Mumbai, Sept. 23 -- The stock debuted at Rs 82.10 on the BSE, a discount of 2.26% over its issue price.
So far, the stock has hit a high of Rs 94.55 and a low of Rs 80.50. On the BSE, over 73.62 lakh shares of the company were traded in the counter so far.
Hero Motors was subscribed 6.66 times. The issue opened for bidding on 16 September 2026 and closed on 18 September 2026. The price band of the IPO is fixed between Rs 79 and 84 per share.
The IPO comprised a fresh issue of equity shares worth up to Rs 600 crore and an offer aggregating up to Rs 400 crore by O P Munjal Holdings and Hero Cycle.
As of July 31, 2026, Hero Motors had total outstanding borrowings of Rs 289.54 crore. The company proposes to use Rs 190 crore from the fresh i...