HDFC Credila is reportedly (ET Now) planning to go public and has started initial talks with investment bankers to move forward with its IPO plans. The education loans financier, owned by EQT and ChrysCapital, has already begun discussions to explore the listing process.
In April, South Korea’s Shinhan Bank acquired an 11% stake in HDFC Credila, while HDFC Bank holds less than a 10% stake in the company. The listing could potentially strengthen the company’s capital structure and enhance its market presence.
HDFC Credila, is India’s First Dedicated Education Loan Company. HDFC Credila Financial Services pioneered the concept of specialist Education Loan lender and became India’s First Dedicated Education Loan Company.
