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

Dununu.com Dununu

Patrocinados

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!

Sovereign Bold Bonds earn over 200% returns: RBI announces redemption price for some SGBs - check details

The Reserve Bank of India has set the redemption price at Rs 9,628 per unit for two Sovereign...

By 0 1

Inside Meta’s Superintelligence Lab: The scientists Mark Zuckerberg handpicked; the race to build real AGI

By 0 10

JCECEB Jharkhand Polytechnic result 2025 released at jceceb.jharkhand.gov.in: Direct link to download scorecards here

By 0 10

President's rule in Bihar? Tejashwi alleges BJP planning to keep Nitish Kumar as CM only until elections; alleges 'major controversy unfolding'

By 0 16

Local authorities vow action against industries polluting Sirsiya River

BIRGUNJ: Authorities in Bara and Parsa districts have pledged to take legal and punitive action...

By 0 17