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TopOngoing1 day ago

Hero Motors IPO GMP Day 3 par 7% tak; key dates, review aur subscription ke baad apply karein ya nahi?

Hero Motors IPO Rs 5.5-6 GMP, strong retail demand aur weak QIB participation ke saath band hota hai; grey-market headline se zyada dates aur valuation matter karte hain.

01 / Kya hua

Kya hua

Hero Motors IPO 18 September 2026 ko teen din ki bidding band karta hai, GMP Rs 5.5-6 aur mixed subscription ke saath.

Hero Motors ka Rs 1,000 crore IPO 16 September 2026 ko Rs 79-84 per share par khola, minimum lot 178 shares hai. Issue mein Rs 600 crore fresh issue aur Rs 400 crore offer-for-sale hai, aur upper-band valuation lagbhag Rs 3,815 crore hai.

Final bidding day par unofficial grey-market premium Rs 5.5-6, ya upper band se lagbhag 6.55-7%, tha, jisse estimated listing Rs 89.5 ke aaspaas dikhti hai. Yeh Day-1 peak Rs 24 se bahut kam hai. Retail investors ne 5.02x, NII ne 3.90x subscribe kiya, jabki QIBs ne Day-2 close tak sirf 0.07x subscribe kiya.

Bidding 18 September ko band hogi. Allotment 21 September ko, refunds aur demat credit 22 September ko, aur BSE-NSE listing 23 September ko expected hai. Company ne IPO se pehle anchor investors se Rs 300 crore raise kiye.

Muted GMP aur kamzor QIB response listing gain ke liye IPO ko kam attractive banate hain. Long-term investors ko Hero Motors ke CVT aur powertrain business, proceeds ke upyog, valuation aur execution par dhyan dena chahiye, unofficial grey market par nahi.

Issue sizeRs 600 crore fresh issue plus Rs 400 crore offer-for-sale, Rs 1,200 crore DRHP se revise.
Rs 1,000 crore
SubscriptionDay-2 close tak retail 5.02x, NII 3.90x aur QIB 0.07x; ek Day-3 tracker ne overall 4.60x dikhaya.
3.27-3.37x / 4.60x
Timeline

Timeline

15 Sep — anchor bidding; 16-18 Sep — subscription; 21 Sep — allotment; 22 Sep — refunds and demat credit; 23 Sep — BSE and NSE listing.

  • Bidding 18 Sep ko band
  • Allotment 21 Sep
  • Listing 23 Sep
02 / Kyun matter karta hai

Kyun matter karta hai

Muted final-day GMP aur kamzor QIB demand short-term listing gain ko kam attractive banati hai; long-term investors ko valuation aur execution dekhni hogi.

Money

Price-change · Direct · Medium

Retail Investors · Ipo Subscribers

Rs 5.5-6 GMP estimated listing Rs 89.5 dikhata hai, lekin yeh unofficial hai aur Day-1 peak se bahut kam hai.

Daily Life

Convenience · Contextual · High

Retail Investors

Allotment, refunds aur listing 21, 22 aur 23 September ko hain, isliye applicants ko tight three-day window plan karni hogi.

03 / Seedhi baat

Seedhi baat

Seedhi baat
Unofficial GMP ko guaranteed na maanein; apply karne se pehle valuation, proceeds ka upyog aur institutional demand compare karein.

Hero Motors IPO Day 3: GMP Rs 5.5-6, retail 5.02x, QIB 0.07x. Apply karein ya chhod dein?

Screenshot ya share kar lo

Verified sources (2)

Evidence behind the crack
Reporting/Mint / Hindustan Times

Hero Motors IPO GMP rises 7% on Day 3; check key dates, review, subscription. Should you apply or not?

PrimaryPublished Sep 18, 2026Accessed Sep 18, 2026
Reporting/The Economic Times

Hero Motors IPO Day 3: GMP at 7%; Check subscription status and key details. Should you subscribe?

CorroboratingPublished Sep 18, 2026Accessed Sep 18, 2026

Claims and linked sources

4 claims
NumberVerifiedMedium confidence

Day-2 close tak retail 5.02x, NII 3.90x aur QIBs 0.07x the; ek Day-3 tracker ne overall 4.60x dikhaya.

Linked evidence
DateVerifiedHigh confidence

Bidding 18 September ko band; allotment 21 September, refunds aur demat credit 22 September, aur BSE-NSE listing 23 September 2026 ko expected hai.

Linked evidence
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