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

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..