The Hero Fincorp IPO is scheduled to open in 2025 and close in 2025. This upcoming issue is a Book Build Issue, through which the company plans to raise around ₹3,668.13 crore. The offering includes a fresh issue of ₹2,100 crore and an offer for sale of equity shares with a face value of ₹10 each.
The Hero Fincorp IPO price band will be announced soon, and the shares are proposed to list on both BSE and NSE in 2025. The IPO allotment date is also expected in 2025.
On the financial side, Hero Fincorp recorded revenue of ₹8,359.73 crore in FY 2024, up from ₹6,447.55 crore in FY 2023. Profit after tax rose to ₹637.05 crore in 2024 from ₹479.95 crore in 2023. With continuing growth across revenue and profitability, long-term investors may consider evaluating this IPO.
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Hero Fincorp IPO Details
| Particulars | 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 crore |
| Fresh Issue | Approx ₹2,100 crore |
| Offer for Sale | Approx ₹1,568.13 crore, equity shares |
| Issue Type | Book Build Issue |
| Listing | BSE & NSE |
| DRHP | View PDF |
| RHP | View PDF |
Hero Fincorp IPO Review
Hero Fincorp has shown consistent performance across revenue growth, loan book expansion, and profitability. The company operates under the trusted Hero brand, which gives it strong recall and credibility in the lending segment.
With a diversified loan portfolio across retail, MSME, and cross-industry financing, the company continues to scale its reach and maintains a broad customer base. Investors may review the financial metrics, debt profile, and overall valuations before making a long-term decision.
Hero Fincorp IPO Market Lot
| Application Type | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | ₹ | ||
| Retail Maximum | ₹ | ||
| S-HNI Minimum | ₹ | ||
| S-HNI Maximum | ₹ | ||
| B-HNI Minimum | ₹ |
Retail investors can apply for up to 13 lots.
Hero Fincorp IPO Reservation
| Investor Category | Shares Offered | % Share |
|---|---|---|
| Anchor Investor | shares | % |
| QIB (Ex-Anchor) | shares | 75% |
| NII Shares | shares | 15% |
| Retail Shares | shares | 10% |
- Also Read: Sunshine Pictures IPO
Hero Fincorp IPO Anchor Investors
| Particulars | Details |
|---|---|
| Anchor Bidding Date | 2025 |
| Anchor List | View PDF |
| Shares Offered | shares |
| Anchor Size | crore |
| Lock-in 50% (30 Days) | 2025 |
| Lock-in 50% (90 Days) | 2025 |
Hero Fincorp IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | 2025 |
| IPO Close Date | 2025 |
| Basis of Allotment | 2025 |
| Refunds | 2025 |
| Credit to Demat | 2025 |
| Listing Date | 2025 |
| Bidding Cut-off Time | 2025 – 5 PM |
Promoters and Shareholding
The company’s promoters include 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.
| Particulars | Shares | % Share |
|---|---|---|
| Promoter Holding Pre-Issue | 1,27,30,667 | % |
| Promoter Holding Post-Issue | % |
About Hero Fincorp
Founded in 1991, Hero Fincorp has grown into one of India’s fast-expanding NBFCs. It serves a wide borrower base through retail, MSME, and corporate financing solutions. Its retail lending portfolio covers vehicle loans, personal loans, and mortgage loans.
The company benefits from being part of the Hero ecosystem, supported by Hero MotoCorp’s strong brand presence and trust across the country. With over 5,653 employees, Hero Fincorp continues to expand its reach and aims to strengthen its presence across the financial services sector.
Objects of the Issue
The proceeds from the fresh issue will be directed towards augmenting the company’s Tier-I capital, supporting its future capital needs related to onward lending activities. Strengthening the capital base will further enable business expansion across loan segments.
Hero Fincorp Company Financial Report (Amount ₹ in Crores)
| Period Ended | Revenue | Expense | PAT | 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 Valuation – FY 2024
| KPI | Value |
|---|---|
| ROE | 11.57% |
| ROCE | % |
| EBITDA Margin | 53.50% |
| PAT Margin | % |
| Debt-to-Equity | 8.01 |
| EPS (Basic) | ₹50.04 |
| P/E Ratio | N/A |
| RoNW | 11.05% |
| NAV | ₹452.92 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Bajaj Finance Ltd | 236.89 | 28.77 | 18.84% | 1,239.03 | ₹54,969.49 Cr |
| Cholamandalam Inv. & Finance | 41.17 | 34.36 | 17.46% | 233.26 | ₹19,139.62 Cr |
| Poonawalla Fincorp | 21.89 | 17.37 | 20.61% | 105.44 | ₹3,109.01 Cr |
| Sundaram Finance | 130.31 | 33.88 | 16.63% | 997.10 | ₹7,267.12 Cr |
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Company Address
Hero Fincorp Limited
34, Community Centre, Basant Lok Vasant Vihar,
New Delhi 110057, India
Phone: +91 011 4946 715
Email: investors@herofincorp.com
Website: www.herofincorp.com
Hero Fincorp IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: herofincorp.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Hero Fincorp IPO FAQs
What is Hero Fincorp IPO?
Hero Fincorp IPO is a mainboard issue through which the company aims to raise ₹3,668.13 crore. The price band will be announced soon, and the shares will be listed on BSE and NSE.
When will Hero Fincorp IPO open for subscription?
The IPO will open in 2025 for QIB, NII, and retail investors. It will close in 2025.
What is the investors’ portion in Hero Fincorp IPO?
QIB: 75%
NII: 15%
Retail: 10%
How to apply for the Hero Fincorp IPO?
You can apply via ASBA through your bank account or via UPI through your stockbroker. Offline applications can also be submitted through brokers.
What is the Hero Fincorp IPO issue size?
The total issue size is ₹3,668.13 crore.
What is the Hero Fincorp IPO price band?
The price band is ₹ to ₹ per share.
What is the Hero Fincorp IPO lot size?
The minimum bid size is shares amounting to ₹ .
What is the Hero Fincorp IPO allotment date?
The allotment date is in 2025.
What is the Hero Fincorp IPO listing date?
The shares will list in 2025.
Expert Comment
Hero Fincorp continues to expand its loan book with strong backing from the Hero group. The company has shown steady growth across revenue, assets, and profitability over the past three financial years. With a well-diversified lending portfolio and a trusted brand name, it holds a solid position in the NBFC sector.
While the debt-to-equity ratio is on the higher side, the planned capital infusion through the IPO should help strengthen its balance sheet. Investors may consider evaluating the IPO based on valuations, interest rate trends, and long-term growth prospects of the lending industry.
