Unlisted Shares / Hero Fincorp Limited
Hero Fincorp Limited

Hero Fincorp Limited Unlisted Share Price

As of , the indicative unlisted share price of Hero Fincorp Limited is ₹975 per share. This is an over-the-counter reference price, not a stock-exchange quote.

As of , Hero Fincorp Limited is not listed on any Indian stock exchange (NSE or BSE) — its shares trade in the unlisted, over-the-counter (pre-IPO) market.

  • Sector: Financials
  • Status: Unlisted
  • Indicative price: ₹975 per share (as of 16 July 2026)
  • Minimum lot: 15 shares
  • Minimum investment:14,625
Industry: FinancialsUnlisted
Daily price
₹975
₹0 (+0.00%)· 1W
As of 16 Jul 2026
8 Jul16 Jul
Indicative. Past performance is not indicative of future results.
At a glance
Price / unit₹975
Market cap₹12,639 Cr
Min. investment₹14,625
Lot size15
P/E ratio120.5
P/B ratio2.14
Key metrics
Price / unit
₹975
Market cap
₹12,639 Cr
Min. investment
₹14,625
Lot size
15
P/E ratio
120.5
P/B ratio
2.14
ROE
1.91%
Book value
₹456.66
Face value
₹10
EPS
8.63
Debt / equity
7.87
Dividend yield
0.11%
Company information
ISIN
INE957N01016
PAN
AAACH0157J
Outstanding shares
12.96 crore (129,630,000 shares)
₹ in lakhFY21FY22FY23FY24FY25
Revenue4,33,3504,79,7706,44,7608,35,9709,90,333
Profit after tax5,160-19,19048,00063,71010,995
EPS (₹)4-1538509
Revenue (₹ in lakh)
FY21
4,33,350
FY22
4,79,770
FY23
6,44,760
FY24
8,35,970
FY25
9,90,333
₹ in lakhFY25FY26
Share capital12,74112,963
Reserves & surplus5,62,5745,77,012
Investments2,55,6143,17,360
Fixed assets17,21915,532
Trade receivables2,7404,217
Trade payables53,21557,223
₹ in lakhFY25FY26
Operating (CFO)-3,91,3668,546
Investing (CFI)-59,315-49,313
Financing (CFF)6,37,263-1,14,090
Net cash generated1,86,582-1,54,857
Net margin1.1%-2.4%
Operating margin42.2%

What is Hero Fincorp Limited?

Hero Fincorp Limited is an unlisted Financials company whose shares trade in India's over-the-counter (pre-IPO) market and settle in demat form (NSDL/CDSL).

Hero Fincorp Limited is an Indian non-banking financial company (NBFC) incorporated in 1991 and operating as the financial services arm of the Hero Group, with Hero MotoCorp among its anchor shareholders. The company provides a range of lending products, including two-wheeler and consumer loans, personal loans, used-car finance, loans against property, and business and MSME credit, distributed across thousands of dealer touchpoints nationwide. Its subsidiary, Hero Housing Finance Limited, focuses on digital home-loan lending. Hero Fincorp reported assets under management of around Rs 51,800 crore as of March 2024. The company filed a draft red herring prospectus with SEBI in 2024 for a proposed public issue, after which its shares have featured in the unlisted and pre-IPO market. As an unlisted security, its shares are not traded on any stock exchange and carry higher risk and lower liquidity than listed shares. This page is informational only and not investment advice.

Hero Fincorp Limited
Price per unit₹975
Minimum units15
Units
15
Indicative amount14,625
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Reviewed by Kanishk Dev Bangia · NISM-202300182946. Indicative pricing, subject to availability, documentation and final settlement. Information only — not investment advice.

Key events & news

HF
9M FY26 results: net loss of ~Rs 284 crore as advances dip to ~Rs 44,753 crore (reported Feb 2026)
For the nine months ended December 31, 2025, Hero FinCorp reported a loss after tax of about Rs 284.23 crore versus a profit of Rs 33.61 crore a year earlier, with revenue from operations roughly flat at Rs 6,629 crore and advances declining to about Rs 44,753 crore. Gross NPA stood at 5.28% and net NPA at 2.31%.
HF
Addendum to IPO DRHP filed updating financials; IPO size revised to ~Rs 3,408 crore (Nov 2025)
Hero FinCorp filed an addendum dated November 17, 2025 to its Draft Red Herring Prospectus to incorporate restated financials for FY2025 and the half-years ended September 2025 and 2024, adopted by its board on November 14, 2025. After a Rs 260 crore pre-IPO placement, the fresh issue was revised to about Rs 1,840 crore, taking the total IPO size to roughly Rs 3,408 crore.
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HF
CARE Ratings reaffirms Hero FinCorp ratings with Stable outlook (Nov 2025)
CARE Ratings reaffirmed the ratings on Hero FinCorp's bank facilities and instruments with a Stable outlook, citing operational and strategic linkages with the Hero BML (Munjal) Group and expected equity support, while noting constraints from weak profitability, moderate asset quality and slower recent growth.
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HF
SEBI grants approval for Hero FinCorp's IPO (May 2025)
SEBI issued its observation letter clearing Hero FinCorp's proposed IPO on May 22, 2025, following the company's DRHP originally filed on July 31, 2024. The offer was structured as a fresh issue plus an offer-for-sale by promoter group shareholders including Hero MotoCorp.
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HF
Hero MotoCorp board approves up to Rs 700 crore CCPS investment in Hero FinCorp (2025)
Hero MotoCorp's board approved an investment of up to Rs 700 crore in one or more tranches in compulsorily convertible preference shares (CCPS) to be issued by Hero FinCorp as part of the NBFC's private-placement capital raising. As of December 31, 2025 the Hero BML Group held about 78.1% of Hero FinCorp, with Hero MotoCorp the single largest shareholder at around 40.4%.
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Frequently asked questions

