Hero Fincorp IPO
₹3668.13 Cr
Medium risk because:
- 5 material risk factors disclosed in DRHP
- Working capital or debt pressure highlighted in DRHP
- Regulatory or legal risks cited in DRHP
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Issue Size
₹3668.13 Cr
Subscription
—
About Hero Fincorp
Hero Fincorp is a non-banking financial company (NBFC) that provides a range of financial services to retail customers and micro, small, and medium enterprises (MSMEs) in India. Its offerings include vehicle loans (two-wheeler, used car, and electric vehicle loans), personal loans, mortgage loans, and MSME financing (secured and unsecured loans for business needs). Hero Fincorp also offers loans to corporate and institutional customers. The company operates under the "Hero" brand and leverages the extensive distribution network of its parent company, Hero MotoCorp, which has a wide dealer presence across India. Hero Fincorp utilises a digital platform for customer acquisition and loan management. The company is headquartered in India and has an extensive presence across the country with a combination of in-house teams and distribution partnerships. Use of proceeds: The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Proceeds from the OFS will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes: Augmenting the company’s Tier-I capital to support future lending requirements. Covering expenses related to the offer.
Company Details
Founders / Promoters
Mr Abhimanyu Munjal
Founded
1991
Documents
DRHP / RHP Document (PDF)
View official prospectus →
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FAQ
What is the price band of Hero Fincorp IPO?
The price band for Hero Fincorp IPO has not been announced yet. It is published in the RHP shortly before the issue opens.
What does Hero Fincorp do?
Hero Fincorp is a non-banking financial company (NBFC) that provides a range of financial services to retail customers and micro, small, and medium enterprises (MSMEs) in India. Its offerings include vehicle loans (two-wheeler, used car, and electric vehicle loans), personal loans, mortgage loans, and MSME financing (secured and unsecured loans for business needs). Hero Fincorp also offers loans to corporate and institutional customers. The company operates under the "Hero" brand and leverages the extensive distribution network of its parent company, Hero MotoCorp, which has a wide dealer presence across India. Hero Fincorp utilises a digital platform for customer acquisition and loan management. The company is headquartered in India and has an extensive presence across the country with a combination of in-house teams and distribution partnerships. Use of proceeds: The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Proceeds from the OFS will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes: Augmenting the company’s Tier-I capital to support future lending requirements. Covering expenses related to the offer.
Should I apply for Hero Fincorp IPO?
Hero Fincorp is a mainboard IPO with a ₹ price band (₹3668.13 Cr issue) — subscription data is not live yet, so demand signals are unavailable. For a mainboard IPO at moderate risk (6/10), weigh DRHP financials and sector comps against the ₹ band before you apply.
Who founded Hero Fincorp?
Hero Fincorp was founded by Mr Abhimanyu Munjal in 1991.