Poonawalla Fincorp Ltd on Wednesday said it has sold its subsidiary, Poonawalla Housing Finance Ltd, to Perseus SG Pte. Ltd, which is affiliated with TPG Global, for ₹ 3,900 crore.

As of July-September, 2022-23, the assets under management of Poonawalla Housing Finance stood at Rs 5,612 crore. Click Here For Latest Updates On Stock Market | Zee Business Live Get Latest Business ...

Poonawalla Housing’s net worth and assets under management stood at ₹1,114 crore and ₹5,282 crore, respectively, as on June 30, 2022.

Sources suggest that the ask price for Poonawalla Housing Finance by the parent company is 3-times the net worth of the arm which was reported as Rs 1,100 crore in Sep-end 2022 ...

Adar Poonawalla-owned NBFC Poonawalla Fincorp on Wednesday announced the sale of its housing subsidiary, Poonawalla Housing Finance to TPG for Rs 3,900 crore. The deal has been struck at around 3 ...

Poonawalla Housing Finance, being an RBI-registered housing finance company, is Poonawalla Fincorp's 100% subsidiary. The housing subsidiary had assets under management (AUM) of Rs 5,612 crore as ...

Poonawalla Fincorp said on Wednesday it would sell its housing finance unit to an affiliate of U.S. private equity firm TPG Global for 39 billion rupees ($473 million), as the Indian non-bank ...

Poonawalla Fincorp Ltd on Wednesday announced the sale of its housing subsidiary Poonawalla Housing Finance Ltd to Perseus SG Pte Ltd, an entity affiliated with TPG Global for ₹ 3,900 crore.

India Business News: Mumbai: Private equity firm TPG has rechristened Poonawalla Housing Finance as Grihum after completing the process of acquiring 99% equity in the comp.

Grihum Housing Finance, formerly Poonawalla Housing Finance, has been rebranded following a change in ownership. TPG now holds 99.02% stake in the company. It has recorded 4X growth in AUM over ...

Business News: Mumbai, Dec 14 (PTI) Poonawalla Fincorp, the non-banking arm of the vaccine major Cyrus Poonawalla Group, on Wednesday announced sale of its housing s ...

The board of Poonawalla Fincorp Ltd. has approved the sale of its housing subsidiary Poonawalla Housing Finance Ltd. to TPG (Perseus SG Pte. Ltd.), an entity affiliated to TPG Global, LLC, at a ...