Advent’s big bet on Aditya Birla Housing

Aditya Birla Housing Finance raised ₹2,750 crore in growth capital from Advent International.

The deets: the deal values ABHFL at ₹19,250 crore post-money. After the infusion, Aditya Birla Capital will hold nearly 85.7%, while Advent International will own 14.3%.

What Advent gets: with fast loan growth and very low bad loans, Aditya Birla Housing gives Advent a chance to grow steadily without taking big risks, while riding India’s long-term demand for homes.

Advent gets a meaningful minority stake in a scaled platform without execution risk. It’s a capital-efficient entry into retail lending, with governance comfort from the Birla Group, and optionality for exits via IPO or strategic sale in the future.

Big picture: affordable housing finance stocks have outperformed the broader market, clearly beating the Sensex over the past year. That outperformance signals strong investor confidence in housing lenders as home loan demand stays resilient despite market volatility.