WCP Holding III, a Wolfensohn Capital Partners fund, has offloaded more the half of its stake in Repco Home Finance. The fund has sold 34,64,000 equity shares for Rs 325 each, which aggregates to an amount of Rs 112.59 crore.
The fund had 61,92,100 shares, which is 9.96 per cent of the total shares, in the home finance company by the end of December, 2013.
Meanwhile, Jupiter PAF Investments has bought 12,00,000 shares in the company for a price of Rs 325 each. While, ICICI Prudential Tax plan has bought 3,99,036 shares and ICICI Prudential Mutual Fund bought 8,84,250 shares in Repco Home Finance through bulk deal at Rs 325 per share.
Repco Home Finance is a professionally managed housing finance company headquartered in Chennai, Tamil Nadu. The company is operating through 80 branches and 13 satellite centres in Tamil Nadu, Andhra Pradesh, Kerala, Karnataka, Maharashtra, Gujarat, Odisha, West Bengal and Puducherry.
| Company Name | CMP |
|---|---|
| LIC Housing Finance | 536.95 |
| Housing & Urban Dev. | 199.70 |
| Bajaj Housing Financ | 89.58 |
| Piramal Finance | 1639.80 |
| PNB Housing Finance | 905.80 |
| View more.. | |
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