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The Economic Times
The Economic Times
Ritesh Presswala

Hero Motors IPO Day 3 GMP: Issue subscribed over 6x, GMP at 7%. Check details

Hero Motors IPO United States

Hero Motors IPO was oversubscribed 6.66 times against the 8.86 crore shares on offer by the end of the third and final day of bidding, according to NSE data.

In the unofficial grey market, the IPO is currently commanding a 7% premium over its issue price. If the prevailing sentiment holds, this could indicate potential gains when the shares make their market debut, although grey market premiums are unofficial and can change before listing.

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