GENERAL17 Sept 2026
IPO GMP Today: Hero Motors vs SS Retail vs Jindal Supreme - Which IPO has the best listing gain potential? | Stock Market News
Three IPOs — Hero Motors, SS Retail and Jindal Supreme — opened on September 16, 2026, across automotive, retail and steel. All close on September 18, allotment is expected September 21, and listing tentatively September 23. Hero Motors' grey market premium (GMP) fell to ₹3 from ₹13, so check listing gain chances before you apply.
Key Statutory Highlights
- Hero Motors IPO has a price band of ₹79 to ₹84 per share and has been subscribed around 3 times so far.
- The allotment for all three IPOs is expected on September 21, 2026, with tentative listing on September 23, 2026 on both NSE and BSE.
- Hero Motors' grey market premium has fallen to ₹3 from ₹13 in the previous session, giving an estimated listing price of ₹87 per share.
Actionable Advice for Taxpayers / Founders:If you plan to apply, review the final subscription numbers and grey market premium before the issues close on September 18, and treat estimated listing prices as an indication only, not a promise of profit.
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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