EQT to acquire Indostar Home Finance, an Indian affordable …
WEB21 hours ago · Indostar Home Finance is a fast-growing affordable housing finance company with INR 24 billion (USD 286 million) in assets under management, that has supported over 39,000 low income homeowners ...
India's IndoStar Capital jumps on $209 mln deal to sell home …
WEB16 hours ago · BENGALURU, Sept 20 (Reuters) - Shares of IndoStar Capital Finance (INAC.NS) climbed to an over three-year high on Friday, a day after the Indian non-bank lender announced a $209 million deal to ...
EQT to acquire 100% stake in Indostar Home Finance for Rs 1,750 …
WEB11 hours ago · Home / Companies / News / EQT to acquire 100% stake in Indostar Home Finance for Rs 1,750 crore. ... Founded in 2017, Indostar Home Finance focuses on providing affordable mortgages to retail customers in India’s Tier-II to Tier-IV cities. The company has grown its assets under management to Rs 2,400 crore and supported over 39,000 low-income ...
IndoStar Capital jumps on $209 mn deal to sell home finance unit …
WEB11 hours ago · Shares of IndoStar Capital Finance climbed to an over three-year high on Friday, a day after the Indian non-bank lender announced a $209 million deal to sell its home finance unit to private equity firm EQT. The deal will allow IndoStar to focus on its core businesses of vehicle finance and small business loans, the company said in an exchange filing late on Thursday.
IndoStar to sell home finance arm to EQT for Rs 1,750 crore
WEB12 hours ago · IndoStar Capital Finance Ltd has decided to sell its Home Finance company IndoStar Home Finance Ltd (IHFPL) to Witkopeend BV, an affiliate of global private equity investor BPEA EQT Mid-Market Growth Partnership, for Rs 1,750 crore on a fully diluted basis, the company said. The transaction is not complete yet with pending customary conditions like receipt of RBI approval and consents from ...
IndoStar Capital Finance stock zooms 13% to 52-week high on …
WEB12 hours ago · At 9.37 am, IndoStar Capital Finance shares, which are part of ace investor Madhusudan Kela's portfolio, were quoting Rs 315.6 on the NSE, higher by 4.6 percent, after recording a fresh 52-week in ...
IndoStar Capital rises nearly 13% on sale of housing finance
WEB8 hours ago · Shares of IndoStar Capital Finance Ltd surged nearly 13% on Friday after the company announced the sale of its subsidiary, IndoStar Home Finance to Witkopeend B.V., an affiliate of BPEA EQT Mid-Market Growth Partnership (EQT) for ₹1,750 crore. NSE. The deal is subject to customary conditions including approval from the Reserve Bank of India ...
EQT to acquire Indostar Home Finance, an Indian affordable …
WEB1 day ago · Indostar Home Finance is a fast-growing affordable housing finance company with INR 24 billion (USD 286 million) in assets under management, that has supported over 39,000 low income homeowners and small businesses India’s INR 30 trillion housing finance market presents a multi-decade growth story driven by strong government support, rising affordability and urbanization EQT will invest INR ...
India's IndoStar Capital jumps on $209 million deal to sell home ...
WEB11 hours ago · Advertisement. Shares of IndoStar Capital Finance climbed to an over three-year high on Friday, a day after the Indian non-bank lender announced a $209 million deal to sell its home finance unit ...
EQT acquires IndoStar Home Finance for Rs 1,750 crore
WEB14 hours ago · The deal will help IndoStar Capital to focus on its core strengths of vehicle financing and small business loans. Moneycontrol News September 20, 2024 / 07:24 IST