Hero Motors withdraws DRHP for ₹900 crore IPO
Hero Motors, an auto components manufacturer led by Pankaj Munjal, who is a first cousin of Hero MotoCorp’s chairman Pawan Munjal, has withdrawn its Draft Red Herring Prospectus (DRHP) filed with the capital markets regulator SEBI. In August this year, Hero Motors had submitted IPO documents to the Securities and Exchange Board of India (Sebi) … Read more