Hero Motors IPO
₹14,952 /178 shares
Minimum Investment
Hero Motors IPO Details
Min. Investment
₹14,952
Lot Size
178
Price Range
₹79 to ₹84
Issue Size
1000CR
About Hero Motors Ltd.
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.
Subscription Figures 16 Sep, 2026 12:37
- QIB 0x
- NII 0.65x
- NII ( >10 lakh) 0.3x
- NII ( <10 lakh) 1.34x
- Retail 1.47x
- Total 0.88x
Strengths & Financials of Hero Motors Ltd.
Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.- The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
- The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
- The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.
Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.- The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
- The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
- The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.
Tentative Date / Timetable
| Bid/Offer Opens On | Sep 16, 2026 |
| Bid/Offer Closes On | Sep 18, 2026 |
| Finalisation of Basis of Allotment | Sep 21, 2026 |
| Initiation of Refunds | Sep 22, 2026 |
| Credit of Shares to Demat Acct | Sep 22, 2026 |
| IPO Shares Listing Date | Sep 23, 2026 |
Company Promoters
| 1. | Pankaj Munjal |
| 2. | Charu Munjal |
| 3. | Abhishek Munjal and O P Munjal Holdings. |
Lead Managers
| 1. | ICICI Securities Ltd. Dam Capital Advisors Ltd. JM Financial Ltd. |
Contact Information
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IPO Registrar
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