Hero FinCorp Limited was Incorporated in December 1991 as Hero Honda FinLease Limited; the restructuring of the parent company Hero MotoCorp Limited, led to the present form as Hero FinCorp Limited.
Hero Fincorp is in the business of financing, leasing, bill discounting and other financial services. The company provides housing loans through its subsidiary Hero Housing Finance Ltd.
Hero Fincorp currently has a presence at over 3,100 touch points spread over more than 1700 locations.
Products:
Retail Loans:
Digital Loans:
Corporate Loans:
Besides the above, Hero Fincorp also provides
Hero Fincorp Business Performance Highlights:
Source: Hero Fincorp Annual Report: 2021-22
Performance of Subsidiaries:
Hero Housing Finance Limited (“HHFL”) was granted a Housing Finance Company license by the National Housing Bank (NHB) in August, 2017 to carry on the business of (non-deposit taking) housing finance.
HHFL had started its lending operations from April, 2018. It is an all-inclusive housing finance company providing hassle-free home loans pan India which includes the following products to its customers: (i) Home Loans, (ii) Loan Against Property etc.
HHFL had seen considerable growth in the financial year 2021-22, aided by strong volume growth across all its lines of businesses.
During the year under review, receivables under financing activity has reached to Rs. 2,689.35 crore in the financial year 2021-22 as compared to Rs. 2,337.85 crore in financial year 2020-21 representing an increase of 15.04% over the previous year.
HHFL has Revenue from operations of Rs. 298.30 crore in financial year 2021-22 as compared to Rs. 232.79 crore in previous year 2020-21, registering a growth of 28.14% over the previous year.
During the financial year 2021-22, HHFL has turned profitable and reported profit after tax of Rs. 2.09 crore as against a loss after tax of Rs. 19.00 crore for the financial year 2020-21.
Source: Hero Fincorp Annual Report 2021-22
SWOT ANALYSIS: (Source: Hero Fincorp Annual Report 2021-22)
Strengths:
• Strong Brand Name (Hero);
• PAN India presence of network;
• A well-defined and scalable organizational structure based on product, territory and process knowledge;
• Experienced and stable senior management team;
• Cost of borrowing being one of the lowest in the industry;
• More than 7.5 Million happy customers;
• Consistent financial track record with rapid growth in AUMs; and
• Strong relationships with public, private as well as foreign banks, institutions and investors.
Weaknesses:
• Business and growth directly linked with the GDP growth of the country; and
• Retail portfolios also likely to come under stress
Opportunities:
• Large untapped market, both rural and urban and also geographically;
• Huge opportunity to finance as more and more customers are likely to go for Technology upgradation; and
• On boarding customers on technology platform and effectively used for extending credit on their working capital needs and also for enhancing our digital footprint on recovery.
Threats:
• All risks associated with pandemic;
• Inadequate availability of bank finance and upsurge in borrowing cost; and
• Competition from captive finance companies, small banks etc.
Future Strategy:
The Board has determined the following medium-term and long term strategies to achieve its corporate goals over a period of next 1-2 years:
• Periodical review of pandemic risks, business continuity plan, liquidity management;
• To focus on digital initiatives to effectively service customers and to educate customers on the digital payment of EMIs;
• Effective use and implementation of data analytics in the process of loan disbursement and loan recovery;
• Further enhancing quality of loan portfolio;
• Maintaining customer loyalty through winning relationship and customer satisfaction; and
• Promoting Work from Home, innovative method of working culture, employee up-skilling and re-skilling.
