{"id":53290,"date":"2026-09-11T18:28:26","date_gmt":"2026-09-11T12:58:26","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=53290"},"modified":"2026-09-11T18:28:26","modified_gmt":"2026-09-11T12:58:26","slug":"hero-motors-ipo","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/","title":{"rendered":"Hero Motors IPO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"53290\" class=\"elementor elementor-53290\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6aa5099 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6aa5099\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cc9d153\" data-id=\"cc9d153\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aa45315 elementor-widget elementor-widget-text-editor\" data-id=\"aa45315\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<!DOCTYPE html>\n<html lang=\"en\">\n<head>\n  <meta charset=\"UTF-8\" \/>\n  <meta name=\"viewport\" content=\"width=device-width, initial-scale=1.0\" \/>\n  <title>Hero Motors IPO \u2013 Flattrade Kosh<\/title>\n  <style>\n    \/* ==========================================================================\n       1. DESIGN TOKENS & RESET\n       ========================================================================== *\/\n    :root {\n      --brand-primary: #16a34a;\n      --brand-primary-hover: #15803d;\n      --brand-light: #f0fdf4;\n      --brand-border: #bbf7d0;\n      \n      --neutral-900: #0f172a;\n      --neutral-800: #1e293b;\n      --neutral-700: #334155;\n      --neutral-600: #475569;\n      --neutral-500: #64748b;\n      --neutral-200: #e2e8f0;\n      --neutral-100: #f1f5f9;\n      --neutral-50:  #f8fafc;\n      --surface:      #ffffff;\n      \n      --radius-sm: 6px;\n      --radius-md: 10px;\n      --radius-lg: 16px;\n      --radius-full: 9999px;\n      \n      --shadow-subtle: 0 1px 3px rgba(0, 0, 0, 0.04), 0 1px 2px rgba(0, 0, 0, 0.02);\n      --shadow-card: 0 4px 12px -2px rgba(15, 23, 42, 0.06), 0 2px 6px -2px rgba(15, 23, 42, 0.04);\n      --shadow-hover: 0 12px 24px -4px rgba(15, 23, 42, 0.10);\n      \n      --font-stack: -apple-system, BlinkMacSystemFont, \"Segoe UI\", Roboto, Inter, \"Helvetica Neue\", sans-serif;\n    }\n\n    *, *::before, *::after {\n      box-sizing: border-box;\n      margin: 0;\n      padding: 0;\n    }\n\n    body {\n      font-family: var(--font-stack);\n      background-color: var(--neutral-50);\n      color: var(--neutral-700);\n      line-height: 1.75;\n      -webkit-font-smoothing: antialiased;\n    }\n\n    \/* ==========================================================================\n       2. LAYOUT WRAPPER\n       ========================================================================== *\/\n    .cmr-article-wrapper {\n      max-width: 760px;\n      margin: 32px px 64px;\n      background: var(--surface);\n      border: 1px solid var(--neutral-200);\n      border-radius: var(--radius-lg);\n      padding: 40px 32px;\n      box-shadow: var(--shadow-card);\n    }\n\n    \/* ==========================================================================\n       3. HEADER & META\n       ========================================================================== *\/\n    .meta-bar {\n      display: flex;\n      align-items: center;\n      gap: 10px;\n      margin-bottom: 18px;\n    }\n\n    .tag-badge {\n      display: inline-flex;\n      align-items: center;\n      gap: 6px;\n      background: var(--brand-light);\n      color: var(--brand-primary);\n      border: 1px solid var(--brand-border);\n      border-radius: var(--radius-full);\n      padding: 3px 12px;\n      font-size: 11px;\n      font-weight: 700;\n      letter-spacing: 0.06em;\n      text-transform: uppercase;\n    }\n\n    .tag-badge::before {\n      content: \"\";\n      width: 6px;\n      height: 6px;\n      background-color: var(--brand-primary);\n      border-radius: 50%;\n    }\n\n    .meta-source {\n      font-size: 13px;\n      font-weight: 500;\n      color: var(--neutral-500);\n    }\n\n    h1.post-title {\n      font-size: 28px;\n      font-weight: 800;\n      color: var(--neutral-900);\n      line-height: 1.25;\n      letter-spacing: -0.02em;\n      margin-bottom: 24px;\n    }\n\n    h2.section-heading {\n      font-size: 19px;\n      font-weight: 700;\n      color: var(--neutral-900);\n      margin: 36px 0 16px;\n      letter-spacing: -0.01em;\n      display: flex;\n      align-items: center;\n      gap: 8px;\n    }\n\n    .cmr-article-wrapper p {\n      font-size: 15.5px;\n      margin-bottom: 18px;\n      color: var(--neutral-700);\n      text-align: justify;\n    }\n\n    .cmr-article-wrapper strong {\n      color: var(--neutral-900);\n      font-weight: 600;\n    }\n\n    \/* ==========================================================================\n       4. IPO AT A GLANCE GRID\n       ========================================================================== *\/\n    .cmr-glance-title {\n      font-size: 12px;\n      font-weight: 700;\n      color: var(--neutral-500);\n      text-transform: uppercase;\n      letter-spacing: 0.08em;\n      