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Hero MotoCorp NBFC arm heads to primary markets

Hero FinCorp plans a ₹3,668 crore IPO in January 2026, using fresh capital to strengthen its lending base across retail and vehicle finance segments.
Hero FinCorp is planning a ₹3,668 crore IPO in January 2026, including a ₹2,100 crore fresh issue to strengthen Tier 1 capital. The NBFC focuses on retail, SME, and vehicle financing, supported by Hero MotoCorp’s captive ecosystem. Proceeds are expected to support balance sheet growth amid competitive conditions in consumer lending.