The Hero FinCorp IPO is a ₹3,668 crore book-built issue comprising a fresh issue of ₹1,840 crore and an Offer for Sale (OFS) of ₹1,568 crore. Although the IPO is SEBI-approved, specific opening/closing dates and the price band remain unannounced pending market conditions. [1, 2, 3]
Key IPO Structure & Details
- Total Issue Size: ₹3,668.13 crore
- Fresh Issue: ₹1,840 crore (adjusted after a ₹260 crore pre-IPO placement)
- Offer for Sale (OFS): ₹1,568.13 crore by existing shareholders
- Listing Exchanges: Proposed for both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)
- Registrar: KFin Technologies Limited or Link Intime [1, 2, 3]
Shareholder Allocation
- Qualified Institutional Buyers (QIB): 75% of the issue
- High Net-Worth Individuals (HNI): 15% of the issue
- Retail Investors: 10% of the issue [1]
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