Archive · 3 Aug 2026
Hinduja Leyland Finance Eyes 2024 Listing, Strong Growth
Hinduja Leyland Finance is a big company that helps people buy cars and equipment by giving them loans.
It is owned by two big groups, the Hinduja Group and Ashok Leyland.
The company has grown a lot, now having more than 75,000 crore rupees in loans.
It wants to become a public company by listing its shares on the stock market this year.
It also has a part that helps people buy houses, and that part is growing very fast.
Hinduja Leyland Finance, backed by the Hinduja Group and Ashok Leyland, aims for a reverse‑merger listing this year.
The NBFC has grown its assets under management to over ₹75,000 cr, with a 27% CAGR in loan book and 24% CAGR in revenue.
Vehicle and construction‑equipment loans make up about 52% of its portfolio, while housing finance accounts for 21%.
The company holds CARE and Crisil AA+ ratings and operates more than 1,750 branches across India.
Its subsidiary, Hinduja Housing Finance, is expanding rapidly, reporting a 68% CAGR in its housing portfolio.
- Who
- Hinduja Leyland Finance, backed by the Hinduja Group and Ashok Leyland
- What
- A vehicle‑finance NBFC seeking a reverse‑merger listing and reporting strong growth
- When
- Listing expected in 2024
- Where
- India, with a pan‑India branch network
- Why
- To capitalize on expanding credit and vehicle‑finance markets
- Company
- Hinduja Leyland Finance
- Parent Companies
- Hinduja Group, Ashok Leyland
- AUM
- ₹75,000 crore
- Rating
- CARE AA+ / Crisil AA+
- Listing Type
- Reverse‑merger
- Expected Listing Year
- 2024