Hero Motors IPO: SEBI Approves Rs 1,200 Cr Issue

By Business DeskHero Motors IPO: SEBI Approves Rs 1,200 Cr Issue

Hero Motors gets SEBI nod for its Rs 1,200 crore IPO, featuring a fresh issue and offer-for-sale. Funds allocated for debt repayment and expansion.

Hero Motors secured SEBI approval in September 2025 for its Rs 1,200 crore Initial Public Offering, structured to include both a fresh issue and an offer-for-sale component.

IPO Structure Confirmed

The approved offer comprises a fresh issue of Rs 800 crore, alongside an offer-for-sale amounting to Rs 400 crore.

Despite market discussions suggesting a potential reduction to Rs 1,000 crore, no official changes have been filed for the approved offer.

Funds Earmarked

Proceeds from the fresh issue component are designated for specific corporate objectives:

  • Debt Repayment: Rs 285 crore
  • Capacity Expansion: Rs 237 crore
  • General Corporate Purposes

Previous Attempts and Performance

Hero Motors had previously withdrawn a Rs 900 crore IPO filing in October 2024, opting to refile for the larger current offer.

In FY2024, the company reported a 67% decline in net profit, even as its revenue increased during the same period.

Investors are advised to closely monitor official announcements from Hero Motors for the definitive offer details, including final pricing and precise launch dates.

Home/auto/Article