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Hero FinCorp readies ₹3,668 crore IPO to boost lending capital
Hero FinCorp plans a ₹3,668 crore IPO to expand retail and MSME lending operations.
Hero FinCorp has proposed a ₹3,668 crore IPO comprising ₹2,100 crore fresh equity and ₹1,568 crore OFS. The NBFC plans to strengthen Tier-I capital and expand retail and MSME lending amid sustained credit growth. The issue offers investors exposure to consumer finance backed by the Hero Group brand.