{"id":250722,"date":"2026-09-17T09:20:15","date_gmt":"2026-09-17T03:50:15","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=250722"},"modified":"2026-09-17T09:20:15","modified_gmt":"2026-09-17T03:50:15","slug":"hero-motors-initial-public-offering-day-2-subscription-17-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/hero-motors-initial-public-offering-day-2-subscription-17-september-2026\/","title":{"rendered":"Hero Motors IPO Day 2: Subscription Status on 17 September 2026"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Hero Motors IPO Day 2, 17 Sep 2026. Subscribed 1.48x at Day 1 close: Retail 2.38x, NII 1.33x, QIB 0.01x. Price band Rs 79-84. Closes 18 Sep.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Hero Motors IPO is on Day 2 of bidding on 17 September 2026, after crossing full subscription on its opening day. The Hero Motors IPO closed Day 1 subscribed 1.48 times overall, with retail investors leading at 2.38 times and non-institutional investors at 1.33 times, while the QIB portion, excluding anchor allocation, stood at just 0.01 times. Bidding for the Hero Motors IPO remains open until 18 September 2026, and investors should track the live category wise numbers on NSE and BSE through the day.<\/p>\n<\/p><\/div>\n<p>The issue has entered Day 2 of its three day bidding window, which opened on 16 September and closes on 18 September 2026. Hero Motors Limited, the automotive technology flagship of the Hero Group, is raising about Rs 1,000 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on both NSE and BSE.<\/p>\n<p>Day 1 bidding for the issue closed with the issue subscribed 1.48 times overall, crossing full subscription on the opening day itself, led by retail and non-institutional demand. With qualified institutional buyers, excluding the anchor book, still nearly untouched at 0.01 times, today&#8217;s session and the 18 September close will be key to how much the QIB book adds.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=hero-motors-ipo-day2\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/hero-motors-initial-public-offering-day-2-subscription-17-september-2026\/#Hero_Motors_IPO_Details\" title=\"Hero Motors IPO Details\">Hero Motors IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/hero-motors-initial-public-offering-day-2-subscription-17-september-2026\/#Hero_Motors_IPO_Subscription_Status_Day_2\" title=\"Hero Motors IPO Subscription Status Day 2\">Hero Motors IPO Subscription Status Day 2<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/hero-motors-initial-public-offering-day-2-subscription-17-september-2026\/#How_to_Apply_for_the_Hero_Motors_IPO\" title=\"How to Apply for the Hero Motors IPO\">How to Apply for the Hero Motors IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/hero-motors-initial-public-offering-day-2-subscription-17-september-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/hero-motors-initial-public-offering-day-2-subscription-17-september-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/hero-motors-initial-public-offering-day-2-subscription-17-september-2026\/#What_is_the_Hero_Motors_IPO_subscription_status_on_Day_2\" title=\"What is the Hero Motors IPO subscription status on Day 2?\">What is the Hero Motors IPO subscription status on Day 2?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/hero-motors-initial-public-offering-day-2-subscription-17-september-2026\/#When_does_the_Hero_Motors_IPO_close\" title=\"When does the Hero Motors IPO close?\">When does the Hero Motors IPO close?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/hero-motors-initial-public-offering-day-2-subscription-17-september-2026\/#What_is_the_Hero_Motors_IPO_price_band_and_lot_size\" title=\"What is the Hero Motors IPO price band and lot size?\">What is the Hero Motors IPO price band and lot size?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/hero-motors-initial-public-offering-day-2-subscription-17-september-2026\/#Which_category_led_the_Hero_Motors_IPO_on_Day_1\" title=\"Which category led the Hero Motors IPO on Day 1?\">Which category led the Hero Motors IPO on Day 1?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/hero-motors-initial-public-offering-day-2-subscription-17-september-2026\/#What_is_the_Hero_Motors_IPO_GMP\" title=\"What is the Hero Motors IPO GMP?\">What is the Hero Motors IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/hero-motors-initial-public-offering-day-2-subscription-17-september-2026\/#How_do_I_apply_for_the_Hero_Motors_IPO\" title=\"How do I apply for the Hero Motors IPO?\">How do I apply for the Hero Motors IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/hero-motors-initial-public-offering-day-2-subscription-17-september-2026\/#When_will_the_Hero_Motors_IPO_be_allotted_and_listed\" title=\"When will the Hero Motors IPO be allotted and listed?\">When will the Hero Motors IPO be allotted and listed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/hero-motors-initial-public-offering-day-2-subscription-17-september-2026\/#Is_the_Hero_Motors_IPO_likely_to_close_oversubscribed\" title=\"Is the Hero Motors IPO likely to close oversubscribed?\">Is the Hero Motors IPO likely to close oversubscribed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/hero-motors-initial-public-offering-day-2-subscription-17-september-2026\/#What_is_the_reservation_split_in_the_Hero_Motors_IPO\" title=\"What is the reservation split in the Hero Motors IPO?\">What is the reservation split in the Hero Motors IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/hero-motors-initial-public-offering-day-2-subscription-17-september-2026\/#What_does_Hero_Motors_Limited_do\" title=\"What does Hero Motors Limited do?