margin: 28px 0 14px;\n      display: flex;\n      align-items: center;\n      gap: 12px;\n    }\n\n    .cmr-glance-title::after {\n      content: '';\n      flex: 1;\n      height: 1px;\n      background: var(--neutral-200);\n    }\n\n    .cmr-glance-grid {\n      display: grid;\n      grid-template-columns: repeat(3, 1fr);\n      gap: 12px;\n      margin-bottom: 16px;\n    }\n\n    .cmr-glance-item {\n      background: var(--neutral-50);\n      border: 1px solid var(--neutral-200);\n      border-radius: var(--radius-md);\n      padding: 16px;\n      transition: all 0.2s ease-in-out;\n    }\n\n    .cmr-glance-item:hover {\n      background: var(--surface);\n      border-color: #cbd5e1;\n      transform: translateY(-2px);\n      box-shadow: var(--shadow-subtle);\n    }\n\n    .cmr-glance-item.cmr-highlight {\n      background: linear-gradient(145deg, #ffffff, var(--brand-light));\n      border-color: var(--brand-border);\n    }\n\n    .cmr-glance-item.cmr-highlight .cmr-g-value {\n      color: var(--brand-primary);\n    }\n\n    .cmr-g-label {\n      font-size: 11px;\n      color: var(--neutral-500);\n      text-transform: uppercase;\n      font-weight: 600;\n      letter-spacing: 0.04em;\n      margin-bottom: 4px;\n    }\n\n    .cmr-g-value {\n      font-size: 17px;\n      font-weight: 800;\n      color: var(--neutral-900);\n      line-height: 1.25;\n    }\n\n    .cmr-g-sub {\n      font-size: 12px;\n      color: var(--neutral-500);\n      margin-top: 4px;\n    }\n\n    .glance-badge {\n      background: var(--neutral-100);\n      border: 1px solid var(--neutral-200);\n      border-radius: var(--radius-sm);\n      padding: 10px 14px;\n      font-size: 13px;\n      color: var(--neutral-600);\n      margin-bottom: 28px;\n      font-weight: 500;\n      text-align: center;\n    }\n\n    \/* ==========================================================================\n       5. FEATURE LISTS\n       ========================================================================== *\/\n    .cmr-feature-list {\n      list-style: none;\n      padding: 0;\n      margin: 20px 0;\n      display: flex;\n      flex-direction: column;\n      gap: 12px;\n    }\n\n    .cmr-feature-list li {\n      position: relative;\n      padding-left: 28px;\n      font-size: 15px;\n      color: var(--neutral-700);\n    }\n\n    .cmr-feature-list li::before {\n      position: absolute;\n      left: 0;\n      top: 1px;\n      width: 18px;\n      height: 18px;\n      background: var(--brand-light);\n      color: var(--brand-primary);\n      border: 1px solid var(--brand-border);\n      border-radius: 50%;\n      display: flex;\n      align-items: center;\n      justify-content: center;\n      font-size: 11px;\n      font-weight: 800;\n    }\n\n    \/* ==========================================================================\n       6. TABLES (FINANCIAL & RESERVATION)\n       ========================================================================== *\/\n    .table-container {\n      width: 100%;\n      overflow-x: auto;\n      -webkit-overflow-scrolling: touch;\n      margin: 18px 0;\n      border: 1px solid var(--neutral-200);\n      border-radius: var(--radius-md);\n      background: var(--surface);\n    }\n\n    .fin-table, .res-table {\n      width: 100%;\n      border-collapse: collapse;\n      font-size: 14.5px;\n      text-align: left;\n    }\n\n    .fin-table th, .fin-table td,\n    .res-table th, .res-table td {\n      padding: 12px 18px;\n      border-bottom: 1px solid var(--neutral-200);\n    }\n\n    .fin-table thead tr, .res-table thead tr {\n      background: var(--neutral-100);\n    }\n\n    .fin-table th {\n      font-weight: 700;\n      color: var(--neutral-800);\n      text-align: right;\n    }\n\n    .fin-table th:first-child, .res-table th {\n      text-align: left;\n    }\n\n    .fin-table td {\n      color: var(--neutral-700);\n      text-align: right;\n      font-variant-numeric: tabular-nums;\n    }\n\n    .res-table td {\n      color: var(--neutral-700);\n      text-align: left;\n    }\n\n    .fin-table td:first-child, .res-table td:first-child {\n      text-align: left;\n      font-weight: 600;\n      color: var(--neutral-900);\n    }\n\n    .fin-table tbody tr:hover, .res-table tbody tr:hover {\n      background-color: var(--neutral-50);\n    }\n\n    .fin-table tbody tr:last-child td, .res-table tbody tr:last-child td {\n      border-bottom: none;\n    }\n\n    .fin-note {\n      font-size: 12px;\n      color: var(--neutral-500);\n      margin-top: 6px;\n      margin-bottom: 24px;\n    }\n\n    \/* ==========================================================================\n       7. KPI STATS CARDS\n       ========================================================================== *\/\n    .kpi-grid {\n      display: grid;\n      grid-template-columns: repeat(3, 1fr);\n      gap: 12px;\n      margin: 20px 0 28px;\n    }\n\n    .kpi-card {\n      background: var(--neutral-50);\n      border: 1px solid var(--neutral-200);\n      border-radius: var(--radius-md);\n      