Hero Fincrop
MAINBOARD
Min. Investment
Issue size
₹3668.13 Cr
GMP
Locked
Current subscription status: --
Expert verdict
Subscription (as on 30 September 2025, 05:30 PM)
Overall-
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 1991|MD: Mr Abhimanyu Munjal
- Hero Fincorp is a non-banking financial company (NBFC) that provides a range of financial services to retail customers and micro, small, and medium enterprises (MSMEs) in India. Its offerings include vehicle loans (two-wheeler, used car, and electric vehicle loans), personal loans, mortgage loans, and MSME financing (secured and unsecured loans for business needs). Hero Fincorp also offers loans to corporate and institutional customers.
- The company operates under the "Hero" brand and leverages the extensive distribution network of its parent company, Hero MotoCorp, which has a wide dealer presence across India. Hero Fincorp utilises a digital platform for customer acquisition and loan management.
- The company is headquartered in India and has an extensive presence across the country with a combination of in-house teams and distribution partnerships.
- Use of proceeds:
- The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Proceeds from the OFS will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes:
- Augmenting the company’s Tier-I capital to support future lending requirements.
- Covering expenses related to the offer.
Issue Details & Objective
Face value
₹10 per share
Financials
Download DRHP (IPO Doc)FAQs
Should I apply for the Hero Fincrop IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Hero Fincrop IPO?
The issue size of Hero Fincrop IPO is ₹3668.13 Cr
What are the open and close dates for Hero Fincrop IPO?
The Hero Fincrop IPO will be open for applications from null to null
What is the lot size and minimum order quantity of Hero Fincrop IPO?
The lot size of Hero Fincrop IPO is null and its minimum investment amount is null.
What is the GMP value of Hero Fincrop IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Hero Fincrop IPO is null
