| IPO Date | -- to -- |
| Listing Date | -- |
| Face Value | ₹ -- / Share |
| Price Band | ₹ -- to ₹ -- / Share |
| Lot Size | Shares |
| Total Issue Size | (Aggregating up to 3,668 ) |
| Fresh Issue | (Aggregating up to 2,100 ) |
| Offer for Sale | (Aggregating up to 1,568 ) |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 12,73,06,674 |
| Share holding post issue | |
| Market Maker portion |
Hero Fincorp IPO opens on --, and closes on --.
| IPO Open Date | -- |
| IPO Close Date | -- |
| Basis of Allotment | -- |
| Initiation of Refunds | -- |
| Credit of Shares to Demat | -- |
| Listing Date | -- |
| Cut-off time for UPI mandate confirmation | -- |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | |||
| Retail (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) |
| Share Holding Pre Issue | 12,73,06,674 |
| Share Holding Post Issue |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 75 |
|
| NII (HNI) Shares Offered | 15 |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 10 |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Incorporated in 1991, Hero Fincorp Limited is a scaled non-banking financial company (NBFC) offering a diversified suite of financial products catered primarily to the growing retail customer segment and the rapidly formalizing MSME customer segment in India.
The company provides retail, MSME, and CIF loans. Retail loans include vehicle, personal, and mortgage loans. Operating under the recognised and long-standing “Hero” brand, the company benefits from the corporate heritage, strong track record, and reputation of its parent and promoter, Hero MotoCorp Limited.
Business Verticals:
The company provides unsecured loans in the form of business loans and supply chain finance for MSME customers, as well as unsecured personal loans for retail customers.
As of March 31, 2024, the company's in-house collections team comprises 5,653 employees. This team is supported by approximately 8,313 active field agents from 1,228 outsourced field agencies, outsourced call centres staffed with 545 executives, and 4,257 Hero MotoCorp Limited dealers and sub-dealers.
| KPI | Values |
|---|---|
| ROE | 11.57 |
| ROCE | |
| Debt/Equity | 8.01 |
| RoNW | 11.05 |
| P/BV | |
| PAT Margin (%) |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ||
| P/E (x) |
Hero MotoCorp Ltd., Bahadur Chand Investments Pvt.Ltd., Hero InvestCorp Pvt.Ltd., Brijmohan Lal Om Parkash (Partnership Firm), Pawan Munjal, Renu Munjal, Suman Kant Munjal, Renuka Munjal and Abhimanyu Munjal
Hero Fincorp Ltd. Address 34, Community Centre, Basant Lok Vasant Vihar, New Delhi 110 057, Delhi, India Delhi, New Delhi, 110057
|