padding: 16px 12px;\n      text-align: center;\n      transition: all 0.2s ease;\n    }\n\n    .kpi-card:hover {\n      background: var(--surface);\n      border-color: var(--brand-border);\n      transform: translateY(-2px);\n      box-shadow: var(--shadow-subtle);\n    }\n\n    .kpi-card .kpi-value {\n      font-size: 20px;\n      font-weight: 800;\n      color: var(--brand-primary);\n      line-height: 1.2;\n    }\n\n    .kpi-card .kpi-label {\n      font-size: 11px;\n      color: var(--neutral-500);\n      text-transform: uppercase;\n      letter-spacing: 0.05em;\n      margin-top: 4px;\n      font-weight: 600;\n    }\n\n    \/* ==========================================================================\n       8. OBJECTS OF THE ISSUE LIST\n       ========================================================================== *\/\n    .objects-list {\n      list-style: none;\n      padding: 0;\n      margin: 20px 0;\n      display: flex;\n      flex-direction: column;\n      gap: 10px;\n    }\n\n    .objects-list li {\n      display: flex;\n      justify-content: space-between;\n      align-items: center;\n      padding: 14px 18px;\n      border-radius: var(--radius-md);\n      background: var(--neutral-50);\n      border: 1px solid var(--neutral-200);\n      font-size: 14.5px;\n    }\n\n    .objects-list li .obj-label {\n      color: var(--neutral-700);\n    }\n\n    .objects-list li .obj-amt {\n      font-weight: 700;\n      color: var(--neutral-900);\n      white-space: nowrap;\n      margin-left: 16px;\n      background: var(--surface);\n      padding: 2px 8px;\n      border-radius: var(--radius-sm);\n      border: 1px solid var(--neutral-200);\n    }\n\n    \/* ==========================================================================\n       9. VERDICT BOX & CTA\n       ========================================================================== *\/\n    .cmr-verdict-card {\n      background: linear-gradient(145deg, #ffffff 0%, var(--brand-light) 100%);\n      border: 1px solid var(--brand-border);\n      border-left: 5px solid var(--brand-primary);\n      padding: 24px;\n      border-radius: var(--radius-md);\n      margin: 36px 0;\n    }\n\n    .cmr-verdict-title {\n      font-size: 17px;\n      font-weight: 800;\n      color: var(--neutral-900);\n      margin-bottom: 8px;\n    }\n\n    .cta-wrap {\n      text-align: center;\n      margin: 36px 0 16px;\n    }\n\n    .cta-btn {\n      display: inline-flex;\n      align-items: center;\n      justify-content: center;\n      gap: 8px;\n      background: var(--brand-primary);\n      color: #ffffff !important;\n      font-size: 15px;\n      font-weight: 700;\n      text-decoration: none !important;\n      padding: 14px 36px;\n      border-radius: var(--radius-full);\n      box-shadow: 0 4px 14px rgba(22, 163, 74, 0.25);\n      transition: all 0.2s ease;\n      cursor: pointer;\n    }\n\n    .cta-btn:hover {\n      background: var(--brand-primary-hover);\n      transform: translateY(-2px);\n      box-shadow: 0 6px 20px rgba(22, 163, 74, 0.35);\n    }\n\n    .source-note {\n      font-size: 12px;\n      color: var(--neutral-500);\n      margin-top: 32px;\n      border-top: 1px solid var(--neutral-200);\n      padding-top: 14px;\n      text-align: center;\n    }\n\n    hr.divider {\n      border: none;\n      border-top: 1px solid var(--neutral-200);\n      margin: 32px 0;\n    }\n\n    \/* ==========================================================================\n       10. RESPONSIVE MOBILE BREAKPOINTS\n       ========================================================================== *\/\n    @media (max-width: 640px) {\n      .cmr-article-wrapper {\n        margin: 16px 12px;\n        padding: 24px 16px;\n        border-radius: var(--radius-md);\n      }\n\n      h1.post-title {\n        font-size: 22px;\n      }\n\n      .cmr-glance-grid {\n        grid-template-columns: repeat(2, 1fr);\n      }\n\n      .kpi-grid {\n        grid-template-columns: repeat(2, 1fr);\n      }\n\n      .objects-list li {\n        flex-direction: column;\n        align-items: flex-start;\n        gap: 6px;\n      }\n\n      .objects-list li .obj-amt {\n        margin-left: 0;\n      }\n\n      .cta-btn {\n        width: 100%;\n        padding: 14px 20px;\n      }\n    }\n  <\/style>\n<\/head>\n<body>\n\n<main class=\"cmr-article-wrapper\">\n\n\n\n  <!