Archive · 3 Jun 2025
WestBridge Sells Aptus Housing Stake for ₹1,906 Crore
Imagine a big company, WestBridge Capital, selling a portion of its shares in Aptus Value Housing Finance.
They sold many shares for almost 2000 crore rupees.
Various other companies and funds bought these shares.
The price of Aptus shares went down a bit after this sale, even though it was a huge deal.
It’s like someone selling their toys and other people buying them.
WestBridge Capital sold a 12.4% stake in Aptus Value Housing Finance.
The sale, handled through WestBridge Crossover Fund LLC, was worth ₹1,906 crore.
Over 6.19 crore shares were sold at an average price of ₹307.54 each.
SBI Mutual Fund, Axis Mutual Fund, and others bought over 1.67 crore shares.
Aptus Value Housing Finance shares closed 9.06% lower on the NSE.
- Who
- WestBridge Capital and various institutional investors.
- What
- WestBridge Capital sold shares of Aptus Value Housing Finance.
- When
- Tuesday
- Where
- India
- Why
- To facilitate a large share transaction.
- Seller
- WestBridge Capital
- Buyer
- SBI Mutual Fund, Axis Mutual Fund, Morgan Stanley Asia Singapore, Eastbridge Group
- Shares Sold
- 6.19 crore (12.4%)
- Average Price
- ₹307.54 per share
- Total Transaction Value
- ₹1,905.91 crore
- Share Price Decline
- 9.06%
