Hero Motors IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.01 | 0.07 | 1.59 |
| NII | 1.33 | 4.14 | 10.47 |
| bNII | 0.76 | 2.78 | 8.62 |
| sNII | 2.46 | 6.87 | 14.17 |
| RII | 2.38 | 5.34 | 8.62 |
| Total | 1.48 | 3.58 | 7.01 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Hero Motors IPO minimum market lot is 178 shares with ā¹14,952 application amount. The Hero Motors IPO is a Mainboard IPO, and it is to be listed on BSE & NSE.
Business Overview
Hero Motors Limited is one of the leading companies in the case of design, development, and supply of advanced powertrain solutions to OEMs in the US, Europe, India, and ASEAN. The company offers a variety of products used in different types of vehicles, such as two-wheelers, e-bikes, high-performance cars, off-road vehicles, electric and hybrid cars, heavy-duty vehicles, and eVTOL aircraft.
The company is blessed with various products, as its products are deployed in various things such as bikes, e-bikes, cars, off-road and heavy vehicles, electric and hybrid models, and flying vehicles like eVTOLs. Hero Motor Limited has two main business areas: Powertrain Solutions, systems that help vehicles move by turning energy into motion. Alloys and Metallics, which are Special materials used in electric, fuel-based, and hybrid vehicles, are suitable for all types of powertrains.
Hero Motors IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Hero Motors IPO Review and Rating
- May Apply For Long-term View
Hero Motors IPO Form
How to apply for the Hero Motors IPO? You can apply for Hero Motors IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Hero Motors IPO in the Invest section. The other option is you can apply for Hero Motors IPO via IPO forms downloaded online. Check out the Hero Motors forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
