Hero Fincorp Limited Unlisted Shares
Hero FinCorp Limited (HFCL) was incorporated in 1991 as Hero Honda FinLease Limited, due to change in the ownership of its parent, Hero MotoCorp Limited (Formerly known as Hero Honda Motors Limited), the company changed its name to Hero FinCorp Limited.
HFCL is engaged in the business of financing, leasing, bill discounting and other financial services. HFCL has a wholly owned subsidiary – Hero Housing Finance Limited which is engaged in the business of providing housing loan.
HFCLs retail business is present at 862 dealership and services are available at more than 2400 touch points spread across more than 1000 cities, towns and villages. HFCL’s loan against Property, SME and Emerging Corporate Business is operating out of 42 locations on the non-retail segment and processes more than 550 applications every month.
(i) The Group Hero Motorcorp Limited (HMCL) collectively holds 77.74% stake in HFCL.
(ii) HFCL’s revenue and net profit have grown by 122.61% and 105.62% over the past three years.
(iii) HFCL’s capital adequacy ratio is well above the RBI norm of 15% and stands at 21.29%.
(iv) ICRA Limited has assigned ratings for the various facilities availed by the company as ICRA AA+.
(v) HFCL derives financial, operational, managerial support from Group HMCL (Group HMCL includes Group investment companies and individual promoters).
(vi) HFCL has a strong presence of institutional investors like Credit Suisse (Singapore) Limited which holds 2.74% in the company and ChrysCapital which holds 11.64% stake in the company.
Hero Fincorp Limited Unlisted Shares Details:
|Total Available Shares:||4000|
|Face Value:||₹ 10 Per Equity Share|
|Lot Size:||50 Shares|
|Current Unlisted Share Price:||₹ 900 Per Equity Share|
Promoters And Management:
|Mr. Bharat Shah||Chairman|
|Mr. Dhiraj Relli||Managing Director|
|Mr. Ashish Rath||Executive Director|
|Mr. S.S. Thakur||Independent Director|
|Mrs. Amla Samanta||Independent Director|
|Mr. Abhay Aima||Non-Independent Director|
|Mr. Aseem Dhru||Non-Independent Director|
|Mr. Jagdish Capoor||Non-Independent Director|
Financials of Hero Fincorp Limited Unlisted Shares:
|Revenue Growth %||158.64||72.77||36.11|
|Profit/Loss Before Tax (PBT)||124.76||200.62||247.94|
|Profit/Loss After Tax (PAT)||81.50||130.41||162.45|
|PAT Growth %||145.85||60.01||24.57|
|Earnings per share (EPS)||12.11||15.38||17.42|
|Basic (In Rs.)||12.11||15.22||17.37|
|Diluted (In Rs.)||12.11||15.22||17.37|
|Particulars (Rs in Crores)||2018|
|Book Value Per Share||233.75|
|Face Value (In Rs.)||10|
|Promoter Share Holdings||77.74|