In August, Hero Motors trimmed its issue size to ₹1,000 crore from ₹1,200 crore. The revised IPO comprised a fresh issue of shares worth ₹600 crore, while promoters will sell shares worth ₹400 crore through an OFS. In February, Fractal Analytics reduced its IPO size by over 40% to ₹2,834 crore from ₹4,900 crore. The Mumbai-based company became India’s first listed pure-play Al company.
