DRHP

Hero Motors Files Draft Papers for Rs 900-Crore IPO

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Hero Motors Files Draft Papers for Rs 900-Crore IPO

Hero Motors Ltd, the auto-components firm of the Hero Motors Company (HMC) Group, on Saturday filed preliminary papers with markets regulator Sebi to raise Rs 900 crore through an initial public offering (IPO). The IPO is a combination of a fresh issue of equity shares worth Rs 500 crore and an Offer-For-Sale (OFS) of shares … Read more

Hyundai Motor gearing up to drive into Indian capital market

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Hyundai Motor gearing up to drive into Indian capital market

The Indian unit of Korea’s Hyundai Motor is likely to file a draft red herring prospectus (DRHP) with market regulator Sebi over the next two weeks, initiating the process for an initial public offering, said people familiar with the matter.If successful, this would mark the first IPO by an automaker in India in more than … Read more