Hero FinCorp in talks with investment banks for ₹4,000-crore IPO: Report

An ET report mentioned that the proposed IPO could value the non-bank finance lender at $1.8 billion or nearly ₹14,932 crore. Hero FinCorp had a book value of ₹5,288 crore at the end of 2022-23 and the valuation being sought is about 2.8 times the company's book value.

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Hero FinCorp in talks with investment banks for ₹4,000-crore IPO: Report