🚀 Hero FinCorp Gets SEBI Nod for ₹3,668 Cr IPO

IPO Watch | Financial Market News


📌 Quick Overview

Hero FinCorp, the lending arm of Hero MotoCorp, has secured regulatory approval from SEBI to launch its ₹3,668 crore Initial Public Offering (IPO).

This IPO marks a major milestone for one of India’s fastest-growing NBFCs as it aims to raise capital to fuel its lending ambitions across retail and MSME sectors.


📊 IPO Structure

  • Total Issue Size: ₹3,668 crore
  • Fresh Equity Issue: ₹2,100 crore
  • Offer for Sale (OFS): ₹1,568 crore

Participating Shareholders in OFS: - AHVF II Holdings Singapore II Pte. Ltd
- Apis Growth II (Hibiscus) Pte. Ltd
- Link Investment Trust (via Vikas Srivastava)
- Otter Ltd

📌 Funds from the fresh issue will be used to bolster the company’s capital adequacy to support future lending needs.


🏦 Company Snapshot

  • Founded: 1991
  • Assets Under Management (Mar 2024): ₹51,821 crore
  • Customer Base: 1.18 crore borrowers
  • Lending Segments:
    • 🏠 Retail Lending – 65% of AUM
    • 🏢 MSME Lending – 21% of AUM

Hero FinCorp functions as a full-spectrum Non-Banking Financial Company (NBFC) catering to India’s underserved financial segments.


📅 Timeline & Lead Managers

  • DRHP Filed: August 2024
  • SEBI Observation (Approval): May 22, 2025

Book Running Lead Managers:

  • JM Financial
  • BofA Securities India
  • HSBC Capital
  • ICICI Securities
  • Jefferies India
  • SBI Capital Markets

🤖 TheAIBull Insight

This IPO isn’t just about equity—it's about scale. As financial lending becomes increasingly AI-augmented, Hero FinCorp’s fresh capital can power smarter credit decisioning, digital onboarding, and automated servicing.

India's NBFC landscape is ripe for tech disruption—and Hero FinCorp is placing its bet early.


Stay tuned with TheAIBull for more IPO insights, financial analysis, and AI-led market trends.

Published on 2025/05/30

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