Hero Motors Limited
HEROMOTORS · BSE NSE · Listed
· heromotors.com
Issue price
₹84
Listing price
% vs. issue price
₹82
(-2.4%)
Current price
% vs. issue price
₹167.52
(+99.4%)
Lot size
178 shares
Issue size
₹1000.00 Cr
Timeline
Opens
Wed, 16 Sep 2026
Closes
Fri, 18 Sep 2026
Allotment
Mon, 21 Sep 2026
Settlement
Tue, 22 Sep 2026
Listing
Wed, 23 Sep 2026
Mandate end
Sat, 3 Oct 2026
Anchor 50%
Wed, 21 Oct 2026
Anchor 100%
Sun, 20 Dec 2026
The timeline is tentative. Anchor unlock dates apply only to IPOs with an anchor allotment.
Subscription
| Quota | Shares offered (₹ Cr) |
Shares applied (₹ Cr) |
Times subscribed |
|---|---|---|---|
| QIB | 200.00 | 317.14 | 1.59x |
| FII Foreign institutions | - | 53.11 | - |
| DFI Banks & FIs | - | 40.04 | - |
| MF Mutual funds | - | 203.04 | - |
| Other | - | 20.95 | - |
| NII | 150.00 | 1,571.96 | 10.48x |
| bNII Bids over ₹10 lakh | 100.00 | 861.86 | 8.62x |
| sNII Bids of ₹2-10 lakh | 50.00 | 710.11 | 14.20x |
| RII | 350.00 | 3,064.60 | 8.76x |
| Total | 700.00 | 4,953.70 | 7.08x |
| Quota | Applications reserved |
Applications received |
Times subscribed |
|---|---|---|---|
| QIB | 2,38,09,525 | 2,098 | - |
| FII Foreign institutions | - | 32 | - |
| DFI Banks & FIs | - | 1,847 | - |
| MF Mutual funds | - | 7 | - |
| Other | - | 212 | - |
| NII | 7,166 | 39,513 | 5.51x |
| bNII Bids over ₹10 lakh | 4,777 | 8,077 | 1.69x |
| sNII Bids of ₹2-10 lakh | 2,389 | 31,436 | 13.16x |
| RII | 2,34,082 | 15,83,744 | 6.77x |
| Total | 2,40,50,773 | 16,25,355 | 0.07x |
Last updated: just now
Application size
| Quota | Min | Max |
|---|---|---|
| RII |
1 lot · ₹14,952
|
13 lots · ₹1,94,376
|
| sNII |
14 lots · ₹2,09,328
|
66 lots · ₹9,86,832
|
| bNII |
67 lots · ₹10,01,784
|
No limit
funds permitting
|
Based on the upper price band of ₹84.
Intermediaries
- Lead managers
- ICICI SecuritiesJM FinancialDAM Capital Advisors
- Registrar
- KFin Technologies