Hero Fincorp Limited Logo

Hero Fincorp Limited IPO

NSELot: 2147483647

CLOSEDMAINBOARD
Price Band
0 - ₹0
Lot Size
2,147,483,647
Issue Size
₹3668.13 Cr
GMP
0
Subscription
0.00x

IPO Schedule

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Open
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2
Close
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3
Allotment
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4
Listing
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About Hero Fincorp Limited

Hero Fincorp Limited is a non-banking financial company (NBFC) focused on providing financing solutions across various retail and corporate segments in India. The company's offerings include two-wheeler financing, SME financing, and other financial products.

Subscription Status

QIB
0.00x
NII
0.00x
Retail
0.00x
CategoryDay 3
QIB0.00x
NII0.00x
Retail0.00x
Total0.00x

Risk Factors

Regulatory Risks: Subject to regulatory changes and compliance requirements in the NBFC sector.
Credit Risk: Exposure to credit risk associated with lending activities, particularly in the SME segment.
Competition: Faces intense competition from other NBFCs, banks, and fintech companies.

Promoters & Management

Hero FinCorp's key management team includes experienced professionals such as Abhimanyu Munjal (Managing Director and CEO), Sajin Purushothaman Mangalathu (Chief Financial Officer), and Shivendra Kumar Suman (Company Secretary and Compliance Officer). The board of directors comprises a mix of executive, non-executive, and independent directors, including Dr. Pawan Munjal (Chairman), Renu Munjal, Pradeep Dinodia, Sanjay Kukreja, Amar Raj Singh Bindra, Paramdeep Singh, Anuranjita Kumar, Aparna Popat Ved, and Kaushik Dutta. The management team has extensive experience in the financial services industry and has been instrumental in developing and implementing the company's business strategy. The company's senior management executives have received employee stock options, which further align their interests with the organization's interests.