#Hero FinCorp IPO

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How Does Hero MotoCorp’s Rs 700 Crore Investment  In Hero FinCorp Translate For Investors?

Hero MotoCorp is the 3rd largest bike manufacturer in the world and the largest bike manufacturer in India. Recently, Hero MotoCorp invested ₹700 crore in Hero FinCorp. According to the CEO of Hero FinCorp, Abhimanyu Munjal,  this investment will be the right step towards making sure that Hero FinCorp achieves $10 billion in assets by 2025 while catering to more than 15 million people worldwide. 

Hero FinCorp is a non-banking finance company that has successfully raised ₹2000 crore at the beginning of the year. Out of this ₹2,000 crore, ₹700 crore was invested by Hero MotoCorp while Apollo, through its hybrid value fund, invested  ₹937 crore.  

How Will This Investment Help Hero FinCorp?

There are several ways in which this investment can prove to be beneficial for Hero FinCorp, some of them are listed below:

1. It Will Boost Business Growth

The first and most important benefit of this investment is the business growth it will bring. As we mentioned earlier, the investment is supposed to allow Hero FinCorp to expand its business and achieve assets worth $10 billion while catering to 15 million customers worldwide by 2025. This is only possible if the company expands its business in new territories. 

2. Improved Product Offering

As we discussed above, the main goal of Hero FinCorp is to expand and cover various sectors through the financial services it provides. While the company’s goal to reach 15 million customers by 2025 can only be achieved after the improvement in the product offering. Due to this, the investment can be very beneficial to them to increase product offerings in different parts of the countries. 

3. Prepares For Initial Public Offering

There are rumours that Hero FinCorp might come out with an IPO in the later quarters of FY 2024-25. This investment will increase the company’s net worth and will again bring it under AA+ rating. After the funding by Hero MotoCorp and Apollo, the company’s net worth is estimated to be around ₹6782 crore. This will help Hero FinCorp to maintain its financials in a good light to prepare for a future IPO. 

How Is The Investment Significant For Investors?

Hero FinCorp is not listed on any of the stock markets. The only way you can buy its shares is through the unlisted share market where they perform extremely well. The price of the share directly depends on market conditions and the company’s financials. This is why an investor needs to go through a company’s financial reports before investing. Let’s have a look at the company’s financials from the last few years. 

Some of the most important metrics through which you can tell whether you should invest or not are revenue, PAT, EBITDA, net worth and a few other metrics. If we talk about the revenue of Hero FinCorp, their revenue went from ₹4979 crore in 2022 to ₹6447 crore in 2023. The EBITDA value of the company also increased from ₹1457 crore in 2022 to ₹2947 in 2023. The most significant bump can be seen in their PAT which went from ₹ -191 crore in 2022 to ₹480 crore in 2023, which is a huge step up from the previous year. As we mentioned above, with the new funding, the net worth of Hero FinCorp is estimated to be around ₹6782 crore. There is another metric which helps know a company’s worth, EPS or earnings per share. In the case of Hero FinCorp, their EPS went from ₹ -1.5 crore in 2022 to ₹3.7 crore in 2023. 

Why Is It Important To Review These Metrics

When it comes to buying unlisted shares through the market, analysing the aforementioned metrics is very important because, in the unlisted share market, a company’s financial performance is the only thing that matters. In a sense, if a company’s financials go down so will its share prices and vice versa. So any investor needs to go through these metrics to have an idea as to how reliable a company is in the market. 

Hero FinCorp unlisted share prices went from ₹700 in October 2022 to ₹1257 in September 2023. There are rumours that the company might come out with an IPO in 2024, so buying Hero FinCorp unlisted shares can be highly beneficial for investors as the enlisted share price might increase after the IPO, giving huge benefits in return. 

If you have trouble finding any of the metrics mentioned above, feel free to visit a trusted trading platform like Stockify for all your needs. Stockify is a trusted and certified online platform that helps you buy unlisted shares through the market easily and safely. On top of that, experts at Stockify provide you with accurate and latest financial reports from the companies so that you can make the most of your investment. 

