The Economic Times

Hero Motors IPO Day 3: GMP at 7%; Check subscription status and key details. Should you subscribe?

Hero Motors IPO enters its final bidding day with 3.37x subscription by Day 2, led by strong retail demand. The 1,000 crore issue is priced at 7984, while grey-market premium indicates a potential 7% upside. Funds will support debt repayment, capacity expansion and acquisitions, with analysts highlighting its automotive technology and EV exposure.