{"id":254456,"date":"2026-09-18T08:28:43","date_gmt":"2026-09-18T02:58:43","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=254456"},"modified":"2026-09-18T08:28:43","modified_gmt":"2026-09-18T02:58:43","slug":"hero-motors-initial-public-offering-day-3-subscription-18-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/hero-motors-initial-public-offering-day-3-subscription-18-september-2026\/","title":{"rendered":"Hero Motors IPO Day 3: Subscription Closes Today, 18 September 2026"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Hero Motors IPO closes today, 18 Sep 2026. Subscribed 3.58x through Day 2 (5:07 PM): Retail 5.34x, NII 4.14x, QIB 0.07x. Price band Rs 79-84.<\/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 its final day of bidding on 18 September 2026, with the subscription window closing today. The issue has built through its bidding window, from 1.48 times at the Day 1 close to around 3.58 times by the close of Day 2, with retail leading at 5.34 times and NII at 4.14 times, while the QIB portion, excluding anchor allocation, stood at 0.07 times. With bidding open until the end of today&#8217;s session, the final Hero Motors IPO subscription figure could move higher still.<\/p>\n<\/p><\/div>\n<p>Hero Motors Limited, the automotive technology flagship of the Hero Group, has reached the final day of its IPO subscription window today, 18 September 2026. The Hero Motors IPO opened on 16 September and is a mainboard, book built issue worth about Rs 1,000 crore, comprising a fresh issue of Rs 600 crore and an offer for sale of Rs 400 crore. The shares are proposed to list on both NSE and BSE.<\/p>\n<p>Demand for the issue has built steadily through the bidding window. The issue closed Day 1 subscribed 1.48 times overall, and by the close of Day 2 the overall book had climbed to around 3.58 times, with retail crossing 5 times subscription. The QIB category, excluding the anchor book, remained thin at 0.07 times as of the Day 2 close, and today&#8217;s final hours will be the key window for institutional bids.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=hero-motors-ipo-day3\"><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-3-subscription-18-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-3-subscription-18-september-2026\/#Hero_Motors_IPO_Subscription_Status_Day_3\" title=\"Hero Motors IPO Subscription Status Day 3\">Hero Motors IPO Subscription Status Day 3<\/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-3-subscription-18-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-3-subscription-18-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-3-subscription-18-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-3-subscription-18-september-2026\/#What_is_the_Hero_Motors_IPO_subscription_status_on_Day_3\" title=\"What is the Hero Motors IPO subscription status on Day 3?\">What is the Hero Motors IPO subscription status on Day 3?<\/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-3-subscription-18-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-3-subscription-18-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-3-subscription-18-september-2026\/#Which_category_led_the_Hero_Motors_IPO_subscription\" title=\"Which category led the Hero Motors IPO subscription?\">Which category led the Hero Motors IPO subscription?<\/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-3-subscription-18-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-3-subscription-18-september-2026\/#How_do_I_apply_for_the_Hero_Motors_IPO_before_it_closes\" title=\"How do I apply for the Hero Motors IPO before it closes?\">How do I apply for the Hero Motors IPO before it closes?<\/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-3-subscription-18-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-3-subscription-18-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-3-subscription-18-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-3-subscription-18-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_3\"><\/span><strong>Hero Motors IPO Subscription Status Day 3<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the close of Day 2.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Session<\/th>\n<th>Overall<\/th>\n<th>Retail<\/th>\n<th>NII<\/th>\n<th>QIB<\/th>\n<\/tr>\n<tr>\n<td>Day 1 close (16 Sep, 5:08 PM)<\/td>\n<td>1.48x<\/td>\n<td>2.38x<\/td>\n<td>1.33x<\/td>\n<td>0.01x<\/td>\n<\/tr>\n<tr>\n<td>Day 2 close (17 Sep, 5:07 PM)<\/td>\n<td>3.58x<\/td>\n<td>5.34x<\/td>\n<td>4.14x<\/td>\n<td>0.07x<\/td>\n<\/tr>\n<tr>\n<td>Day 3, closing day so far (18 Sep)<\/td>\n<td colspan=\"4\">Updating through the session<\/td>\n<\/tr>\n<\/table>\n<p>Retail and NII investors have driven the demand for the issue through the bidding window, while the QIB book, excluding anchors, has yet to build meaningfully. With bidding open until the end of today&#8217;s session, the final subscription numbers for the issue should be confirmed on the NSE and BSE websites once the window shuts.<\/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 well before the cut off today, since the issue closes for good after this session.<\/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 it closes today.<\/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 closed out its bidding window with solid momentum, running at around 3.58 times overall by the close of Day 2, led by retail and NII demand. 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 before the window shuts today.<\/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_3\"><\/span><strong>What is the Hero Motors IPO subscription status on Day 3?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On the closing day, 18 September 2026, the issue carries forward a Day 2 close of 3.58 times overall, with retail at 5.34 times, NII at 4.14 times, and QIB at 0.07 times, and figures are updating through today&#8217;s final session.<\/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 today, 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 investment to about Rs 14,952 at the upper price band.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_category_led_the_Hero_Motors_IPO_subscription\"><\/span><strong>Which category led the Hero Motors IPO subscription?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Retail investors led the issue through Day 2, reaching 5.34 times, ahead of NII at 4.14 times, while the QIB portion, excluding the anchor book, remained thin at 0.07 times as of the Day 2 close.<\/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_before_it_closes\"><\/span><strong>How do I apply for the Hero Motors IPO before it closes?<\/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 today&#8217;s 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 3.58 times by the Day 2 close, so the issue is well placed to close oversubscribed, though the QIB book, excluding anchors, which stood at only 0.07 times, will only become clearer closer to today&#8217;s 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 3?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"On the closing day, 18 September 2026, the issue carries forward a Day 2 close of 3.58 times overall, with retail at 5.34 times, NII at 4.14 times, and QIB at 0.07 times, and figures are updating through today's final session.\"}},{\"@type\":\"Question\",\"name\":\"When does the issue close?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue closes for subscription today, 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 investment to about Rs 14,952 at the upper price band.\"}},{\"@type\":\"Question\",\"name\":\"Which category led the issue subscription?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Retail investors led the issue through Day 2, reaching 5.34 times, ahead of NII at 4.14 times, while the QIB portion, excluding the anchor book, remained thin at 0.07 times as of the Day 2 close.\"}},{\"@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 before it closes?\",\"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 today's 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 3.58 times by the Day 2 close, so the issue is well placed to close oversubscribed, though the QIB book, excluding anchors, which stood at only 0.07 times, will only become clearer closer to today's 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 3 Subscription Status 18 Sep 2026\",\"description\":\"The issue closes today, 18 September 2026. Day 3 subscription status 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-3-subscription-18-september-2026\"}}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hero Motors IPO closes today. Day 3 subscription status and how to apply before the window shuts.<\/p>\n","protected":false},"author":29,"featured_media":254454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[2052],"class_list":["post-254456","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":["254454"],"rank_math_title":["Hero Motors IPO Day 3 Subscription Status 18 Sep 2026"],"rank_math_description":["Hero Motors IPO closes today, 18 September 2026. Day 3 subscription status and how to apply."],"rank_math_focus_keyword":["Hero Motors IPO"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/hero-motors-initial-public-offering-day-3-subscription-18-september-2026.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/254456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=254456"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/254456\/revisions"}],"predecessor-version":[{"id":254457,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/254456\/revisions\/254457"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/254454"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=254456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=254456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=254456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}