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BharatPe hires Rothschild to sell stake in Unity SFB
Mint Hyderabad
|January 03, 2025
BharatPe turned Ebitda positive in 2024, recording consolidated revenue from ops of ₹1,426 crore in FY24
Bank rules require small finance banks to get listed after five years of operations. The second person cited above said that Unity SFB is likely to be valued at more than $800-900 million. "Most small finance banks are trading at 1-1.5 times their books and, hence, that's a safe ballpark to begin with," the second person said. Meanwhile, a banker who spoke on condition of anonymity told Mint that the NBFC is finding it difficult to find buyers for the stake sale.
Emailed queries to Rothschild & Co, BharatPe and Unity SFB remained unanswered.
Denne historien er fra January 03, 2025-utgaven av Mint Hyderabad.
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