Hero Motors IPO Allotment Today: Check BSE, NSE & KFin Status

Mumbai | 21 September 2026 

Share allotment is the step in which a company decides which IPO applicants receive shares. Hero Motors Limited will complete this step for its ₹1,000 crore issue on Monday, 21 September 2026. 

What Is the Hero Motors IPO Subscription Status? 

The Hero Motors IPO was subscribed 7.01x overall by the close of bidding on 18 September 2026. Non-institutional investors (NIIs) placed the strongest demand, followed by retail investors and qualified institutional buyers (QIBs), as the table below shows for each investor category. 

How To Check Hero Motors IPO Allotment Status? 

Applicants can check the Hero Motors IPO allotment status on the website of KFin Technologies, the issue registrar, or on the BSE and NSE websites. Each platform asks for the applicant’s Permanent Account Number (PAN) or application number to display the status. 

On KFin Technologies: 

1. Visit the KFin Technologies IPO allotment status page at ipostatus.kfintech.com. 
2. Select “Hero Motors Ltd.” from the dropdown list. 
3. Choose an identification option: PAN, application number or depository participant (DP) ID/client ID. Enter the relevant details. 
4. Enter the captcha, if prompted. 
5. Click on “Submit”. 
6. The Hero Motors IPO allotment status will be displayed on the screen. 

On BSE: 

1. Visit the BSE website at bseindia.com/investors/appli_check.aspx. 
2. Select “Equity” under issue type. 
3. Select “Hero Motors Ltd.” from the issue name. 
4. Enter the PAN or application number. 
5. Enter the captcha displayed on the screen. 
6. Click on “Search”. 
7. The Hero Motors IPO allotment status will be displayed. 

On NSE: 

1. Visit the NSE website at nseindia.com/invest/check-trades-bids-verify-ipo-bids. 
2. Select “Equity & SME IPO bid details”. 
3. Select “HEROMOTORS” from the list of issues. 
4. Enter PAN and application number. 
5. Click on “Submit”. 
6. The Hero Motors IPO application status will be displayed. 

What Happens After Hero Motors IPO Allotment? 

Refunds for unsuccessful applicants and the credit of shares to the dematerialised (demat) accounts of successful applicants are both expected on 22 September 2026, one day after allotment. The shares are scheduled to list on the BSE and NSE on Wednesday, 23 September 2026. 

If shares are allotted: 

• The shares are credited to the demat account before the listing date, and the investor can hold or sell them once they list. 

• The amount for the allotted shares is debited from the funds blocked at the time of application, and the remaining amount is unblocked. 

If shares are not allotted: 

• No shares are credited to the demat account. 

• The bank or Unified Payments Interface (UPI) mandate provider releases the entire blocked amount. 

What Is the Hero Motors IPO GMP Today? 

The grey market premium (GMP) for the Hero Motors IPO stood at ₹-2 on 21 September 2026, which indicates an estimated listing price of ₹82 per share, a discount of 2.38% to the upper limit of the price band of ₹84. 

GMP is an unofficial, informal indicator and does not guarantee the actual listing price or future performance of the stock. 

What Are the Key Details of the Hero Motors IPO? 

The Hero Motors IPO is a book-building issue worth ₹1,000 crore, with a price band of ₹79 to ₹84 per share. It comprises a fresh issue of 7.14 crore shares worth ₹600 crore and an offer for sale (OFS) of 4.76 crore shares worth ₹400 crore. 

What Does Hero Motors Do? 

Incorporated in April 1998, Hero Motors is an automotive technology company that develops and produces powertrain systems for original equipment manufacturers (OEMs). Its operations span markets including India, the United States, Europe and the Association of Southeast Asian Nations (ASEAN) region. 

The company works across electric and conventional powertrain technologies, with products serving two-wheelers, e-bikes, performance vehicles, off-road models, electric and hybrid cars, heavy-duty vehicles and electric vertical take-off and landing (eVTOL) platforms. 

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