Hero FinCorp IPO Price Band

Hero FinCorp IPO Price Band

Hero FinCorp IPO price band is expected to be Rs 428 + per share. However, the final price band is not yet released. The minimum amount of investment for the retail category is to be around Rs 14,850 and for small NII minimum investment is to be around Rs 2,01,000.

The minimum investment for the Big NII is to be around Rs 10,01,000. Hero FinCorp IPO lot size is expected to be 34 shares.

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 IPOGMP 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 20 December 2024. 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. Write the details of the 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).

6. 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. 

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