Hero Fincorp IPO Details
The Hero Fincorp IPO is expected to open on July 24, 2025, and will close on July 28, 2025 (tentative). It is a Book Built Issue, through which the company aims to raise approximately ₹3,668.13 crores, comprising a fresh issue of ₹2,100 crores and an Offer for Sale (OFS) of equity shares with a face value of ₹10 each.
The price band for the IPO is yet to be announced. The issue allocation is divided as follows:
- Qualified Institutional Buyers (QIBs) – 75%
- High Net-Worth Individuals (HNIs) – 15%
- Retail Investors – 10%
The basis of allotment is expected to be finalized on July 29, 2025, and the company’s shares are proposed to be listed on the BSE and NSE on July 31, 2025.
Hero Fincorp Financial Performance (FY 2024)
Hero Fincorp reported robust financial growth in FY 2024:
- Revenue: ₹8,359.73 crores (up from ₹6,447.55 crores in FY 2023)
- Net Profit: ₹637.05 crores (up from ₹479.95 crores in FY 2023)
The consistent rise in revenue and profitability reflects strong operational performance and sound financial management. Based on current financials and market outlook, long-term investors may find the IPO attractive for future growth opportunities.
Hero Fincorp IPO Objectives:
The net proceeds from the Hero Fincorp IPO will be utilized for the following purpose:
- To augment the Company’s Tier-I capital base, enabling it to meet future capital requirements for onward lending and business expansion.
Hero Fincorp IPO Review (Apply or Not)
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Hero Fincorp IPO Date & Price Band Details:
| IPO Open Date: | July 24, 2025 (Tentative) |
| IPO Close Date: | July 28, 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% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Hero Fincorp IPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
Hero Fincorp IPO Allotment & Listing Date (Details)
The Hero Fincorp IPO is scheduled to open on July 24, 2025, and will close on July 28, 2025. The basis of allotment will be finalized on July 29, 2025, and the shares are expected to be listed on the stock exchanges on July 31, 2025.
| IPO Open Date: | July 24, 2025 |
| IPO Close Date: | July 28, 2025 |
| Basis of Allotment: | July 29, 2025 |
| Refunds: | July 30, 2025 |
| Credit to Demat Account: | July 30, 2025 |
| IPO Listing Date: | July 31, 2025 |
Hero Fincorp IPO GMP Today:
- Update Soon
Promoters of Hero Fincorp IPO
The promoters of Hero Fincorp Limited 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.
About Hero Fincorp
Incorporated in 1991, Hero Fincorp is one of India’s fastest-growing Non-Banking Financial Companies (NBFCs). The company offers a broad range of financial products and services catering to individuals, MSMEs, and corporate clients. Hero Fincorp is known for its speed and reach—disbursing a loan approximately every 30 seconds to support India’s growing population of retail and MSME borrowers.
Its product portfolio includes:
- Retail Loans – covering vehicle loans, personal loans, and mortgage loans
- MSME Loans
- Corporate and Institutional Finance (CIF) Loans
Operating under the trusted and long-established Hero brand, the company benefits from a legacy of reliability and a strong market reputation. Hero MotoCorp, one of the largest two-wheeler manufacturers in India, is a key promoter, further strengthening the company’s brand value and market position.
As of now, Hero Fincorp has a workforce of 5,653 in-house employees, driving its operations and expansion across India. The company aims to continue scaling its services while delivering high-quality, accessible financial solutions to a wide customer base.
Hero Fincorp IPO – Financial Performance Overview
Hero Fincorp has demonstrated strong financial growth in recent years. For the financial year 2024, the company reported a revenue of ₹8,359.73 crores, a significant increase from ₹6,447.55 crores in FY 2023.
Amount ₹ 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 Valuation – FY2024
Investors can evaluate the Hero Fincorp IPO using key valuation metrics for the financial year 2024, which include:
| 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 |
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. |
Hero Fincorp IPO Review
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Hero Fincorp IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: herofincorp.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
IPO Lead Managers aka 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: investors@herofincorp.com
Website: http://www.herofincorp.com/
Hero Fincorp IPO – FAQs
Q1. What is the Hero Fincorp IPO?
A Book Built Issue through which Hero Fincorp aims to raise approximately ₹3,668.13 crores via a fresh issue of ₹2,100 crores and an Offer for Sale (OFS) of equity shares.
Q2. When does the IPO open and close?
The IPO is scheduled to open on July 24, 2025, and will close on July 28, 2025 (tentative).
Q3. What is the price band for the IPO?
The price band is yet to be announced; it will be disclosed in the company’s Red Herring Prospectus.
Q4. How is the issue quota allocated?
- 75% to Qualified Institutional Buyers (QIBs)
- 15% to High Net‑Worth Individuals (HNIs)
- 10% to Retail Investors
Q5. When will the allotment be finalized?
The basis of allotment is expected to be finalized on July 29, 2025.
Q6. On which exchanges will the shares be listed?
The shares will be listed on both the BSE and NSE, expected on July 31, 2025.
Q7. What are the key financial highlights for FY 2024?
- Revenue: ₹8,359.73 crores (up from ₹6,447.55 crores in FY 2023)
- Net Profit: ₹637.05 crores (up from ₹479.95 crores in FY 2023)
Q8. Who are the promoters of Hero Fincorp?
Promoters include Hero MotoCorp Limited, Bahadur Chand Investments Pvt. Ltd., Hero Investcorp Pvt. Ltd., Brijmohan Lal Om Parkash (Partnership Firm), and members of the Munjal family: Dr. Pawan Munjal, Renu Munjal, Suman Kant Munjal, Renuka Munjal, and Abhimanyu Munjal.
Q9. Should I invest in the Hero Fincorp IPO?
Hero Fincorp’s consistent revenue and profit growth reflect strong fundamentals. Nevertheless, investors should carefully review the valuation metrics (such as EPS, P/E ratio, RoNW, and NAV), alongside market conditions, and consult a financial advisor before making investment decisions.
