IPO calendar / Hero Motors
Hero Motors listed on 23 Sep 2026 at an issue price of ₹84.
Minimum investment is one lot of 178 shares at ₹84.
Dates
- 16 Sep 2026 Bidding opens
- 18 Sep 2026 Bidding closes
- 23 Sep 2026 Listing
Under SEBI's T+3 timetable, allotment is usually decided the working day after bidding closes, and shares are listed on the third working day.
Allotment status
The registrar is KFin Technologies. Check your allotment on KFin Technologies's site, or on BSE's allotment checker.
Allotment status is published once the basis of allotment is finalised, usually the working day after bidding closes.
Demand
NSE, as of 18-Sep-2026 19:00:00Final times subscribed. The day-by-day curve appears for IPOs bidding from 11 Nov 2026 onward. Based on NSE subscription only: not a recommendation, and not grey market data.
| Investor category | Times subscribed |
|---|---|
| QIB | 1.49× |
| NII | 9.86× |
| NII (above ₹10 lakh) | 8.11× |
| NII (₹2–10 lakh) | 13.4× |
| Retail | 8.23× |
QIB: qualified institutions. NII: non-institutional (high-net-worth) investors. Retail: individuals applying for up to ₹2 lakh.
Issue details
| Issue type | Book Building |
|---|---|
| Face value | ₹10 per share |
| Issue size | Initial Public offer comprising of Fresh issue aggregating up to Rs. 6,000 million and Offer for sale aggregating up to Rs. 4,000 million (including Anchor reservation portion of 3,57,14,284 equity shares) |
| Lead managers | ICICI Securities Limited, DAM Capital Advisors Limited and JM Financial Limited |
| Registrar | KFin Technologies Limited |
| Prospectus | Red herring prospectus (NSE) |
From NSE's IPO pages. Check the prospectus before applying. Tickalyst does not show grey market premiums and does not recommend applying or not applying.