Hero Motors IPO Subscription Status — Day-wise, QIB, NII & Retail
Hero Motors IPO subscription status shows how many times the issue was bid for, split across QIB, NII and retail categories. It was subscribed 4.01x on NSE at close (NSE + BSE combined 6.67x), as of 18 Sep 2026, 19:00 IST (NSE) — the category breakdown is below.
Subscription window: 16 Sep 2026 to 18 Sep 2026. Page data as of 19 Sep 2026.
Hero Motors subscription day-wise
| Category | Day 1 16 Sep | Day 2 17 Sep | Final 18 Sep |
|---|---|---|---|
| QIB | <0.01x | 0.05x | 0.78x |
| NII | 0.89x | 2.79x | 7.25x |
| bNII (above Rs 10 lakh) | 0.58x | 2.07x | 6.23x |
| sNII (Rs 2–10 lakh) | 1.50x | 4.24x | 9.28x |
| Retail (RII) | 1.26x | 2.74x | 4.46x |
| Total | 0.82x | 1.98x | 4.01x |
Cumulative NSE bids at the end of each bidding day, keyed by NSE's own data date; the issue closes 18 Sep 2026. Columns are numbered by captured days; if a day was missed the count is lower, never shifted.
Hero Motors subscription by category
| Category | Shares offered | Shares bid for | Times subscribed |
|---|---|---|---|
| QIB | 25,316,456 | 19,797,160 | 0.78x |
| NII | 18,987,342 | 137,582,608 | 7.25x |
| bNII (above Rs 10 lakh) | 12,658,228 | 78,847,414 | 6.23x |
| sNII (Rs 2–10 lakh) | 6,329,114 | 58,735,194 | 9.28x |
| Retail (RII) | 44,303,798 | 197,809,620 | 4.46x |
| Total | 88,607,596 | 355,189,388 | 4.01x |
NSE bids only, as of 18 Sep 2026, 19:00 IST (NSE); NSE + BSE combined total 6.67x. A dash means NSE had not reported that row. Symbol HEROMOTORS.
Hero Motors subscription categories explained
- QIB — qualified institutional buyers (mutual funds, banks, FIIs). Strong QIB demand is often read as a confidence signal.
- NII / HNI — non-institutional bids above Rs 2 lakh (sNII Rs 2–10 lakh, bNII above Rs 10 lakh).
- Retail — applications up to Rs 2 lakh. Heavy retail oversubscription means allotment by lottery.
How subscription affects Hero Motors allotment and GMP
The more the retail portion is oversubscribed, the lower each applicant's odds — allotment becomes a lottery for one lot. GMP is unofficial and volatile — never a forecast. See Hero Motors's GMP page and how allotment works in allotment tips.
FAQs
What is Hero Motors IPO subscription status?
Hero Motors was subscribed 4.01x on NSE (6.67x NSE and BSE combined) as of 18 Sep 2026, 19:00 IST (NSE). The table on this page breaks that down by QIB, NII and retail.
Does high subscription mean I will get Hero Motors allotment?
No — the opposite. Heavy retail oversubscription means allotment is by lottery, so your odds fall. High subscription signals demand, but does not improve your individual allotment chance.