-- \u2500\u2500 IPO AT A GLANCE \u2500\u2500 -->\n  <div class=\"cmr-glance-title\">IPO Summary<\/div>\n  \n  <div class=\"cmr-glance-grid\">\n    <div class=\"cmr-glance-item cmr-highlight\">\n      <div class=\"cmr-g-label\">Price Band<\/div>\n      <div class=\"cmr-g-value\">\u20b979 \u2013 \u20b984<\/div>\n      <div class=\"cmr-g-sub\">FV: \u20b910 \/ share<\/div>\n    <\/div>\n\n    <div class=\"cmr-glance-item cmr-highlight\">\n      <div class=\"cmr-g-label\">Issue Dates<\/div>\n      <div class=\"cmr-g-value\">Sep 16 \u2013 18<\/div>\n      <div class=\"cmr-g-sub\">Year: 2026<\/div>\n    <\/div>\n\n    <div class=\"cmr-glance-item\">\n      <div class=\"cmr-g-label\">Lot Size<\/div>\n      <div class=\"cmr-g-value\">178 Shares<\/div>\n      <div class=\"cmr-g-sub\">Min: \u20b914,952<\/div>\n    <\/div>\n\n    <div class=\"cmr-glance-item\">\n      <div class=\"cmr-g-label\">Total Issue Size<\/div>\n      <div class=\"cmr-g-value\">\u20b91,000.00 Cr<\/div>\n      <div class=\"cmr-g-sub\">Fresh + OFS<\/div>\n    <\/div>\n\n    <div class=\"cmr-glance-item\">\n      <div class=\"cmr-g-label\">Listing At<\/div>\n      <div class=\"cmr-g-value\">BSE &amp; NSE<\/div>\n      <div class=\"cmr-g-sub\">Tentative: Sep 23<\/div>\n    <\/div>\n\n    <div class=\"cmr-glance-item\">\n      <div class=\"cmr-g-label\">Lead Manager<\/div>\n      <div class=\"cmr-g-value\" style=\"font-size: 14px;\">ICICI Securities<\/div>\n      <div class=\"cmr-g-sub\">Reg: Kfin Tech<\/div>\n    <\/div>\n  <\/div>\n\n \n\n  <!-- \u2500\u2500 ABOUT THE COMPANY \u2500\u2500 -->\n  <h2 class=\"section-heading\">About the Business<\/h2>\n  <p>\n    Incorporated in <strong>April 1998<\/strong>, Hero Motors Limited is a high-precision automotive technology company specializing in the design, development, manufacturing, and supply of advanced powertrain solutions for automotive original equipment manufacturers (OEMs) across the United States, Europe, India, and the ASEAN region.\n  <\/p>\n  <p>\n    The company delivers comprehensive system-level and component-level powertrain architectures covering electric, hybrid, and internal combustion drivetrains across two-wheelers, performance cars, e-bikes, off-road vehicles, heavy-duty mobility, and emerging eVTOL applications. Hero Motors holds a commanding first-mover position in the global e-bike drivetrain space and is the only manufacturer in India producing and exporting Continuously Variable Transmission (CVT) hubs and integrated electric powertrain units.\n  <\/p>\n\n  <ul class=\"cmr-feature-list\">\n    <li><strong>Two Diversified Operating Segments:<\/strong> <em>Powertrain Solutions<\/em> (comprising Gears &amp; Transmissions for automotive applications and Bike Powertrain for micro-mobility\/e-bikes) alongside <em>Alloys and Metallics (A&amp;M)<\/em> (providing structural sheet metal and tubular assemblies).<\/li>\n    <li><strong>Deep Technological Expertise:<\/strong> In-house engineering capabilities spanning EV transmissions, electric motors, integrated drive units, gear sets, and CVT hubs.<\/li>\n    <li><strong>Marquee Global OEM Clientele:<\/strong> Entrenched tier-1 relationships with elite global automotive and mobility brands including BMW, Ducati, enviolo, Formula Motorsport, Hummingbird EV, and HWA, in addition to leading global e-bike manufacturers.<\/li>\n    <li><strong>Engineering &amp; Operational Scale:<\/strong> Supported by a dedicated workforce of 1,388 permanent professionals and 707 contract personnel as of March 31, 2026.<\/li>\n  <\/ul>\n\n  <p>\n    The company&#8217;s promoters are <strong>Pankaj Munjal, Charu Munjal, Abhishek Munjal, and O P Munjal Holdings<\/strong>.\n  <\/p>\n\n  <hr class=\"divider\" \/>\n\n  <!-- \u2500\u2500 FINANCIALS \u2500\u2500 -->\n  <h2 class=\"section-heading\">Financial Overview<\/h2>\n  <p>\n    Hero Motors Ltd. has sustained consistent top-line and operating profit momentum, with total income expanding to \u20b91,216.74 Cr in FY26 and profit after tax (PAT) advancing by 26% year-on-year.\n  <\/p>\n\n  <div class=\"table-container\">\n    <table class=\"fin-table\">\n      <thead>\n        <tr>\n          <th>Metric (\u20b9 Cr)<\/th>\n          <th>FY 2026<\/th>\n          <th>FY 2025<\/th>\n          <th>FY 2024<\/th>\n        <\/tr>\n      <\/thead>\n      <tbody>\n        <tr><td>Total Income<\/td><td>\u20b91,216.74<\/td><td>\u20b91,111.23<\/td><td>\u20b91,083.42<\/td><\/tr>\n        <tr><td>Operating EBITDA<\/td><td>\u20b9147.78<\/td><td>\u20b9114.00<\/td><td>\u20b986.28<\/td><\/tr>\n        <tr><td>PAT (Profit After Tax)<\/td><td>\u20b941.17<\/td><td>\u20b932.80<\/td><td>\u20b917.04<\/td><\/tr>\n        <tr><td>Net Worth<\/td><td>\u20b9482.45<\/td><td>\u20b9423.95<\/td><td>\u20b9385.44<\/td><\/tr>\n        <tr><td>Reserves &amp; Surplus<\/td><td>\u20b9116.32<\/td><td>\u20b967.71<\/td><td>\u20b932.26<\/td><\/tr>\n        <tr><td>Total Borrowings<\/td><td>\u20b9400.79<\/td><td>\u20b9407.62<\/td><td>\u20b9304.00<\/td><\/tr>\n        <tr><td>Total Assets<\/td><td>\u20b91,371.83<\/td><td>\u20b91,164.62<\/td><td>\u20b91,059.86<\/td><\/tr>\n      <\/tbody>\n    <\/table>\n  <\/div>\n  <p class=\"fin-note\">Restated Consolidated Figures &nbsp;|&nbsp; Source: RHP Filings<\/p>\n\n  <!