Archive · 27 Oct 2025
Jomei Investments to Sell Aditya Birla Capital Stake
Jomei Investments, which is part of Advent International, is planning to sell a portion of its shares in Aditya Birla Capital.
They are offering about 53.2 million shares at a specific price, which is slightly less than the current market price.
This sale is expected to bring in over ₹1,600 crore.
Aditya Birla Capital is a financial services company and recently reported a 10% increase in net profit and a rise in revenue.
The company's lending portfolio and assets under management have also grown significantly.
The stock price of Aditya Birla Capital ended at ₹310.55 per share.
Jomei Investments plans to sell up to a 2% stake in Aditya Birla Capital.
The sale involves approximately 53.2 million shares.
The floor price for the shares is ₹304.55 per share.
The transaction could generate over ₹1,600 crore.
Aditya Birla Capital's net profit and revenue have increased.
- Who
- Jomei Investments, owned by Advent International Corporation.
- What
- Plans to offload a 2% stake in Aditya Birla Capital Ltd (ABCL).
- When
- Not explicitly mentioned.
- Where
- Not explicitly mentioned.
- Why
- Not explicitly mentioned.
- Seller
- Jomei Investments
- Buyer
- Undisclosed
- Stake Offered
- 2%
- Shares Offered
- 53.2 million
- Floor Price
- ₹304.55 per share
- Expected Revenue
- Over ₹1,600 crore
- ABCL's Current Market Price
- ₹310.55