Hero Fincorp IPO Date, Review, Price, Allotment Details
The Hero Fincorp IPO is scheduled to open on July 24, 2025 (tentative), and close on July 28, 2025. This Book Built Issue aims to raise approximately ₹3,668.13 crores, including a fresh issue of ₹2,100 crores and an offer for sale of [.] equity shares with a face value of ₹10 each.
The IPO price band is fixed at ₹[.] to ₹[.] per share, with 10% allocated to retail investors, 75% to Qualified Institutional Buyers (QIBs), and 15% to High Net-worth Individuals (HNIs). The allotment is expected to be finalized on July 29, 2025, and the shares are scheduled to list on BSE and NSE on July 31, 2025.
Financially, Hero Fincorp has demonstrated steady growth, reporting a revenue of ₹8,359.73 crores in FY 2024, up from ₹6,447.55 crores in FY 2023. Net profit increased to ₹637.05 crores in FY 2024, compared to ₹479.95 crores the previous year. Given these strong financials, the IPO is considered suitable for long-term investors.
Hero Fincorp IPO 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
Hero Fincorp IPO Market Lot
The Hero Fincorp IPO has a minimum market lot of [.] shares, with an application amount of ₹[.]. Retail investors may apply for up to 13 lots, totaling [.] shares and an overall investment of ₹[.].
Application Lot Size Shares Amount Retail Minimum 1 – ₹- Retail Maximum 13 – ₹- S-HNI Minimum 14 – ₹- B-HNI Minimum 68 – ₹-
Hero Fincorp IPO Dates
The Hero Fincorp IPO will open on 24 July 2025 and close on 28 July 2025. The allotment is expected to be finalized on 29 July, with the shares scheduled to list on 31 July 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
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 IPO
Hero Fincorp, established in 1991, is among India’s fastest-growing NBFCs, providing a diverse range of financial products and services to retail and MSME customers, with loans disbursed roughly every 30 seconds. The company offers retail, MSME, and CIF loans, including vehicle, personal, and mortgage loans. Operating under the trusted Hero brand, supported by the legacy of Hero MotoCorp Limited, one of India’s leading two-wheeler manufacturers, Hero Fincorp continues to expand its offerings and market presence while delivering high-quality financial services. The company currently employs 5,653 in-house staff members.
Hero Fincorp IPO Company Financial Report
Hero Fincorp reported a revenue of ₹8,359.73 crores in FY 2024, up from ₹6,447.55 crores in FY 2023. Its net profit also rose to ₹637.05 crores in FY 2024, compared to ₹479.95 crores the previous year, reflecting steady growth and strong financial performance.
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
Check Hero Fincorp IPO valuation details like Earning Per Share (EPS), Price/Earning (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
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 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.
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 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,
Phone: +91 011 4946 715
Email: investors@herofincorp.com
Website: http://www.herofincorp.com/