Hero Motors IPO allotment is expected to be finalised on 21st Sep 2026. The issue was subscribed 7.01 times overall on Day 3. With such demand, allotment chances in Hero Motors may be lower for many investors. Investors can check their allotment status on BSE, NSE, or Kfin Technologies Ltd.
Here’s a look at the latest allotment details, Hero Motors subscription figures, GMP, and Hero Motors listing date.
Hero Motors IPO Allotment Date and Time
Here are Hero Motors’ allotment and listing dates:
- Allotment Date: 21 Sep 2026
- Refund Initiation: 22 Sep 2026
- Demat Credit: 22 Sep 2026
- Listing Date: 23 Sep 2026
- Time: 10 AM, 23 Sep 2026
How to Check Hero Motors IPO Allotment Status
You can check Hero Motors IPO allotment status through multiple methods, such as:
Method 1: Procedure to Check Hero Motors IPO Allotment Status Online On NSE
- First, go to the NSE IPO bid verification link: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
- Now, select Equity & SME IPO bid details
- Select HeroMotors
- Enter your PAN number OR application number.
- And submit to check your allotment status.
Method 2: Procedure to Check Hero Motors IPO Allotment Status Online On BSE
- Visit BSE IPO allotment link: https://www.bseindia.com/investors/appli_check
- Now tick Equity under issue type.
- Select Hero Motors from the dropdown.
- Enter your application number OR PAN number.
- Then fill the captcha and click Search to view the allotment.
Method 3: Procedure to check Hero Motors IPO allotment status on Kfin Technologies Ltd., through PAN Card (Registrar to the issue)
- Go to Kfin Technologies portal: https://ipostatus.kfintech.com/
- Choose Hero Motors IPO from the dropdown list.
- Now select the PAN, Application Number, or DP ID option.
- Enter the details.
- And click Submit to see Hero Motors allotment results.
Hero Motors IPO DAY 3 Subscription Status
Hero Motors IPO saw good demand from investors, especially on Day 3. Here’s a look at category-wise subscription figures:
| Category | Subscription (Times) |
| QIB (Qualified Institutional Buyers) | 1.59 |
| NII (Non-Institutional Investors) | 10.47 |
| Retail Individual Investors | 8.62 |
| Total | 7.01 |
Source: NSE, as of 18 Sep 2026, 7.30 PM
- Hero Motors IPO saw a good rise in bids on the final day, with decent participation across investor categories. NII led the demand by subscribing 10.47 times (by 7:30 PM), while retail investors also showed interest with a subscription of 8.62 times (as of 7.30 PM)
- 7.01x oversubscription means allotment may be a little difficult for many applicants, as demand was higher than the shares available.
Hero Motors IPO GMP Today, Estimated Listing Price
Hero Motors IPO GMP was at -₹2 as of 9:00 a.m. on Sept. 21. Based on the latest grey market trend, the shares may make a discounted debut compared with the upper end of the IPO price band.
At the current GMP, Hero Motors shares are estimated to list at around ₹82, compared with the upper price band of ₹84, implying a potential 2.38% downside.
Note: GMP is not an official market indicator and reflects unofficial market activity and speculation.
What’s Next After Hero Motors Allotment?
- If shares are allotted, shares will reflect in your demat account on 22 Sep 2026.
- If you don’t receive an allotment, the blocked amount will be released on 22 Sep 2026.
- Applicants receiving a partial allotment in Hero Motors will get the remaining amount unblocked.
- After allotment, investors can track Hero Motors listing-day demand and market sentiment for further cues.
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Hero Motors IPO Listing Date and Time
Hero Motors shares will be listed on NSE and BSE on Tuesday, 23 Sep, at 10 am.
About Hero Motors
Incorporated in April 1998, Hero Motors develops and manufactures powertrain solutions for automotive OEMs across US, Europe, India and ASEAN markets. Its products cover electric and non-electric powertrains for two-wheelers, e-bikes, electric and hybrid cars, off-road and heavy-duty vehicles.
The company operates through Powertrain Solutions and Alloys and Metallics (A&M). Its key products include CVTs, EV transmissions, electric motors, gear sets and integrated drive units.
Hero Motors serves customers such as BMW, Ducati, enviolo and HWA, along with global e-bike manufacturers. As of March 31, 2026, it had 1,388 permanent employees and 707 contract workers.