The shares of a housing finance company were in focus after a new promoter, Aquilo House Pte. Ltd., acquired control through an open offer and multiple share purchase agreements, totaling over 2.09 crore shares.
With a market capitalization of Rs 16,451 Crores, the share price of Aavas Financiers Ltd was trading almost 2% up to hit an intraday high of Rs 2126.35 per share from its previous closing price of Rs 2091.30 per share.
Aavas Financiers Ltd announced that Singapore‑based Aquilo House Pte. Ltd. has become its new promoter after buying a 48.96 % stake (3.88 crore shares). The bulk of the holding 1.78 crore shares (22.5 %) came through an open offer completed on 22 March 2025.
In additon Aquilo House also purchased 1.23 crore shares from Lake District Holdings, 0.60 crore shares from Partners Group ESCL and 0.26 crore shares from Partners Group Private Equity, taking the former promoter group’s stake to zero. With control shifting, those outgoing promoters have been reclassified as public shareholders effective 30 June 2025.
Aavas Financiers Ltd is a housing finance company that focuses on providing home loans to low- and middle-income customers in semi-urban and rural areas. Many of its customers lack formal income documents like salary slips or IT returns, so Aavas uses a unique, personalized method to assess creditworthiness.
The company offers three main loan products: home loans for property purchase, construction loans for building on owned land, and home improvement loans for extensions or upgrades. Aavas operates in 14 states across India with 397 branches, serving markets that are often underserved by traditional lenders. link
Aavas Financiers delivered strong business performance in FY25, with Assets Under Management (AUM) crossing Rs 204 billion, reflecting 18% year-on-year growth. Disbursements for the year stood at Rs 61.2 billion, up 10% YoY. The company aims to maintain 20% CAGR in AUM over the medium term, with a target to reach Rs 500 billion in the next five years.
With improving asset quality, expanding branch network, and focus on operational efficiency, Aavas expects over 20% disbursement growth in FY26 while maintaining healthy spreads and margins.
The company reported a revenue of Rs 2,355 crore in FY25, up by 16.7 percent from its FY24 revenue of Rs 2,018 crore. Coming to its profitability, the company reported a net profit rise of 16.9 percent to Rs 574 crore in FY25 from Rs 491 crore in FY24. The stock delivered an ROE and ROCE of 14.1 percent and 10.1 percent, respectively.
Written By Rohan Pandey
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post Stock in focus after promoters purchased 22% stake via open offer appeared first on Trade Brains.