Can Hero Motors IPO deliver long-term growth for high-risk investors?

16 Sep 2026 · 07:19

Can Hero Motors IPO deliver long-term growth for high-risk investors?

ET Intelligence Group: Hero Motors, an automotive company, plans to raise ₹600 crore through a fresh issue towards capital expenditure, repayment of debt, and strategic investments. It will also raise ₹400 crore through an offer for sale. The promoter group's stake will fall to 61.1% after the IPO from 84.7%. It offers integrated powertrain solutions for electric and non-electric vehicles across segments such as two-wheelers, e-bikes, performance automotive, off-road, hybrid and electric cars, heavy-duty vehicles, and electric vertical take-off and landing (eVTOLs). The EV segment's revenue sh

22 Sep 2026 · 06:21

Can Varmora Granito IPO deliver long-term growth for high-risk investors?

ET Intelligence Group: Varmora Granito, a tiles manufacturer, plans to raise ₹320 crore through a fresh issue towards capital expenditure and repayment of borrowings. It will also raise ₹388 crore through an offer for sale. The promoter group's stake will fall to 47% after the IPO from 52%. The company manufactures ceramic and vitrified tiles. About 74% of the revenue is derived from glazed vitrified tiles and technical products. One-fifth of the revenue comes from international markets. The Middle East conflict disrupted the company's export operations due to vessel shortages, potentially aff