Hero Motors Limited

Hero Motors Limited is an Indian automotive technology company engaged in the design, development, and manufacturing of precision powertrain systems and alloy transmission components. The company supplies high-precision gear assemblies, transmission modules, and drive units to leading global automotive original equipment manufacturers (OEMs). Its product offerings cover two-wheelers, passenger cars, commercial vehicles, and off-highway platforms across both internal combustion engine and electric vehicle categories. Established in 1998, Hero Motors operates state-of-the-art production facilities located at Gautam Buddha Nagar in Uttar Pradesh and Ludhiana in Punjab. The enterprise has extended its operational footprint into international markets, including Europe and the ASEAN region, through strategic corporate acquisitions and joint ventures. It maintains specialized infrastructure for gear tooling, heat treatment, and sub-assembly integration to serve an international clientele. The organization focuses on electric mobility transitions, developing integrated e-bike drive systems and specialized motor drive assemblies for electric cycles and light electric vehicles. Driven by continuous research and development, Hero Motors aims to strengthen its market position by expanding manufacturing capacity, enhancing automated production lines, and deepening supplier relationships with Tier-1 automotive partners across North America, Europe, and Asia.

Hero Motors completed an anchor placement raising Rs 300 crore from institutional investors on September 15, 2026. The company allocated 3,57,14,285 equity shares at the cap price of Rs 84 per share. Key participants included ICICI Prudential Mutual Fund, Kotak Mahindra Mutual Fund, and JM Financial Mutual Fund. A 30-day lock-in applies to half of the anchor allotment, while the remaining half is locked in for 90 days.