Hero FinCorp raises Rs 260 crore in pre-IPO round

Hero FinCorp, the financial arm of Hero MotoCorp, has secured Rs 260 crore through a pre-IPO placement, leading to adjustments in its upcoming IPO. The fresh issue size has been reduced to Rs 1,840 crore from the initially proposed Rs 2,100 crore.

Hero FinCorp raises Rs 260 crore in pre-IPO round
Hero FinCorp, the financial arm of Hero MotoCorp, has secured Rs 260 crore through a pre-IPO placement, leading to adjustments in its upcoming IPO. The fresh issue size has been reduced to Rs 1,840 crore from the initially proposed Rs 2,100 crore.