Hero FinCorp in talks with I-banks for INR 4,000-crore IPO
The proposed IPO could value the non-bank finance lender at USD 1.8 billion or nearly INR 14,932 crore, as per the sources. Hero FinCorp had a book value of INR 5,288 crore at the end of 2022-23. The valuation being sought is about 2.8 times the company's book value.
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