-- \u2500\u2500 KPIS \u2500\u2500 -->\n  <h2 class=\"section-heading\">Key Financial Metrics (FY26)<\/h2>\n  <div class=\"kpi-grid\">\n    <div class=\"kpi-card\">\n      <div class=\"kpi-value\">19.77%<\/div>\n      <div class=\"kpi-label\">ROCE<\/div>\n    <\/div>\n    <div class=\"kpi-card\">\n      <div class=\"kpi-value\">12.44%<\/div>\n      <div class=\"kpi-label\">EBITDA Margin<\/div>\n    <\/div>\n    <div class=\"kpi-card\">\n      <div class=\"kpi-value\">8.56%<\/div>\n      <div class=\"kpi-label\">Return on Equity<\/div>\n    <\/div>\n    <div class=\"kpi-card\">\n      <div class=\"kpi-value\">0.83<\/div>\n      <div class=\"kpi-label\">Debt \/ Equity<\/div>\n    <\/div>\n    <div class=\"kpi-card\">\n      <div class=\"kpi-value\">\u20b90.91<\/div>\n      <div class=\"kpi-label\">Post-IPO EPS<\/div>\n    <\/div>\n    <div class=\"kpi-card\">\n      <div class=\"kpi-value\">92.31x<\/div>\n      <div class=\"kpi-label\">Post-IPO P\/E<\/div>\n    <\/div>\n  <\/div>\n\n  <hr class=\"divider\" \/>\n\n  <!-- \u2500\u2500 ISSUE RESERVATION \u2500\u2500 -->\n  <h2 class=\"section-heading\">Issue Reservation<\/h2>\n  <div class=\"table-container\">\n    <table class=\"res-table\">\n      <thead>\n        <tr>\n          <th>Investor Category<\/th>\n          <th>Allocation Limit<\/th>\n        <\/tr>\n      <\/thead>\n      <tbody>\n        <tr><td>QIB Shares Offered<\/td><td>Not more than 50% of the Offer<\/td><\/tr>\n        <tr><td>Retail (RII) Shares Offered<\/td><td>Not less than 35% of the Offer<\/td><\/tr>\n        <tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Offer<\/td><\/tr>\n      <\/tbody>\n    <\/table>\n  <\/div>\n\n  <hr class=\"divider\" \/>\n\n  <!-- \u2500\u2500 OBJECTS OF ISSUE \u2500\u2500 -->\n  <h2 class=\"section-heading\">Objects of the Issue<\/h2>\n  <p>\n    The net proceeds from the \u20b9600.00 Cr fresh issue segment are earmarked for the following strategic objectives:\n  <\/p>\n  <ul class=\"objects-list\">\n    <li>\n      <span class=\"obj-label\">Repayment, prepayment, or redemption, in full or in part, of certain outstanding borrowings<\/span>\n      <span class=\"obj-amt\">\u20b9190.00 Cr<\/span>\n    <\/li>\n    <li>\n      <span class=\"obj-label\">Capital expenditure for equipment purchases to expand capacity at the Gautam Buddha Nagar (UP) facility<\/span>\n      <span class=\"obj-amt\">\u20b9200.00 Cr<\/span>\n    <\/li>\n    <li>\n      <span class=\"obj-label\">Funding inorganic growth via strategic acquisitions and general corporate purposes<\/span>\n      <span class=\"obj-amt\">Balance<\/span>\n    <\/li>\n  <\/ul>\n\n  <!-- \u2500\u2500 VERDICT CARD \u2500\u2500 -->\n  <div class=\"cmr-verdict-card\">\n    <div class=\"cmr-verdict-title\">The Final Verdict<\/div>\n    <p>\n      Hero Motors Limited brings together strong corporate pedigree from the Pankaj Munjal branch of the Hero enterprise with high-value technical manufacturing capabilities. The company has built significant moats around precision powertrain manufacturing, emerging as a sole domestic exporter of integrated e-bike CVT transmissions while supplying tier-1 platforms like BMW and Ducati.\n    <\/p>\n    <p style=\"margin-top: 10px;\">\n      Proceeds from the \u20b9600 Cr primary tranche will immediately reduce balance sheet risk by paying down \u20b9190 Cr in borrowings (bringing Debt\/Equity well below the current 0.83x level) while allocating \u20b9200 Cr toward capacity expansion in Uttar Pradesh. At the upper price band of \u20b984, the issue commands a post-issue P\/E of 92.31x against a market capitalization of \u20b93,815.41 Cr. While this represents a high premium compared to traditional auto component peers, the scarcity value of global micro-mobility drivetrains and EV supply contracts makes Hero Motors an attractive proposition for long-term growth investors.\n    <\/p>\n  <\/div>\n\n  <!-- \u2500\u2500 CTA BUTTON \u2500\u2500 -->\n  <div class=\"cta-wrap\">\n    <a class=\"cta-btn\" href=\"https:\/\/novo.flattrade.in\/\" target=\"_blank\" rel=\"noopener\">\n      Apply for Hero Motors IPO on Flattrade &rarr;\n    <\/a>\n  <\/div>\n\n  <div class=\"source-note\">Source: Chittorgarh IPO Filings<\/div>\n\n<\/main>\n\n<\/body>\n<\/html>\n\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-10ff175 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"10ff175\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-eade615\" data-id=\"eade615\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0d901af elementor-widget elementor-widget-text-editor\" data-id=\"0d901af\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/google.com\/preferences\/source?q=https:\/\/flattrade.in\/\" class=\"ft-google-mini-btn\">\n\n\n    <div class=\"mini-btn-content\">\n\n        <span class=\"mini-top\">\n            Stay updated with\n        <\/span>\n\n        <span class=\"mini-main\">\n\n            <span class=\"flattrade-logo\">\n                FLAT<span>TRADE<\/span>\n                <small>KOSH<\/small>\n            <\/span>\n            \n\n            on\n\n            <span class=\"google-text\">\n                <span class=\"g-blue\">G<\/span><span class=\"g-red\">o<\/span><span class=\"g-yellow\">o<\/span><span class=\"g-blue\">g<\/span><span class=\"g-green\">l<\/span><span class=\"g-red\">e<\/span>\n            <\/span>\n\n            <span class=\"arrow\">\u2197<\/span>\n\n        <\/span>\n\n        <span class=\"mini-desc\">\n            Get market insights, IPO updates, and finance explainers more easily.