Hero FinCorp files addendum to IPO prospectus

Hero MotoCorp Ltd. announced on November 18, 2025, that its associate company, Hero FinCorp Limited, has filed an addendum to its Draft Red Herring Prospectus (DRHP). This filing was made with regulatory bodies including the Securities and Exchange Board of India (SEBI), BSE Limited, and National Stock Exchange of India Limited. The addendum, dated November 17, 2025, updates the DRHP initially filed on July 31, 2024.

The addendum includes restated consolidated financial statements for Fiscal 2025 and the six-month periods ending September 30, 2025, and September 30, 2024. Hero FinCorp's board of directors adopted these updates on November 14, 2025.

Hero FinCorp's proposed initial public offering (IPO) consists of a fresh issue of equity shares worth ₹21,000.00 million and an offer for sale of equity shares totaling ₹15,681.34 million by existing eligible shareholders. The IPO remains subject to regulatory approvals, market conditions, and other considerations.