Aditya Birla Capital Sells 14.29% Stake in Housing Finance Arm to Advent-Backed Indriya

Aditya Birla Capital has raised 2,750 crore through the sale of a 14.29 per cent stake in its housing finance arm, Aditya Birla Housing Finance Ltd, to Indriya Ltd, an entity backed by global private equity firm Advent International.
Aditya Birla Capital Sells 14.29% Stake in Housing Finance Arm to Advent-Backed Indriya

Mumbai, April 21: Following the transaction, ABHFL has ceased to be a wholly owned subsidiary of Aditya Birla Capital.

Key Transaction Details

  • Investment amount: 2,750 crore

  • Stake sold: 14.29%

  • Buyer: Indriya Ltd (Advent International-backed)

  • Shares issued: 12.32 crore equity shares

  • Price per share: 223.12

  • Aditya Birla Capital stake post-transaction: 85.505%

ABHFL Financials (FY 2024-25)

  • Revenue: 2,655.18 crore

  • Net worth: 3,783.06 crore

Market Reaction

Shares of Aditya Birla Capital were trading at 339.05 on the BSE , marking a marginal increase of 0.25% compared to the previous close.

Strategic Context

The development indicates a broader trend of private equity firms increasing exposure to India's housing finance sector, driven by rising home ownership demand, urban expansion, and policy support in affordable housing. The transaction aligns with Aditya Birla Capital's strategy of unlocking value in its subsidiaries while maintaining majority control.