Hero FinCorp in talks with I-banks for Rs 4,000-crore IPO
The proposed IPO could value the non-bank finance lender at $1.8 billion or nearly ₹14,932 crore, as per the sources. Hero FinCorp had a book value of ₹5,288 crore at the end of 2022-23. The valuation being sought is about 2.8 times the company’s book value.
