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Open
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Close
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Allotment
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Listing
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Issue Size
[.] shares (agg. up to ₹3,668 Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 53,204.66 | 43,451.23 | 34,399.04 |
| Total Income | 8,359.73 | 6,447.55 | 4,797.51 |
| Profit After Tax | 637.05 | 479.95 | -191.90 |
| NET Worth | 5,765.97 | 5,243.44 | 4,767.52 |
| Reserves and Surplus | 5,638.66 | 5,116.13 | 4,640.21 |
| Total Borrowing | 46,169.48 | 36,627.86 | 28,679.73 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Aye Finance Ltd. | Mainboard | ₹1,010.00 Cr | ₹129 | 14.11 | ₹128.91 | -0.07% | ₹172.03 (+0.73%) |
| Tata Capital Ltd. | Mainboard | ₹15,511.87 Cr | ₹326 | 35.99 | ₹330.50 | +1.38% | ₹341.90 (+0.04%) |
| Laxmi India Finance Ltd. | Mainboard | ₹254.26 Cr | ₹158 | 18.35 | ₹134.11 | -15.12% | ₹129.12 (+3.36%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmentation of the Company’s Tier – I Capital base to meet the Company’s future capital requirements towards onward lending. |
About Hero Fincorp IPO
Incorporated in 1991, Hero Fincorp Limited is a scaled non-banking financial company (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 provides retail, MSME, and CIF loans. Retail loans include vehicle, personal, and mortgage loans. Operating under the recognised and long-standing “Hero” brand, the company benefits from the corporate heritage, strong track record, and reputation of its parent and promoter, Hero MotoCorp Limited. Business Verticals: Retail Finance The company offers the following financial products to retail customers: Vehicle Loans: Financing for two-wheelers, including scooters and motorcycles from Hero MotoCorp Limited and electric two-wheelers (E2W) from select brands, as well as used car loans for purchasing or refinancing used cars. Personal Loans: This includes loans sourced through partner platforms, Hero Instant Personal Loans (HIPL) available via the company's mobile application and website, open market personal loans sourced through channel partners (such as direct selling agents (DSAs)), and loyalty personal loans for e
Contact Details
Hero Fincorp Ltd. Address34, Community Centre, BasantLok Vasant Vihar, New Delhi 110 057,Delhi, IndiaDelhi, New Delhi, 110057+91 011 4946 715investors@herofincorp.comVisit Website