Hero Motors IPO 2026
Listed₹1,000.00 Cr
₹79 – ₹84
178
shares per lot
₹14,952
+₹534
178 shares
Sep 23
2026
GMP Trend
Grey Market Premium is unofficial, unregulated, and does not represent a guaranteed listing price.
Latest GMP
+₹3
GMP %
+3.6%
Indicative Listing
₹87
Est. Profit/Lot
+₹534
IPO Details
Issue Information
Issue Size & Shares
Price & Investment
Important Dates
Listing Performance
IPO Timeline
Anchor Investor Bidding
Sep 15, 2026 ✓ Completed
IPO Opens
Sep 16, 2026 ✓ Completed
IPO Closes
Sep 18, 2026 ✓ Completed
Basis of Allotment
Sep 21, 2026 ✓ Completed
Refund Initiation
Sep 22, 2026 ✓ Completed
Demat Credit
Sep 22, 2026 ✓ Completed
Listing on Exchange
Sep 23, 2026 ✓ Completed
Registrar & Allotment Status
Registrar details, lead managers, and allotment status.
Lead Managers
- ICICI Securities Ltd.
- Dam Capital Advisors Ltd.
- JM Financial Ltd.
Allotment Finalized
Check your allotment status on the platforms below.
Finalized
Sep 21, 2026
Subscription Details
Latest subscription data as of Day 3 · Sep 18, 2026.
| Category | Subscription |
|---|---|
| QIB | 1.59x |
| NII / HNI | 10.47x |
| Retail | 8.62x |
| B-HNI | 8.37x |
| S-HNI | 13.98x |
| Total | 4.90x |
Subscription
Lot Size & Investment
Minimum Lot
178 shares
Minimum Investment
₹14,952
Max Investment (Retail)
₹194,376
Financial Highlights
Key Performance Indicators (31 mar 2026)
8.6%
19.8%
3.0%
3.5%
12.4%
0.83
1.08
77.8
About Hero Motors
Hero Motors IPO is a book build issue of ₹1,000.00 crores. The issue is a combination of fresh issue of 7.14 crore shares aggregating to ₹600.00 crores and offer for sale of 4.76 crore shares aggregating to ₹400.00 crores.
Promoters
Pankaj Munjal, Charu Munjal, Abhishek Munjal and O P Munjal Holdings
Objectives of the Issue
Use of IPO proceeds as disclosed in the offer document.
- Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by Company
- Capital expenditure of Company through purchase of equipment for expansion in capacity of Gautam Buddha Nagar, Uttar Pradesh facility
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes(
- Issue Expenses
Promoter Holding
Pre-IPO Holding
84.67%
Post-IPO Holding
61.63%
Promoter dilution: 23.04%
Reservation & Allotment
Category-wise reservation of shares for this IPO.
Hero Motors IPO FAQs
What is Hero Motors IPO?
Hero Motors IPO is a book build issue of ₹1,000.00 crores. The issue is a combination of fresh issue of 7.14 crore shares aggregating to ₹600.00 crores and offer for sale of 4.76 crore shares aggregating to ₹400.00 crores.
What is the Hero Motors IPO price band?
The Hero Motors IPO price band is ₹79 – ₹84 per share.
When does Hero Motors IPO open and close?
The Hero Motors IPO opens on Sep 16, 2026 and closes on Sep 18, 2026.
What is the lot size and minimum investment for Hero Motors IPO?
The Hero Motors IPO lot size is 178 shares and the minimum investment is ₹14,952.
What is the Hero Motors IPO subscription status?
As of Day 3, the Hero Motors IPO is subscribed 4.90 times overall.
What is the Hero Motors IPO GMP today?
The latest Hero Motors IPO grey market premium (GMP) is ₹3 per share, which is unofficial and may change.
When is the Hero Motors IPO allotment date?
The expected allotment date for Hero Motors IPO is Sep 21, 2026.
When will Hero Motors IPO list?
The Hero Motors IPO is expected to list on Sep 23, 2026 on BSE, NSE.
Who is the registrar of Hero Motors IPO?
The registrar for Hero Motors IPO is Kfin Technologies Ltd..
Key Dates
Disclaimer: All information on this page is for news, educational, and research purposes only. Grey Market Premium (GMP) is unofficial, unregulated, and indicative — it does not represent a guaranteed listing price. We do not provide investment advice. Always consult a SEBI-registered investment advisor before making investment decisions.