Hero Motors IPO Allotment Status: Steps to Verify Status & Key Issue Details

21 September 2026
3 min read
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The allotment status for the ₹1,000 crore Hero Motors IPO is likely to be announced today, September 21, 2026. Investors can check their IPO allotment status on the official websites of the NSE, BSE, and the IPO registrar, KFin Technologies Limited.

Following the completion of the allotment process, the shares are tentatively to be listed on the NSE and BSE on September 23, 2026.

Procedure to Check Hero Motors IPO Allotment Status Online on NSE

  • Visit the NSE’s IPO allotment verification status page here.
  • Select “Equity & SME IPO Bid Details”.
  • In Select Symbol, select “HEROMOTORS”.
  • Enter your PAN No. and Application No.
  • Click “Submit”.

Procedure to Check Hero Motors IPO Allotment Status Online on BSE

  • Click here to visit the application status page. 
  • Under Issue Type, select “Equity”.
  • In Issue Name, select “Hero Motors Limited”.
  • Enter your “Application No. or PAN No.”
  • Enter the given Captcha correctly.
  • Click “Submit”.

Procedure to Check Hero Motors IPO Allotment Status on KFin Technologies Limited (Registrar to the Issue)

  • Visit the KFin Technologies’ IPO allotment status page here.
  • In Select IPO, select “HERO MOTORS LIMITED IPO”.
  • Enter any of the following details.
    • App. No.
    • Demat Account
    • PAN
  • Click “Submit”.

Hero Motors IPO - Issue Details

  • Issue Type: Book Built Issue (Fresh Issue + OFS)
  • Total Issue Size: Up to ₹1,000.00 crore
  • Fresh Issue: Up to ₹600.00 crore
  • Offer for Sale (OFS): Up to ₹400.00 crore
  • Face Value: ₹10 per equity share
  • Price Band: ₹79 to ₹84 per share
  • Lot Size: 178 shares
  • Minimum Investment Amount (Retail Investor): ₹14,952 (178 shares at the upper price)
  • Listing: BSE, NSE
  • Book Running Lead Managers: ICICI Securities Limited, DAM Capital Advisors Limited, JM Financial Limited
  • Registrar: KFin Technologies Limited

Explore other Upcoming IPOs on BSE and NSE.

Hero Motors IPO Overall Subscription Status

[September 18, 2026, 7:00 PM]

Category 

Subscription (x)

Qualified Institutional Buyers (QIBs)

0.78x

Non-Institutional Investors (NIIs)

7.25x

Retail Individual Investors (RIIs)

4.46x

Total 

4.01x

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

  • Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by the company
  • Capital expenditure of the company through purchase of equipment required for expansion in capacity of our Gautam Buddha Nagar, Uttar Pradesh facility
  • Funding inorganic growth through unidentified acquisitions and other strategic initiatives
  • General corporate purposes

About Hero Motors Limited

Incorporated in 1998, Hero Motors Limited is an automotive technology company that designs and manufactures advanced powertrain solutions for original equipment manufacturers (OEMs) across India, the US, Europe, and ASEAN. The company provides end-to-end capabilities, covering product design, prototyping, testing, validation, and large-scale manufacturing for both electric and internal combustion engine (ICE) vehicles.

Hero Motors operates through two business segments: Powertrain Solutions and Alloys & Metallics (A&M). Its portfolio includes gears, transmissions, CVTs, EV powertrains, electric motors, and precision drivetrain components used in two-wheelers, passenger vehicles, e-bikes, heavy-duty mobility, and aerospace applications.

Key Financial Highlights 

Particulars

FY26

(in ₹ crore)

FY25

(in ₹ crore)

FY24

(in ₹ crore)

Revenue from operations

1,188.35 

1,089.59 

1,064.39

EBITDA

147.78 

114.01

86.28

Profit After Tax (PAT)

41.17 

32.79 

17.04

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.   

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