Basis Of Allotment

Hero Motors Ltd.
Issue Open Date 16-Sep-26  
Issue Closing Date 18-Sep-26  
Application Money 100  
Allotment Money  
Price Band (Rs.) 79 - 84  
Minimum Bid Quantity. 178  
Issue Size (Shares) 88607596  
Market Lot 1  
Objective :

1. Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by our Company;2. Capital expenditure of our Company through purchase of equipment required for expansion in capacity of our Gautam Buddha Nagar, Uttar Pradesh facility; and3. Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.

Business Description

We are one of India’s leading automotive technology companies (Source: CRISIL Report) engaged in designing,developing, manufacturing and supplying highly engineered powertrain sol...

Promoter's Holding
Total Share Capital   327540186  
Offered to Public   88607596  
Promoter's Holding (Pre-Issue)   84.67  
Promoter's Holding (Post-Issue)   61.08  
Address
Hero Nagar
G T Road

Ludhiana ,
Punjab ,
141003
Phone : 0120-4412 000
Email : investorrelations@heromotors.com
Website : www.heromotors.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.)
ICICI Securities Ltd
JM Financial Ltd.
Promoters
Abhishek Munjal
Charu Munjal
O P Munjal Holdings
Pankaj Munjal