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HomeFinanceHero Motors IPO Day 3: GMP at 7%; Check subscription status and key details. Should you subscribe?
Finance1h ago

Hero Motors IPO Day 3: GMP at 7%; Check subscription status and key details. Should you subscribe?

Economic Times — Markets
Economic Times — Markets✓
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Hero Motors IPO Day 3: GMP at 7%; Check subscription status and key details. Should you subscribe?

Hero Motors IPO enters its final bidding day with 3.37x subscription by Day 2, led by strong retail demand. The ₹1,000 crore issue is priced at ₹79–₹84, while grey-market premium indicates a potential 7% upside. Funds will support debt repayment, capacity expansion and acquisitions, with analysts highlighting its automotive technology and EV exposure.

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Economic Times — Markets

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