HDFC Credila, India's largest education loan provider, is planning a significant IPO in 2025, aiming to raise over Rs 5,000 crore.
Backed by Swedish investment firm EQT and Indian private equity giant ChrysCapital, HDFC Credila has already shortlisted investment banks for the offering. The company reported a strong profit of Rs 528.84 crore in FY24, highlighting its robust financial health. The final IPO amount will depend on how much existing investors decide to sell. HDFC Credila’s success has inspired a Rs 1 lakh crore industry in India’s education loan sector.