Credila Financial Services IPO Details

MAINBOARD

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 Ltd, Citigroup Global Markets India Pvt Ltd, Axis Capital Ltd, Jefferies India Pvt Ltd, 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
21,87,87,715 shares
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 Ltd
Phone: +91-40-67162222

Credila Financial Services IPO - FAQs

The Credila Financial Services IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The Credila Financial Services IPO opens on TBA.

Credila Financial Services IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Credila Financial Services IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Credila Financial Services IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Credila Financial Services IPO allotment status for updates.

The listing date for the Credila Financial Services IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Credila Financial Services IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

Comments