16 Sep 2025 | 5 Mins Read
Hero Motors cleared for ₹1,200 crore IPO by SEBI
Flipitmoney
Hero Motors receives SEBI approval for ₹1,200 crore IPO. The auto component manufacturer plans to raise funds for debt repayment, new equipment, and potential acquisitions. The IPO will consist of a fresh issue of ₹800 crore and an offer for sale of ₹400 crore, with 50% reserved for QIBs, 15% for non-institutional investors, and 35% for retail investors.