\">What does Hero Motors Limited do?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Hero_Motors_IPO_Details\"><\/span><strong>Hero Motors IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets out the key parameters of the issue.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<td><strong>Open Date<\/strong><\/td>\n<td>16 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Close Date<\/strong><\/td>\n<td>18 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Price Band<\/strong><\/td>\n<td>Rs 79 to Rs 84 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Lot Size<\/strong><\/td>\n<td>178 shares<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Size<\/strong><\/td>\n<td>Rs 1,000 crore<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Type<\/strong><\/td>\n<td>Book Built Issue<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing At<\/strong><\/td>\n<td>NSE and BSE<\/td>\n<\/tr>\n<tr>\n<td><strong>Allotment Date<\/strong><\/td>\n<td>21 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing Date<\/strong><\/td>\n<td>23 September 2026<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Hero_Motors_IPO_Subscription_Status_Day_2\"><\/span><strong>Hero Motors IPO Subscription Status Day 2<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Category wise bidding for the issue is updated through the trading session on NSE and BSE. The table below shows the position at the close of Day 1 along with the overall figure recorded so far on Day 2.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Investor Category<\/th>\n<th>Subscription at Day 1 Close (16 Sep, 5:08 PM)<\/th>\n<th>Overall Subscription So Far (Day 2, 17 Sep)<\/th>\n<\/tr>\n<tr>\n<td>Qualified Institutional Buyers (QIB)<\/td>\n<td>0.01 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td>Non-Institutional Investors (NII)<\/td>\n<td>1.33 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td>Retail Individual Investors<\/td>\n<td>2.38 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td><strong>Overall<\/strong><\/td>\n<td><strong>1.48 times<\/strong><\/td>\n<td><strong>Updating through the session<\/strong><\/td>\n<\/tr>\n<\/table>\n<p>Retail investors led the issue through Day 1, followed by NII, while the QIB book, excluding anchor allocation, has barely begun to fill. Investors should treat the Day 2 figures as provisional since bidding remains open until the 18 September close.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Subscription Status for the issue on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Apply_for_the_Hero_Motors_IPO\"><\/span><strong>How to Apply for the Hero Motors IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.<\/li>\n<li>Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 79 to Rs 84 band, in multiples of 178 shares.<\/li>\n<li>Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.<\/li>\n<li>Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 18 September.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to apply for the issue before the 18 September close.<\/em><\/p>\n<p>Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The issue has opened strongly, crossing full subscription within Day 1 with retail and NII demand leading the way, while the QIB book excluding anchors has room to build before the 18 September close. Investors considering the issue should review the company financials and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Hero_Motors_IPO_subscription_status_on_Day_2\"><\/span><strong>What is the Hero Motors IPO subscription status on Day 2?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue closed Day 1 subscribed 1.48 times overall, with retail leading at 2.38 times, NII at 1.33 times, and QIB at 0.01 times, and figures for Day 2, 17 September 2026, are updating through today&#8217;s session on NSE and BSE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_does_the_Hero_Motors_IPO_close\"><\/span><strong>When does the Hero Motors IPO close?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue closes for subscription on 18 September 2026, having opened on 16 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Hero_Motors_IPO_price_band_and_lot_size\"><\/span><strong>What is the Hero Motors IPO price band and lot size?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue price band is Rs 79 to Rs 84 per share, with a lot size of 178 shares, taking the minimum retail investment to about Rs 14,952 at the upper band.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_category_led_the_Hero_Motors_IPO_on_Day_1\"><\/span><strong>Which category led the Hero Motors IPO on Day 1?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Retail investors led the issue on Day 1, subscribing their reserved portion 2.38 times, ahead of non-institutional investors at 1.33 times, while the QIB portion, excluding the anchor book, stood at just 0.01 times.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Hero_Motors_IPO_GMP\"><\/span><strong>What is the Hero Motors IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_apply_for_the_Hero_Motors_IPO\"><\/span><strong>How do I apply for the Hero Motors IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 178 shares within the Rs 79 to Rs 84 band and approving the UPI mandate before the daily cut off.