Hero Motors Ltd Company Summary

Hero Motors Limited was initially incorporated as Hero Briggs & Stratton Auto Private Limited as a Private Company, dated April 30, 1998. Thereafter, the name of the Company changed the name to Hero Auto Private Limited dated April 10, 2003 at Delhi, ROC and again it changed the name to Hero Auto Limited upon conversion to a Public company on October 30, 2003 and to Hero Motors Limited dated September 15, 2004. A fresh certificate of Incorporation was issued by the Central Processing Centre.

Hero Motors Ltd. is an innovation-driven industry-leader recognized worldwide for offering the latest technology in all the products at a real cost advantage to clients, all leading global OEMs in their domains. It supply a wide range of best-in-class products and end-to-end solutions in Gears & Transmission, Alloy & Metallic parts and Bike Powertrain systems to premium brands in the Motorcycle, Automotive, Off Road and Electric Vehicle (EV) segments.The Company commenced operations in 2001 with the A&M segment, focusing on sheet metal component manufacturing, machining of casting products and other sheet metal components.

It entered into powertrain solutions segment in G&T and subsequently partnered with a US-based technology company, Enviolo, which owns patented technology known as continuous variable planetary transmission (CVP) or continuous variable transmission (CVT) in the automotive sector to grow the powertrain business further. The Company formed a joint venture with Yamaha Motors-Japan in 2021 to manufacture electric motors which commenced operations in 2022. In 2023, the Company launched a transmission manufacturing facility at Samut Prakan, Thailand, expanding gearbox supply within the ASEAN region.

In 2024, the Company ventured into the electric drive unit (EDU) division for micro-mobility. The Company incorporated Munjal STP Industries Pvt Ltd as subsidiary on July 22, 2025. The Company came up with IPO of 119,047,618 equity shares of Rs 10 each and raised funds aggregating to Rs 1000 crore, which comprise a fresh issue of 71,428,571 equity shares amounting to Rs 600 crore and the offer for sale of 47,619,047 equity shares amounting to Rs 400 crore on September 18, 2026.