Hero Motors IPO opened for subscription on September 16, 2026, and the issue will remain open until September 18, 2026. The ₹1,000 crore mainboard IPO has a price band of ₹79 to ₹84 per share. The Hero Motors IPO consists of a ₹600 crore fresh issue and a ₹400 crore offer for sale (OFS).
| Particular | Details |
|---|---|
| IPO Name | Hero Motors IPO |
| IPO Date | Sep 16–18, 2026 |
| IPO Type | Mainboard |
| Price Band | ₹79–₹84 |
| Issue Size | ₹1,000 Cr |
| Fresh Issue | ₹600 Cr |
| OFS | ₹400 Cr |
| Lot Size | 178 Shares |
| Min Investment | ₹14,952 |
| Allotment | Sep 21, 2026 |
| Listing Date | Sep 23, 2026 |
| Listing | NSE & BSE |
Hero Motors IPO GMP Today
The latest Hero Motors IPO GMP is being reported around ₹13 per share. At the upper IPO price of ₹84, the current grey market indication points to an estimated price of around ₹97. The GMP is unofficial and can change before the Hero Motors IPO listing.
Grey market premium should only be considered as an unofficial market indicator and does not guarantee the actual listing price of Hero Motors shares.
Hero Motors IPO Subscription Status
The Hero Motors IPO received strong investor interest on its first day. As of 5:00 PM on September 16, the IPO was subscribed around 1.39 times overall, according to NSE-linked data. The retail portion was subscribed 2.23 times, while the NII portion reached 1.25 times.
| Category | Subscription |
|---|---|
| QIB | 0.01x |
| NII | 1.25x |
| Retail | 2.23x |
| Overall | 1.39x |
The subscription figures can change during the remaining bidding period of the Hero Motors IPO.
Hero Motors IPO Company Business
Hero Motors Limited is an automotive technology and components company involved in powertrain solutions for electric and conventional vehicles. The company serves different mobility segments and has an international customer base.
Its business includes components and systems for electric mobility as well as conventional automotive applications. The company is using the IPO to support its growth plans, including capital expenditure and debt-related requirements.
Hero Motors IPO Objects of the Issue
The fresh issue portion of the Hero Motors IPO is expected to provide funds for repayment or prepayment of borrowings, capital expenditure and other corporate requirements.
The company has planned investment in manufacturing capacity and equipment, while a portion of the IPO proceeds is also intended for strategic initiatives and general corporate purposes.
Hero Motors IPO Key Highlights
The Hero Motors IPO has attracted attention because of its ₹1,000 crore issue size, automotive technology business and exposure to electric mobility. The IPO has also received anchor investor participation of approximately ₹300 crore at the upper price band of ₹84 per share.
The latest Hero Motors IPO subscription data shows that retail investors were active on the first day, while QIB subscription excluding anchors remained low at that stage.
Hero Motors IPO Important Dates
The Hero Motors IPO opened on September 16 and will close on September 18, 2026. The basis of allotment is expected on September 21, refunds and share credit are scheduled for September 22, and Hero Motors shares are expected to list on NSE and BSE on September 23, 2026.
Hero Motors IPO Conclusion
The Hero Motors IPO is a ₹1,000 crore mainboard issue priced between ₹79 and ₹84 per share. The IPO combines a ₹600 crore fresh issue with a ₹400 crore OFS. On Day 1, the issue recorded 1.39x overall subscription, while the latest reported Hero Motors IPO GMP was around ₹13.
Investors tracking the Hero Motors IPO should continue to monitor the final subscription figures, GMP movement and company disclosures before the issue closes.
Disclaimer: Hero Motors IPO GMP is unofficial and can change frequently. GMP should not be considered a guaranteed listing price. Investors should check the latest IPO documents and exchange disclosures before making investment decisions.
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