# Indian corporate IPO activities > Live situation record from CLSTR: https://clstr.news/situations/indian-corporate-ipo-activities > Updated: 2026-09-23T04:07:10.000Z. Sources: 6. Developments: 2. On September 16, 2026, three mainboard initial public offerings (IPOs) opened for subscription in India, including SS Retail, Jindal Supreme, and Hero Motors. Collectively, the companies aimed to raise approximately ₹1,625 crore. Hero Motors launched the largest offering, seeking ₹1,000 crore through a combination of a fresh issue and an offer for sale. By September 23, Hero Motors debuted on the NSE and BSE. The shares listed at a discount, opening at ₹82 on the NSE and ₹82.10 on the BSE, which represented a discount of approximately 2.26% to 2.38% from the final issue price of ₹84 per share. The IPO saw a total subscription of 6.66 times, with non-institutional investors leading the subscription at 9.86 times. Following the initial discount, Hero Motors experienced a significant post-listing rally. By Friday, September 25, the share price hit an intraday high of ₹141.85, representing a nearly 69% increase from its original IPO price. This surge was attributed to strong secondary-market demand, investor optimism regarding the company’s electric vehicle (EV) and powertrain exposure, and a large block deal involving approximately 2.4 crore shares valued at ₹281 crore. Total turnover across the BSE and NSE reached ₹1,435.5 crore on the first day of trading. ## Timeline ### 2026-09-23: Hero Motors shares rally 69% above IPO price Hero Motors Limited shares have surged nearly 69% above their ₹84 IPO price following a strong post-listing rally driven by EV optimism and high market demand. 4 sources. https://clstr.news/cluster/hero-motors-ipo-lists-at-a-discount-on-nse-and-bse ### 2026-09-16: SS Retail, Hero Motors, and Jindal Supreme launch IPOs SS Retail, Hero Motors, and Jindal Supreme have opened their IPOs for subscription, aiming to raise a combined ₹1,625 crore through September 18, 2026. 4 sources. https://clstr.news/cluster/ss-retail-hero-motors-and-jindal-supreme-launch-ipos --- Cite as: Indian corporate IPO activities. CLSTR, https://clstr.news/situations/indian-corporate-ipo-activities