Hero Motors Secures SEBI Nod for ₹1,200 Crore IPO to Accelerate Expansion and Strengthen Financials
Hero Motors, a leading auto component manufacturer, has received regulatory approval from the Securities and Exchange Board of India (SEBI) to launch its ₹1,200 crore initial public offering (IPO). The offering will comprise a fresh issue of ₹800 crore and an offer for sale (OFS) worth ₹400 crore, aimed at funding strategic growth initiatives, reducing…