Hero Motors raises Rs 300 crore from anchors for Rs 1,000 crore IPO
Hero Motors said it raised nearly Rs 300 crore from anchor investors ahead of its Rs 1,000 crore IPO opening Wednesday.
Hero Motors’s IPO consists of a fresh issue of Rs 600 crore and an offer for sale, or OFS, worth Rs 400 crore. The automotive components and advanced mobility manufacturer has raised nearly Rs 300 crore from anchor investors ahead of the opening of its Rs 1,000 crore initial public offering on Wedn…