Credila Financial Services IPO Details

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Credila Financial Services IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.

The Lead Managers for Credila Financial Services IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is IIFL Capital Services Limited, Citigroup Global Markets India Private Limited, Axis Capital Limited, Jefferies India Private Limited, Goldman Sachs (India) Securities Pvt.Ltd.. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Credila Financial Services Limited DRHP.

Credila Financial Services IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
218787715
Share holding post issue
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
-
DRHP Status
SEBI Approval Received

Credila Financial Services IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Credila Financial Services IPO Reservation

Promoter Holding

Pre Issue:63.96%
Post Issue:-

Credila Financial Services IPO Valuations

ROE:14.41%
DEBT/EQUITY:4.47
RONW:14.41

Credila Financial Services Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets48,194.5031,565.9716,446.04
Total Income4,719.732,771.041,352.17
Profit After Tax989.96528.84275.93
EBITDA4,237.182,450.801,190.27
Net Worth8,694.515,043.362,435.09
Reserves and Surplus8,519.164,859.402,291.62
Total Borrowing38,869.0126,032.8313,655.22
Amount in ₹ Crore

About Credila Financial Services IPO

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.

Key Features of Education Loans

  • Loan Coverage: Tuition fees, living expenses, travel, and other educational costs.
  • Loan Amount: Based on academic background, university, and financial requirements.
  • Repayment Options: Moratorium period available during the course duration.
  • Collateral & Co-Applicant: Loans may require collateral or a co-applicant depending on the loan amount and applicant profile.

Market Presence

  • Supports students enrolling in top universities and institutions globally.
  • Extensive customer base across India and international education markets.
  • Works closely with students, parents, and educational institutions to streamline the loan process.

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.

Strength Of Credila Financial Services IPO

To be announced

Risk Of Credila Financial Services IPO

To be announced

Objectives Credila Financial Services IPO

To be announced

Company Contact Details

Credila Financial Services Ltd.
B 301, Citi Point,
Next to Kohinoor Continental, Andheri-Kurla Road,
Andheri (East), Mumbai-400059, Maharashtra, India
Mumbai, Maharashtra, 400059
Email: support@credila.com
Website: https://credila.com/

Registrar Contact Details

Name: Kfin Technologies Limited
Phone: +91-40-67162222

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