Hero Motors Limited
ListedMainboardIndustrials / Automotive · NSE / BSE
Hero Motors, which began operations in 2001 in the Alloys and Metallics segment, has grown into one of India’s leading automotive technology companies. The company specializes in designing, developing, manufacturing, and supplying advanced powertrain solutions for automotive OEMs worldwide. Its products cater to a wide range of vehicles, including two-wheelers, performance vehicles, e-bikes, off-road vehicles, electric and hybrid cars, heavy-duty vehicles, and electric vertical take-off and landing (eVTOL) systems. Hero Motors has a diverse portfolio for both electric vehicles (EVs) and internal combustion engine vehicles (ICEs), and it is the only Indian manufacturer exporting CVT hubs to global e-bike OEMs, as well as producing integrated electric powertrain products for e-bikes. The company has expanded through acquisitions and joint ventures, developing strong in-house design, engineering, manufacturing, and validation capabilities, supported by R&D resources, specialized equipment, assembly lines, and end-of-line testing machines.
Price Band
₹79 – ₹84
Issue Size
₹11904.76 L Cr
Lot Size
178 shares
GMP
₹3
-3.6%
Est. Listing
₹81
at current GMP
Subscribed
7.08x
overall
Open
16 Sep 2026
Close
18 Sep 2026
Allotment
21 Sep 2026
Refund
22 Sep 2026
Demat Credit
23 Sep 2026
Listing
23 Sep 2026
Last updated 5 days ago
Live Grey Market Premium
Hero Motors Limited GMP Today
Last updated: 23 Sept 2026
Current Premium
₹-3-3.6%
Issue Price (Upper)
₹84
Band: ₹79 – ₹84
Estimated Listing Price
₹81
Upper price + GMP
Lot Size
178 shares
Min investment ₹14,952
Estimated Profit / Lot
₹0
178 × ₹-3
Hero Motors Limited GMP Historical Trend
GMP History
Grey Market Premium trend
-₹3
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | -₹3 | -3.6% | ₹81 |
| 26 Sep 2026 | -₹3 | -3.6% | ₹81 |
| 25 Sep 2026 | — | -3.2% | ₹81 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Hero Motors Limited Public Issue & Market Profile
Hero Motors Limited is bringing an initial public offering (IPO) in the Industrials / Automotive sector with an aggregate issue size of ₹11,90,47,618 Crores. The shares are offered at a price band of ₹79 to ₹84 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2026-09-18, the basis of allotment is scheduled to be finalized on 2026-09-21. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Hero Motors Limited IPO GMP today?
The latest grey market premium for Hero Motors Limited IPO is ₹-3, which indicates an expected listing price of ₹81.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.