30/12/2024, 4:32:02 pm

EQT, ChrysCapital-controlled Credila pre-files DRHP for IPO

HDFC Credila Financial Services has pre-filed a draft red herring prospectus with SEBI for an initial public offering, nearly 18 months after EQT and ChrysCapital's buyout. The IPO may raise up to Rs 5,000 crore. HDFC Credila is the largest non-bank lender in education loans, with a 92% rise in profit to Rs 529 crore in FY24.