Hero Motors Files for Rs.9 Bn IPO
ECONOMY & POLICY

Hero Motors Files for Rs.9 Bn IPO

Hero Motors, a leading player in the Indian automotive sector, has filed draft papers with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO) valued at ?900 crore. The funds raised through this IPO are expected to fuel the company?s expansion plans, technological advancements, and debt repayment.

The IPO consists of a fresh issue of shares amounting to ?9 billion. Additionally, existing shareholders may participate in an offer for sale (OFS), allowing them to offload part of their stakes. The company aims to use the proceeds to strengthen its balance sheet and invest in new production facilities to enhance capacity.

Hero Motors, known for its focus on both domestic and global markets, has been a prominent name in the automotive industry, with products ranging from motorcycles to electric vehicles. This IPO comes at a time when the company is looking to capitalise on India?s growing demand for green mobility solutions, particularly in the electric vehicle segment.

The funds will also support research and development initiatives, allowing Hero Motors to stay competitive in the rapidly evolving automotive landscape. The company?s leadership sees the IPO as a strategic move to accelerate growth while maintaining a strong financial position. With this public offering, Hero Motors is positioning itself for long-term success in the global automotive industry.

Hero Motors, a leading player in the Indian automotive sector, has filed draft papers with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO) valued at ?900 crore. The funds raised through this IPO are expected to fuel the company?s expansion plans, technological advancements, and debt repayment. The IPO consists of a fresh issue of shares amounting to ?9 billion. Additionally, existing shareholders may participate in an offer for sale (OFS), allowing them to offload part of their stakes. The company aims to use the proceeds to strengthen its balance sheet and invest in new production facilities to enhance capacity. Hero Motors, known for its focus on both domestic and global markets, has been a prominent name in the automotive industry, with products ranging from motorcycles to electric vehicles. This IPO comes at a time when the company is looking to capitalise on India?s growing demand for green mobility solutions, particularly in the electric vehicle segment. The funds will also support research and development initiatives, allowing Hero Motors to stay competitive in the rapidly evolving automotive landscape. The company?s leadership sees the IPO as a strategic move to accelerate growth while maintaining a strong financial position. With this public offering, Hero Motors is positioning itself for long-term success in the global automotive industry.

Next Story
Real Estate

DRA Enters Rs 5 Billion Club, Redefines Chennai’s Housing Growth

DRA has become the fastest real estate developer in Chennai to cross the Rs 5 billion mark, clocking Rs 5.25 billion in revenue in FY 2024–25. This milestone marks the launch of DRA 2.0, its next growth phase, focused on tech-enabled, customer-first development rooted in local insight.To mark the achievement, DRA held a celebratory event with employees, customers, and stakeholders. Ranjeeth Rathod, Managing Director, presented the milestone, followed by a keynote from Yubi CEO Gaurav Kumar on innovation and trust.“Crossing the Rs 5.25 billion mark isn’t just a financial milestone – itâ..

Next Story
Infrastructure Transport

Servotech wins 4.1 MW solar order from East Coast Railway

Servotech Renewable Power System Ltd. (NSE: SERVOTECH) has secured a Rs 15.8 crore order to set up a 4.1 MW on-grid rooftop solar project for the Waltair Division of East Coast Railway, Visakhapatnam. The contract includes the design, supply, installation, and commissioning of solar PV plants at various locations across the division.The order aligns with Indian Railways’ broader mission to decarbonise operations by integrating renewable energy. Under this initiative, Servotech will deploy solar photovoltaic systems of varying capacities to support energy-efficient rail infrastructure.“We a..

Next Story
Real Estate

Realsee backs FIDOVN's VR-powered real estate leap in Vietnam

Realsee has partnered with Vietnam-based proptech platform FIDOVN to usher in a new era of virtual reality (VR)-driven real estate experiences in Southeast Asia. Backed by Realsee’s 3D reconstruction and spatial digitisation tech, FIDOVN has built the region’s first VR+AI+Data Hub OMO ecosystem—transforming how properties are marketed and sold in a post-pandemic, digital-first world.Powered by Realsee’s Galois 3D LiDAR Camera and G1 Smart Phone Gimbal, FIDOVN has digitised over 10,000 properties. Its interactive, immersive experiences allow prospective buyers to navigate listings remot..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?