IPO Watch | Financial Market News
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.
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.
Hero FinCorp functions as a full-spectrum Non-Banking Financial Company (NBFC) catering to India’s underserved financial segments.
Book Running Lead Managers:
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.
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