Motilal Oswal recommended Neutral rating on Piramal Finance with a target price of Rs 1250 in its research report dated September 29, 2025.
Jairam Sridharan will serve as the MD & CEO of the merged Piramal Finance
The company said it envisions growing its AUM to Rs 1.5 lakh crore by FY28.
Piramal Finance is into housing finance, SME lending and retail finance along with wholesale lending, which is the mainstay with over Rs 42,000 crore in developer financing
MD, Piramal Capital & Housing Finance Ltd., Jairam Sridharan said Piramal Finance is rapidly expanding its footprint in Tier II and III cities of 'Bharat' and the innovation centre here is a significant element of its growth strategy.
US-based asset management fund Advent has sought extension by 16 weeks, while Piramal Finance has sought additional time of 12 weeks, that is till December
Via tie-ups with fintech firms, Piramal Retail Finance will enter segments such as used car loans, digital personal finance, and secured lending to small businesses, Jairam Sridharan, CEO, Piramal Retail Finance, said on April 15.
Piramal Housing Finance, the wholly-owned subsidiary of Piramal Finance, has already expanded its housing finance business in markets like the Mumbai Metropolitan Region (MMR), Noida, Gurugram, Delhi and Bengaluru, and plans to add four to five more cities under its portfolio in the next six months.
The company has sanctioned in excess of Rs 10,000 crore of wholesale (developer) loans in Delhi-NCR market.
The housing finance unit, which got its licence from National Housing Board on September 4 this year, already has assets under management (AUM) of over Rs 200 crore.
Watch accompanying video of Ajay Piramal, Chairman of Piramal Enterprises addressing a press conference for a strategic announcement.
The projects include redevelopment, large format townships as well as affordable housing, the company said of Monday.
ECL has been set up as a sector-agnostic platform and engages with clients across manufacturing, trade and services sectors, offering solutions with ticket size ranging from Rs10-100 crore.
The investments were made through the Corporate Finance Group (CFG), erstwhile Structured Finance Group, of Piramal Finance, the company said in a statement.
"Piramal Enterprises through its subsidiary Piramal Finance Ltd has financed the Embassy Group for an amount of Rs 1,100 crore," a company statement said.
The company has invested Rs 275 crore in RSB Group and Rs 290 crore in Indoshell Mould Ltd, Piramal Enterprises said in a statement.
Ajay Piramal group‘s financial services arm Piramal Finance is likely to announce a tie-up with Canada based CDPQ's realty arm for an investment platform.
In line with the company's growth plans, Piramal Finance will now make an application to the National Housing Bank for incorporating a housing finance company.