The basis of allotment for the Hero Motors Mainboard IPO is being finalised on 21 Sept 2026. Below is exactly how to check whether you were allotted shares, the final subscription figures, and the rough odds for retail applicants.
How to Check Hero Motors IPO Allotment Status
- Registrar: visit the registrar's IPO allotment page, select Hero Motors, and enter your PAN / application number / DP-Client ID.
- BSE: bseindia.com allotment check — choose "Equity", select the issue, enter PAN or application number.
- NSE: nseindia.com IPO bid verification with your PAN.
Hero Motors IPO Subscription Status (Final)
| 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 |
Final subscription after the issue closed.
Retail was subscribed 8.23x, so retail allotment is by lottery — roughly 1 in 8 retail applications is likely to get a lot. Applying for more than one lot does not improve the odds for a single PAN.
Hero Motors IPO — What Happens Next
| Step | Date |
|---|---|
| Basis of allotment finalised | 21 Sept 2026 |
| Refunds / UPI mandate release | 22 Sept 2026 |
| Shares credited to demat | 22 Sept 2026 |
| Listing on NSE, BSE | 23 Sept 2026 |
GMP watch: Hero Motors is quoting a grey market premium of ₹6 (~7.1%), implying a listing around ₹90. GMP is unofficial and shifts through the day.
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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