NEW DELHI: Aditya Birla Housing Finance (ABHFL) has successfully raised approximately ₹2,750 crore by issuing equity shares to Indriya, a company associated with global private equity firm Advent International.
The firm allocated over 12.32 crore equity shares at ₹223.12 each on April 17, 2026, as noted in a regulatory filing.
As a result of this transaction, Indriya now owns a 14.29% stake in ABHFL on a fully diluted basis. This also means that ABHFL is no longer a wholly owned subsidiary of Aditya Birla Capital (ABCL), with the parent company’s stake decreasing to 85.5%.
The capital raise aligns with a previously announced investment plan and has now been finalized. ABHFL reported revenues of ₹2,655.18 crore and a net worth of ₹3,783.06 crore in FY25, contributing 6.54% and 12.45% respectively to ABCL’s consolidated revenue and net worth.
Advent International, through Indriya, is a prominent global private equity investor active in financial services, particularly in India.
The company did not specify how it plans to use the newly raised funds in the filing.
