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Listing
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Issue Size
[.] shares (agg. up to ₹1,200 Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 1,177.79 | 1,059.86 | 992.02 | 703.13 |
| Total Income | 823.80 | 1,083.42 | 1,070.00 | 921.15 |
| Profit After Tax | 22.39 | 17.04 | 40.51 | 99.02 |
| EBITDA | 75.38 | 82.81 | 97.35 | 167.93 |
| NET Worth | 412.01 | 385.44 | 344.47 | 159.11 |
| Reserves and Surplus | 745.72 | 710.88 | 709.37 | 124.51 |
| Total Borrowing | 374.00 | 304.00 | 269.61 | 265.39 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| SEDEMAC Mechatronics Ltd. | Mainboard | ₹1,087.35 Cr | ₹1352 | 126.91 | ₹1,451.10 | +7.33% | ₹2,749.90 (-0.76%) |
| Tenneco Clean Air India Ltd. | Mainboard | ₹3,600.00 Cr | ₹397 | 28.97 | ₹490.80 | +23.63% | ₹543.40 (-2.68%) |
| Studds Accessories Ltd. | Mainboard | ₹455.49 Cr | ₹585 | 33.06 | ₹560.30 | -4.22% | ₹442.60 (-0.62%) |
| Happy Steels Ltd. | SME | ₹25.00 Cr | ₹66 | 9.76 | ₹68.50 | +3.79% | ₹62.45 (+0.73%) |
| Autofurnish Ltd. | SME | ₹14.60 Cr | ₹41 | 11.64 | ₹45.15 | +10.12% | ₹55.05 (-0.45%) |
| Gallard Steel Ltd. | SME | ₹37.50 Cr | ₹150 | 17.31 | ₹234.25 | +56.17% | ₹157.00 (+0.00%) |
| Sellowrap Industries Ltd. | SME | ₹30.28 Cr | ₹83 | 8.4 | ₹94.50 | +13.86% | ₹64.25 (-1.91%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by Company | 285.00 |
| 2 | Capital expenditure of Company through purchase of equipment for expansion in capacity of Gautam Buddha Nagar, Uttar Pradesh facility | 237.00 |
| 3 | Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes( | |
| Total | 522.00 |
About Hero Motors IPO
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. The company’s diverse product portfolio serves a wide range of mobility applications, 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) aircraft. Hero Motor Limited supplies powertrain solutions to globally recognized brands such as BMW AG, Ducati Motor Holding S.P.A., Enviolo International Inc., Formula Motorsport Ltd., Hummingbird EV, HWA AG, and leading global electric bicycle (e-bike) manufacturers. The company’s expertise extends beyond automotive applications into aerospace and other mobility sectors. Hero Motor Limited operates through two key business segments: Powertrain Solutions – Integrated systems designed to propel vehicles by converting energy into motion. Alloys and Metallics (A&M) – Advanced materials used in EVs, internal combustion engine vehicles (
Contact Details
Hero Motors Ltd. AddressHero Nagar,GT Road,LudhianaLudhiana, Punjab, 141003+ 91 120441200investorrelations@heromotors.comVisit Website