Hero FinCorp, a subsidiary of Hero MotoCorp, is planning to raise funds through an initial public offering (IPO). This IPO will consist of a fresh issue of shares valued at up to Rs 4,000 crore, along with an offer for sale by specific existing and eligible shareholders.
Hyundai GMP indicates 3% loss for IPO investors on listing day
Hyundai Motor India’s shares currently trading at a discount to the issue price of Rs 1,960. The grey market premium (GMP) stands at Rs 1,903,