Hero Motors vs Jindal Supreme IPO GMP: Which IPO Has Higher GMP?

IPO GMP COMPARISON

Hero Motors vs Jindal Supreme IPO GMP Today

Hero Motors IPO and Jindal Supreme IPO are opening for subscription on 16 September 2026. Check today’s GMP, estimated listing price, GMP percentage, lot size, investment amount and other key IPO details.

Last Updated: 16 September 2026
Latest GMP
₹20
Estimated Listing: ₹104
Latest GMP
₹28
Estimated Listing: ₹121

Hero Motors vs Jindal Supreme IPO: Quick Comparison

IPO Detail Hero Motors IPO Jindal Supreme IPO
IPO Type Mainboard Mainboard
IPO Open Date 16 September 2026 16 September 2026
IPO Close Date 18 September 2026 18 September 2026
Price Band ₹79 – ₹84 ₹88 – ₹93
Latest GMP ₹20 ₹28
Estimated Listing Price ₹104 ₹121
Estimated GMP Gain 23.81% 30.11%
Lot Size 178 Shares 161 Shares
Minimum Investment ₹14,952 ₹14,973
Estimated Profit Per Lot ₹3,560 ₹4,508
Expected Listing Date 23 September 2026 23 September 2026

Hero Motors IPO GMP Today – 16 September 2026

Hero Motors IPO GMP: ₹20
Price Band: ₹79 – ₹84
Estimated Listing Price: ₹84 + ₹20 = ₹104
Estimated GMP Gain: 23.81%
Estimated Profit Per Lot: ₹3,560

Based on the GMP of ₹20 and the upper IPO price band of ₹84, the estimated listing price works out to ₹104. Hero Motors has fixed its IPO price band at ₹79 to ₹84 per share for its ₹1,000 crore issue.

Check Hero Motors IPO GMP Today →

Jindal Supreme IPO GMP Today – 16 September 2026

Jindal Supreme IPO GMP: ₹28
Price Band: ₹88 – ₹93
Estimated Listing Price: ₹93 + ₹28 = ₹121
Estimated GMP Gain: 30.11%
Estimated Profit Per Lot: ₹4,508

With a GMP of ₹28 and an upper price band of ₹93, the GMP-based estimated listing price is ₹121 per share. Jindal Supreme IPO is scheduled to remain open from 16 September to 18 September 2026.

Check Jindal Supreme IPO GMP Today →

Hero Motors vs Jindal Supreme GMP Difference

₹20 Hero Motors GMP
₹28 Jindal Supreme GMP
₹8 GMP Difference
₹121 Jindal Estimated Listing
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Flat ₹20 Per Trade.
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On 16 September 2026, the GMP figures supplied for this comparison are ₹20 for Hero Motors and ₹28 for Jindal Supreme. The difference between the two reported GMP figures is ₹8 per share.

Hero Motors vs Jindal Supreme Estimated Listing Price

Hero Motors

₹84 + ₹20 GMP = ₹104

Jindal Supreme

₹93 + ₹28 GMP = ₹121

These are GMP-based estimates calculated using the upper end of each IPO’s price band. The actual listing price can be different from the estimated price.

GMP Percentage Calculation

Hero Motors IPO GMP Percentage

(₹20 ÷ ₹84) × 100 = 23.81%

Jindal Supreme IPO GMP Percentage

(₹28 ÷ ₹93) × 100 = 30.11%

Hero Motors vs Jindal Supreme IPO Profit Per Lot

Calculation Hero Motors Jindal Supreme
Upper Price Band ₹84 ₹93
GMP ₹20 ₹28
Lot Size 178 161
Investment ₹14,952 ₹14,973
Estimated Listing Price ₹104 ₹121
Estimated Listing Value ₹18,512 ₹19,481
Estimated GMP Profit ₹3,560 ₹4,508

Hero Motors vs Jindal Supreme IPO Important Dates

IPO Event Hero Motors Jindal Supreme
IPO Opens 16 September 2026 16 September 2026
IPO Closes 18 September 2026 18 September 2026
Allotment 21 September 2026 21 September 2026
Refund / Unblock 22 September 2026 22 September 2026
Demat Credit 22 September 2026 22 September 2026
Listing 23 September 2026 23 September 2026

Hero Motors IPO – Key Details

Hero Motors is an auto-component and advanced mobility solutions company. Its IPO has a price band of ₹79 to ₹84 per share and the company is raising approximately ₹1,000 crore through the issue.

