US EditionHero FinCorp IPO: SEBI Approves Rs 3,668 Crore Fundraise
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Hero FinCorp IPO: SEBI Approves Rs 3,668 Crore Fundraise
The Securities and Exchange Board of India has approved the initial public offering of Hero FinCorp Ltd. The market regulator issued its 'observations letter' on May 22, which means final approval in SEBI parlance.Hero FinCorp, an associate company of Hero MotoCorp, had filed its preliminary papers with SEBI in August 2024 to raise up to Rs 3,668 crore via an IPO.The public offer is a combination of a fresh issue of shares worth Rs 2,100 crore a…
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