Credila Financial Services Announces IPO
Credila Financial Services has announced its Draft Red Herring Prospectus (DRHP) for an upcoming IPO. This blog post provides a detailed overview of the company, its financials, and the IPO offering.
Introduction
Credila Financial Services IPO is fully book build issue and total IPO size is 5000 crores. The offering includes a fresh issue worth 3000 crores and an offer for sale of 2000 crores.
The dates for the Credila Financial Services Limited IPO have not been announced yet. The allotment process is expected to be finalized by [.].
The Credila Financial Services Limited IPO is scheduled to list on NSE, BSE, with a listing date of [.]. The price band for the Credila Financial Services Limited IPO has not been announced yet.
Registrar for this IPO is Kfin Technologies Limited and lead managers for Credila Financial Services Limited IPO are Axis Capital Limited, Citigroup Global Markets India Private Limited, Goldman Sachs (India) Securities Private Limited, Iifl Capital Services Limited, Jefferies India Private Limited.
Company Overview
Founded in 2006, Credila Financial Services Limited is a leading Indian education finance company, providing loans for higher education both in India and overseas. They are the largest education-focused NBFC in India.
Their loan portfolio is diversified across multiple international geographies, universities, and academic programs. They offer a range of value-added services and have a pan-India presence with a large distribution network.
Key Achievements
- Largest education-focused NBFC in India with Net Loans of 41,469.31 crore as of March 31, 2025.
- Restated net profit after tax of 989.96 crore for FY25.
- Disbursements of 14,089.22 crore for FY24.
- Fastest-growing education-focused NBFC in India, with a CAGR of 64.96% in Net Loans between FY23 and FY25.
Financial Overview ( in Crores)
Here’s a snapshot of Credila Financial Services Limited’s financial performance:
| Period Ended | 31 Mar 2025 |
|---|---|
| Assets | 48194.50 |
| Revenue | 4719.73 |
| Profit After Tax | 989.96 |
| Net Worth | 8694.51 |
| Total Borrowing | 37320.71 |
Offer for Sale and IPO Structure
The IPO includes a fresh issue of 3000 crore and an Offer for Sale (OFS) of 2000 crore. The OFS allows Selling Shareholders to sell shares aggregating up to 2,000 crore.
Share allocation details:
- Retail Investors: 35%
- Non-Institutional Investors (NII): 15%
The shares are proposed to be listed on the NSE and BSE.
Lead Managers and Registrar
The lead managers for the IPO are:
- Axis Capital Limited
- Citigroup Global Markets India Private Limited
- Goldman Sachs (India) Securities Private Limited
- IIFL Capital Services Limited
- Jefferies India Private Limited
The registrar is KFin Technologies Limited.
Conclusion
Credila Financial Services Limited’s IPO presents an exciting investment opportunity. Stay tuned for updates on the IPO date and further details. Consider this offering to be a part of your investment portfolio.