Detailed business analysis is currently available only for RHP filed mainboard IPOs
Business Overview
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.
Hero Fincorp IPO Size
Fresh Issue
₹2,100 Cr
(TBA Shares)
Offer For Sale
₹1,568 Cr
(TBA Shares)
Objects of Issue
Augmentation of Company’s Tier – I capital base to meet our Company’s future capital requirements towards onward lending
Hero Fincorp IPO Financial Performance
(Rs. in crores)
| 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 (KPIs)
1
CRAR
2
NIM
3
GNPA Ratio
4
NNPA Ratio
5
Debt to Equity
All the data pertains to FY 2023-24
Promoter Holding
Promoter
12.14%
Public
87.86%
Hero MotoCorp Limited
39.56%
Bahadur Chand Investments Private Limited
15.72%
Brijmohan Lal Om Parkash
8.24%
Hero InvestCorp Private Limited
2.08%
Management
Dr. Pawan Munjal
Chairman
Abhimanyu Munjal
MD & CEO
Sajin Purushothaman Mangalathu
Chief Financial Officer
Registrar & Lead Managers
Registrar
Link Intime
Lead Managers (8)
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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