By Admin 
Hero Fincorp IPO: The two-wheeler maker Hero MotoCorp’s financial services unit is ready to take entry into the Hero Fincorp stock market. The company is bringing an IPO of Rs 3,668 crore. News agency PTI gave this information on Thursday. The company has also received approval for IPOs from the Securities and Exchange Board of India (SEBI).
SEBI shows green signal for IPO on 22 May
According to the draft Red Herring Prospectus issued by SEBI, the Hero Fincorp IPO will have a fresh issue of Rs 2,100 crore and an offer of Rs 1,568 crore for sale (offs). In this proposed IPO of Hero Phancorp, AHVF II Holdings will sell their stake through the company’s current shareholders OFS Window through the company of Singapore, Epis Growth II (Hibiscus), Link Investment Trust and Oter Limited. According to PTI report, Hero Fincorp filed documents for IPO near SEBI in August 2024. On May 22, 2025, SEBI formally approved this.
Fund will be used in this work
The company will use the amount raised from the IPO to increase its capital so that the loan business can be expanded, the capital requirements can be met. Hero Fincorp is a non-banking financial company (NBFC), which provides loans and financial services to the retail, micro, small and medium enterprise (MSME) sector in the country.
JM Financial Limited, Bofa Securities India Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, Jeffers India Private Limited and SBI Capital Markets Limited are the book running lead managers of IPO. The company’s equity share listing is likely to be on BSE and NSE.
Hero Fincorp has so many customers
The company’s asset under management (AUM) is Rs 51,821 crore. Of these, the contribution of the retail segment is 65 percent and the contribution of MSME Loan Vertical is about 21 percent. Hero Fincorp was established in 1991, since then the number of its customers has increased to 1.18 crores.
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