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MARKETS-ECONOMIC TIMES · INDIAN ·

Hero Motors IPO Day 3: Issue subscribed over 4x, GMP at 7% — Should you subscribe?

As reported by Markets-Economic Times
The Hero Motors IPO is in its final bidding day with strong investor interest. Retail investors have shown significant demand, subscribing their portion multiple times over. The company's shares are trading at a 7% premium in the unofficial grey market. Proceeds will fund debt repayment and capacity expansion initiatives. Hero Motors is positioned to benefit from automotive industry growth trends.
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