Hero MotoCorp would use an IPO to raise ₹400 crore
The financial services arm of Hero MotoCorp, the biggest two-wheeler manufacturer in India, has approved the ₹4,000 crore initial public offering (IPO). This information was released by the firm on May 29. A new share offering as well as an offer for sale from current shareholders will both be part of the IPO. A meeting…
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