Hero Motors IPO Subscription Status — Day-wise, QIB, NII & Retail
Hero Motors IPO subscription status shows how many times the issue has been bid for, split across QIB, NII and retail categories. It is subscribed 0.63x on NSE so far (NSE + BSE combined 1.09x), as of 16 Sep 2026, 14:39 IST (NSE) — the category breakdown is below.
Subscription window: 16 Sep 2026 to 18 Sep 2026. Page data as of 16 Sep 2026.
Hero Motors subscription by category (so far)
| Category | Shares offered | Shares bid for | Times subscribed |
|---|---|---|---|
| QIB | 25,316,456 | 2,492 | <0.01x |
| NII | 18,987,342 | 10,779,858 | 0.57x |
| bNII (above Rs 10 lakh) | 12,658,228 | 4,052,526 | 0.32x |
| sNII (Rs 2–10 lakh) | 6,329,114 | 6,727,332 | 1.06x |
| Retail (RII) | 44,303,798 | 44,605,376 | 1.01x |
| Total | 88,607,596 | 55,387,726 | 0.63x |
NSE bids only, as of 16 Sep 2026, 14:39 IST (NSE); NSE + BSE combined total 1.09x. A dash means NSE had not reported that row. Symbol HEROMOTORS.
Hero Motors subscription categories explained
- QIB — qualified institutional buyers (mutual funds, banks, FIIs). Strong QIB demand is often read as a confidence signal.
- NII / HNI — non-institutional bids above Rs 2 lakh (sNII Rs 2–10 lakh, bNII above Rs 10 lakh).
- Retail — applications up to Rs 2 lakh. Heavy retail oversubscription means allotment by lottery.
How subscription affects Hero Motors allotment and GMP
The more the retail portion is oversubscribed, the lower each applicant's odds — allotment becomes a lottery for one lot. Sentiment shows up in the grey market too: Hero Motors's latest tracked GMP is Rs 5 (5.95% of the upper band). GMP is unofficial and volatile — never a forecast. See Hero Motors's GMP page and how allotment works in allotment tips.
FAQs
What is Hero Motors IPO subscription status?
Hero Motors is subscribed 0.63x on NSE (1.09x NSE and BSE combined) as of 16 Sep 2026, 14:39 IST (NSE). The table on this page breaks that down by QIB, NII and retail.
Does high subscription mean I will get Hero Motors allotment?
No — the opposite. Heavy retail oversubscription means allotment is by lottery, so your odds fall. High subscription signals demand, but does not improve your individual allotment chance.