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Hero Motors IPO
₹98.40
+17.14% on listing
Listing-day close · NSE · 23 Sep 2026 · issue price ₹84
Hero Motors’ ₹1,000 crore IPO was priced at ₹84 a share. It listed on the NSE on 23 Sep 2026 and closed its first day at ₹98.40, up 17.14% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹1,000 Cr
- Fresh issue
- ₹600 Cr
- Offer for sale
- ₹400 Cr
- Lot size
- 178 shares
- Minimum investment
- ₹14,952
- Face value
- ₹10
- Registrar
- Kfin Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Qualified institutions (QIB) | 2.38 Cr | 1.59× |
| Non-institutional (NII) | 1.79 Cr | 10.47× |
| Retail | 4.17 Cr | 8.62× |
| Total | 8.33 Cr | 7.01× |
At the close of the issue, excluding anchor investors.
Financials and valuation
- Market cap (post-issue)
- ₹3,815 Cr
- P/E (post-issue)
- 92.3
- EPS (post-issue)
- ₹0.91
- Price to book
- 6.6
- ROE
- 8.56%
- ROCE
- 19.77%
- Debt to equity
- 0.83
- EBITDA margin
- 12.44%
- PAT margin
- 3.46%
- Promoter holding
- 84.67% → 61.63%
Financials as of 31 Mar 2026, from the offer documents.
Listing
- Listing date
- 23 Sep 2026
- Issue price
- ₹84
- Open
- ₹82.00
- High
- ₹98.40
- Low
- ₹80.50
- Close
- ₹98.40
Listing day on the NSE. The close was +17.14% on the issue price.
FAQs
When did the Hero Motors IPO open and close?
It opened on 16 Sep 2026 and closed on 18 Sep 2026.
What was the Hero Motors IPO price?
The price band was ₹79–84 a share. The final issue price was ₹84.
What is the lot size and minimum investment?
One lot is 178 shares, ₹14,952 at ₹84 a share. Retail investors apply in whole lots.
How much did Hero Motors raise?
₹1,000 crore: ₹600 crore of new shares and ₹400 crore offered by existing shareholders.
How many times was the Hero Motors IPO subscribed?
7.01 times overall: qualified institutions 1.59 times, non-institutional 10.47 times, retail 8.62 times.
How did Hero Motors list?
It listed on the NSE on 23 Sep 2026 at ₹82.00 and closed the day at ₹98.40, up 17.14% on the ₹84 issue price.
Who is the registrar of the Hero Motors IPO?
Kfin Technologies handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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