Hero Motors, a key player in the auto-components sector under the Hero Motors Company (HMC) Group, has taken a pivotal step toward going public. On August 23, the company submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI), marking the beginning of its initial public offering (IPO) process. The IPO aims to raise ₹900 crore, comprising a fresh…
