Hero Motors IPO subscription status: 8.03x overall
Hero Motors IPO subscription status as of Day 3 · 18 Sep: 8.03x overall (QIB 1.59x, NII 10.47x, retail 11.26x), as reported by the exchanges. The shares listed 23 Sep at ₹82.
Updated 6 Oct 2026, 15:11 IST. Dated dealer references.
Subscription by day and category
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 16 Sep | 0.01x | 1.33x | 2.46x | 0.76x | 2.38x | 1.48x |
| Day 2 · 17 Sep | 0.07x | 4.14x | 6.87x | 2.78x | 5.34x | 3.58x |
| Day 3 · 18 Sep | 1.59x | 10.47x | 15.33x | 8.62x | 11.26x | 8.03x |
Application sizes
- Retail minimum: 178 shares (₹14,952)
- Retail maximum: 2492 shares
- Lot size: 178 shares
Frequently asked questions
What is the Hero Motors IPO subscription status?
As of Day 3 · 18 Sep (06 Oct 2026) the issue is subscribed 8.03x overall: QIB 1.59x, NII 10.47x, retail 11.26x.
What do QIB, NII and retail mean?
QIB is the institutional portion (mutual funds, insurers, banks), NII is non-institutional investors bidding above two lakh rupees (split into small and big HNI), and retail is applications up to two lakh rupees.
Does a high subscription guarantee allotment?
No. Above one times, retail allotment is by lot lottery; the more oversubscribed the retail portion, the lower the odds of one lot.
When is the final subscription known?
Exchanges publish final figures on the evening the issue closes, 18 Sep.
Hero Motors IPO overview · GMP today · Allotment status
Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk: the unlisted and pre-IPO dealing desk of Gayatri Financial Synergy, Faridabad, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.
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