Star Housing Finance Limited informed exchanges that the company has surpassed Rs. 500 crore AUM. The firm mainly operates in tier II and tier III towns, as well as semi-urban regions and has served over 5000 households, with a focus on the Economically Weaker Section (EWS) / Low Income Group (LIG) segment.
This is a big milestone for the company and aligns with its stated growth objectives. Star HFL achieved this with its 30+ operating branches and 250+ employees spread across regions and business functions. The occasion was celebrated enthusiastically in several places.
In the exchange filing, the company also shared, “Star HFL team consists of HFC professionals with deep expertise in both domain and execution. The senior leadership team is supported by a strong and an independent Board comprising of reputed professionals from the BFSI space. The Company has scaled up staying true to its business philosophy of providing housing finance assistance to prospective first time home buyers within its target customer segment.”
