Shriram Housing Finance Targets Rs 20,000 Cr AUM
Shriram Housing Finance Ltd expects to scale up its assets under management (AUM) about 2.5 times to ?20,000 crore by March-end 2025, mainly through the organic route and strategic acquisitions that would add scale. Its AUM was at ?8,047 crore as of March-end 2023, The company, which expects to reach an AUM of ?14,000 crore by March-end 2024, added ?1,000 crore to its AUM in the January-March 2024 quarter. Shriram Finance Ltd holds 85 per cent stake in SHFL, with the balance 15 per cent being held by San Francisco-based Valiant Capital Management, L.P.
Tags : Shriram Housing Finance Ltd scale up assets under management organic route strategic acquisitions