GENERAL18 Sept 2026
Final day to buy Hero Motors, SS Retail, Jindal Supreme: Which issue has highest IPO GMP? Check subscription, review | Stock Market News
Bidding for three initial public offerings (IPOs) — Hero Motors, SS Retail and Jindal Supreme — closes today, 18 September. They opened on 16 September. If you applied, allotment is expected on 21 September, and listing is tentatively set for 23 September on NSE and BSE. Hero Motors has drawn about 7.3 times subscription, with a grey market premium of ₹4. Check your application status before allotment.
Key Statutory Highlights
- Hero Motors IPO has received about 7.3 times subscription, with a grey market premium of ₹4 against its ₹79 to ₹84 price band.
- Allotment for all three IPOs is expected to be finalised on 21 September 2026.
- Hero Motors' ₹1,000 crore issue needs ₹14,952 to apply for one retail lot of 178 shares.
Actionable Advice for Taxpayers / Founders:If you applied to any of these three IPOs, check your allotment status on or after 21 September 2026 and make sure your payment is ready. Treat grey market premium as a market signal only, not a promise of listing gains.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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