Hero Fincorp Limited IPO

Hero Fincorp Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

₹0.00

Total Issue

₹3,668.13 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Website DRHP

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.

Objects of Issue

Augmentation of Company’s Tier – I capital base to meet our Company’s future capital requirements towards onward lending

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Hero Fincorp IPO
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

KPIs

1

CRAR

2

NIM

3

GNPA Ratio

4

NNPA Ratio

5

Debt to Equity

All the data pertains to FY 2023-24

Shareholding

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

Link Intime

Frequently Asked Questions

What is Hero Fincorp IPO?
Hero Fincorp IPO is a Mainboard IPO having an issue size of ₹3,668.13 Crs. Hero Fincorp IPO is priced at ₹0.00 - ₹0.00 per share. The issue opens on 04 Apr 26 and closes on 04 Apr 26.
When will Hero Fincorp IPO open?
Hero Fincorp IPO opens on 04 Apr 26 and closes on 04 Apr 26.
What is the GMP of Hero Fincorp IPO?
The estimated Grey Market Premium of Hero Fincorp IPO is ₹0 per share (-).
What is the lot size of Hero Fincorp IPO?
The minimum lot size of Hero Fincorp IPO is 0 shares & the minimum application amount is Rs. 0.
When is the allotment of Hero Fincorp IPO?
The allotment date of Hero Fincorp IPO is 04 Apr 26.
What is the listing date of Hero Fincorp IPO?
The listing date of Hero Fincorp IPO is 04 Apr 26.
What is the subscription of Hero Fincorp IPO?
Hero Fincorp IPO is subscribed -.
What is the price band of Hero Fincorp IPO?
Hero Fincorp IPO is priced at ₹0.00 - ₹0.00 per share.
How to check allotment status of Hero Fincorp IPO?
Click the allotment link on Hero Fincorp IPO page of IPO360.
How to apply Hero Fincorp IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Hero Fincorp IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Hero Fincorp IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Hero Fincorp IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date