Hero Fincorp IPO is expected to open on July 24, 2025, and close on July 28, 2025 (tentative dates). This will be a Book Built Issue, with the company aiming to raise approximately ₹3,668.13 crores. The IPO includes a fresh issue worth ₹2,100 crores and an offer for sale of up to [.] equity shares with a face value of ₹10 each.

The price band for the IPO is yet to be announced. The issue is allocated with 10% for retail investors, 75% for Qualified Institutional Buyers (QIB), and 15% for High Net-worth Individuals (HNI). The listing is scheduled on both BSE and NSE on July 31, 2025, while the allotment date is set for July 29, 2025.

Financially, the company recorded revenue of ₹8,359.73 crores in 2024, a significant rise from ₹6,447.55 crores in 2023. The profit also increased to ₹637.05 crores in 2024, up from ₹479.95 crores in the previous year. Based on this strong financial growth, the IPO is considered suitable for long-term investors

About Hero Fincorp IPO

Founded in 1991, Hero Fincorp is among the fastest-growing non-banking financial companies (NBFCs) in India, offering a wide array of financial products and services. The company disburses a loan approximately every 30 seconds, catering to a growing customer base, including MSMEs. It provides various types of loans such as retail loans (including vehicle, personal, and mortgage loans), MSME loans, and CIF loans.

Hero Fincorp operates under the well-established Hero brand, which is known for its strong legacy, reputation, and consistent performance. Its parent company, Hero MotoCorp Limited, is one of the top two-wheeler manufacturers in India. Looking ahead, Hero Fincorp aims to broaden its service portfolio and geographic reach while continuing to deliver top-tier financial solutions. Currently, the company employs a workforce of 5,653 in-house staff.