\n        <\/span>\n\n    <\/div>\n\n<\/a>\n\n<style>\n\n\/* =========================\n   FONT\n========================= *\/\n\n\n\/* =========================\n   GLOBAL\n========================= *\/\n\n*{\n    box-sizing:border-box;\n}\n\n\/* =========================\n   BUTTON\n========================= *\/\n\n.ft-google-mini-btn{\n\n    position:relative;\n\n    display:inline-flex;\n\n    align-items:center;\n\n    gap:14px;\n\n    width:100%;\n    max-width:420px;\n\n    padding:14px 16px;\n\n    border-radius:18px;\n\n    text-decoration:none;\n\n    overflow:hidden;\n\n    font-family:'Plus Jakarta Sans',sans-serif;\n\n    border:1px solid #e5ebf5;\n\n    background:\n    linear-gradient(\n        135deg,\n        #ffffff 0%,\n        #f8fbff 50%,\n        #f4f8fd 100%\n    );\n\n    box-shadow:\n    0 3px 8px rgba(15,23,42,0.03),\n    0 10px 20px rgba(15,23,42,0.05);\n\n    transition:\n    transform 0.25s ease,\n    box-shadow 0.25s ease;\n}\n\n\/* =========================\n   HOVER\n========================= *\/\n\n.ft-google-mini-btn:hover{\n\n    transform:translateY(-2px);\n\n    box-shadow:\n    0 8px 18px rgba(15,23,42,0.06),\n    0 18px 30px rgba(37,99,235,0.07);\n}\n\n\/* =========================\n   GOOGLE ICON\n========================= *\/\n\n.google-icon{\n\n    width:42px;\n\n    height:42px;\n\n    min-width:42px;\n}\n\n\/* =========================\n   CONTENT\n========================= *\/\n\n.mini-btn-content{\n    display:flex;\n    flex-direction:column;\n}\n\n\/* =========================\n   TOP TEXT\n========================= *\/\n\n.mini-top{\n\n    font-size:11px;\n\n    line-height:1.3;\n\n    font-weight:700;\n\n    color:#64748b;\n\n    margin-bottom:2px;\n}\n\n\/* =========================\n   MAIN TEXT\n========================= *\/\n\n.mini-main{\n\n    font-size:15px;\n\n    line-height:1.35;\n\n    font-weight:800;\n\n    color:#0f172a;\n}\n\n\/* =========================\n   FLATTRADE LOGO\n========================= *\/\n\n.flattrade-logo{\n\n    position:relative;\n\n    display:inline-block;\n\n    font-size:15px;\n\n    font-weight:800;\n\n    letter-spacing:-0.3px;\n\n    color:#111827;\n}\n\n.flattrade-logo span{\n    color:#2563eb;\n}\n\n.flattrade-logo small{\n\n    position:absolute;\n\n    right:-1px;\n\n    bottom:-5px;\n\n    font-size:4px;\n\n    font-weight:800;\n\n    color:#2563eb;\n\n    letter-spacing:0.4px;\n}\n\n\/* =========================\n   GOOGLE COLORS\n========================= *\/\n\n.google-text{\n    font-weight:800;\n}\n\n.g-blue{\n    color:#4285F4;\n}\n\n.g-red{\n    color:#EA4335;\n}\n\n.g-yellow{\n    color:#FBBC05;\n}\n\n.g-green{\n    color:#34A853;\n}\n\n\/* =========================\n   ARROW\n========================= *\/\n\n.arrow{\n    color:#2563eb;\n}\n\n\/* =========================\n   DESCRIPTION\n========================= *\/\n\n.mini-desc{\n\n    margin-top:4px;\n\n    font-size:10px;\n\n    line-height:1.5;\n\n    font-weight:500;\n\n    color:#64748b;\n}\n\n\/* =========================\n   MOBILE\n========================= *\/\n\n@media(max-width:480px){\n\n    .ft-google-mini-btn{\n\n        max-width:100%;\n\n        padding:12px 14px;\n\n        border-radius:16px;\n    }\n\n    .google-icon{\n\n        width:36px;\n\n        height:36px;\n\n        min-width:36px;\n    }\n\n    .mini-main,\n    .flattrade-logo{\n        font-size:13px;\n    }\n\n    .mini-desc{\n        font-size:9px;\n    }\n\n}\n\n.ft-google-mini-btn {\n    position: relative;\n    display: inline-flex;\n    align-items: center;\n    gap: 14px;\n    width: 100%;\n    max-width: 420px;\n    padding: 14px 16px;\n    border-radius: 18px;\n    text-decoration: none;\n    overflow: hidden;\n    font-family: 'Plus Jakarta Sans', sans-serif;\n\n    \/* --- ENHANCED BORDER --- *\/\n    border: 2px solid #2563eb; \/* Using the brand blue for a strong identity *\/\n    \/* Alternative: border: 1.5px solid #cbd5e1; for a subtle slate grey *\/\n    \n    background: linear-gradient(135deg, #ffffff 0%, #f8fbff 50%, #f4f8fd 100%);\n    box-shadow: 0 3px 8px rgba(15,23,42,0.03), 0 10px 20px rgba(15,23,42,0.05);\n    transition: all 0.25s ease;\n}\n\n\/* =========================\n   HOVER STATE BORDER\n========================= *\/\n.ft-google-mini-btn:hover {\n    transform: translateY(-2px);\n    border-color: #c5d4ff; \/* Darkens the border slightly on hover *\/\n    box-shadow: 0 8px 12px rgba(37,99,235,0.15);\n}\n\n\n\n<\/style>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-476408e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"476408e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-09ca562\" data-id=\"09ca562\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6c87e9c elementor-widget elementor-widget-text-editor\" data-id=\"6c87e9c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<a class=\"ft-inline-light-cta\" href=\"https:\/\/instakyc.flattrade.in\/Signup?utm_source=Blog&#038;utm_medium=organic&#038;utm_campaign=Zero+Brokerage\" target=\"_blank\" rel=\"noopener\">\n  <div class=\"cta-light-content\">\n    <h2>Ready to Start Investing?