Today is the last day to subscribe to the initial public offering (IPO) of auto components maker Hero Motors Ltd. The public issue was subscribed 3.36 times on the second day of the share sale yesterday i.e. on September 18, 2026. According to data available on the National Stock Exchange (NSE), the Rs 1,000-crore IPO received bids for 29,80,84,496 shares against 8,86,07,596 shares on offer. The company has fixed a price band of Rs 79-84 per equity share for its IPO, which got fully subscribed on the first day of bidding. According to the information shared, the company’s shares are expected to debut on the bourses, NSE and BSE, on September 23, 2026.
Hero Motors IPO GMP
According to Investorgain, the unlisted shares of Hero Motors are trading at a grey market premium (GMP) of Rs 5.5. Considering the upper price band of Rs 84, the company’s shares are expected to list at around Rs 89.5, reflecting a grey market premium of 6.55 per cent.
