8 hrs ago
Hero Motors IPO Opens September 16 At Rs 79-84
Hero Motors Limited is planning to sell shares to the public.
This sale is called an initial public offering, or IPO.
Each share will cost between Rs 79 and Rs 84.
The shares have a face value of Rs 10.
People can apply to buy the shares from September 16 to September 18.
Some large investors, called anchor investors, may receive shares earlier.
Their allocation is planned for September 15.
Investors should review the details before deciding whether to participate.
Hero Motors Limited has fixed its IPO price band at Rs 79 to Rs 84 per equity share.
The company’s shares have a face value of Rs 10 each.
The IPO will open for public subscription on Wednesday, September 16.
The issue will remain open until Friday, September 18.
Anchor investor share allocation is scheduled for Tuesday, September 15.
- Who
- Hero Motors Limited is launching the IPO.
- What
- The company is offering equity shares at a price band of Rs 79 to Rs 84 per share.
- Where
- The article does not specify a physical location; the IPO will enter the primary market.
- When
- Public subscription runs from Wednesday, September 16, to Friday, September 18; anchor allocation is scheduled for Tuesday, September 15.
- Why
- Hero Motors Limited is seeking public investment through its initial public offering.
Key facts
- Company
- Hero Motors Limited
- IPO price band
- Rs 79 to Rs 84 per equity share
- Share face value
- Rs 10
- Subscription opens
- Wednesday, September 16
- Subscription closes
- Friday, September 18
- Anchor allocation
- Tuesday, September 15







