Indiabulls Housing Finance has acquired the entire 42.50% holding of Amaprop in its subsidiary, Indiabulls Finance Company for a total sale consideration of Rs 260 crore. With the purchase of Amaprop’s equity stake, Indiabulls Finance Company is now 100% owned by Indiabulls Housing Finance.
Amaprop, a US private equity firm had invested in the equity capital of the Indiabulls’ subsidiary under a share purchase agreement.
Indiabulls Finance Company is a Non-Deposit taking NBFC, registered with and regulated by RBI.
| Company Name | CMP |
|---|---|
| LIC Housing Finance | 540.05 |
| Housing & Urban Dev. | 197.00 |
| Bajaj Housing Financ | 91.83 |
| Piramal Finance | 1673.65 |
| PNB Housing Finance | 924.40 |
| View more.. | |
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