Hero Motors IPO GMP Today
The Hero Motors IPO GMP is -₹3 (-3.6% over the upper price band of ₹84) as of 23 Sep 2026, giving an estimated listing price of ₹81 per share. On a minimum application of 178 shares, that is an estimated loss of ₹534. GMP has fallen by ₹11 since tracking began on 10 Sep.
Last updated
- Issue Price
- ₹84
- GMP
- -₹3
- GMP %
- -3.6%
- Est. listing
- ₹81
- Est. gain / application
- -₹534
Hero Motors IPO GMP trend
Tracked for 14 days. High ₹24 on 12 Sep, low -₹3 on 22 Sep.
Hero Motors IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (178 sh) |
|---|---|---|---|---|---|
| (latest) | -₹3 | 0 | -3.57% | ₹81 | -₹534 |
| -₹3 | -₹1 | -3.57% | ₹81 | -₹534 | |
| -₹2 | 0 | -2.38% | ₹82 | -₹356 | |
| -₹2 | 0 | -2.38% | ₹82 | -₹356 | |
| -₹2 | -₹2 | -2.38% | ₹82 | -₹356 | |
| ₹0 | -₹5.50 | 0.00% | ₹84 | ₹0 | |
| ₹5.50 | -₹7.50 | 6.55% | ₹89.50 | +₹979 | |
| ₹13 | -₹6 | 15.48% | ₹97 | +₹2,314 | |
| ₹19 | -₹4 | 22.62% | ₹103 | +₹3,382 | |
| ₹23 | -₹1 | 27.38% | ₹107 | +₹4,094 | |
| ₹24 | 0 | 28.57% | ₹108 | +₹4,272 | |
| ₹24 | +₹14 | 28.57% | ₹108 | +₹4,272 | |
| ₹10 | +₹2 | 11.90% | ₹94 | +₹1,780 | |
| ₹8 | — | 9.52% | ₹92 | +₹1,424 |
Est. listing = upper price band (₹84) + GMP. Est. gain = GMP × 178 shares (1 lot, the minimum application).
Hero Motors IPO subscription status
| QIB | 1.59x |
|---|---|
| bNII | 8.62x |
| sNII | 14.20x |
| Retail | 8.76x |
| Total | 7.08x |
Reading the Hero Motors IPO GMP
The grey market premium is the price above the issue price at which Hero Motors IPO shares are informally traded before listing. A GMP of -₹3 on an upper band of ₹84 suggests the shares could open around ₹81, if grey market sentiment holds until listing day.
GMP is not set by the company, the exchanges or SEBI. It moves daily with market conditions and subscription demand. Check it together with the subscription numbers and the company's financials before applying.
A negative GMP means grey market participants currently expect the shares to list below the issue price on listing.
Hero Motors IPO GMP: FAQs
- What is Hero Motors IPO GMP today?
- The latest grey market premium (GMP) for the Hero Motors IPO is -₹3 as of 23 September 2026, which is -3.57% over the upper price band of ₹84.
- What is the expected listing price of Hero Motors IPO?
- Based on the current GMP, the estimated listing price of Hero Motors IPO is ₹81 per share (₹84 issue price + -₹3 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Hero Motors IPO?
- The lot size is 178 shares. The minimum application is 1 lot, which costs ₹14,952 at the upper price band.
- Is IPO GMP reliable?
- GMP reflects unofficial trades before listing and changes daily with market mood and subscription demand. It is a useful sentiment indicator but often differs from the actual listing price, so use it alongside the company's financials and subscription data.
GMP is an unofficial indicator compiled from grey market sources and is not investment advice. Actual listing prices can differ significantly. Read the offer document before investing.