Hero Motors IPO GMP Today
ListedUpdated 23 September 2026, 5:30 PM IST· Mainboard· Listing 23 Sept 2026
Hero Motors IPO opens on 16 September 2026. Hero Motors IPO GMP is Rs -3.00 today. Listing price estimate is Rs 81.00 (issue price Rs 84.00). Grey market signals a 3.57% discount to issue price.
Hero Motors IPO GMP Day Wise
Daily grey market premium, estimated listing price, and profit per lot
GMP for Hero Motors IPO started at Rs 8 on 10 September 2026 and stood at Rs -3 on 23 September 2026. The sharpest single-day jump was from Rs 10 on 11 Sept 2026 to Rs 24 on 12 Sept 2026. The downward trend suggests grey market participants are lowering expectations. Watch whether subscription numbers support or contradict this move.
| Date | Issue Price | GMP | Listing Price | Est. Profit |
|---|---|---|---|---|
| 23 Sept 2026Today | Rs 84.00 | Rs -3.00 | Rs 81.00 (-3.57%) | Rs -534.00 |
| 22 Sept 2026 | Rs 84.00 | Rs -3.00 | Rs 81.00 (-3.57%) | Rs -534.00 |
| 21 Sept 2026 | Rs 84.00 | Rs -2.00 | Rs 82.00 (-2.38%) | Rs -356.00 |
| 20 Sept 2026 | Rs 84.00 | Rs -2.00 | Rs 82.00 (-2.38%) | Rs -356.00 |
| 19 Sept 2026 | Rs 84.00 | Rs -2.00 | Rs 82.00 (-2.38%) | Rs -356.00 |
| 18 Sept 2026 | Rs 84.00 | Rs 0.00 | Rs 84.00 (+0.00%) | Rs 0.00 |
| 17 Sept 2026 | Rs 84.00 | Rs 5.00 | Rs 89.00 (+5.95%) | Rs 890.00 |
| 16 Sept 2026 | Rs 84.00 | Rs 13.00 | Rs 97.00 (+15.48%) | Rs 2,314.00 |
| 15 Sept 2026 | Rs 84.00 | Rs 19.00 | Rs 103.00 (+22.62%) | Rs 3,382.00 |
| 14 Sept 2026 | Rs 84.00 | Rs 23.00 | Rs 107.00 (+27.38%) | Rs 4,094.00 |
| 13 Sept 2026 | Rs 84.00 | Rs 24.00 | Rs 108.00 (+28.57%) | Rs 4,272.00 |
| 12 Sept 2026 | Rs 84.00 | Rs 24.00 | Rs 108.00 (+28.57%) | Rs 4,272.00 |
| 11 Sept 2026 | Rs 84.00 | Rs 10.00 | Rs 94.00 (+11.90%) | Rs 1,780.00 |
| 10 Sept 2026 | Rs 84.00 | Rs 8.00 | Rs 92.00 (+9.52%) | Rs 1,424.00 |
Hero Motors IPO Listing Price
Estimated from today’s GMP
Based on today's GMP, Hero Motors IPO listing price estimate is Rs 81.00 per share (issue price Rs 84.00 + GMP Rs -3.00).
Actual listing price will be known on 23 September 2026 when the stock lists on NSE/BSE.
Hero Motors IPO Listing Gain
Estimated profit per lot from grey market premium
Lot size: 178 shares
GMP today: Rs -3.00
Estimated listing gain per lot: Rs -3.00 × 178 = Rs -534.00
Negative GMP suggests the unofficial market expects listing below the issue price. Treat this as a warning sign and read subscription numbers before deciding.
GMP has trended lower. Read this together with subscription data before applying.
GMP is unofficial. Listing gain can differ on listing day.
Hero Motors IPO Subscription Status
GMP and subscription numbers often move together. When institutional and HNI demand is strong, grey market participants usually price in a higher premium. Current overall subscription for Hero Motors IPO is 7.08x. Compare this with the GMP trend to see if demand aligns. The GMP move around 12 Sept 2026 may reflect how the market reacted once the subscription window activity picked up after 16 Sept 2026.
See live figures on the Hero Motors IPO Subscription Status page.
