Hero Motors raises about ₹300 crore from anchor investors
Hero Motors Ltd said it garnered nearly ₹300 crore from anchor investors ahead of its IPO, opening for subscriptions on September 16.
Auto parts maker Hero Motors Ltd on Tuesday (September 15) garnered nearly ₹300 crore from anchor investors ahead of its initial public offering (IPO), which opens for subscription on September 16. 57 crore equity shares to anchor investors at ₹84 apiece, the top end of the IPO price band.