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Credila files for Rs 5,000 crore IPO after rapid growth in education loan segment
NF Times
|June 29, 2025
Credila Financial Services, the education loan-only non-banking finance company initially promoted by the now extinct HDFC and was later sold to private equity players Barring Asia and Cryscaptial as part of its reverse merger with HDFC Bank for Rs 9,553 crore in June 2023, has filed for a Rs 5,000 crore primary share sale.
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Founded in 2006 by HDFC, Credila is the largest education finance company in the country with a loan book of Rs 41,469 crore as of March 2025 and had booked Rs 990 crore in net income in the financial year 2025. The Credila issue news comes on a day when the largest ever IPO from the NBFC sector is closing with a highly successful subscription for the Rs 12,500-crore issue from another HDFC Bank entity-- HDB Financial.
According to the updated papers filed with the Sebi and the Registrar of Companies, the Rs 5,000-crore issue comprises a fresh issue of Rs 3,000 crore and an offer for sale of shares aggregating up to Rs 2,000 crore.
Dit verhaal komt uit de June 29, 2025-editie van NF Times.
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