Archive · 22 Aug 2025
Centrum Capital to Sell Housing Finance Arm to Weaver
Centrum Capital, a company, is selling its affordable housing business, Centrum Housing Finance (CHFL), to another company called Weaver Services.
The deal is worth about ₹800 crore.
Centrum Capital owns a little more than half of CHFL and will get around ₹430 crore from the sale.
Another company, Morgan Stanley, also owns part of CHFL but will keep its shares.
CHFL helps people get loans for homes.
The company has been doing well and has loans worth ₹1,640 crore.
Centrum Capital hopes Weaver Services will help CHFL grow even more.
Centrum Capital will sell its full stake in Centrum Housing Finance to Weaver Services.
The enterprise valuation of Centrum Housing is approximately ₹800 crore.
Centrum Capital is expected to receive around ₹430 crore from the transaction.
Morgan Stanley will retain its 25% stake in Centrum Housing.
Centrum Housing has ₹1,640 crore in assets under management as of June 30.
- Who
- Centrum Capital is selling to Weaver Services.
- What
- Centrum Capital is selling its stake in Centrum Housing Finance.
- When
- The agreement was signed on an unspecified date; information current as of June 30.
- Where
- Centrum Housing has offices across 100 locations.
- Why
- Centrum Capital seeks to allow CHFL to scale its operations through Weaver Services.
- Seller
- Centrum Capital
- Buyer
- Weaver Services
- Transaction
- Sale of full stake
- Enterprise Valuation
- ₹800 crore
- Centrum Capital Stake
- 50%+
- Amount to Centrum Capital
- ₹430 crore (approx.)
- Morgan Stanley Stake
- 25%
- CHFL AUM (June 30)
- ₹1,640 crore