Home / Business and Economy / Carlyle Buys Edelweiss Housing Unit for ₹2,100 Crore
Carlyle Buys Edelweiss Housing Unit for ₹2,100 Crore
10 Feb
Summary
- Carlyle Group is acquiring Nido Home Finance from Edelweiss Financial Services.
- The deal is valued at ₹2,100 crore with a 73% stake transfer.
- The transaction is expected to close by July 31, 2026, subject to approvals.
The Carlyle Group, through its affiliated investment funds CA Sardo Investments and Salisbury Investments Pvt., is acquiring Nido Home Finance Ltd. from Edelweiss Financial Services for ₹2,100 crore. This deal, announced on Monday, will see Carlyle's funds acquire a majority 73% stake in Nido on a fully diluted basis.
The acquisition includes a secondary purchase of shares for ₹602 crore and a primary equity capital infusion of ₹1,500 crore. The issue price for shares and warrants represents a 73% premium over Nido's previous closing stock price.
Nido Home Finance, established in 2010, focuses on the affordable housing and mass-market segments, managing assets totaling ₹4,804 crore across over 800 talukas in India. Carlyle's partnership aims to support Nido's growth, recognizing housing finance as a critical national priority for India.
This transaction is subject to regulatory approvals and is projected to finalize by July 31, 2026. In fiscal 2024-25, Nido Home Finance contributed 5.5% to Edelweiss's revenue and 14% to its net worth.
This acquisition occurs amidst a dynamic housing finance landscape, with the Economic Survey 2025-26 noting an increase in housing loans as a share of GDP. Earlier this week, Advent International announced its acquisition of a 14.3% stake in Aditya Birla Housing Finance Ltd.
