Hero FinCorp IPO Allotment Status
Hero FinCorp IPO allotment status (tentative) is expected to be finalised in the second week of March 2025. The listing will be on the BSE and NSE platforms in the second week of March 2025 (Tentative).
The registrar of this IPO is expected to be Link Intime India Limited. Investors can check their allotment status after the subscription of the IPO ends. Hero FinCorp IPO subscription status will be updated from the first day of IPO opening.
Hero FinCorp IPO FAQ
1. What are the details of the Hero FinCorp IPO?
Hero FinCorp IPO is a book-built issue of Rs 3,668.13 crores. This upcoming IPO is likely to be a combination of fresh issue and offer-for-sale. The fresh Issue is of Rs 2,100 crore and offer-for-sale is of Rs 1,568 crore. This issue size of Rs 3,668.13 is mentioned in Hero FinCorp IPO DRHP.
2. When will the Hero FinCorp IPO open and close?
Hero FinCorp IPO open date and close date is expected to be near March 3, 2025 to March 5, 2025. However, as of now the open and close date is not yet finalised.
3. What is Hero FinCorp IPO GMP?
The Hero FinCorp IPO GMP has not yet started. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Hero FinCorp IPO GMP might rise in the coming days.
4. What are the details of Hero FinCorp IPO subscription status?
Hero FinCorp IPO subscription status will be available after the IPO opens on 3 March 2025. In the QIB category 75% of the net offer is reserved. The remaining 15% is reserved for the retail investors and 10% is for Non-Institutional investors.
5. Who is the registrar and lead managers for Hero FinCorp IPO?
Hero FinCorp IPO's registrar is Link Intime India Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status.
The lead managers' names are JM Financial Limited, Axis Capital Limited, BOFA Securities Limited, HDFC Bank Limited, HSBC Securities and Capital Market India Private Limited, Jefferies India Private Limited and SBI Capital Markets Limited.
What is the IPO Allotment Status?
The IPO allotment status indicates whether an investor's IPO application has been selected or not. After the IPO closes, the registrar of the particular IPO conducts the allotment process based on demand and predefined rules.
If investors got the IPO allotment, then details of how many shares are allotted have to be conveyed. Investors can check the allotment status by visiting the registrar's website and entering the application number, PAN, or Demat details.