Hero Motors opened for subscription on 16 Sept and closes on 18 Sept 2026. GMP is ₹19 (about 22.6% over the cap price).
Hero Motors IPO Subscription Status
| Category | Subscribed (times) | Bids received |
|---|---|---|
| QIB | 1.49x | ₹377.55 cr |
| NII (HNI) | 9.86x | ₹1881.39 cr |
| Retail | 8.23x | ₹3648.31 cr |
| Total | 6.66x | ₹5897.24 cr |
Updated through the bidding window; final numbers settle after the issue closes.
Hero Motors IPO GMP (Grey Market Premium)
The latest grey market premium for Hero Motors is ₹6 (about 7.1% over the cap price). GMP is an unofficial, over-the-counter figure that can change through the day and is not endorsed by SEBI or the exchanges.
Should You Apply to Hero Motors IPO?
As things stand, the grey market premium points to a listing near ₹103 (about 22.6%). In the company's favour: Strong promoter backing with long-standing experience in the automotive sector. The main risk to weigh: High revenue dependence on a limited number of key customers. Judge the price against the company's earnings and your holding period, not the GMP alone.
How to Apply for Hero Motors IPO
- Log in to your broker's IPO section and select Hero Motors.
- Bid at the cut-off price for the best chance of allotment (retail).
- Enter the number of lots (minimum 178 shares) and submit your UPI ID.
- Approve the mandate request in your UPI app before the cut-off time to block the funds.
Quick facts: Price band ₹79 – ₹84 · Lot 178 shares (~₹14,952) · Bidding 16 Sept – 18 Sept · Listing 23 Sept on NSE, BSE
More on Hero Motors IPO
- Hero Motors IPO — live GMP, subscription & allotment status
- Hero Motors IPO listing gain calculator
- All Mainboard IPOs
- Full IPO list with GMP
This article is for information only and is not investment advice. Read the RHP and consider your own risk profile before investing.
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