Hero FinCorp

Hero FinCorp: Hero Fin could raise over Rs 5,000 cr in IPO, largest by an NBFC

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Hero FinCorp: Hero Fin could raise over Rs 5,000 cr in IPO, largest by an NBFC

Mumbai: Hero FinCorp, the financial services arm of India’s leading two-wheeler maker Hero MotoCorp, will likely file its draft red herring prospectus (DRHP) next month for an initial public offering (IPO), according to investment banking sources. The share sale could be worth ₹5,300 crore to ₹5,500 crore, making it the largest ever public issue by … Read more

hero fincorp ipo: Hero FinCorp approves Rs 4,000 crore fundraise via IPO

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hero fincorp ipo: Hero FinCorp approves Rs 4,000 crore fundraise via IPO

Hero FinCorp, a subsidiary of Hero MotoCorp, will raise funds through an initial public offering (IPO), which will comprise a fresh issue of shares worth up to Rs 4,000 crore and an offer for sale by certain existing and eligible shareholders. “This is to inform you that the Board of Directors of the Company in … Read more