| Name | Hero Fincorp Limited Unlisted Shares |
|---|---|
| Sector | NBFC |
| Security Type | Pre-IPO/Unlisted Equity Shares |
| Face Value | ₹ 10 |
| ISIN Code | INE957N01016 |
| Available in Depository | CDSL & NSDL |
| Hero Fincorp Unlisted Share Price | ₹ 1980 Per Equity Share |
| Lot Size | 50 Shares |
| Minimum Investment | ₹ 1,00,000-1,05,000 |
| All Time High | ₹ 2030 |
| All Time Low | ₹ 700 |
| Highlights | - NBFC Arm of Hero Motocorp - Provides Retail, Digital & Corporate loans at over 3100 touch points |
| PAN | AAACH0157J |
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 4,100 touch points spread over more than 2000 locations.
Products:
Retail Loans:
Digital Loans:
Corporate Loans:
Besides the above, Hero Fincorp also provides
Hero Fincorp Business Performance Highlights FY 2022-23:
Image Source: Hero Fincorp Annual Report FY 2022-23
Source: Hero Fincorp Annual Report FY 2022-23
Swot Analysis: Hero Fincorp
Strengths
• Strong Brand Name (Hero Fincorp)
• PAN India presence of network by Hero Fincorp
• A well-defined and scalable organizational structure based on product, territory, and process knowledge at Hero Fincorp
• Experienced and stable senior management team at Hero Fincorp
• Cost of borrowing at Hero Fincorp being one of the lowest in the industry
• More than 7.5 Million happy customers of Hero Fincorp
• Consistent financial track record with rapid growth in AUMs at Hero Fincorp
• Strong relationships with public, private, as well as foreign banks, institutions, and investors, forged by Hero Fincorp
• Strong brand pedigree and a successful track record at Hero Fincorp
Weaknesses
• Business and growth at Hero Fincorp directly linked with the GDP growth of the country
• Retail portfolios at Hero Fincorp also likely to come under stress
Opportunities
• Large untapped market, both rural and urban and also geographically, presents a significant opportunity for Hero Fincorp
• Huge opportunity to finance as more and more customers are likely to go for Technology upgradation, and Hero Fincorp is well-positioned to provide such financing
• Onboarding customers on technology platforms and effectively used for extending credit on their working capital needs, enhancing Hero Fincorp’s digital footprint on recovery.
• NBFCs like Hero Fincorp have an opportunity to provide financing solutions to MSMEs, which have traditionally struggled to access credit from banks.
Threats
• Inadequate availability of bank finance and an upsurge in borrowing cost pose potential threats to Hero Fincorp
• Competition from captive finance companies, small banks, etc., is a challenge Hero Fincorp needs to address
• External risks associated with liquidity stress, political uncertainties, fiscal slippage concerns, etc., may affect Hero Fincorp.
• Regulatory and compliance-related changes in the sector affecting NBFCs like Hero Fincorp need to be monitored closely.
Excerpts from: Hero Fincorp Annual Report FY 2022-23
Future Strategy
Hero Fincorp’s Board of Directors has laid out a comprehensive roadmap for achieving Hero Fincorp’s corporate objectives in the medium-term and long-term, spanning the next 1-2 years. These strategies will be instrumental in driving Hero Fincorp’s continued success:
Digital Initiatives: Hero Fincorp is committed to prioritizing digital innovation. Hero Fincorp will focus on pioneering digital initiatives to better serve Hero Fincorp’s valued customers. Moreover, Hero Fincorp will actively engage in educating Hero Fincorp’s customers about the convenience of digital EMI payments.
Data Analytics Integration: As part of Hero Fincorp’s strategy, Hero Fincorp will harness the power of data analytics. This will be a cornerstone of Hero Fincorp’s approach in streamlining the loan disbursement and recovery processes, ensuring efficiency and precision in Hero Fincorp’s operations.
Enhanced Loan Portfolio Quality: Hero Fincorp recognizes the importance of a strong loan portfolio. Hero Fincorp is dedicated to further improving the quality of Hero Fincorp’s loan portfolio, emphasizing prudent lending practices and risk management.
Customer Loyalty and Satisfaction: Hero Fincorp places immense value on building enduring relationships with Hero Fincorp’s customers. Hero Fincorp will continue to prioritize strategies that lead to winning customer relationships and an exceptionally high level of customer satisfaction.
Work from Home: As part of Hero Fincorp’s innovative working culture, Hero Fincorp will actively promote the concept of remote work, further enhancing the work-from-home model. This will be supported by employee up-skilling and re-skilling efforts, ensuring a motivated and proficient workforce.
Click the link below to get details about Hero FinCorp IPO Plans:
Hero FinCorp IPO 2024: Financial Details, Investment Banks, and Unlisted Share Performance
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Income | |||
| Revenue from operations | |||
| Interest income | 5,719.60 | 4,241.87 | 3,877.79 |
| Dividend income | 0.74 | 0.74 | 0.74 |
| Profit on sale of investments (net) | 85.63 | 43.44 | 23.94 |
| Rental income | 0.11 | 1.73 | 5.84 |
| Gain on derecognition of financial instruments under amortised cost category | 23.13 | 15.84 | - |
| Net gain on fair value changes | - | 21.05 | 22.66 |
| Insurance commission | 21.22 | 15.36 | 13.17 |
| Others charges | 551.17 | 398.63 | 333.94 |
| Total revenue from operations | 6,401.60 | 4,738.66 | 4,278.08 |
| Other income | 45.95 | 59.00 | 55.44 |
| Total income | 6,447.55 | 4,797.66 | 4,333.52 |
| Expenses | |||
| Finance costs | 2,173.95 | 1,678.53 | 1,710.31 |
| Net loss on fair value changes | 299.71 | - | - |
| Impairment on financial instruments | 1,212.23 | 1,840.81 | 1,417.74 |
| Employee benefits expenses | 542.15 | 356.45 | 285.61 |
| Depreciation and amortization | 37.93 | 33.19 | 35.21 |
| Other expenses | 1,446.36 | 1,142.71 | 813.58 |
| Total expenses | 5,712.33 | 5,051.69 | 4,262.45 |
| Profit/ (loss) before tax | 735.22 | 254.03) | 71.07 |
| Total tax expense | 255.27 | (62.13) | 19.45 |
| Profit after tax | 479.95 | (191.90) | 51.62 |
| EPS (In INR) | 37.70 | (15.07) | 4.23 |
*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 2022-23)
Market Cap Scenarios:
At 1000 Rs/Share, Hero Fincorp Unlisted Shares values the company at approx. Rs. 12,730 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 1100 Rs/Share, Hero Fincorp Unlisted Shares values the company at approx. Rs. 14,000 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 1200 Rs/Share, Hero Fincorp Unlisted Shares values the company at approx. Rs. 15,276 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 2022-23
| 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 |
| Tata Capital | Unlisted |
Hero Fincorp Dividend:
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
You can easily check latest developments, news related to Hero Fincorp Unlisted Shares on our website without any sign up or login. Click here to know about latest news and happenings
Unlisted Arena is a prominent name which facilitates Unlisted Shares & Pre IPO Shares safely and securely. All the transactions are done through bank accounts where no third parties are involved. Unlisted Arena always quotes transparent rates and is also known for its fastest delivery of Unlisted Shares and Pre IPO Shares. Unlisted Arena gets featured regularly in India’s top most financial publications. You can check media coverage of Unlisted Arena here
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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