Hero Motors IPO — GMP Today, Price Band, Dates & Listing
Hero Motors IPO (NSE: HEROMOTORS) opened on 16 Sep 2026 and closed on 18 Sep 2026 on NSE. Price band Rs 79–84, lot size 178 shares (minimum application Rs 14,952, one lot at the upper band). Listed on 23 Sep 2026 at +17.14% over the issue price on day one.
Hero Motors IPO details
| Status | Listed |
| Open date | 16 Sep 2026 |
| Close date | 18 Sep 2026 |
| Price band | Rs 79–84 |
| Lot size | 178 shares |
| Minimum investment | Rs 14,952 (one lot at the upper band) |
| Face value | Rs. 10 per Equity Share |
| Issue type | Book Building |
| Issue size (NSE summary) | 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) |
| Listing date | 23 Sep 2026 (listed) |
| Exchange | NSE |
| Lead managers | ICICI Securities Limited, DAM Capital Advisors Limited and JM Financial Limited |
| Registrar | KFin Technologies Limited |
| NSE symbol | HEROMOTORS |
| Prospectus | Red herring prospectus (NSE archive, zip) |
Face value, lot, issue type, issue size, lead managers and registrar are as filed on NSE's IPO detail page (HEROMOTORS). Page data as of 24 Sep 2026.
Subscribed 4.01x on NSE (NSE + BSE combined 6.67x) as of 18 Sep 2026, 19:00 IST (NSE). Category and day-wise breakdown.
Key dates
| Issue opens | 16 Sep 2026 |
| Issue closes | 18 Sep 2026 |
| Basis of allotment | 21 Sep 2026 (expected, T+1) |
| Refunds / demat credit | 22 Sep 2026 (expected, T+2) |
| Listing | 23 Sep 2026 (listed) on NSE |
Post-close dates follow SEBI's T+3 listing timeline counted in working days from the close; registrar and exchange notices are final.
Hero Motors GMP history
| Date | GMP | Trend | Est. gain |
|---|---|---|---|
| 19 Sep | Rs 6.00 | — | 7.14% |
| 18 Sep | Rs 6.00 | ▼ | 7.14% |
| 17 Sep | Rs 7.00 | ▲ | 8.33% |
| 16 Sep | Rs 5.00 | ▼ | 5.95% |
| 15 Sep | Rs 24.00 | — | 28.57% |
| 14 Sep | Rs 24.00 | ▲ | 28.57% |
| 13 Sep | Rs 10.00 | — | 11.90% |
| 12 Sep | Rs 10.00 | ▲ | 11.90% |
| 11 Sep | Rs 8.00 | — | 9.52% |
Grey-market quotes as tracked daily from 11 Sep – 19 Sep 2026 (9 snapshots). Est. gain is GMP as a share of the upper price band. GMP is unofficial and unregulated; a rising trend is not a forecast.
Hero Motors listing performance
| Issue price | Rs 84.00 |
| Listed on | 2026-09-23 |
| Listing day open | Rs 82.00 |
| Listing day close | Rs 98.40 |
| Listing gain (close vs issue) | +17.14% |
| Latest close | Rs 98.40 |
| Return since issue | +17.14% |
Listing-day and latest prices from NSE end-of-day data (symbol HEROMOTORS). Latest close as of 2026-09-23. Listing-day gain is measured within the listing week and is unaffected by corporate actions; return since issue is price-only, excludes dividends and is not adjusted for splits or bonuses.
What the GMP means for Hero Motors
Grey Market Premium (GMP) is the unofficial premium at which an IPO's shares change hands before listing. A positive GMP signals bullish pre-listing sentiment, but it is unregulated, volatile and routinely diverges from the actual listing price in both directions — treat it as a thermometer, never a forecast. Read our full What is GMP? guide for how the grey market works.
Apply, allotment and listing
- How to apply: step-by-step UPI/ASBA instructions in our IPO application guide.
- Allotment status: registrar link and the T+3 timeline on the Hero Motors allotment page.
- Compare with other issues: the full live board is on IPO GMP Today and the IPO Calendar.
- Need a demat account? see best brokers for IPO applications.
FAQs on Hero Motors IPO
What is Hero Motors IPO GMP today?
Hero Motors has listed, so its grey market premium no longer applies. The listing performance table on this page has the actual debut price and gain.
When did the Hero Motors IPO open and close?
Hero Motors's subscription window opened on 16 Sep 2026 and closed on 18 Sep 2026.
What is the Hero Motors IPO price band and lot size?
For Hero Motors, the price band is Rs 79–84 and one lot is 178 shares (minimum application Rs 14,952, one lot at the upper band).
Who is the registrar for the Hero Motors IPO?
The registrar to the Hero Motors IPO is KFin Technologies Limited (as filed on NSE). Allotment status is checked on the registrar's website once the basis of allotment is finalised — the link is on our Hero Motors allotment status page.
How did Hero Motors perform on listing day?
Hero Motors listed on 23 Sep 2026 and closed its first day at Rs 98.40, +17.14% against the issue price (NSE end-of-day data).