Hero Fincorp
January 1, 1970 – January 1, 1970
| Price | ₹0 - ₹0 |
| Premium | ₹0 |
|---|---|
| Lot size | 0 |
| Allotment | - |
| Listing | - |
Hero Fincorp About
IPO Details
| Total Issue Size | [.] shares (aggregating up to 3,668.13 Cr) |
| Fresh Issue | [.] shares (aggregating up to 2,100.00 Cr) |
| Offer for Sale | [.] shares of ?10 (aggregating up to 1,568.13 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,27,30,667 shares |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Offer |
| Retail Shares Offered | Not more than 10% of the Net Offer |
| NII (HNI) Shares Offered | Not more than 15% of the Net Offer |
Key Performance Indicators
| KPI | Mar-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 11.57% | 9.59% | -3.94% |
| D/E | 8.01% | 6.99% | 6.02% |
| EPS (basic) | 50.04 | 37.7 | -15.07 |
| P/E Pre IPO | |||
| P/E Post IPO |
Company Financials In Crores
| Period Ended | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Assets | 53,204.66 | 43,451.23 | 34,399.04 |
| Revenue | 8,359.73 | 6,447.55 | 4,797.51 |
| Profit After Tax | 637.05 | 479.95 | -191.9 |
| 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 |
About Company
Hero Fincorp Limited – Company Snapshot
Incorporated: 1991
Type: Diversified Non-Banking Financial Company (NBFC
Parent Company: Hero MotoCorp
Segments Served: Retail, MSME, and Corporate Financing
Key Offerings
Retail Customers:
Two-wheeler loans (Hero bikes, scooters, select EVs)
Used car loans
Personal loans
Home loans (via housing finance arm)
MSMEs & Entrepreneurs:
Business loans (secured/unsecured
Loans against property
Construction finance
Supply chain financing
Corporate Clients (CIF Division):
Structured finance solutions (secured/unsecured)
Operational Scale (as of March 2024)
In-house collections staff: 5,650+
Field agents: 8,000+ across 1,200+ agencies
Outsourced call center agents: ~550
Hero MotoCorp dealer/sub-dealer network: 4,200+ across India
Strength
Strong Brand Association: Hero FinCorp benefits from the established and reputable Hero brand, which enjoys high brand recognition and a AAA brand rating.
Diversified Loan Portfolio: The company's loan book is diversified, with a significant portion (over 85%) coming from retail and MSME loans. This reduces reliance on a single segment and provides stability.
Large Customer Base: Hero FinCorp has a large and growing customer base, reaching 5 million customers with an omni-channel model and pan-India reach.
Weakness
Regulatory Proceedings Involving Promoters: Ongoing regulatory actions against certain promoters may result in reputational damage, which could affect stakeholder confidence and business operations.
Dependence on IT Infrastructure: Any failure, downtime, or vulnerability in our technology systems can disrupt operations, impact customer service, and hinder business continuity.
Interest Rate Fluctuations: Adverse movements in interest rates may reduce our net interest income, directly affecting profitability and overall financial health.
Hero Fincorp Lead Manager(s)
Hero Fincorp Address
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 Registrar
MUFG Intime India Private Limited (Link Intime)
Link Intime India Private Ltd
C 101, 247 Park,
L.B.S.Marg Vikhroli (West),
Mumbai - 400083