Hero Motors Limited’s Initial Public Offering to open on Wednesday, 16 September, 2026, price band set at Rs 79 – Rs 84 per Equity Share

MUMBAI: Hero Motors Limited has fixed the price band of ₹ 79- to ₹ 84 – per Equity Share of face value ₹10/- each for its maiden initial public offer.

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Wednesday, 16 September, 2026, for subscription and close on Friday, 18 September, 2026. Investors can bid for a minimum of 178 Equity Shares and in multiples of 178 Equity Shares thereafter.

The IPO is a combination of a fresh issue of up to Rs 600 crore and an offer-for-sale of equity shares up to Rs 400 crore by Promoters – O P Munjal Holdings, and Hero Cycles Limited. The management team present at the IPO announcement were, Mr. Pankaj M. Munjal, Chairman, Mr. Abhishek Munjal, Director, Mr. Amit Gupta, Managing Director & CEO, Mr. Keshav Misra, Director and Mr. Utkarsh Sanghi, Chief Financial Officer