Credila Financial Services IPO: Promising ₹5,000 Cr Launch

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 IPO have not been announced yet. The allotment process is expected to be finalized by [.].

The Credila Financial Services IPO is scheduled to list on NSE, BSE, with a listing date of [.]. The price band for the Credila Financial Services IPO has not been announced yet.

Registrar for this IPO is Kfin Technologies Limited and lead managers for Credila Financial Services 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.

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IPO Schedule

IPO Open Date	-
IPO Close Date	-
IPO Allotment Date	-
Refund Initiation	-
Share credit in Demat	-
Listing Date	-

Key Details

Price Band	TBA
Lot Size	TBA
Face Value	₹10 Per Equity Share
Total Issue Size	₹5,000.00 Crores
Fresh Issue	₹3,000.00 Crores
OFS Issue	₹2,000.00 Crores
Issue Type	Fresh Issue and an Offer for Sale
Listing At	NSE, BSE

Share Reservation

Investor Category	Shares Offered
QIB	N/A
Retail	35%
NII/HNI	15%

About Credila Financial Services Limited Company

Founded in 2006, we are a leading Indian education finance company providing loans for higher education both in India and overseas. We are the largest education-focused NBFC in India, with Net Loans of ₹41,469.31 crore as of March 31, 2025, and a restated net profit after tax of ₹989.96 crore for FY25. We had disbursements of ₹14,089.22 crore for FY24. We are also the fastest-growing education-focused NBFC in India, with a CAGR of 64.96% in Net Loans between FY23 and FY25.

Our loan portfolio is diversified across multiple international geographies, universities, and academic programs. We offer a range of value-added services, and have a pan-India presence with a large distribution network comprising distribution agents, aggregators, counselors and financial institutions. Our specialized underwriting approach, focusing on the overseas and Indian education market, has helped us maintain high asset quality, with Gross Stage 3 Loans at 0.19% as of March 31, 2025.

We have a well-funded and diversified liability profile, enabling access to funding sources at competitive costs. Our leadership team brings together financial, regulatory, and operational expertise. With a strong presence in a rapidly growing market, we empower aspiring students to realize their dreams of higher education.

Credila Financial Services Limited Financial Details

Period Ended	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	48194.50	31565.97	16446.04
Revenue	4719.73	2771.04	1352.17
Profit After Tax	989.96	528.84	275.93
Net Worth	8694.51	5043.36	2435.09
Reserves and Surplus	8475.72	4864.20	2287.29
Total Borrowing	37320.71	26032.83	13655.22

₹ In Crore

Key Performance Indicator

Basic EPS (in ₹)	Return on Net Worth (RoNW)	Net Asset Value (NAV)	Debt-Equity Ratio	Return on Equity (ROE)	Return on Capital Employed (ROCE)
47.80	14.41%	397.39	4.47	14.41%

Offer Objectives

The Offer comprises a Fresh Issue and an Offer for Sale (OFS). The OFS allows Selling Shareholders to sell shares aggregating up to ₹2,000 crore. The Company will not receive any proceeds from the OFS; these will go to the Selling Shareholders after deducting offer-related expenses and taxes.

The Company plans to utilize the Net Proceeds from the Fresh Issue to augment its capital base to meet future capital requirements arising from business growth. A portion will also cover Offer Expenses. Additionally, the company expects to benefit from listing on the stock exchanges, enhancing its brand name and creating a public market for its equity shares.

Gross proceeds from the Fresh Issue are estimated to be up to ₹3,000 crore. A Pre-IPO Placement of up to ₹600 crore may be undertaken, reducing the Fresh Issue size. Net Proceeds will be deployed over Financial Year 2026.

The primary object of the Fresh Issue is augmenting the company's capital base for onward lending, as it is an education finance NBFC. As of March 31, 2025, the Company's CRAR was 21.81%, with Tier I capital at 19.70%. AUM as of March 31, 2025, stood at ₹41,810.45 million (₹41,81.04 crore).

Estimated Offer related expenses are approximately ₹[●] million. These expenses include fees for BRLMs, commissions, listing fees, legal counsel, and marketing expenses. These expenses will be shared between the Company and Selling Shareholders in proportion to the number of Equity Shares issued and Allotted by the Company through the Fresh Issue and respective the Offered Shares transferred by each of the Selling Shareholders through the Offer for Sale.