GENERAL10 Sept 2026
Hero Motors IPO: Price band set at ₹79-84 per share; check key dates, issue details | Stock Market News
Hero Motors has set its initial public offering (IPO) price band at ₹79 to ₹84 per share, open for bidding from 16 to 18 September. Retail investors get at least 35% of the offer, and shares should list on 23 September. The fresh issue money will cut debt and expand its Uttar Pradesh plant. If you plan to apply, note the 178-share lot size first.
Key Statutory Highlights
- The Hero Motors IPO opens for subscription on 16 September and closes on 18 September, with the price band at ₹79 to ₹84 per share.
- Not less than 35% of the offer is reserved for retail investors, while not more than 50% is set aside for qualified institutional buyers (QIBs).
- The issue has a fresh issue of ₹600 crore and an offer for sale of ₹400 crore, and the shares are expected to list on 23 September.
Actionable Advice for Taxpayers / Founders:If you are considering applying, read the prospectus and check the 178-share lot size, your broker's cut-off timing and the 18 September closing date before you bid. Allotment is not guaranteed and IPO shares carry market risk.
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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