IndoStar Capital Finance reports 28% PAT growth, announces major divestitures and NCD issuance

IndoStar Capital Finance reports 28% PAT growth, announces major divestitures and NCD issuance

IndoStar Capital Finance Limited, a leading non-banking financial company (NBFC), revealed its financial results for Q2 FY 25 on October 18, 2024. The company has reported consolidated assets under management (AUM) at ₹10,112 crore, reflecting a 6% quarter-on-quarter increase from ₹9,565 crore in Q1 FY25. Moreover, consolidated PAT soared by 28%, reaching ₹32 crore for […]

EQT’s Rs 1,750cr buyout of IndoStar Home Finance shakes up India’s housing market

EQT’s Rs 1,750cr buyout of IndoStar Home Finance shakes up India’s housing market

Global private equity firm EQT has made headlines with its acquisition of IndoStar Home Finance Private Limited for INR 1,750 crore (£174 million). This transaction not only highlights EQT’s increasing focus on India’s fast-growing housing finance sector but also signals the potential for a transformative shift in how affordable housing is funded in the country. […]