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Hero FinCorp Pre IPO

The company Incorporated in 1991 as Hero Honda Fin lease limited but due to change in ownership of its parent company, the company changed its name to Hero FinCorp Limited.

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Finstream Consultancy is a Insight-driven financial service provider company. They have highly experienced and professional team who have experiences stretching across various areas of capital markets. Visit, http://www.finstream.in/unlisted-pre-ipo-shares/hero-fincorp-limited-ipo.php

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A Beginner’s Guide To Unlisted Shares

What are Unlisted Shares?

In simple terms, unlisted shares are shares of a company that hasn’t gone public yet. By purchasing the unlisted shares of a private company, you can invest in it even before its initial public offering (IPO). The Unlisted Saga – Unlisted companies have ambitious plans for rapid growth that aspire to take their business to the next level turning them into multi bagger growth opportunities for investors. 

Previously, access to Similarly, access to startups, earlystage, pre-IPO companies were previously limited to venture capitalists & angel investors.

There are multiple ways to acquire unlisted shares. There are multiple platforms offering such unlisted and Pre IPO shares. TradeUnlisted is one such platform. TradeUnlisted is the leading platform for buying and selling of Unlisted Stocks. To know more, visit www.tradeunlisted.com

Features of Unlisted Shares: 

Dematerialized: Similar to listed stocks, unlisted stocks are also transferred to your Demat account. You may monitor the status of the unlisted shares that you have purchased through your depository participant account, in which they are available at face value.  

Growth Potential: You can now be a part of a private company’s growth since the start. Investors can buy shares in businesses that are either technologically or operationally new on unlisted markets. 

Liquidity: There is no restriction on buying or selling of unlisted shares until the IPO cut-off date, which is usually a week before the listing. However, after listing the SEBI norms shall be applicable to these shares. All unlisted shares go for a lock-in of 6 months from the date of listing, post which they can be traded like any other listed shares. 

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How to buy unlisted shares?

Trade Unlisted is a leading platform for buying and selling of unlisted stocks. TradeUnlisted makes the process of buying and selling unlisted shares seamless and easy.  

Select the company whose share you are willing to buy.

Select the ‘Invest now’ button on the company page. The unlisted stocks will be added to your cart. 

In the cart section, you will be required to enter the quantity of unlisted shares you want to purchase. 

Please note that the minimum cart value should be at least INR 5000. 

Next step is to select the payment method you wish to use. Company accepts payments via debit card, net banking and UPI. 

Post payment, the Relationship Manager will confirm the payment made by you and will ask you to share your Client Master List (CML) details. 

The shares will be credited in the demat account mentioned in the CML copy within the timeline mentioned in the Deal Contract Letter. 

In case you have any other questions, please feel free to call TradeUnlisted on (+91) 8958212121 or write a letter at contactus@tradeunlisted.com. 

Disclaimer: TradeUnlisted is a transactional platform. We are not a stock exchange or an advisory platform. Investments in unlisted products carry a risk and may not provide the anticipated returns and there is a possibility of losing the entire capital as well. There is no assurance of exit and listing date and no clarity whether the ipo will come or not. Unlisted shares go in a lock-in for 6 months from the date of allotment in the ipo. No one should rely solely on the information published or presented herein and should perform personal due diligence or consult with an independent third-party advisor prior to making any investment decisions. The information is obtained from secondary sources, we do not assure the accuracy of the same. The estimates and information is based on past performance, which cannot be regarded as an accurate indicator of future performance and results.

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Hero FinCorp Pre IPO Review & Analysis

Hero FinCorp Limited was Incorporated in 1991 as Hero Honda Fin lease limited but due to change in ownership of its parent company, the company changed its name to Hero FinCorp Limited. The company is engaged in the business of financing, leasing, bill discounting and other financial services and now it is a wholly-owned subsidiary named Hero Housing Finance limited which is engaged in the business of providing housing loans. Its retail business is present at 862 dealerships and services are available at more than 2400 touch points spread across more than thousands of cities towns and villages. Hero Fincorp Ltd.’s Loan against property, SME and Emerging Corporate business is operating out of 42 locations on the non-retail segment and processes more than 550 applications every month.Total share: 98445621 ISIN: INE957N016Total revenue: 2492 Crores CIN: U74899DL1991PLC046774Face value: Rs. 10/share EPS: Rs. 25.97PAT: 268 Crores Dividend: 42.50%Hero FinCorp Limited Overview Industry: Financial services Rating: AA+/stableHeadquarters: New Delhi, India Website: www.herofincorp.comFounded: 1992 Awards: Quality Certification ISO 9001Phone:+91 11 4948 7150