Hero Motors IPO Details
| Field | Value |
|---|---|
| Price Band | ₹79.0 - ₹84.0 |
| Issue Size | ₹1,000 Cr |
| Lot Size | 178 shares |
| IPO Type | Mainboard |
| Open Date | 16 Sept 2026 |
| Close Date | 18 Sept 2026 |
| Listing Date | 23 Sept 2026 |
| Subscription | 7.08x |
Hero Motors IPO full details (financials, peers, review).
About Hero Motors IPO
Incorporated in 1998, Hero Motors Limited is one of India's premier automotive technology companies, specializing in the design, engineering, precision manufacturing, and supply of advanced powertrain solutions for automotive original equipment manufacturers (OEMs) across India, the United States, Europe, and the ASEAN region. The company's portfolio spans two key business divisions: Powertrain Solutions (gears, transmissions, hub motors, and e-transmissions) and Alloys and Metallics (lightweight alloy and steel assemblies). Serving two-wheelers, e-bikes, performance automotive, and off-road mobility, Hero Motors supplies global marquee customers including BMW AG, Ducati Motor Holding S.P.A., Enviolo International Inc., Formula Motorsport Ltd., and HWA AG. Operating six manufacturing facilities across India, the United Kingdom, and Thailand alongside two advanced technology centres in Southam (UK) and Gautam Buddha Nagar (India), the company provides end-to-end solutions from design and prototyping to mass assembly.
Hero Motors IPO GMP FAQs
What is Hero Motors IPO GMP today?
Hero Motors IPO GMP is ₹-3 as of 10 October 2026, 1:47 AM IST. At issue price ₹84, that is -3.57% expected listing gain in the grey market.
What is Hero Motors IPO grey market premium (GMP)?
The grey market premium (GMP) for Hero Motors IPO is ₹-3 today. GMP is the unofficial premium traders pay above the issue price of ₹84 before listing on NSE/BSE.
What is Hero Motors IPO expected returns?
Hero Motors IPO expected returns based on today's GMP are -3.57% over the issue price of ₹84. Estimated listing price is ₹81 per share. Actual listing gain on 23 September 2026 may differ.
What is the estimated listing price of Hero Motors IPO?
Based on today's GMP, Hero Motors IPO estimated listing price is ₹81 per share (issue price ₹84 + GMP ₹-3). The actual listing price will be set on 23 September 2026 when trading starts.
What is the expected profit per lot in Hero Motors IPO?
At GMP of ₹-3 and lot size of 178 shares, estimated grey market profit is ₹-534 (1 lot × 178 shares × ₹-3). This is unofficial and not guaranteed on listing day.
Will Hero Motors IPO list at GMP price?
Hero Motors IPO may list around ₹81 based on current GMP of ₹-3, but listing at exact grey market price is not guaranteed. GMP is unofficial. On 23 September 2026, the opening price depends on market sentiment, final subscription, and index levels.
What is Hero Motors IPO issue price and lot size?
Hero Motors IPO issue price is ₹84 per share (price band ₹79.0 - ₹84.0). Lot size is 178 shares. Minimum application is 1 lot.
When is Hero Motors IPO listing date?
Hero Motors IPO is expected to list on 23 September 2026 on NSE and BSE. GMP can still move until listing day.
What is Hero Motors IPO GMP high and low?
Hero Motors IPO GMP made a high of ₹24 on 13 Sept 2026 and a low of ₹-3 on 23 Sept 2026 in tracked grey market data.
Can Hero Motors IPO GMP change after subscription closes?
Yes. Hero Motors IPO closed on 18 September 2026. GMP often moves until listing (23 September 2026) based on allotment buzz, market mood, and news. Keep this page handy for the latest figure.
What is Hero Motors IPO subscription status?
Live category-wise subscription for Hero Motors IPO is on the Hero Motors IPO Subscription Status page on IPOwiz, including QIB, NII, and retail figures.
How to check Hero Motors IPO allotment status?
You can check Hero Motors IPO allotment with your PAN on the Hero Motors IPO Allotment Status page, the registrar site, BSE, or the IPOwiz App.
Sources
We match Hero Motors IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews GMP figures before they go live.