Hero Fincorp IPO

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.