MyIPOStatusHero Motors IPO: GMP, subscription and allotment status
This IPO has left the live dashboard. The figures below are as recorded on 30 Sept 2026.
—No subscription figures
- Listed at
- ₹82
- −2.4% on issue price
- Est. listing
- —
- No estimate
- Price band
- ₹79–84
- Lot
- 178 shares
- Min. ₹14,952
Allotment
Allotment is published. Check every saved PAN in one go.
Dates
16 → 18 Sept · allot 21 · list 23Refunds and shares in your demat account on 22 Sept.
Subscription by category
Subscription figures for this issue aren't available here.
See this IPO on IPOWatchIssue details
- Segment
- Mainboard
- Face value
- ₹10
- Issue type
- Book Build Issue
- Fresh issue
- ₹600 Crores
- Offer for sale
- 4,76,19,047 Equity Shares
- Listing at
- BSE & NSE
- Registrar
- KFin Technologies
- NSE symbol
- HEROMOTORS
GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from
What you can apply for
- Retail Minimum
- 1 lot, 178 shares
- 178
- ₹14,952
- Retail Maximum
- 13 lots, 2,314 shares
- 2,314
- ₹1,94,376
- S-HNI Minimum
- 14 lots, 2,492 shares
- 2,492
- ₹2,09,328
- S-HNI Maximum
- 66 lots, 11,748 shares
- 11,748
- ₹9,86,832
- B-HNI Minimum
- 67 lots, 11,926 shares
- 11,926
- ₹10,01,784
A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.
Where the money goes
- Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by our Company
- ₹190.00 Cr
- Capital expenditure of our Company through purchase of equipment for expansion in capacity of our Gautam Buddha Nagar, Uttar Pradesh facility
- ₹200.00 Cr
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
- —
What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.
Company numbers
₹1,216.74 Cr+9.5% on 2025
₹41.17 Cr+25.5% on 2025
₹1,371.83 Cr+17.8% on 2025
- 2026
- Revenue ₹1,216.74
- Profit ₹41.17
- Assets ₹1,371.83
- 2025
- Revenue ₹1,111.23
- Profit ₹32.80
- Assets ₹1,164.62
- 2024
- Revenue ₹1,083.42
- Profit ₹17.04
- Assets ₹1,059.86
In ₹ crore, for the years the offer document reports.
- ROE
- 8.56%
- ROCE
- 19.77%
- EBITDA Margin
- 12.44%
- PAT Margin
- 3.46%
- Earning Per Share (EPS)
- ₹1.15 (Basic)
- Return on Net Worth (RoNW)
- 8.53%
- Net Asset Value (NAV)
- ₹12.72
Listed peers
- CIE Automotive India Limited
- P/E 17.68
- EPS 21.69
- Return on net worth 13.18%
- Endurance Technologies Limited
- P/E 40.84
- EPS 67.66
- Return on net worth 15.29%
- Sona BLW Precision Forgings Limited
- P/E 76.50
- EPS 10.30
- Return on net worth 10.77%
- UNO Minda Limited
- P/E 59.84
- EPS 20.78
- Return on net worth 19.59%
- Varroc Engineering Limited
- P/E 56.15
- EPS 14.73
- Return on net worth 18.70%
Price to earnings, earnings per share and return on net worth, as the offer document reports them.
Who the issue is reserved for
- QIB
- 50%
- NII
- 15%
- Retail
- 35%
Share of the issue set aside for each kind of investor.
Promoters and bankers
- Promoters
- Pankaj Munjal, Charu Munjal, Abhishek Munjal and O P Munjal Holdings
- Promoter holding
- 85.57% before the IPO, 61.63% after
- Lead managers
- ICICI Securities Limited, Dam Capital Advisors Ltd, Jm Financial Limited
Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.
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Frequently asked questions
- When does Hero Motors IPO open and close?
- Bidding ran from 16 September 2026 to 18 September 2026.
- What is the Hero Motors IPO allotment date?
- Allotment is out. You can check it by PAN now.
- When will Hero Motors IPO list?
- It listed on 23 September 2026.
- What is the lot size and minimum investment for Hero Motors IPO?
- One lot is 178 shares, so the minimum investment at the upper price of ₹84 is ₹14,952.
- How do I check Hero Motors IPO allotment status?
- KFin Technologies has published the allotment. Use Check allotment on this page to check every PAN in your family in one go.