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_will_the_Hero_Motors_IPO_be_allotted_and_listed\"><\/span><strong>When will the Hero Motors IPO be allotted and listed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue allotment is expected to be finalised on 21 September 2026, with listing on both NSE and BSE tentatively scheduled for 23 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Hero_Motors_IPO_likely_to_close_oversubscribed\"><\/span><strong>Is the Hero Motors IPO likely to close oversubscribed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue was already subscribed 1.48 times by the Day 1 close, so barring a sharp slowdown, the issue is well placed to close oversubscribed, though the QIB book, which stood at only 0.01 times excluding anchors, will only become clearer closer to the 18 September deadline.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_reservation_split_in_the_Hero_Motors_IPO\"><\/span><strong>What is the reservation split in the Hero Motors IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue reserves not more than 50 percent of the offer for qualified institutional buyers, not less than 15 percent for non-institutional investors, and 35 percent for retail individual investors.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Hero_Motors_Limited_do\"><\/span><strong>What does Hero Motors Limited do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Hero Motors Limited, part of the Hero Group, designs, develops and manufactures electrified and non-electrified powertrain solutions and alloy and metallic components for automotive OEMs, serving two-wheelers, e-bikes and performance automotive customers.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the issue subscription status on Day 2?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue closed Day 1 subscribed 1.48 times overall, with retail leading at 2.38 times, NII at 1.33 times, and QIB at 0.01 times, and figures for Day 2, 17 September 2026, are updating through today's session on NSE and BSE.\"}},{\"@type\":\"Question\",\"name\":\"When does the issue close?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue closes for subscription on 18 September 2026, having opened on 16 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue price band and lot size?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue price band is Rs 79 to Rs 84 per share, with a lot size of 178 shares, taking the minimum retail investment to about Rs 14,952 at the upper band.\"}},{\"@type\":\"Question\",\"name\":\"Which category led the issue on Day 1?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Retail investors led the issue on Day 1, subscribing their reserved portion 2.38 times, ahead of non-institutional investors at 1.33 times, while the QIB portion, excluding the anchor book, stood at just 0.01 times.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue GMP?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.\"}},{\"@type\":\"Question\",\"name\":\"How do I apply for the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 178 shares within the Rs 79 to Rs 84 band and approving the UPI mandate before the daily cut off.\"}},{\"@type\":\"Question\",\"name\":\"When will the issue be allotted and listed?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue allotment is expected to be finalised on 21 September 2026, with listing on both NSE and BSE tentatively scheduled for 23 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Is the issue likely to close oversubscribed?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue was already subscribed 1.48 times by the Day 1 close, so barring a sharp slowdown, the issue is well placed to close oversubscribed, though the QIB book, which stood at only 0.01 times excluding anchors, will only become clearer closer to the 18 September deadline.\"}},{\"@type\":\"Question\",\"name\":\"What is the reservation split in the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue reserves not more than 50 percent of the offer for qualified institutional buyers, not less than 15 percent for non-institutional investors, and 35 percent for retail individual investors.\"}},{\"@type\":\"Question\",\"name\":\"What does Hero Motors Limited do?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Hero Motors Limited, part of the Hero Group, designs, develops and manufactures electrified and non-electrified powertrain solutions and alloy and metallic components for automotive OEMs, serving two-wheelers, e-bikes and performance automotive customers.\"}}]}<\/script><\/div>\n<div class=\"article-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Article\",\"headline\":\"The issue Day 2 Subscription Status 17 Sep 2026\",\"description\":\"The issue Day 2 subscription status on 17 September 2026. Category wise bids, price band and how to apply.\",\"author\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"publisher\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/univest.in\/blogs\/hero-motors-initial-public-offering-day-2-subscription-17-september-2026\"}}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hero Motors IPO Day 2 subscription update for 17 September 2026, with category wise bidding trends and how to apply.<\/p>\n","protected":false},"author":29,"featured_media":250721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[2052],"class_list":["post-250722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-hero-motors-ipo"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["250721"],"rank_math_title":["Hero Motors IPO Day 2 Subscription Status 17 Sep 2026"],"rank_math_description":["Hero Motors IPO Day 2 subscription status on 17 September 2026. 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