<\/h2>\n    <p>Open a free Demat account with Flattrade \u2013 <strong>ZERO BROKERAGE ON ALL SEGMENTS<\/strong>. Your first step costs nothing.<\/p>\n    <span class=\"cta-light-btn-element\">Open Free Account<\/span>\n  <\/div>\n<\/a>\n\n<style>\n\/* ==========================================================================\n   FLATTRADE INDEPENDENT CTA ELEMENT (PRESERVED ORIGINAL LIGHT DESIGN)\n   ========================================================================== *\/\n\n@import url('https:\/\/fonts.googleapis.com\/css2?family=Inter:wght@400;500;600;700&display=swap');\n\n.ft-inline-light-cta {\n  width: 100%;\n  max-width: 680px;\n  margin: 1.5rem auto;\n  display: flex;\n  flex-direction: column;\n  align-items: center;\n  justify-content: center;\n  text-decoration: none;\n  position: relative;\n  overflow: hidden;\n  text-align: center;\n  border-radius: 12px;\n  \n  \/* Original Light Layout Properties *\/\n  background: #ffffff;\n  color: #1a2a40;\n  padding: clamp(1.75rem, 5vw, 2.75rem) clamp(1rem, 4vw, 2.25rem);\n  box-shadow: 0 8px 24px rgba(10, 22, 40, 0.06);\n  border: 1px solid #e2e8f0;\n  font-family: 'Inter', sans-serif;\n  transition: transform 0.2s ease, box-shadow 0.2s ease;\n}\n\n\/* Original radial light brand glow element *\/\n.ft-inline-light-cta::before {\n  content: '';\n  position: absolute;\n  top: -40%;\n  right: -20%;\n  width: clamp(160px, 35vw, 280px);\n  height: clamp(160px, 35vw, 280px);\n  background: radial-gradient(circle, rgba(0, 102, 204, 0.05) 0%, rgba(0,0,0,0) 70%);\n  pointer-events: none;\n}\n\n.cta-light-content {\n  display: flex;\n  flex-direction: column;\n  align-items: center;\n  justify-content: center;\n  width: 100%;\n  position: relative;\n  z-index: 2;\n}\n\n\/* Original Title Light Styling *\/\n.ft-inline-light-cta h2 {\n  color: #0a1628;\n  font-size: clamp(19px, 3.8vw, 24px);\n  font-weight: 700;\n  margin-bottom: 10px;\n  line-height: 1.3;\n  letter-spacing: -0.02em;\n  width: 100%;\n}\n\n\/* Original Paragraph Light Styling *\/\n.ft-inline-light-cta p { \n  color: #4a5568; \n  font-size: clamp(13.5px, 2.5vw, 14.5px); \n  margin-bottom: clamp(18px, 4vw, 24px); \n  line-height: 1.55;\n  font-weight: 400;\n  width: 100%;\n  max-width: 520px;\n}\n\n\/* Original Bold Highlight Box Badge Light Styling *\/\n.ft-inline-light-cta p strong {\n  color: #0066cc;\n  font-weight: 600;\n  background: rgba(0, 102, 204, 0.08);\n  padding: 2px 6px;\n  border-radius: 4px;\n  display: inline-block;\n}\n\n\/* Original Flattrade Vivid Electric Blue Button Mapping *\/\n.cta-light-btn-element {\n  display: inline-block;\n  background: #0066cc;\n  color: #ffffff;\n  font-weight: 600;\n  font-size: clamp(13.5px, 2.5vw, 14.5px);\n  padding: 12px clamp(20px, 5vw, 36px);\n  border-radius: 6px;\n  box-shadow: 0 4px 12px rgba(0, 102, 204, 0.25);\n  white-space: nowrap;\n  width: auto;\n  transition: background 0.2s ease, transform 0.1s ease, box-shadow 0.2s ease;\n}\n\n\/* Element wrapper hover actions routing down to the synthetic button element *\/\n.ft-inline-light-cta:hover {\n  transform: translateY(-2px);\n  box-shadow: 0 12px 32px rgba(10, 22, 40, 0.1);\n}\n\n.ft-inline-light-cta:hover .cta-light-btn-element {\n  background: #0052a3; \n  box-shadow: 0 6px 18px rgba(0, 102, 204, 0.35);\n}\n\n.ft-inline-light-cta:active {\n  transform: scale(0.99);\n}\n\n.ft-inline-light-cta:active .cta-light-btn-element {\n  transform: scale(0.98);\n  box-shadow: 0 2px 6px rgba(0, 102, 204, 0.15);\n}\n\n\/* Media query adaptation for viewports under 480px width *\/\n@media (max-width: 480px) {\n  .cta-light-btn-element {\n    width: 100%;\n    text-align: center;\n    padding: 13px 16px; \n  }\n}\n<\/style>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Hero Motors IPO \u2013 Flattrade Kosh IPO Summary Price Band \u20b979 \u2013 \u20b984 FV: \u20b910 \/ share Issue&hellip;","protected":false},"author":10,"featured_media":53308,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-53290","post","type-post","status-publish","format-standard","has-post-thumbnail","category-uncategorized","cs-entry","cs-video-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hero Motors IPO - Flattrade Kosh<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hero Motors IPO - Flattrade Kosh\" \/>\n<meta property=\"og:description\" content=\"Hero Motors IPO \u2013 Flattrade Kosh IPO Summary Price Band \u20b979 \u2013 \u20b984 FV: \u20b910 \/ share Issue&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/\" \/>\n<meta property=\"og:site_name\" content=\"Flattrade Kosh\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-11T12:58:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-11-at-5.31.07-PM.