Hero Fincorp IPO Date, Price, Details
Hero Fincorp is set to launch its Initial Public Offering (IPO) in 2025, with the opening and closing dates expected to be announced soon. This will be a book-built issue aiming to raise approximately ₹3,668.13 crore. The IPO comprises a fresh issue worth ₹2,100 crore and an offer for sale of equity shares with a face value of ₹10 each. The price band for the IPO is yet to be finalized. As per the proposed allocation, 75% of the offer is reserved for Qualified Institutional Buyers (QIBs), 15% for High Net-worth Individuals (HNIs), and 10% for retail investors. Hero Fincorp plans to list its shares on both the BSE and NSE within the same year. The allotment date is also expected to fall within 2025.
Financially, the company has shown consistent growth. In FY 2024, Hero Fincorp reported a revenue of ₹8,359.73 crore, up from ₹6,447.55 crore in FY 2023. Net profit also saw an increase, rising from ₹479.95 crore in 2023 to ₹637.05 crore in 2024.
Hero Fincorp IPO Market Lot Size
The Hero Fincorp IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | – | ₹- |
Retail Maximum | 13 | – | ₹- |
S-HNI Minimum | 14 | – | ₹- |
B-HNI Minimum | 68 | – | ₹- |
Hero Fincorp IPO Details
IPO Open Date: | 2025 |
IPO Close Date: | 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹[.] to ₹[.] Per Share |
Issue Size: | Approx ₹3,668.13 Crores |
Fresh Issue: | Approx ₹2,100 Crores |
Offer for Sale: | Approx ₹1,568.13 Crores, [.] Equity Shares |
Issue Type: | Book Build Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 10% |
QIB Quota: | Not more than 75% |
NII Quota: | Not more than 15% |
Hero Fincorp IPO Valuation – FY2024 (KPI)
Explore the valuation metrics of Hero Fincorp IPO, including details such as Earnings Per Share (EPS), Price-to-Earnings (P/E) ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
KPI | Values |
ROE: | 11.57% |
ROCE: | -% |
EBITDA Margin: | 53.50% |
PAT Margin: | -% |
Debt to equity ratio: | 8.01 |
Earning Per Share (EPS): | ₹50.04 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 11.05% |
Net Asset Value (NAV): | ₹452.92 |
Hero Fincorp IPO Company Financial Report
In the financial year 2024, the company recorded a revenue of ₹8,359.73 crores, showing an increase from ₹6,447.55 crores in 2023. Its net profit also rose to ₹637.05 crores in 2024, compared to ₹479.95 crores in the previous year.
(All figures in ₹ crores)
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹4,797.51 | ₹5,051.54 | ₹191.9 | ₹34,399.04 |
2023 | ₹6,447.55 | ₹5,712.32 | ₹479.95 | ₹43,451.23 |
2024 | ₹8,359.73 | ₹7,399.18 | ₹637.05 | ₹53,204.66 |
Hero Fincorp IPO Dates
Hero Fincorp’s IPO is scheduled to open in 2025 and will close within the same year. The share allotment is expected to be finalized in 2025, with the listing likely to follow shortly after.
IPO Open Date: | 2025 |
IPO Close Date: | 2025 |
Basis of Allotment: | 2025 |
Refunds: | 2025 |
Credit to Demat Account: | 2025 |
IPO Listing Date: | 2025 |
Promoters of Hero Fincorp IPO
The promoters of the company are Hero Motocorp Limited, Bahadur Chand Investments Private Limited, Hero Investcorp Private Limited, Brijmohan Lal Om Parkash (Partnership Firm), Dr. Pawan Munjal, Renu Munjal, Suman Kant Munjal, Renuka Munjal And Abhimanyu Munjal.
About Hero Fincorp IPO
Incorporated in 1991, Hero Fincorp is one of the fastest-growing NBFCs offering a diverse range of financial products and services for India’s, disbursing a loan every 30 seconds to growing customers and MSME customers in India. The company is engaged in offering retail, MSME, and CIF loans, in which the retail loan includes vehicle, personal, and mortgage loans. The company Hero Fincorp runs under the famous and long-standing Hero brand, which stands strong on the legacy of having a strong track record and reputation. Hero MotoCorp Limited is one of the leading two-wheeler manufacturers in India. Going further, the goal of Hero Fincorp is to expand its offerings and presence while providing leading financial services. As of now, the company includes a total of 5653 in-house employees.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Bajaj Finance Limited | 236.89 | 28.77 | 18.84% | 1,239.03 | 54,969.49 Cr. |
Cholamandalam Investment & Finance Company | 41.17 | 34.36 | 17.46% | 233.26 | 19,139.62 Cr. |
Poonawalla Fincorp Limited | 21.89 | 17.37 | 20.61% | 105.44 | 3,109.01 Cr. |
Sundaram Finance Limited | 130.31 | 33.88 | 16.63% | 997.10 | 7267.12 Cr. |
Objects of the IPO
- Strengthening the company’s Tier-I capital to support future funding needs for onward lending activities.
Merchant Bankers
- Jm Financial Limited
- Axis Capital Limited
- Bofa Securities India Limited
- Hdfc Bank Limited
- Hsbc Securities & Capital Markets Pvt Ltd
- ICICI Securities Limited
- Jefferies India Private Limited
- SBI Capital Markets Limited
Company Address
Hero Fincorp Limited
34, Community Centre, Basant
Lok Vasant Vihar, New Delhi 110 057,
Delhi, India
Delhi, New Delhi, 110057
Phone: +91 011 4946 715
Email: [email protected]
Website: http://www.herofincorp.com/
Hero Fincorp IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
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