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Blackstone to buy about 16% stake in IIFL Finance for ₹5,000 crore

11/10/2026, 11:35:16 AM

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Blackstone to buy about 16% stake in IIFL Finance for ₹5,000 crore — Photo / Coverage: The Hindu Business Line

EXECUTIVE SUMMARY

The issue will also include a ₹1264 crore investment by existing investors Nirmal Jain and R Venkataraman, while Anchorage Capital ‌will invest another ₹150 crore.

Key Takeaways

Blackstone to buy about 16% stake in IIFL Finance for ₹5,000 crore.
The issue will also include a ₹1264 crore investment by existing investors Nirmal Jain and R Venkataraman, while Anchorage Capital ‌will invest another ₹150 crore.
The issue will also include a ₹1264 crore investment by existing investors Nirmal Jain and R Venkataraman, while Anchorage Capital ‌will invest another ₹150 crore.

The issue will also include a ₹1264 crore investment by existing investors Nirmal Jain and R Venkataraman, while Anchorage Capital ‌will invest another ₹150 crore.

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