Hero Fincorp Ltd
Pre Issue Shares
12,73,06,674
No. of Shares Issued
-
Pre Issue Equity Amt.
₹127.31 Cr
DP Filling Date
31 July 2024
Hero Fincorp Ltd IPO Timeline
Hero Honda Finlease Ltd, a subsidiary of Hero Honda Motors Ltd was incorporated in the year 1991. The company is engaged in providing financial services, primarily to automotive manufacturing industry.
Hero Fincorp Ltd IPO Details
| Hero Fincorp Ltd IPO Date | - |
| Hero Fincorp Ltd IPO Face Value | - |
| Hero Fincorp Ltd IPO Price | - |
| Hero Fincorp Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Heromotocorp Ltd, Bahadur Chand Investment P Ltd, Hero Investcorp Pvt Ltd |
- Strengths
- Risks
- Opportunities
- Scaled non-banking financial company with a diversified product offering catering to the large and attractive retail and micro, small and medium enterprises customer segments.
- Our Hero heritage.
- Strong customer franchise acquired through a pan-India distribution network comprising in-house capabilities and partnerships.
- Our customer centric approach with strong cross-sell potential.
- Well-integrated technology platform across functions and data-driven operations.
- Prudent risk management, robust underwriting, data analytics capability and robust collections infrastructure.
- Strong liability franchise, access to low-cost borrowing, and strong credit ratings.
- Strong Business Growth and Financial Performance.
- Experienced management team, respected board, and marquee investors.
Company Financials
Hero Fincorp Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 48,565.27 | 7,804.69 | 601.92 |
| 03-2023 | 40,130.63 | 6,032.93 | 457.33 |
| 03-2022 | 31,838.36 | 4,490.58 | -194.00 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Augmentation of the company's Tier-I Capital base to meet the company
Hero Fincorp Ltd IPO Prospectus
Hero Fincorp Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹10 |
Company Contact Information
Hero Fincorp Ltd
34 Community CentreBasant lok Vasant Vihar,New Delhi-110057
Phone: 91-11-4604 4100/2614 2451
Email: vivekgautam@herohonda.com
Website: -
34 Community CentreBasant lok Vasant Vihar,New Delhi-110057
Phone: 91-11-4604 4100/2614 2451
Email: vivekgautam@herohonda.com
Website: -
Hero Fincorp Ltd IPO Registrar
Hero Fincorp Ltd IPO Lead Manager(s)
- JM Financial Ltd
- Axis Capital Ltd
- BofA Securities India Ltd
- HDFC Bank Ltd
- HSBC Securities and Capital Markets (India) P Ltd
- ICICI Securities Ltd
- Jefferies India Pvt Ltd
- SBI Capital Markets Ltd