Hero Motors withdraws documents for Rs 900cr IPO – Times of India
NEW DELHI: Hero Motors, the auto-components firm of the Hero Motors Company (HMC) Group, has withdrawn its documents for an initial public offering (IPO) worth Rs 900 crore, an update with markets regulator Sebi showed on Monday.In its draft papers, the company had proposed to raise Rs 500 crore through a fresh issuance of equity…