Mumbai: Mahindra & Mahindra-backed motorcycle maker Classic Legends is planning an initial public offering (IPO) in the financial year starting April 1, 2026, cofounder Anupam Thareja said. The company manufactures and markets the Jawa, Yezdi and BSA motorcycle brands in India and overseas in the price range of ₹170,000 to ₹300,000. Classic Legends had acquired … Read more
Jawa Yezdi Motorcycles is set to launch the second model of Jawa 42 on Tuesday. This comes a few weeks after the company launched an updated version of the existing model of the same name. The second Jawa 423 is expected to be equipped with a bigger 334-cc engine from the Jawa 350 but with … Read more
Indian automaker Mahindra and Mahindra said on Wednesday that the company, along with external investors, will spend 8.75 billion rupees ($105 million) in its two-wheeler unit, Classic Legends, over the next two to three years. The ‘Scorpio’ car manufacturer, will invest 5.25 billion and the remaining will come from existing shareholders and new investors, Mahindra … Read more
Classic Legends Pvt Ltd, a Mahindra and Mahindra subsidiary that makes iconic motorcycle brands Yezdi and Jawa among others, is set to get a fund infusion of Rs 875 crore, Mahindra said in a stock exchange filing. Of this, Mahindra has agreed to invest Rs 525 crore by way of subscription to CCPS (compulsorily convertible … Read more
