BusinessAI imageHero Motors IPO Day 2: GMP Indicates Listing Price Above Upper Band
On the second day of Hero Motors' IPO, the Grey Market Premium (GMP) stands at Rs 5.5, implying a listing price of approximately Rs 89.5 per share. This is higher than the IPO's upper price band of Rs 84 per share. The IPO saw a strong subscription of 3.27 times on the first day.
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