| Name | Hero Fincorp Limited Unlisted Shares |
|---|---|
| Face Value | ₹ 10 |
| ISIN Code | INE957N01016 |
| Available in Depository | CDSL & NSDL |
| PAN | AAACH0157J |
| Lot Size | 50 Shares |
| Hero Fincorp Unlisted Share Price | ₹ 765 Per Equity Share |
| Particulars | 2021-22 | 2020-21 | 2019-20 | 2018-19 |
|---|---|---|---|---|
| Assets under management | 32,953 | 27,490 | 25,182 | 19,736 |
| Interest Income | 4,241.87 | 3,877.79 | 3,417.56 | 2,247.51 |
| Total Revenue from operations | 4,738.66 | 4,278.08 | 3,799.86 | 2,518.47 |
| Total Expenses | 5,051.69 | 4,262.45 | 3,406.39 | 2,127.43 |
| Profit/(Loss) before tax | (254.03) | 71.07 | 448.79 | 391.04 |
| Profit/(Loss) after tax | (191.90) | 51.62 | 278.03 | 245.75 |
| EPS (In INR) | (15.07) | 4.23 | 24.18 | 23.78 |
*Rates mentioned in the chart are indicative.
The trend indicator above has been derived from the current demand/supply of Hero Fincorp Unlisted Shares. The trend has a tendency to change anytime depending on the market conditions and other events. This indicator must not be construed as any recommendation to buy/sell/hold.
Total Number of Outstanding Shares: 127,306,674 (As per Annual Report FY 2021-22)
Market Cap Scenarios:
At 850 Rs/Share, Hero Fincorp Unlisted Shares values the company at approx. Rs. 10,821 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Hero Fincorp unlisted shares.
At 900 Rs/Share, Hero Fincorp Unlisted Shares values the company at approx. Rs. 11,457 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Hero Fincorp unlisted shares.
At 950 Rs/Share, Hero Fincorp Unlisted Shares values the company at approx. Rs. 12,094 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Hero Fincorp unlisted shares.
Source: Annual Report FY 2021-22
| Name | Listing Status |
|---|---|
| Arohan Financial Services | Unlisted |
| Five Star Business Finance | Unlisted |
| HDB Financial Services | Unlisted |
| L&T Finance Holdings | Listed |
| Maxvalue Credits and Investments | Unlisted |
| Motilal Oswal Home Finance | Unlisted |
| ICL Fincorp | Unlisted |
| Shriram Transport Finance Company | Listed |
Hero Fincorp Dividend:
FY2021-22: No Dividend declared
No information found for Hero Fincorp Rights Issue
No information found for Hero Fincorp Buyback
No information found for Hero Fincorp shares split
Process of Buying Hero Fincorp Unlisted Shares
Get connected with us and inquire for the Hero Fincorp Unlisted Shares
We will quote the current prevailing market rates of the Hero Fincorp Unlisted Shares (Subject to availability)
If you agree on the rate and quantity, we will send our bank details. (Please note, we accept payment only through bank)
Buyer transfers the fund in our bank account and buyer also need to send their demat details (for initiating share transfer process)
Post receiving funds and demat details, we initiate transfer of Hero Fincorp unlisted shares. The shares usually gets transferred on same/next working day in your demat account
For detailed buying process, refer here
The minimum lot size for investing in Hero Fincorp Unlisted Shares is 50-100 Shares
The Lock-in period for Hero Fincorp Unlisted Shares will be Six Months. The Lock-in period starts from the date of IPO allotment. (According to SEBI Regulations)
As per the SEBI guidelines, lock-in period for Pre IPO shares is six months. The lock-in period starts from the date of allotment of IPO. During the lock-in period, the shares remain in your account but are marked as locked. After six months, the shares automatically gets unlocked and one can sell it normally on stock exchanges like any other listed shares
Yes, buying Hero Fincorp Unlisted Shares is completely legal
You can regularly check the updated price of Hero Fincorp Unlisted Shares at our Website and on our Telegram Channel
The IPO of Hero Fincorp can be expected in medium term to long term. However, the company has not revealed its IPO plans as of now
At Unlisted Arena, you can buy Hero Fincorp Unlisted Shares and many such Pre IPO Shares easily at most reasonable rates with a hassle-free process. Unlisted Arena is India’s leading dealer in Unlisted & Pre IPO Shares
You can sell Hero Fincorp Unlisted Shares:
Before IPO: You can sell Hero Fincorp Unlisted Shares before IPO too. You need to have a buyer for this shares. We can also help you to liquidate your holdings of unlisted shares.
