Aditya Birla Housing Finance raises Rs 2,750 crore from Advent

Spread the love


Aditya Birla Housing Finance raises Rs 2,750 crore from Advent

MUMBAI: The boards of Aditya Birla Capital and Aditya Birla Housing Finance approved a Rs 2,750 crore primary capital infusion into the housing finance arm through Indriya, an Advent International entity, to fund growth, subject to shareholder and regulatory approvals and customary conditions. The transaction values the housing finance company at Rs 19,250 crore on a post-money basis. After completion, the parent will hold around 85.7%, while Advent will hold around 14.3%.The housing finance units assets under management rose at a 48% CAGR over the last three years to Rs 42,204 crore as of Dec 31, 2025. Asset quality remained firm, with a gross stage 3 ratio of 0.5% and a net stage 3 ratio of 0.2%. The company plans to use the capital to sustain growth momentum and expand market share.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *