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Hero Motors’ income from operations stood at ₹1,064.39 crore in fiscal 12 months 2024, and revenue after tax stood at ₹17.04 crore. File | Photo Credit: The Hindu
The IPO is a mix of a contemporary concern of fairness shares value ₹800 crore and an offer-for-sale (OFS) of shares value ₹400 crore by promoters, in keeping with the draft papers filed on Monday (June 30, 2025).
As part of the OFS, O.P. Munjal Holdings can be offloading shares to the tune of ₹390 crore, and Bhagyoday Investments and Hero Cycles will divest shares valued at ₹5 crore every.
Proceeds from the contemporary concern to the extent of ₹285 crore can be used for fee of debt, and ₹237 crore for the acquisition of kit for capability growth on the firm’s facility in Gautam Buddha Nagar, Uttar Pradesh.
Also, a portion can be utilised for funding inorganic progress via unidentified acquisitions and different strategic initiatives and common company functions.
The firm plans to mobilise as much as ₹160 crore within the pre-IPO spherical. If it completes the pre-IPO placement, the contemporary concern dimension will get diminished to the extent of such quantity.
In August 2024, Hero Motors filed preliminary papers with SEBI to boost ₹900 crore via an preliminary share sale. Later in October, the corporate withdrew its draft paperwork.
Hero Motors is one in all India’s main automotive know-how corporations engaged in designing, growing, manufacturing and supplying extremely engineered powertrain options catering to automotive authentic tools producers (OEMs) within the United States, Europe, India and the Association of Southeast Asian Nations (ASEAN,) area.
It caters to the necessities of its international clients, together with BMW AG, Ducati Motor Holding SPA, Enviolo International Inc. and Formula Motorsport Ltd. and Hummingbird EV.
As of December 31, 2024, the corporate operated six manufacturing amenities unfold throughout India, the United Kingdom, and Thailand.
Hero Motors’ income from operations stood at ₹1,064.39 crore in fiscal 12 months 2024, and revenue after tax stood at ₹17.04 crore.
ICICI Securities, DAM Capital Advisors, and JM Financial are the book-running lead managers to the problem.
Published – July 01, 2025 11:04 pm IST
