Hero Motors, an Indian auto-components manufacturer, is launching its initial public offering (IPO) to raise up to ₹1,000 crore. The issue opened for subscription on September 16, 2026, and will close on September 18, 2026, with a price band fixed at ₹79 to ₹84 per share. The IPO comprises a fresh issue of up to ₹600 crore and an offer for sale (OFS) of up to ₹400 crore. The shares are proposed to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on September 23, 2026, subject to allotment and necessary regulatory approvals.
Hero Motors IPO Day 3 Subscription Status
On Day 3, Hero Motors. IPO witnessed a strong investor turnout, closing with an overall subscription of 7.01 times. The NII category led the demand, The Non-Institutional Investors 10.47 times subscription Overall, indicating good participation. Among Non-Institutional Investors (NII), the bNII (above ₹10 lakh) portion was subscribed 8.62 times, while the sNII (less than ₹10 lakh) segment saw 14.17 times subscription. The Retail Individual Investors (RII) category was subscribed 8.62 times, reflecting healthy retail interest, issue garnered 16,25,807 applications, with total bids amounting to approximately 4,904.79 crore, showcasing confidence across investor categories in the company’s growth potential.
| Investor Category | Subscription (x) |
|---|---|
| Qualified Institutional Buyers (QIB) | 0.07 |
| Non-Institutional Investors (NII) | 1.28 |
| bNII (above ₹10 lakh) | 1.24 |
| sNII (less than ₹10 lakh) | 1.35 |
| Retail Individual Investors (RII) | 0.63 |
| Total Subscriptions | 0.65 |
Total Applications: 16,25,807 crore
Total Bid Amount (₹ Crores): 4,904.79
How to Check Hero Motors IPO Allotment Status?
Hero Motors IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.
Method 1: Registrar’s website (KFin Technologies Limited)
The most reliable way is to check allotment from the KFin Technologies Limited website.
How to do:
- Visit KFin Technologies Limited official website
- Select “Hero Motors” from the IPO list
- Enter your details PAN number, Application number, or DP/Client ID
- Click on Submit
- You will see the allotment status on the screen.
Method 2: Check from BSE or NSE’s website
If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.
How to do:
- Visit BSE or NSE’s official website
- Select ‘Equity’ segment
- Select “SBI Funds Management” from the IPO list
- Enter PAN number and Application number
- Click on Search
Objective of the Hero Motors IPO
For Hero Motors IPO, the issue comprises a Fresh Issue of ₹600 crore and an Offer for Sale (OFS) of ₹400 crore. The proceeds from the Fresh Issue will be received by the company for its stated objectives, while the OFS proceeds will be received by the selling shareholders after deducting applicable expenses and taxes.
| Use of IPO Proceeds | Amount (₹ Cr) |
|---|---|
| Proceeds to be received by selling shareholders through Offer for Sale (OFS) | 400 |
| Proceeds from Fresh Issue to be received by Hero Motors | 600 |
Hero Motors IPO – Day 3 Update
The grey market premium (GMP) of Hero Motors stands at ₹0 as of September 18, 2026 (Day 3). Considering the upper end of the price band at ₹84 per share, the estimated listing price is around ₹84, reflecting a potential gain of approximately 0% per share in the grey market.
| Date | GMP | Est. Listing Price | Gain |
|---|---|---|---|
| 18-09-2026 (Day 2) | ₹0 | ₹84 | 0% |
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.
Hero Motors IPO – Key Details
| Particulars | Details |
|---|---|
| IPO Opening Date | September 16, 2026 |
| IPO Closing Date | September 18, 2026 |
| Issue Price Band | ₹79 to ₹84 per share |
| Total Issue Size | 11,90,47,618 shares (aggregating up to ₹1,000 Cr) |
| Listing Platform | BSE, NSE |
| Registrar | KFin Technologies Limited |
| DRHP | Hero Motors |
Important Dates for Hero Motors IPO Allotment
| Event | Date |
|---|---|
| Tentative Allotment | September 21, 2026 |
| Refunds Initiation | September 21, 2026 |
| Credit of Shares to Demat | September 21, 2026 |
| Listing Date | September 23, 2026 |
Overview of Hero Motors
Hero Motors Limited is an Indian automotive components manufacturer, engaged in designing and producing drivetrain and powertrain solutions for two-wheelers, passenger vehicles, commercial vehicles, and other mobility applications. The company serves leading automotive manufacturers across domestic and international markets. With a presence across multiple countries and a focus on advanced engineering and mobility solutions, Hero Motors has established itself as a prominent player in the global auto-components industry. With growing demand for electric and conventional mobility solutions, the company continues to expand its capabilities and strengthen its position in the evolving automotive components sector.
Frequently Asked Questions (FAQs)
What is the opening and closing date of Hero Motors IPO ?
Hero Motors IPO will open on September 17 2026 and will close on September 21 2026.
What is the price band of the Hero Motors IPO ?
Its price band is fixed from ₹79 to ₹84 per share.
What is the GMP (Grey Market Premium) of Hero Motors IPO today?
The GMP on September 18, 2026 is ₹0, which leads to a possible listing price of ₹84.
What is the total issue size of Hero Motors IPO?
The total issue size of the Hero Motors IPO is ₹1000 crore, The IPO is a combination of fresh issue & Offer for Sale.
What is the expected listing date of Hero Motors ?
This IPO is expected to be listed on BSE and NSE on September 23, 2026.
