On this page

Hero Motors sets ₹79–84 IPO price band for ₹1,000 crore issue

Hero Motors set a ₹79-84 price band for its ₹1,000 crore IPO. Fresh proceeds will fund debt repayment, Gautam Buddha Nagar capacity expansion, acquisitions and corporate purposes; the company expects to list on September 23.

Hero Motors' ₹1,000 crore IPO: ₹600 crore fresh issue and ₹400 crore offer for sale
  • Fresh issue₹600 crore
  • Offer for sale₹400 crore

Reported figures

From the report. Source details below

  • ₹400 crore offer for sale
  • ₹395 crore OFS by O P Munjal Holdings

Other figures

  • ₹600 crore fresh issue

The source

Source Read the source at Outlook Business

Published

Confirmed by YourStory

First seen

By

Note Information, not investment advice. RetailIntel is not registered with SEBI.