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Prashant Gorhe\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@GorhePrashant\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Prashant Gorhe\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/\"},\"author\":{\"name\":\"Prashant Gorhe\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2\"},\"headline\":\"Hero Motors IPO\",\"datePublished\":\"2026-09-11T12:58:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/\"},\"wordCount\":634,\"image\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-11-at-5.31.07-PM.jpeg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/\",\"url\":\"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/\",\"name\":\"Hero Motors IPO - Flattrade Kosh\",\"isPartOf\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-11-at-5.31.07-PM.jpeg\",\"datePublished\":\"2026-09-11T12:58:26+00:00\",\"author\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2\"},\"breadcrumb\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/#primaryimage\",\"url\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-11-at-5.31.07-PM.jpeg\",\"contentUrl\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-11-at-5.31.07-PM.jpeg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/flattrade.in\/kosh\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hero Motors IPO\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#website\",\"url\":\"https:\/\/flattrade.in\/kosh\/\",\"name\":\"Flattrade Kosh\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/flattrade.in\/kosh\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2\",\"name\":\"Prashant Gorhe\",\"sameAs\":[\"http:\/\/prashantgorhe.com\",\"https:\/\/www.instagram.com\/prashant_gorhe\/\",\"https:\/\/www.linkedin.com\/in\/prashantgorhe\/\",\"https:\/\/x.com\/GorhePrashant\"],\"url\":\"https:\/\/flattrade.in\/kosh\/author\/prashant\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Hero Motors IPO - Flattrade Kosh","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/","og_locale":"en_US","og_type":"article","og_title":"Hero Motors IPO - Flattrade Kosh","og_description":"Hero Motors IPO \u2013 Flattrade Kosh IPO Summary Price Band \u20b979 \u2013 \u20b984 FV: \u20b910 \/ share Issue&hellip;","og_url":"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/","og_site_name":"Flattrade Kosh","article_published_time":"2026-09-11T12:58:26+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-11-at-5.31.07-PM.jpeg","type":"image\/jpeg"}],"author":"Prashant Gorhe","twitter_card":"summary_large_image","twitter_creator":"@GorhePrashant","twitter_misc":{"Written by":"Prashant Gorhe","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/#article","isPartOf":{"@id":"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/"},"author":{"name":"Prashant Gorhe","@id":"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2"},"headline":"Hero Motors IPO","datePublished":"2026-09-11T12:58:26+00:00","mainEntityOfPage":{"@id":"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/"},"wordCount":634,"image":{"@id":"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-11-at-5.31.07-PM.jpeg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/","url":"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/","name":"Hero Motors IPO - Flattrade Kosh","isPartOf":{"@id":"https:\/\/flattrade.in\/kosh\/#website"},"primaryImageOfPage":{"@id":"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/#primaryimage"},"image":{"@id":"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-11-at-5.31.07-PM.jpeg","datePublished":"2026-09-11T12:58:26+00:00","author":{"@id":"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2"},"breadcrumb":{"@id":"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/#primaryimage","url":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-11-at-5.31.07-PM.jpeg","contentUrl":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-11-at-5.31.07-PM.jpeg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/flattrade.in\/kosh\/hero-motors-ipo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/flattrade.in\/kosh\/"},{"@type":"ListItem","position":2,"name":"Hero Motors IPO"}]},{"@type":"WebSite","@id":"https:\/\/flattrade.in\/kosh\/#website","url":"https:\/\/flattrade.in\/kosh\/","name":"Flattrade Kosh","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/flattrade.in\/kosh\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2","name":"Prashant Gorhe","sameAs":["http:\/\/prashantgorhe.com","https:\/\/www.instagram.com\/prashant_gorhe\/","https:\/\/www.linkedin.com\/in\/prashantgorhe\/","https:\/\/x.com\/GorhePrashant"],"url":"https:\/\/flattrade.in\/kosh\/author\/prashant\/"}]}},"_links":{"self":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/posts\/53290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/comments?post=53290"}],"version-history":[{"count":0,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/posts\/53290\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/media\/53308"}],"wp:attachment":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/media?parent=53290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/categories?post=53290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/tags?post=53290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}