Hero FinCorp is targeting to double its customer base over the next 3–4 years, signalling an aggressive growth strategy despite uncertainty around its IPO timeline.
The company currently operates with an Assets Under Management (AUM) of ~₹56,000 crore, and remains focused on expanding this portfolio through both secured and diversified lending segments.
While the NBFC has received IPO approval, management is adopting a “wait-and-watch” approach due to global volatility (West Asia geopolitical tensions), with a 45–50 day approval window still open.
The planned IPO is expected to raise around ₹3,500 crore, including ₹1,700–1,800 crore of fresh capital, though execution will depend on market conditions.
Management highlighted that funding is not a constraint, and the company is prioritising business expansion, customer acquisition, and portfolio growth, rather than rushing into listing amid uncertain markets.
