Hero Fincorp Limited IPO
Hero Fincorp Limited IPO is a leading NBFC in India, offering a diversified suite of financial products primarily targeting the growing retail and the rapidly formalising MSME segments. Its offerings span retail, MSME, and corporate and institutional finance (CIF) loans, including vehicle, personal, and mortgage loans. As of March 31, 2024, the company reported Assets Under Management (AUM) of ₹518,208.11 million, with retail and MSME verticals contributing 65.08% and 20.80%, respectively. Since its inception in 1991, it has expanded its reach to 11.80 million customers across the country.
Price Band₹ |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹3,668.13 Crs |
Hero Fincorp IPO Objects
Augmentation Tier – I Capital base to meet future capital requirements towards onward lending
Hero Fincorp IPO Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹2,100.00 Cr ( Shares) |
Offer For Sale₹1,568.13 Cr ( Shares) |
Total Issue₹3,668.13 Cr ( Shares) |
Face Value₹10 per equity share |
Hero Fincorp IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
0
0
0
Maximum
-
-
-
|
|||
| Small HNI |
Minimum
-
-
-
Maximum
-
-
-
|
|||
| Big HNI |
Minimum
-
-
-
|
|||
Hero Fincorp IPO GMP
The estimated Grey Market Premium of Hero Fincorp IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not less than 75% of Net Offer |
| Big HNIs (NII) | Not more than 10% of Net Offer |
| Small HNIs (NII) | Not more than 5% of Net Offer |
| Retail | Not more than 15% of Net Offer |
| Employee | Yes |
| Shareholder | Yes |
Hero Fincorp IPO Financials
| Particulars | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Revenue from Operations | 8,290.90 | 6,401.59 | 4,738.65 |
| Profit after Tax | 637.05 | 479.95 | -191.90 |
| Net Worth | 5,765.97 | 5,243.44 | 4,767.52 |
| Total Borrowing | 46,169.48 | 36,627.86 | 28,679.73 |
| Total Assets | 53,204.66 | 43,451.23 | 34,399.04 |
| NAV per share (in ₹) | 452.92 | 411.87 | 374.49 |
| EPS - Basic (in ₹) | 50.04 | 37.70 | -15.07 |
Key Performance Indicators
| KPI | KPI | VALUES |
|---|---|---|
| 1 | CRAR | 16.28% |
| 2 | ROE | 11.57% |
| 3 | GNPA Ratio | 4.02% |
| 4 | NNPA Ratio | 2.00% |
| 5 | Debt to Equity | 8.01 |
All the data pertains to FY 2023-24
Hero Fincorp IPO Peer Comparision
Hero Fincorp IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Hero MotoCorp Limited | 39.56% |
| Bahadur Chand Investments Private Limited | 15.72% |
| Brijmohan Lal Om Parkash | 8.24% |
| Hero InvestCorp Private Limited | 2.08% |
| Other Promoter and promoter group | 12.14% |
Management Details
| Name | Designation |
|---|---|
| Dr. Pawan Munjal | Chairman |
| Abhimanyu Munjal | MD & CEO |
| Sajin Purushothaman Mangalathu | Chief Financial Officer |
Company Details
Name: Hero Fincorp Limited
Address: 34, Community Centre, Basant Lok Vasant Vihar, New Delhi 110 057, Delhi, India
Number: +91 011 4946 7150
Email: investors@herofincorp.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Hero Fincorp IPO is a Mainboard IPO having an issue size of Rs. ₹3,668.13 Crs. Hero Fincorp IPO is priced at ₹ - ₹ per share. The issue opens on 12 Jul 25 and closes on 12 Jul 25.
Hero Fincorp IPO opens on 12 Jul 25 and closes on 12 Jul 25.
The estimated Grey Market Premium of Hero Fincorp IPO is ₹0 per share (-).
The minimum lot size of Hero Fincorp IPO is 0 shares & the minimum application amount is Rs. 0.
The allotment date of Hero Fincorp IPO is 12 Jul 25.
The listing date of Hero Fincorp IPO is 12 Jul 25.
Hero Fincorp IPO is subscribed -.
Hero Fincorp IPO is priced at ₹ - ₹ per share.
Click the allotment link on Hero Fincorp IPO page of IPO360.
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- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
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- Navigate to the 'IPO' or 'ASBA' section.
- Select Hero Fincorp IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
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