Hero Motors IPO — India’s Auto Tech Firm Goes Public
Hero Motors, a rising name in India’s automotive technology space, is set to launch a ₹1,200 crore Initial Public Offering (IPO) — blending fresh capital and promoter share sales to fuel growth and strengthen its financials.
What’s in the IPO?
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Total Issue Size: Approximately ₹1,200 crore, including a fresh issue of ₹800 crore and an Offer For Sale (OFS) of ₹400 crore from promoters.
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Structure: The IPO will be conducted through the book-building process with allocations to qualified institutional buyers (QIBs), retail investors, and non-institutional investors.
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Registrar & Managers: Kfin Technologies handles registration, while ICICI Securities, DAM Capital, and JM Financial lead the issue.
