Hero FinCorp IPO
Hero FinCorp as the name suggests is the finance services wing of the two-wheeler giant Hero MotoCorp that is the parent company of Hero FinCorp and which has a stake of almost 40.3% in the same. Hero FinCorp is one the of India's fastest growing NBFCs, which disburses more than 1.2 loans every minute, that means that almost one two-wheeler being financed in every minute and is currently engaged in consumer finance businesses and commercial lending. The NBFC has set a target of Rs 35,000 crore loan book size by 2020. The head of Hero FinCorp is Mr. Abhimanyu Munjal, who is the youngest son of late Mr. Raman Munjal, and the elder brother of Pawan Munjal, chairman, managing director and CEO of Hero MotoCorp. Hero FinCorp has a leading name in the industry with close to 2000 retail financing touch-points across Hero MotoCorp's network; they have also partnered numerous satisfied corporate clients.
Hero FinCorp which requires the raised capital to be used for the extension of business and also for the diversification to other areas. In the last funding did by the group the value was around 4000 crore which they are aiming to be at 1$ billion. The companies are mainly highlighting to focus on three non-organic areas like insurance, wealth management and brokerage.
There are following reasons why investment should be done in Hero FinCorp Pre-IPOs:
They have a strong relationship with high growth companies. Hero FinCorp has forged extremely strong relationships with over 2000 high growth companies. This helps in lifting the value and goodwill of the company.
They have a competitive pricing policy which again attracts the investors for investment in the company. Being an integral part of such an important decision definitely helps in attracting them.
Beneficial geographical presence:
The Hero FinCorp Pre-IPO has surely a great support because of the geographical presence as it helps in the betterment and growth of the organization.
The strong performance figures help in luring for great opportunities. The big investors are attracted with the actions rather than statements. The performance of Hero FinCorp Shares helps in telling the right insights to the investors.
The strong reviews by the customers for the brand helps in gaining insights and extremely satisfied customers with the services of the company helps in gaining more goodwill of the investors and thus attract more investment too.
Thus, investing in Hero FinCorp Shares is a great decision as they have been greatly popular and known for their performance and customer satisfaction and have done incredible responsibilities and services too. To invest in Hero FinCorp Pre-IPOs is a great decision!