No. As of 16 July 2026, Hero Fincorp Limited is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.

The minimum lot is 15 share(s); at the indicative price of about ₹975, that is approximately ₹14,625. Indicative reference, not a quote.

As of 16 July 2026, the indicative unlisted share price of Hero Fincorp Limited is ₹975 per share. This is an over-the-counter reference price, not a stock-exchange quote.

The ISIN of Hero Fincorp Limited is INE957N01016. An ISIN is the unique 12-character code that identifies a company's shares in the depository system; this one is verified against NSDL (the National Numbering Agency). You need it to hold or transfer these unlisted shares in your NSDL or CDSL demat account.

Hero Fincorp Limited is a non-banking financial company (NBFC) and the financial services arm of the Hero Group. It offers lending products such as two-wheeler loans, personal loans, used-car finance, loans against property, and business and MSME credit. Its subsidiary, Hero Housing Finance Limited, provides home loans. This information is provided for general understanding only and is not investment advice.

No. As of the latest available information, Hero Fincorp Limited is not listed on any Indian stock exchange, and its shares are classified as unlisted. The company filed a draft red herring prospectus (DRHP) with SEBI in 2024 for a proposed initial public offering. Until a listing is completed, the shares remain unlisted. This is factual information only and not a forecast or recommendation.

Unlisted shares are transacted through a documented, SEBI-compliant off-market process rather than on a stock exchange. This typically involves verification of buyer and seller details and transfer into a demat account. For information on the process and documentation, you can contact the Unlisted Axis team. This is general information and not an offer, solicitation, or investment advice.

Unlisted and pre-IPO shares carry higher risk and lower liquidity than listed shares, as they are not traded on a public exchange and may be difficult to sell quickly or at a desired value. Pricing can be opaque, and a future listing is never guaranteed. Anyone considering such shares should conduct their own due diligence and consult a SEBI-registered adviser. This page is informational only and does not constitute investment advice.

They can. If the company declares a dividend, unlisted shareholders are eligible like any other shareholder. Many unlisted firms reinvest profits, so dividends are not guaranteed.

After listing, unlisted shares convert into regular listed shares in your demat account and can be traded on the exchange, usually once any applicable SEBI lock-in period ends.

Unlisted shares are less liquid than listed shares. You can sell when a buyer is available through an off-market transfer; there is no continuous exchange market, so exits can take longer.

Unlisted shares carry higher risk and lower liquidity than listed shares, with fewer disclosures and no live market price. This is general information, not investment advice — assess suitability before investing.

An unlisted share price is an indicative, over-the-counter reference set by demand and supply in private deals between buyers and sellers. There is no live exchange quote, so prices can vary across dealers and over time.

Yes. Unlisted shares are delivered in dematerialised form, so you need an active demat account (NSDL or CDSL). No special account type is required — a regular demat account works.

Unlisted shares are sold through an off-market transfer to a buyer via a registered intermediary, settling from your demat account with a contract note. Liquidity depends on buyer availability, so exits can take longer than listed shares.

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Hero Fincorp Limited vs similar unlisted Financials shares

Indicative over-the-counter prices, as of 16 July 2026. Information only — not a recommendation or ranking.

CompanyIndicative priceP/ELotMin. investment
Hero Fincorp Limited This page₹975120.5015₹14,625
Parag Parikh Financial Advisory Services Limited₹18,75040.511₹18,750
HDFC Securities Limited₹8,45014.235₹42,250
National Stock Exchange (NSE)₹2,08538.555₹10,425
Hero Fincorp Limited vs Parag Parikh Financial Advisory Services LimitedHero Fincorp Limited vs HDFC Securities LimitedHero Fincorp Limited vs National Stock Exchange (NSE)Hero Fincorp Limited vs SBI Mutual Fund
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