Hero Motors Ltd IPO Day 2 Subscriptions details: check bidding details

Hero Motors Ltd IPO day 2 subscription details:

The initial public offering of Hero Motors Ltd ended the second day with investors bidding 2.36 the available shares on offer worth 1000.00. The retail investor portion of the IPO was subscribed 3.71 times the available shares on offer. Retail investors have 50.00% of the total issue reserved for them.

At the end of bidding on day 2, the qualified institutional buyers' (QIB) portion of the IPO got bids for 0.01 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non-institutional investors quota got bids for 2.32 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Read More: Hero Motors Ltd IPO day 1 subscriptions details

Here's a snapshot of the subscription details:

Hero Motors Ltd IPO details :

Hero Motors Ltd's IPO consists of an offer for sale of 400.00 shares and a fresh issue of ₹600.00. The IPO’s price band is ₹79 – ₹84 per share. The company’s shares will be listed on BSE, NSE on 23 Sep 26.

Here are the key details of Hero Motors Ltd IPO

Offer for sale: 400.00 shares

Fresh issue: 600.00

Price Band: ₹79 – ₹84 per share

Bid open dates: 16 Sep 26

Allotment date: 21 Sep 26

Listing date: 23 Sep 26

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