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Hero FinCorp (an associate company of Hero MotoCorp), is an Indian Non-Banking Financial Company (NBFC). The company is currently engaged in consumer finance businesses and commercial lending. Book Hero FinCorp Limited Pre IPO share with Planify.

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Find out more about Hero Fincorp Unlisted Pre-IPO Shares. Hero Fincorp is a non-banking financial company that is part of the Hero Honda group. Hero Fincorp is currently focused on consumer credit and commercial loans.

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Find out more about Hero Fincorp Unlisted Pre-IPO Shares. Hero Fincorp is a non-banking financial company that is part of the Hero Honda group. Hero Fincorp is currently focused on consumer credit and commercial loans.

[planify]

Hero Fincorp is a non-banking financial company that is part of the Hero Honda group. Hero Fincorp is currently focused on consumer credit and commercial loans. Hero Honda Finlease LTD, a subsidiary of Hero Fincorp, began operations in 1992.

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Let’s have a detailed review of the company and analytics of Hero FinCorp IPO release date, IPO offer price, subscription, Hero FinCorp IPO allotment, grey market price and other details like the company’s background, its financial positions, and its other related things.

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Hero FinCorp Pre IPO Review and Analysis.

Hero FinCorp IPO Review, Allotment Status, Subscription, Price, Date & More.

Let’s have a detailed review of the company and analytics of Hero FinCorp IPO release date, IPO offer price, subscription, Hero FinCorp IPO allotment, grey market price and other details like the company’s background, its financial positions, and its other related things.

Summary of Hero FinCorp Limited

Hero FinCorp (an associate company of Hero MotoCorp), is an Indian Non-Banking Financial Company (NBFC). The company is currently engaged in consumer finance businesses and commercial lending. Consumer Finance includes financing Hero MotoCorp Two-Wheeler, Loyalty Customer Loans (top up loans for existing customers) and providing Loans against property. On the commercial lending side it provides Indian corporates with a wide portfolio of financing products which include working capital loans, machine loans among others. It is a captive finance company of Hero MotoCorp Limited.

Hero FinCorp Limited was incorporated in 1991 as Hero Honda Fin lease limited but due to change in ownership of its parent company, the company changed its name to Hero FinCorp Limited.

The company is engaged in the business of financing, leasing, bill discounting and other financial services and now it is a wholly-owned subsidiary named Hero Housing Finance limited which is engaged in the business of providing housing loans. Its retail business is present at 862 dealerships and services are available at more than 2400 touch points spread across more than thousands of cities towns and villages.

Hero Fincorp Ltd.’s Loan against property, SME and Emerging Corporate business is operating out of 42 locations on the non-retail segment and processes more than 550 applications every month.

Strengths of Hero FinCorp Limited

Its major stake almost 79.05 % is held by the Group Hero MotoCorp Limited certainly is most trusted company of India.

Hero Fin Corp is one of India’s fastest growing NBFC, therefore disbursing a loan every 30 seconds.

Abhimanyu Munjal has a very strong vision for Hero Fin Corp and has been involved in every decision from designing the strategic plan to employees hiring, hence it shows dedication and strength of management.

ICRA Limited has assigned ratings for short-term and long-term bank facilities availed by the company as AA+/stable initial revenue also net profit have grown at the CAGR of 83.39% and 78.09% over the past 5 years the AGM of the company held in 2019,

The company furthermore decided to pay a dividend of 42.50% i.e. Rs.4.50/- per equity share.

Industry Overview

The company is in the business of financial services and NBFCs play a very important role in emerging economies like India, furthermore owing to culture, ability and an aim to cover inaccessible areas.

NBFCs act like banks and support the objective of “financial inclusion” of government, therefore quick decision making, and expertise in serving in the niche segment industry gain its significant ground to serve needy people.

