· Mainboard · NSE
Price Band
₹79–84
Lot Size
178 shares
Issue Size
₹1,000 Cr
Min. Investment
₹14,952
Indicative, updates through the day
Cap price plus current GMP: ₹108 — arithmetic, not a forecast
Subscription data will appear once bidding opens.
Hero Motors IPO is a Mainboard issue scheduled to open for subscription on 16 September 2026, listing on NSE. The issue price band is fixed at ₹79–₹84 per equity share with a minimum market lot size of 178 shares, bringing the total issue size to ₹1,000 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹14,952.
The latest unlisted Grey Market Premium (GMP) for Hero Motors IPO is quoted at ₹24, representing a premium of approximately 28.57% over the upper price band of ₹84. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near , and informal quotes have risen over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read , or compare with .
The minimum investment for retail investors is one lot of 178 shares (approx. ₹14,952 at the cut-off price), while the maximum retail bid is capped at 13 lots (under ₹2,00,000). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is KFin Technologies Ltd., with the basis of allotment scheduled for finalization on 21 September 2026 and listing expected on 23 September 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 178 | ₹14,952 |
| Retail (Max) | 13 | 2314 | ₹1,94,376 |
| S-HNI (Min) | 14 | 2492 | ₹2,09,328 |
| S-HNI (Max) | 66 | 11748 | ₹9,86,832 |
| B-HNI (Min) | 67 | 11926 | ₹10,01,784 |
EPS (Pre IPO)
0.48
EPS (Post IPO)
0.45
ROE
4.42%
P/E (Pre IPO)
P/E (Post IPO)
Price / Book
Market Cap
-
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Dhoot Transmission Ltd. | 41.36 | ₹3,066.89 Cr | |
| SEDEMAC Mechatronics Ltd. | 126.91 | ₹1,087.35 Cr | |
| Tenneco Clean Air India Ltd. | 28.97 | ₹3,600.00 Cr | |
| Studds Accessories Ltd. | 33.06 | ₹455.49 Cr | |
| Sumax Engineering Ltd. | 11.66 | ₹53.40 Cr | |
| LAPL Automotive Ltd. | 9.91 | ₹32.40 Cr |
Hero Motors Ltd. Address
KFin Technologies Ltd.