After IPO: Once the lock-in period is complete, you can sell the shares on stock exchanges(NSE/BSE) just like any other listed shares
There are two methods to transfer Hero Fincorp Unlisted Shares
Method 1 – Offline Transfer
In this method, you must have a Delivery Instruction Slip (DIS) book which is provided by your broker. All the demat broking companies have its own DIS book. Along with DIS, there is an annexure which is to be submitted by the seller. Annexure too is provided by the demat broking company. After filing DIS and annexure, duly signed by the seller, they are to be handed over to your respective broker. Post that, your broker will process the request and transfer the shares as per details provided
Method 2 – Online Transfer
One can also transfer shares online through E-DIS/Off Market share transfer. The client must check with their respective brokers if they provide such facility. One can also transfer shares through CDSL easiest (for CDSL Demat) and NSDL Speed-E (For NSDL Demat) after registering into it
Yes, Hero Fincorp Unlisted Shares are in demat form just like listed shares. You can buy and store them in your demat account. Like listed shares, Unlisted Shares also have their ISIN code so that you can verify the authenticity of shares
Once the process is complete, Hero Fincorp Unlisted Shares will reflect in your demat account. The shares usually gets reflected in your Depository holdings (DP Holdings). You can check it in your stock brokers app/website. The shares are also shown on your DP transactions and holding statement.
You can also check your holdings in the following:
If you have CDSL Demat Account – CDSL Myeasi app
If you have NSDL Demat Account – NSDL Speed-E
Many investors do ask ‘How to buy Hero Fincorp Unlisted Shares in Zerodha, Angel One, Upstox, etc?’
You can buy Hero Fincorp in any demat account with any broking company
When it comes to delivery of unlisted shares- Be assured as Unlisted Arena is the fastest in delivering shares. Once the process is completed, we usually deliver the shares on same day or the next working day. i.e T day or (T+1) working day
Short Term Capital Gains Tax: If unlisted shares are sold in 24 months or less, gains from such sale are taxed at the slab rate
Long Term Capital Gains Tax: If unlisted shares are sold after holding for more than 24 months, gains on such sale will be taxed at 20% after indexation
Tax on Capital Gains on Unlisted Shares that are sold after getting listed: The tax rates will be the same as that on purchase and sale of listed shares.
That is, the long-term gains (shares sold after holding for more than one year) will be taxed at 10% after a threshold of ₹ 1 lakh per financial year.
Short-term gains (gains on selling shares in one year or less) will be taxed at 15%
For listed shares, there are numerous applications and website which shows the market capitalization of shares. But no need to worry, we have included market capitalization scenarios on our website which shows market cap/valuations of the company based on prevailing Unlisted Shares rates. In addition, we have also mentioned total number of shares so that you can easily calculate current market cap quickly without putting much efforts. Click here to see the valuations of Hero Fincorp Pre IPO shares
Quick tip: Market Cap= Total Outstanding shares x Price per share
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Hero Fincorp is a Pre IPO company. Hero Fincorp has plans to get its stock listed on exchanges
Yes, NRIs can also buy and sell Hero Fincorp Unlisted Shares just like domestic investors. But their investment is on a non-repatriable basis
Like any listed shares, Unlisted Shares price is also determined by demand-supply of Unlisted Shares. Higher the demand, higher the price and vice-versa. The rates of Unlisted Shares are also derived from its performance, corporate actions such as declaration of results, bonus, dividend, etc. Another important aspect is share price/valuation of its listed peer. If the listed business is identical, unlisted companies share price/valuation will too be in similar fashion
At Unlisted Arena, we charge Zero Brokerage/Charges. The rates quoted by us are- net rates, i.e., you do not need to pay any brokerage or charges
One can buy Hero Fincorp Unlisted Shares in any demat account – no matter with which broker you have a demat account. There is no need for separate/special demat account for buying Unlisted Shares
Unlisted Arena sources Hero Fincorp Unlisted Shares from existing investors looking to liquidate their investment
Yes, you are eligible to get dividend, bonus and/or any other corporate actions declared by the company. You need to hold the Unlisted Shares in your demat account on the record date declared by the company to be eligible for such corporate actions
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