Aadhar Housing Finance on July 30 said its promoter BCP Topco VII Pte Ltd will sell 4.4 crore shares to AXDI LDII SPV 1 Ltd at Rs 425 apiece.
The selling price represents nearly 17% discount to the current market price of Rs 512.
"On 29 July 2025, BCP Topco VII Pte. Ltd. (the promoter of the Company) entered into a SPA with AXDI LDII SPV 1 LTD,
pursuant to which AXDI LDII SPV 1 LTD has agreed to acquire 44,139,236 equity shares of the Company from BCP Topco VII Pte. Ltd. at a price of Rs. 425 per equity share, completion of which is subject to the satisfaction of certain conditions precedent under the second share purchase agreement. AXDI LDII SPV 1 LTD will be classified as a public shareholder of the Company upon acquisition of equity shares under SPA," said Aadhar Housing Finance in a stock exchange filing.
As of June 2025, BCP Topco VII Pte Ltd owns 75.5% stake in Aadhar Housing Finance.
Aadhar Housing Finance on Friday reported a 19% increase in net profit to Rs 237 crore in the first quarter ended June 2025.
The housing finance company earned a profit of Rs 200 crore in the same quarter a year ago.
Total income during the quarter under review rose to Rs 851 crore from Rs 7,413 crore in the year-ago period, Aadhar Housing Finance said in a regulatory filing.
During the quarter, interest income increased to Rs 700 crore compared to Rs 629 crore in the same period a year ago.
Total expenses increased to Rs 546 crore against Rs 456 crore in same period a year ago.
Gross non-performing assets rose marginally to 1.34% as of June 30, 2025, compared to 1.31% of AUM at the end of the first quarter of the previous financial year.
The mortgage firm's Asset Under Management (AUM) grew by 26% to Rs 26,524 crore from Rs 21,726 crore at the end of June 30, 2024.
Disbursements remained healthy at Rs 1,979 crore, up 32%, supported by sustained demand in the affordable housing segment, the company's MD and CEO Rishi Anand said.
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