Categories
Corporate

Aditya Birla housing finance raises ₹2,750 cr from Advent International

Aditya Birla Housing Finance Ltd (ABHFL), the housing finance arm of Aditya Birla Capital Ltd, is set to receive a significant ₹2,750 crore investment from global private equity firm Advent International. The deal will give Advent a 14.3% stake in ABHFL, while Aditya Birla Capital will continue to hold the majority ownership.

The investment comes through a primary share issuance, which will provide ABHFL with fresh capital to strengthen its balance sheet and accelerate its growth plans. The transaction values the company at around ₹19,250 crore on a post-money basis, reflecting strong investor confidence in the firm’s business model and future prospects.

Once completed, the deal will help ABHFL expand its lending operations, reach more homebuyers, and deepen its presence across India. The funds are expected to support the company’s long-term strategy of offering affordable housing loans and enhancing its customer base, particularly in tier-2 and tier-3 cities where demand for housing finance is growing rapidly.

The investment is subject to regulatory and shareholder approvals, which are expected to be obtained in the coming months. Following the announcement, Aditya Birla Capital shares rose by 8%, signaling positive market sentiment towards the deal. Analysts noted that the transaction not only strengthens ABHFL’s growth trajectory but also reflects the attractiveness of India’s housing finance sector to global investors.

Advent International, through its investment platform Indriya Limited, has a strong track record of backing companies in India and globally, focusing on growth-stage opportunities. This partnership is likely to bring strategic guidance and expertise to ABHFL, in addition to the capital infusion.

Also Read: Vinay Tonse named Yes Bank MD & CEO