Hero Fincorp IPO is scheduled to open on July 24, 2025 and will close on July 28, 2025. The basis of allotment will be on July 29, 2025, refunds on July 30, 2025, and shares will come in Demat account on July 30, 2025. IPO listing date is fixed on July 31, 2025 at BSE and NSE.
Hero Fincorp IPO is a Book Build Issue and the company wants to raise around ₹3,668.13 crores from this IPO which includes fresh issue of ₹2,100 crores and offer for sale of up to [.] equity shares having face value of ₹10 each.
Hero Fincorp IPO price band is not yet declared, it will be in range of ₹[.] to ₹[.] per share. The IPO quota is divided like this – Retail 10%, QIB 75%, and HNI 15%. The company’s revenue in 2024 is ₹8,359.73 crores, higher from ₹6,447.55 crores in 2023 and profit also increased to ₹637.05 crores from ₹479.95 crores last year. Looking at company’s financials, experts say this IPO is good for long term investment.
Overview of Contents
About Hero Fincorp IPO
Hero Fincorp Limited, started in 1991, is one of the fast-growing non-banking financial companies (NBFC) in India. The company gives different types of financial products and services mainly to retail customers, MSME customers and big corporate clients. Hero Fincorp is well known for giving loans every 30 seconds to customers across India.
The company works under the trusted and popular Hero brand and benefits from the reputation and strong background of its parent company Hero MotoCorp Limited, which is a leading two-wheeler maker in India. Hero Fincorp offers loans like vehicle loans, personal loans, and mortgage loans for retail customers. For MSME customers, they provide secured loans like loan against property and construction finance, and unsecured loans like business loans and supply chain finance to help small businesses grow. Under corporate and institutional finance (CIF), they give secured loans to big companies, promoters, holding companies, and other large firms.
They also provide unsecured loans to MSMEs and retail customers. As of March 31, 2024, the company has 5,653 in-house employees for collections, supported by around 8,313 active field agents from 1,228 outsourced agencies, 545 call centre staff, and around 4,257 dealers and sub-dealers of Hero MotoCorp Limited. The company’s aim is to expand its financial services and reach more people across India in the coming years.
Hero Fincorp IPO Overview
| Hero Fincorp IPO Key Details | Information |
|---|---|
| Listing Platform | NSE, BSE |
| Face Value Per Share | ₹10 Each |
| IPO Price Range (Band) | ₹[.] to ₹[.] Per Share |
| Total IPO Issue Size (Approx) | ₹3,668.13 Crores |
| Fresh Issue Amount (Approx) | ₹2,100 Crores |
| Offer for Sale (OFS) | ₹1,568.13 Crores / [.] Shares |
| IPO Category | Book Building Process |
| IPO Purpose | Fresh Issue + OFS (Mixed Mode) |
| Shareholding Before Issue | 1,27,30,667 Shares |
| Retail Investor Portion | Up to 10% |
| Qualified Institutional Buyers (QIB) | Up to 75% |
| Non-Institutional Investors (NII) | Up to 15% |
Hero Fincorp IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
Objects of the Issue
- Augmentation of the Company’s Tier – I Capital base to meet the Company’s future capital requirements towards onward lending.
Hero Fincorp IPO Dates
| Event | Date & Day |
|---|---|
| IPO Open Date | July 24, 2025 (Thursday) |
| IPO Close Date | July 28, 2025 (Monday) |
| Basis of Allotment | July 29, 2025 (Tuesday) |
| Refunds Initiation | July 30, 2025 (Wednesday) |
| Credit to Demat A/c | July 30, 2025 (Wednesday) |
| IPO Listing Date | July 31, 2025 (Thursday) |
Peer Group Comparison
| Company Name | Total Income (₹ Cr.) | EPS (₹) | Net Asset Value (NAV ₹) | Return on Net Worth (RoNW %) | P/E Ratio (x) |
|---|---|---|---|---|---|
| Bajaj Finance Ltd. | 54,969.49 | 236.89 | 1,239.03 | 18.84% | 28.77 |
| Cholamandalam Inv. & Fin. Co. Ltd. | 19,139.62 | 41.17 | 233.26 | 17.46% | 34.36 |
| Poonawalla Fincorp Ltd. | 3,109.01 | 21.89 | 105.44 | 20.61% | 17.37 |
| Sundaram Finance Ltd. | 7,267.12 | 130.31 | 997.10 | 16.63% | 33.88 |
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 Financial Performance
Hero Fincorp Limited has shown consistent growth in its financial performance over the past few years, with steady increases in assets, revenue, and net worth. The company turned profitable from FY 2023 onwards after a loss in FY 2022. Below is the key financial information (restated consolidated) for the last three financial years.
| Financial Metrics (₹ in Crore) | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Total Assets | 53,204.66 | 43,451.23 | 34,399.04 |
| Revenue | 8,359.73 | 6,447.55 | 4,797.51 |
| Profit After Tax (PAT) | 637.05 | 479.95 | -191.90 |
| Net Worth | 5,765.97 | 5,243.44 | 4,767.52 |
| Reserves & Surplus | 5,638.66 | 5,116.13 | 4,640.21 |
| Total Borrowings | 46,169.48 | 36,627.86 | 28,679.73 |
Hero Fincorp IPO GMP
- To be Updated Soon
Hero Fincorp IPO Review
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
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
What is the Hero Fincorp IPO open and close date?
Hero Fincorp IPO will open on July 24, 2025 (Thursday) and will close on July 28, 2025 (Monday).
What is the allotment date for Hero Fincorp IPO?
The allotment for Hero Fincorp IPO will be declared on July 29, 2025 (Tuesday).
When will refunds be processed for Hero Fincorp IPO?
Refunds will start from July 30, 2025 (Wednesday).
When will Hero Fincorp IPO shares be credited to Demat account?
Shares will be credited to Demat accounts on July 30, 2025 (Wednesday).
What is the listing date for Hero Fincorp IPO?
Hero Fincorp IPO is planned to list on July 31, 2025 (Thursday) on BSE and NSE.
What is the price band of Hero Fincorp IPO?
The price band for this IPO is not yet announced. It will be declared soon.
What is the issue size of Hero Fincorp IPO?
The IPO size is around ₹3,668.13 crores. This includes a fresh issue of ₹2,100 crores and an offer for sale of up to ₹1,568.13 crores.