Hero FinCorp's IPO is upcoming, with the issue size expected to be around ₹3668.13 crore. Here's what we know so far: 𝗜𝗣𝗢 𝗗𝗲𝘁𝗮𝗶𝗹𝘀: - 𝗜𝘀𝘀𝘂𝗲 𝗦𝗶𝘇𝗲: ₹3668.13 crore, including a fresh issue of ₹2100 crore and an offer for sale of ₹1568.13 crore - 𝗨𝘀𝗲 𝗼𝗳 𝗣𝗿𝗼𝗰𝗲𝗲𝗱𝘀: Primarily for building Tier-I capital base to meet future business requirements - 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄: - Hero FinCorp is a non-banking financial company (NBFC) part of the Hero MotoCorp group, offering diversified financial products - Business verticals include retail loans (vehicle, personal, mortgage), MSME finance (secured and unsecured loans), and CIF loans (corporate and institutional customers) - 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲: - Revenue growth: ₹7,755.24 crore in FY2024, up from ₹4,045.93 crore in FY2021 - Profit after tax: ₹601.92 crore in FY2024, up from ₹70.62 crore in FY2021 - 𝗦𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝘀: - Strong brand reputation associated with Hero MotoCorp - Well-integrated technology platform and data-driven operations