View Hero Motors IPO GMP Details →

IPO Hero Motors IPO
Price Band ₹79 – ₹84
Issue Size ₹1,000 Crore
Latest GMP ₹20
Estimated Listing ₹104
Lot Size 178 Shares
Minimum Investment ₹14,952

Jindal Supreme IPO – Key Details

Jindal Supreme is launching its IPO with a price band of ₹88 to ₹93 per share. The issue is scheduled to open on 16 September 2026 and close on 18 September 2026.

View Jindal Supreme IPO GMP Details →

IPO Jindal Supreme IPO
Price Band ₹88 – ₹93
Issue Size ₹124.88 Crore
Latest GMP ₹28
Estimated Listing ₹121
Lot Size 161 Shares
Minimum Investment ₹14,973

Hero Motors vs Jindal Supreme IPO GMP Today

Date Hero Motors GMP Jindal Supreme GMP Difference
16 September 2026 ₹20 ₹28 ₹8

The GMP figures can change during the day as grey-market sentiment changes. TradingMinds will update the figures when new GMP data becomes available.

What Does IPO GMP Mean?

IPO GMP stands for Grey Market Premium. It is an unofficial premium at which IPO shares may trade in the grey market before their official stock-market listing.

GMP is not an official exchange price and is not guaranteed to translate into the actual listing price. It can change rapidly before the listing.

Estimated Listing Price = IPO Upper Price + GMP

Hero Motors vs Jindal Supreme IPO: Key Points

  • Hero Motors IPO GMP is ₹20 as of 16 September 2026.
  • Jindal Supreme IPO GMP is ₹28 as of 16 September 2026.
  • The difference between the reported GMP figures is ₹8 per share.
  • Hero Motors’ GMP-based estimated listing price is ₹104.
  • Jindal Supreme’s GMP-based estimated listing price is ₹121.
  • Hero Motors GMP-based estimate is approximately 23.81% above its upper price band.
  • Jindal Supreme GMP-based estimate is approximately 30.11% above its upper price band.
  • GMP is unofficial and actual listing prices may differ.

Hero Motors vs Jindal Supreme IPO FAQs

What is Hero Motors IPO GMP today?

Hero Motors IPO GMP is ₹20 as of 16 September 2026, based on the GMP figure used in this comparison. Check the latest Hero Motors IPO GMP →

What is Jindal Supreme IPO GMP today?

Jindal Supreme IPO GMP is ₹28 as of 16 September 2026, based on the GMP figure used in this comparison. Check the latest Jindal Supreme IPO GMP →

What is the estimated listing price of Hero Motors IPO?

Using the upper price band of ₹84 and GMP of ₹20, the GMP-based estimated listing price is ₹104.

What is the estimated listing price of Jindal Supreme IPO?

Using the upper price band of ₹93 and GMP of ₹28, the GMP-based estimated listing price is ₹121.

What is the GMP difference between Hero Motors and Jindal Supreme?

The reported GMP difference is ₹8 per share: ₹28 for Jindal Supreme versus ₹20 for Hero Motors.

Is IPO GMP guaranteed?

No. IPO GMP is an unofficial grey-market indicator and does not guarantee the actual listing price or listing gain.

Disclaimer

IPO Grey Market Premium (GMP) is unofficial and can change rapidly. GMP-based estimated listing prices and profit figures are calculations based on the reported GMP and upper IPO price band and should not be treated as guaranteed returns.

Investors should review the company’s official IPO documents, financial performance, valuation, risks and other relevant information before making any investment decision.

TradingMinds does not guarantee the accuracy or continuation of any grey-market premium and does not provide investment advice.
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