Hero Fincorp IPO
₹3668cr
Medium risk because:
- 5 material risk factors disclosed in DRHP
- The company sourced 99% of its two-wheeler loans from its Promoter, Hero MotoCorp’s two-wh…
- Changes in interest rates may affect its treasury operations, causing net interest income …
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Issue Size
₹3668cr
Subscription
—
About Hero Fincorp
Incorporated in 1991, Hero Fincorp, part of the Hero MotoCorp group is a scaled 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’s business verticals are the following: i) retail, ii)MSME, and iii) CIF loans. Its retail loans include vehicle, personal, and mortgage loans. MSME Finance includes offering MSME customers (i) secured loans in the form of loans against property and construction finance; and (ii) unsecured loans in the form of business loans and supply chain finance, to support them in the operation and expansion of their businesses, including acquiring fixed assets and meeting working capital needs. In its CIF loans segment, It offers secured loans to corporate & institutional customers such as promoters, holding companies, and operating entities of large corporations.
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?
Incorporated in 1991, Hero Fincorp, part of the Hero MotoCorp group is a scaled 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’s business verticals are the following: i) retail, ii)MSME, and iii) CIF loans. Its retail loans include vehicle, personal, and mortgage loans. MSME Finance includes offering MSME customers (i) secured loans in the form of loans against property and construction finance; and (ii) unsecured loans in the form of business loans and supply chain finance, to support them in the operation and expansion of their businesses, including acquiring fixed assets and meeting working capital needs. In its CIF loans segment, It offers secured loans to corporate & institutional customers such as promoters, holding companies, and operating entities of large corporations.
Should I apply for Hero Fincorp IPO?
Hero Fincorp is a mainboard IPO with a ₹ price band (₹3668cr issue) — subscription data is not live yet, so demand signals are unavailable. For a mainboard IPO at moderate risk (5/10), 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.