Bookbuilding IPO | ₹5,000 Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Credila Financial Services Ltd. on May 15, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 18 months.
Credila Financial Services Ltd. IPO is a Book Build Issue of ₹5,000.00 crores consisting of a fresh issue of shares worth Rs ₹3,000.00 crores and an offer for sale (OFS) of ₹2,000.00 crores.
The equity shares are proposed to be listed on NSE and BSE. Axis Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Credila Financial IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹5,000 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹3,000 Cr) |
| Offer for Sale | [.] shares of ₹10 (agg. up to ₹2,000 Cr) |
| Share Holding Pre Issue | 21,87,87,715 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Jan 1, 2025 Confidential |
| SEBI/Exchange approval received | Thu, May 15, 2025 Confidential |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Incorporated in 2006, Credila Financial Services Limited is a non-banking financial company (NBFC) specialising in education loans. The company focuses on financing students pursuing higher education in India and abroad.
Credila Financial Services Ltd, formerly known as HDFC Credila Financial Services Ltd, provides customized education loans with flexible repayment options, catering to students seeking financial assistance for undergraduate and postgraduate programs.
Credila Financial Services Limited operates as a subsidiary of Housing Development Finance Corporation Limited (HDFC), leveraging its expertise in financial services to facilitate education financing.
Credila Financial Services Ltd.'s revenue increased by 70% and profit after tax (PAT) rose by 87% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 48,194.50 | 31,565.97 | 16,446.04 |
| Total Income | 4,719.73 | 2,771.04 | 1,352.17 |
| Profit After Tax | 989.96 | 528.84 | 275.93 |
| EBITDA | 4,237.18 | 2,450.80 | 1,190.27 |
| NET Worth | 8,694.51 | 5,043.36 | 2,435.09 |
| Reserves and Surplus | 8,519.16 | 4,859.40 | 2,291.62 |
| Total Borrowing | 38,869.01 | 26,032.83 | 13,655.22 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 14.41% |
| Debt/Equity | 4.47 |
| RoNW | 14.41 |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 63.96% |
Lead Manager Reports
Credila Financial IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹5,000 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Credila Financial IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Credila Financial IPO using UPI as a payment gateway. Zerodha customers can apply in Credila Financial IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Credila Financial IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Credila Financial IPO dates are not announced. Please check back again after some time.
Credila Financial IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Credila Financial IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Credila Financial IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Credila Financial IPO allotment status.
The Credila Financial IPO listing date is not yet announced. The tentative date of listing is .
