Hero Motors IPO
ListedHero Motors · BSE & NSE · Mainboard IPO
Hero Motors IPO listed on 23 Sep 2026 after being issued at ₹79–84 per share. Latest GMP is ₹0 (+0.0%). Overall subscription stands at 7.01x. Lot size is 178 shares.
Price band
₹79–84
GMP (unofficial)
₹0
+0.0%
Subscription
7.01x
Min. investment
₹14,952
178 shares / lot
Hero Motors IPO details
| Price band | ₹79–84 per share |
|---|---|
| Lot size | 178 shares |
| Minimum investment (retail) | ₹14,952 (1 lot at ₹84) |
| Maximum retail application | 13 lots (₹1,94,376) |
| Issue size | ₹1,000 crore |
| IPO open date | 16 Sep 2026 |
| IPO close date | 18 Sep 2026 |
| Basis of allotment | 21 Sep 2026 |
| Refunds / UPI unblock | 22 Sep 2026 |
| Listing date | 23 Sep 2026 |
| Listing exchanges | BSE & NSE |
Hero Motors IPO GMP today
Grey market premium: ₹0(+0.0%)· expected listing price ≈ ₹84
As of 23 Sept, 2:44 pm IST · source ipowatch.in · unofficial, not exchange-sanctioned · indicative and may be inaccurate.
| Date | GMP |
|---|---|
| 23 Sep 2026 | ₹0 |
| 22 Sep 2026 | ₹0 |
| 21 Sep 2026 | ₹0 |
| 20 Sep 2026 | ₹0 |
| 19 Sep 2026 | ₹0 |
| 18 Sep 2026 | ₹6 |
| 17 Sep 2026 | ₹7 |
Hero Motors IPO subscription status
as of 18 Sept, 6:24 pm IST| Category | Times subscribed |
|---|---|
| QIB (Qualified Institutional Buyers) | 1.59x |
| bNII (Big HNI, above ₹10 lakh) | 8.62x |
| sNII (Small HNI, ₹2–10 lakh) | 14.2x |
| Retail (RII) | 8.62x |
| Total | 7.01x |
Source: ipowatch.in, chittorgarh.com · bNII = bids above ₹10 lakh, sNII = ₹2–10 lakh.
Hero Motors IPO review — broker & analyst views
5 houses tracked: 1 positive · 1 cautious · 3 neutral · 0 negative
| House | Rating | Note |
|---|---|---|
| Krijuna Research | Apply | ipowatch ↗ · 15 Sep 2026 |
| IPOWatch | May apply | ipowatch ↗ · 15 Sep 2026 |
| Capital Market | Neutral | chittorgarh ↗ |
| SMC Global | Neutral | ipowatch ↗ · 15 Sep 2026 |
| Swastika Investmart Ltd. | Neutral | chittorgarh ↗ |
Ratings as published by each house; links open the source. IPOSarthi does not rate IPOs.
Hero Motors IPO news
- Hero Motors hits 20% upper circuit, gains 69% from IPO price | Tap to know more | Inshorts
Inshorts · 25 Sept, 5:38 pm
- Cyril Amarchand Mangaldas advised Hero Motors Limited and the Selling Shareholders on its INR 10,000.00 million IPO
BW Legal World · 25 Sept, 4:19 pm
- S&R Associates advises ICICI Securities, DAM Capital and JM Financial on INR 10 Billion Hero Motors IPO
SCC Online · 25 Sept, 3:30 pm
- Hero Motors Shares Rally 69% From IPO Price In 3 Days, Hit 20% Upper Circuit; What's Driving The Stock?
News18 · 25 Sept, 2:00 pm
- Hero Motors Shares Rally 69% From IPO Price In 3 Days, Hit 20% Upper Circuit; What's Driving The Stock? | Ipo News
News18 · 25 Sept, 2:00 pm
Hero Motors IPO — frequently asked questions
- What is the GMP of Hero Motors IPO today?
- As of 23 Sept, 2:44 pm IST, the grey market premium (GMP) of Hero Motors IPO is ₹0 per share, about +0.0% over the upper price band of ₹84, which points to an indicative listing price near ₹84. GMP is an unofficial, off-exchange figure sourced from public trackers (ipowatch.in); it can change quickly and does not guarantee the listing price.
- What is the lot size and minimum investment for Hero Motors IPO?
- One lot of Hero Motors IPO is 178 shares. At the upper price band of ₹84, one lot costs ₹14,952, which is the minimum retail application. Retail investors can bid for up to 13 lots (₹1,94,376) within the ₹2 lakh retail cap. Small HNI (sNII) applications start at 14 lots (₹2,09,328) and big HNI (bNII) applications at 67 lots (₹10,01,784).
- When is the Hero Motors IPO allotment and listing date?
- Hero Motors IPO opened on 16 Sep 2026 and closed on 18 Sep 2026. The basis of allotment is expected on 21 Sep 2026, refunds / UPI unblocking on 22 Sep 2026, and the shares are expected to list on 23 Sep 2026 on BSE & NSE.
- How many times is Hero Motors IPO subscribed?
- As of 18 Sept, 6:24 pm IST, Hero Motors IPO is subscribed 7.01x overall — QIB 1.59x, bNII 8.62x, sNII 14.2x, Retail 8.62x. Figures come from exchange bid data via public trackers and update through the bidding window.
- Should I apply for Hero Motors IPO?
- IPOSarthi does not make recommendations — this page only lays out the data. The grey market is currently pricing the issue at ₹0 above the upper band (+0.0%). The book is 7.01x subscribed overall. 5 broker houses have published a view: 1 positive, 1 cautious, 3 neutral, 0 negative. Read the red herring prospectus, weigh the company's financials and valuation against your own goals and risk appetite, and consult a SEBI-registered investment adviser before applying. GMP and subscription are indicative, not a forecast of listing gains.
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GMP and prices shown are indicative, sourced from public trackers, and may be inaccurate — this is a hobby project, not investment advice. See Disclaimer.