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Hero Motors Files Draft Papers for ₹1,200-Cr IPO
Hindustan Times Rajasthan
|July 02, 2025
Auto parts maker Hero Motors has filed draft papers with markets regulator Sebi to raise ₹1,200 crore through an initial public offering (IPO).
NEW DELHI:
The IPO is a combination of a fresh issue of equity shares worth ₹800 crore and an offer-for-sale (OFS) of shares worth ₹400 crore by promoters, according to the draft papers filed on Monday.
As a part of the OFS, O P Munjal Holdings will be offloading shares to the tune of ₹390 crore; and Bhagyoday Investments and Hero Cycles will divest shares valued ₹5 crore each.
Cette histoire est tirée de l'édition July 02, 2025 de Hindustan Times Rajasthan.
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