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 allotted 18.57 lakh shares at ₹1,400 per share on June 13. The company raised ₹259.99 crore through this exercise. Major beneficiaries included Shahi Exports (₹69 crore), RVG Jatropha Plantation (₹50 crore), Mohan Exports (₹25 crore), and AP …

… fundraising took place through a pre-IPO placement round. Because of this … Otter Ltd. Hero FinCorp’s pre-IPO round was conducted on June … Rs 260 crore in a pre-IPO round, cutting its fresh issue …

… Rs 260 crore in a pre-IPO placement round. This fund mobilisation … With Ticket Numbers. In the pre-IPO round executed on June 5 …

… raised ₹260 crore in a pre-IPO placement round. This fund mobilisation … ) and Otter Ltd. In the pre-IPO round executed on June 5 …

Asset manager Fidelity has marked up Lenskart’s valuation to $6.1 billion as the eyewear retailer preps for an IPO. This and more in today’s ETtech Top 5. Also in the letter: ■ UPI apps' leaderboard ■ Meta goes AI shopping ■ Chime caps comeback story …

IPO-bound NSDL is seeing a strong surge in buying interest even across the unlisted share market. Unlisted shares of NSDL have surged nearly 30% since May, and in the last two months, since April, the unlisted shares have zoomed 40%. The prices are now …

… in North India, in its pre-IPO issuance and allotment of equity … Company by way of a pre-IPO secondary sale to 360 One …

… HDB Financial shares from the pre-IPO market. Incorporated in 2007, HDB …