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IndoStar Capital rises nearly 13% on sale of housing finance arm for ₹1,750 crore
IndoStar Capital Share Price | EQT, a global private equity firm, plans to infuse an additional ₹500 crore into IndoStar Home Finance after the completion of the transaction.
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Fri, Sep 20, 2024
Business Standard
Indostar Capital soars after board OKs sale of housing finance arm to EQT for Rs 1,750 crore
Indostar Capital Finance jumped 6.27% to Rs 320.25 after the company announced that its board has approved the sale of IndoStar Home Finance to WITKOPEEND B.V. for Rs 1,750 crore on a fully diluted basis.
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Fri, Sep 20, 2024
Business Standard
EQT to acquire 100% stake in Indostar Home Finance for Rs 1,750 crore
The fund will also invest an additional Rs 500 crore to fuel the company's geographic expansion and digital transformation
Business Line
IndoStar soars 6.51% on sale of Home Finance arm to EQT
The deal, valued at ₹1,750 crore on a fully diluted basis, was approved by IndoStar’s board on Sept 19
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Fri, Sep 20, 2024
Business Line
Affordability and scrappage policy fuel growth in used truck market: IndoStar Capital CEO
Unlocking growth potential in the used commercial vehicle segment through scrappage policy, driving demand and affordability for buyers
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Mon, Sep 9, 2024
Business Standard
IndoStar Capital invites counterbids to sell Rs 357 cr of stressed loans
The Mumbai-based shadow lender intends to complete the sale of the stressed assets by August 27
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Sun, Aug 25, 2024