Shriram Housing Finance to get Rs 500 cr capital infusion

17 May 2021 CW Team

To aid the affordable and mid-segment housing, Shriram City Union Finance (SCUF) has invested Rs 200 crore in its housing finance subsidiary, Shriram Housing Finance Ltd (SHFL).

The board of SCUF also approved an investment of Rs 500 crore in Shriram Housing Finance Ltd over the coming two years. An amount of Rs 200 crore has been invested now.

The current investment of Rs 200 crore will increase the SCUF's holding in SHFL from 77.25% to 81.16%. The funds received will be used to provide growth capital to the fast-growing HFC that will enable it to expand its network and client base.

The network of Shriram Housing Finance was Rs 576 crore on 31 March 2021, which has raised to Rs 776 crore with this investment.

In the currently declared financial result for FY 21, Shriram Housing Finance has announced growth in its AUM of 70%. YoY with the highest quarterly and annually disbursements of Rs 1,005 crore and Rs 2,195 crore respectively. It ended FY 21 with a PAT of 620 million and a strong 32% growth in the year.

The ROA stands at a good 2.5%.

Shriram Housing Finance Ltd is a housing finance company registered with the National Housing Bank (NHB) and promoted by the SCUFL started operations on December 11. It is among the fastest moving, profitable, and affordable housing finance companies with a network of more than 80 branches.

Image Source

Also read: Dubai’s Mark AB Capital to acquire 26% stake of Shriram EPC

Also read: Indiabulls, HDFC join hands to offer home loans at competitive rates

Real Estate

08 Oct 2025

LML Industrial Park Secures PADMA Approval

LML Realty announced that its upcoming Industrial Park has been accredited under Haryana’s PADMA Scheme, providing MSMEs and startups access to incentives worth over Rs 2 crore per enterprise. The park aligns with the Make in India initiative and offers affordable 500 sq yard plots starting at Rs 75 lakh, combined with robust financial and innovation support. Strategically located on NH-248 (Sohna–Alwar Highway), with connectivity to the Delhi–Mumbai Expressway, Gurugram, Faridabad, and IGI Airport, the park features sector-neutral clusters, plug-and-play units, exhibition spaces, a..

Alliance City Launches Sea Breeze, Mumbai’s Luxury Custom Residences

Alliance City has unveiled Sea Breeze, a premium residential development in Santacruz West, setting a new benchmark in luxury living with fully customisable 4BHK Palace Residences. The project uses advanced aluminium formwork technology, allowing precise architectural detailing, smoother finishes without plastering, faster construction, and enhanced earthquake resistance. The reusable panels reduce construction waste, supporting sustainability goals. Founder Ankita Luharukha said, “Luxury is not just space; it’s precision, quality, and homes tailored to modern families. Sea Breez..

Aemetis, Praj Partner On Rs 2.5 Billion Low-Carbon Upgrade

Aemetis Inc. is advancing its decarbonisation strategy at its 65-million-gallon-per-year ethanol facility in Keyes, California, through a Rs 2.5 billion ($30 million) energy efficiency upgrade featuring a Mechanical Vapour Recompression (MVR) system. The advanced low-carbon technology and key components for the system are being supplied by Praj Industries, while NPL Construction Co., a subsidiary of Centuri Holdings Inc. (NYSE: CTRI), is overseeing project execution and implementation.Operational since 2011, the Aemetis Advanced Fuels Keyes plant utilises Praj’s ethanol technology and has co..