IPO watch: Hero Motors refiles IPO papers with Rs 1,200 crore...

Dununu.com Dununu

Sponsored

IPO watch: Hero Motors refiles IPO papers with Rs 1,200 crore issue, ups fresh component to Rs 800 crore

RSS Feed Business

Posted

76

Hero Motors has refiled its DRHP with SEBI for an IPO, increasing the issue size to Rs 1,200 crore, including a fresh issue and OFS by promoters. The company intends to use the IPO proceeds to reduce debt and expand its manufacturing facility. Revenue has increased from FY22 to FY24, with significant gross margin improvements.

Read Full Article

Please log in to like, share and comment!

Lawmakers allege conspiracy in tampering Civil Service Bill’s cooling-off clause

KATHMANDU: The State Affairs and Good Governance Committee of the House of Representatives has...

By 0 1

Sheikh Hasina sentenced to six months for contempt of court

DHAKA: Bangladesh’s former Prime Minister Sheikh Hasina was sentenced in absentia to six...

By 0 3

Indian-origin astronauts who took to space: Where did they study from

By 0 5

How to Become an AI Genius: Lessons students can learn from Meta's $100 million hires

By 0 5

What is the Einstein visa? How Melania Trump qualified for a visa reserved for Nobel-level talent

Melania Trump's 2001 acquisition of an EB-1 "Einstein visa," designated for individuals with...

By 0 5