Hero Motors Plans ₹12 Billion IPO to Fund Expansion and Debt Reduction:

Daily Current Affairs / Hero Motors Plans ₹12 Billion IPO to Fund Expansion and Debt Reduction:

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Category : Business and economics Published on: July 03 2025

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Hero Motors has filed for a ₹12 billion ($140 million) IPO, with ₹8 billion in fresh equity and ₹4 billion offered by existing shareholders. The funds will help reduce debt and finance new equipment for expanding its manufacturing unit in Uttar Pradesh, signaling the company's growth ambitions in the auto parts sector.

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Hero Motors Plans ₹12 Billion IPO to Fund Expansion and Debt Reduction:

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Hero Motors Plans ₹12 Billion IPO to Fund Expansion and Debt Reduction:

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