offer Documents

RHP DRHP Basis of Issue Price Bidding Centres

Market data: NSE (official calendar, issue filing and subscription) · CAPITA1 desk (GMP) · updated 11 Sept 2026, 01:42 pm

Fundamentals: Issuer DRHP figures, compiled from public IPO listings · fetched 11 Sept 2026, 01:42 pm

IPO calendar, issue details and subscription from NSE. Any grey-market premium shown is CAPITA1’s own unofficial estimate, entered by hand — not investment advice, and no exchange publishes one. Company fundamentals (financials, peers) are not part of the live feed.

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