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

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