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Live News EQUITY ARTICLE M impact

Hero Motors raises ₹299.99 crore from anchor investors ahead of IPO

Hero Motors Ltd said it garnered ₹299.99 crore from anchor investors ahead of its IPO, which opens for public subscription on Wednesday, and allocated 3,57,14,284 equity shares.

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99 crore from anchor investors ahead of its initial public offering (IPO), which opens for public subscription on Wednesday. The company told the bourses it allotted 3,57,14,284 equity shares.