Hero Motors Ltd
Pre Issue Shares
35,73,84,491
No. of Shares Issued
-
Pre Issue Equity Amt.
₹357.38 Cr
DP Filling Date
23 August 2024
Hero Motors Ltd IPO Timeline
Hero Motors Limited was incorporated in the name of Hero Briggs & Stratton Auto Private Limited' as a Private Limited Company, dated April 30, 1998. Thereafter, the Company changed the name to Hero Auto Private Limited' and a fresh Certificate of Incorporation dated April 10, 2003 was issued by the Registrar of Companies, Delhi and Haryana. Again, the name changed to Hero Auto Limited' upon conversion to a Public Limited Company on October 30, 2003 and pursuant to fresh Certificate of Incorporation dated September 15, 2004 issued by the Registrar of Companies, Delhi and Haryana, the Company name was changed to Hero Motors Limited'.
Hero Motors Ltd IPO Details
| Hero Motors Ltd IPO Date | - |
| Hero Motors Ltd IPO Face Value | - |
| Hero Motors Ltd IPO Price | - |
| Hero Motors Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Pankaj Munjal, Charu Munjal, Abhishek Munjal |
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/prepayment/redemption in full or in part of certain outstanding borrowings availed by the company
- Capital exp of the company through purchase of equipment required for expansion in capacity of its Gautam Budh Nagar
- Funding working capital requirements of the company
- General corporate purposes
Hero Motors Ltd IPO Prospectus
Hero Motors Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| Face Value | ₹10 |
Company Contact Information
Hero NagarG T Road,Ludhiana-141003
Phone: +91 120 4412 000
Email: investorrelations@heromotors.com
Website: www.heromotors.com
Hero Motors Ltd IPO Registrar
Hero Motors Ltd IPO Lead Manager(s)
- ICICI Securities Ltd
- DAM Capital Advisors Ltd
- JM Financial Ltd