Hero Motors sets ₹79–84 IPO band ahead of September 16 opening
Hero Motors’ ₹1,000 crore IPO is slated to open September 16–18, with ₹600 crore in fresh capital earmarked for debt repayment, Gautam Buddha Nagar capacity expansion, acquisitions and general corporate purposes.
What happened
Hero Motors will open its Rs 1,000 crore IPO on September 16 at Rs 79-84 per share. Fresh-issue proceeds will fund debt repayment, capacity-expansion equipment
Key facts
- Rs 1,000 crore IPO
- September 16-18, 2026 subscription window
- Rs 79-84 per share price band
- Rs 600 crore fresh issue
- Rs 400 crore offer for sale
What changed
Hero Motors will open its Rs 1,000 crore IPO on September 16 at Rs 79-84 per share. Fresh-issue proceeds will fund debt repayment, capacity-expansion equipment at its Gautam Buddha Nagar facility, acquisitions and corporate purposes.
Why this matters
Hero Motors’ IPO-funded capacity expansion in Gautam Buddha Nagar could support higher production scale, while debt repayment may ease operating pressure.