Founded in December 1991, Hero Fincorp Limited (HFCL) is an Indian Non-Banking Financial Company (NBFC). The company offers unsecured business loans, corporate loans, retail loans, loyalty loans for two-wheelers, used cars, loans against assets, inventory funding, and capital. Not only in the financial sector but also the company is well-performing in the grey market. As a potential investor, if you’re looking for long-term investment in unlisted shares, read this blog till the end to know how Hero Fincorp’s unlisted shares could be your best investment option for the long term.
Examining Unlisted Shares Of Hero Fincorp
In layman’s words, unlisted shares are known to be off-market stocks, which are not traded over the stock exchange. Unlisted shares can help you diversify your investment portfolio, and further help reduce overall investment risk. India’s leading NBFC, Hero Fincorp’s unlisted shares, are making a splash in the grey market and giving investors an opportunity to make a wise decision by investing in its pre-IPO stocks. The company has been witnessing fluctuations in its unlisted share prices due to market alteration and the company’s financial performance. In August 2022, the unlisted share price of the company was Rs. 780, which fluctuate a lot and reached somewhere from Rs. 900 to Rs. 1000 between Feb 2023 and May 2023. All these changes occurred in the price due to market trends and the company’s financial performance. However, Hero Fincorp’s unlisted share price today is Rs. 1199.
Explore The Benefits Of Investing In Hero Fincorp Unlisted Shares
Hero Fincorp is a growing company that can guarantee to make your investment profitable. Investment in Hero Fincorp’s unlisted shares comes with plenty of benefits that you can reap in the long term:
A great investment opportunity
Investing in the company’s unlisted shares might allow you to take a strategic position in the company. It simply means you can align your investment decisions based on the company’s goals and plans that will contribute to long-term success.
Possibilities of higher return
Hero Fincorp is a well-known company in the financial sector and has been performing well since its inception. Undoubtedly, investment in unlisted shares can be risky, but it can surely bring high returns on your investment compared to traditional investment options. However, it is crucial for you to determine your risk tolerance before investing.
Investment portfolio diversification
There is no doubt that unlisted shares have become a great way to diversify your investment portfolio to mitigate the risk associated with the investment. By investing in Hero Fincorp’s unlisted shares, you can reduce the overall risk of your portfolio and capture exceptional opportunities associated with it.
Positive financial performance
Hero Fincorp Limited has recorded positive financials in the past few years. In FY19-20, the company’s total income was Rs. 3855.18 Cr. In FY20-21, it reached Rs. 4333.52; in FY21-22, the amount surged to Rs. 4797. 66. It shows the company’s positive growth enticing investors to buy its unlisted shares.
Future Of Hero Fincorp Unlisted Shares: IPO Journey
Hero Fincorp is planning to launch its initial public offering (IPO) after completing its Rs. 2000 crore funding round. As per the sources, HFCL required this funding to expand its business operations. Moreover, the company is also planning to enlarge its business into personal insurance; therefore, it is looking to procure a 100% stake in Reliance General Insurance. As a prominent financial company, it has registered a surge of net interest income by 38% from Rs. 2563 crore in FY22 to Rs. 3546 crore in FY23.
Without any speck of doubt, Hero Fincorp pre-IPO shares are a great and lucrative investment opportunity for potential investors looking to get high returns. As the company is taking great steps to expand its business operations and release its IPO, its unlisted share prices will likely increase in the future. This gives investors hope to get significant capital gains. Moreover, the company also expects to pay a dividend to its shareholders, giving a steady income stream in the future.
If you’re planning to invest in Hero Fincorp’s unlisted shares but do not know how to start trading, count on Stockify. Being India’s online stock trading platform, Stockify has a team of expert brokers who guide investors through the process of buying and selling unlisted shares. Moreover, you can get relevant information on the company you want to invest in, such as EPS growth, EBITDA, Profit and Loss account, etc. In fact, you can also invest in other top pre-IPO companies in India from different industries like retail, energy, finance, technology, etc. For more information, you can speak to brokers at Stockify.
Frequently Asked Questions
- What is the current price of Hero Fincorpt’s Unlisted share?
Ans. Hero Fincorp’s unlisted shares are available at Rs. 1199. However, the prices fluctuate due to market trends and the company’s performance.
- What was the revenue growth percentage of the company in 2022 and 2023?
Ans. The company sought 10% growth in revenue in 2022 and 34% in 2023, which indicates positive financials for the company.
- How profitable buying Hero Fincorp’s unlisted shares are?
Ans. It is a well-established company with positive financial records in the past few years. Investment in Hero Fincorp’s unlisted shares will be highly positive for potential investors in the long term.
- How to buy Hero Fincorp unlisted shares?
Ans. To buy Hero Fincorp unlisted shares, connect with Stockify. We can help you buy and sell unlisted shares seamlessly.
- Why should I trust Stockify?
Ans. Stockify is one of India’s best online trading platforms for unlisted shares, where brokers help investors throughout the trading process. Just connect with the expert brokers at Stockify today.