Recent regulatory change by SEBI restrict NBFCs from playing freely in the bond market now as per regulation issuer can mature a maximum 12 ISINs per financial year this will reduce the risk and protect the companies from over-leveraging.

Now the masala bond has also come under the external commercial borrowing (ECB) guidelines, as a result, it also gives a push to NBFCs in raising money widely earlier the scope was limited to all players.

Capital adequacy ratio as on March 31, 2018, stood at 18.62, therefore, it is well above the RBI threshold of 15%.

The financial strength of the company is very strong in comparison to other peer company, therefore EPS is positive and consistent growth in profit in the past few years.

Financial Reviews of Hero FinCorp Limited

Financial strength of company is very good, hence, is clearly visible in the financial statement of the company.

The company has grown its net interest margin from 5.6% to 6.7% in 2018 also the Profit of the company has also increased on a CAGR basis of 70% in the last 3 years till 2018.

Gross NPA is also under control and shows a very nominal growth of 0.04% in the previous year.

Furthermore, disbursements have increased at the CAGR OF 53.43% from 2502 Cr. to 9037 Cr. in the past 3 years.

Asset under management reaches from 3072 Cr. To 13542 crore, therefore, it is more than 4 times in the past 5 years.

Total revenue has shown an impressive growth of 47% from INR 1,691 Crore in FY 2017-18 to INR 2,492.52 Crore in FY 2018-19.

If we see financially, company has a lot of strength and potential to grow further and expand their business in the future, furthermore, the new regulation on NBFCs by SEBI also support and push NBFCs in the near future.

Products & Services of Hero FinCorp Limited

1.      Two Wheeler Loans Hero FinCorp provides financing for purchase of Hero MotoCorp two wheelers. The firm claims to have over 350,000 active two-wheeler customer loans in June 2015. The company plans to be present in over 730 Hero MotoCorp dealerships by end of March 2016.

2.      Loyalty Customer Personal Loans Hero FinCorp provides financing options for its existing customers who have availed loans to purchase two wheelers from Hero MotoCorp. Customers with good track record of repayment are offered a Top up Loan, called Loyalty Personal Loan (LPL). Fulfilment through the diverse dealership network of Hero MotoCorp combined with wide front office network of CAMS is enabled.

3.      Used Car Finance The Company has recently started financing of used cars for both salaried and self-employed individuals. The company offers customizable tenures and payment options. Leading auto portal, CarDekho.com has partnered with Hero FinCorp, a leading non-banking financial company, to bring comprehensive financing options to its used car buyers.

4.      Loan against Property The Company provides loans against property to corporates, partnership firms and self-employed individuals for up to 15 years with customizable interest rates.

5.      SME & Commercial Loans

1.      Bill Discounting

2.      Working Capital Term Loan

3.      Working Capital Demand Loan

4.      Term Loan

5.      Project Finance

6.      Acquisition Financing

7.      Machine Term Loan

8.      Medical Equipment Financing

9.      E-commerce Dealer Financing

10.   Hero MotoCorp Dealer Financing

Hero FinCorp IPO Allotment Status, Subscription, Price, Date & More.

Hero FinCorp IPO date has not been released yet. Once the IPO date has been issued, the subscription details will be updated regularly. The Allotment status will be announced about 3-4 weeks of the IPO issue date. The price band of the IPO will be known only after the offer price of the IPO issues is known. One can know about the price band of the IPO in about a week.

Planify View Over Hero Fincorp Limited

The company, first of all, is blurring the gap between banks in terms of costs of funds and therefore trying to capture both urban as well as the rural market.

It is a good dividend-paying company with a lot of diversification in products and services in their sector.

Rating agencies ICRA and CRISIL gave a great and stable rating to all the financial securities of the company.

Due to growing demand, innovation, policy support, above all growing penetration in the financial service sector Hero Fin Corp, as a result, gets a lot of push in NBFCs.

Strong brand name i.e. Hero, PAN India Network and experienced and stable senior management team.

We at Planify strongly recommend buy position in this share, hence, its presence, therefore, is important for a healthy portfolio.

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