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    • Hero FinCorp's pre-IPO round 2: Vattikuti Ventures invests Rs 50 crore, fresh issue size reduced to Rs 1,790 crore

      Hero FinCorp IPO: At a price of Rs 1,400 per share, the subsidiary of Hero MotoCorp is valued at Rs 25,014 crore.

    • NBFC Hero FinCorp gets Rs 260 crore in pre-IPO round, reduces fresh issue size

      Hero FinCorp IPO | Shahi Exports and RVG Jatropha Plantation are the largest investors amongst them, acquiring Rs 69 crore, and Rs 50 crore worth shares of Hero FinCorp in pre-IPO round, respectively. Further, Mohan Exports are allotted Rs 25 crore worth shares, and AP Properties Rs 22 crore shares by the company.

    • Hero FinCorp gets SEBI approval to launch Rs 3,668-crore IPO

      Hero Fincorp IPO: The market regulator's approval comes months after the NBFC filed draft documents on July 31.

    • IPO-bound Hero Fincorp sees 80% rise in losses from bad loans, profit tumbles

      As a result of its growing bad-loan problem, the NBFC's gross non-performing assets are seeing an upward trend again

    • Hero FinCorp approves Rs 4,000 crore IPO with fresh issue and offer for sale

      The IPO will be a combination of fresh issue of shares and an Offer For Sale by existing shareholders.

    • RBI imposes Rs 3.10-lakh penalty on Hero Fincorp for rule violations

      The RBI said the company did not convey the terms and conditions of loans in writing to the borrowers in the vernacular language understood by them.

    • Ahead of IPO, Hero FinCorp writes off bad loans worth around Rs 1,200 crore

      Hero FinCorp recorded a 25 percent rise in AUM in the first nine months of FY24, which grew to Rs 49,127 crore, while disbursals rose 26 percent to Rs 24,979 crore

    • Hero FinCorp targets PAT of Rs 1,000 crore in FY25, says CEO Abhimanyu Munjal

      Hero FinCorp's Assets under management (AUM) till December 2023 stood at Rs 49,127 crore compared with Rs 39,381 crore at the end of December 2022, an increase of 25 percent on a year-on-year basis.

    • Vehicle financing will be the biggest growth driver, says Hero MotoCorp CEO

      As the penetration of financing improves, it will enable the inclusion of people from all strata of society, thereby driving growth and profitability for the two-wheeler segment, says Niranjan Gupta

    • Hero MotoCorp arm Hero FinCorp picks 8 i-banks for mega IPO of around Rs 4,000 crore

      Hero MotoCorp owns around 40 per cent stake in Hero Fincorp, the promoters, the Munjal family hold around 35-39 per cent while the balance is held by private equity investors like Apollo Global, ChrysCapital, Credit Suisse and some dealers of HeroMoto Corp.

    • Hero MotoCorp to invest up to Rs 700 crore in Hero FinCorp

    • NBFCs feel COVID-19 lockdown heat: Moody’s cracks the whip on three firms

    • Baring India, Bain & Hero FinCorp eye 10% stake in DHFL; Wadhawan may step down: Report

    • Hero FinCorp mulls entry into non-life insurance biz: Report

    • CarDekho.com ties up with Hero FinCorp for used car financing

    • Hero FinCorp likely to pick-up Future Enterprise’s 50% stake in Future Generali: Sources

    • Hero MotoCorp up 1% on subsidiary‘s Rs 1,000-cr fundraising plan

    • Hero MotoCorp shares up over 3% as unit raises Rs 1,002 cr

    • Hero FinCorp raises Rs 1,002 cr from private equity firms

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