Repco Home Finance
The market sentiments have changed post the Modinomics wave and the Private equity (PE) firms are using this buoyant market sentiment to exit their old investments via public market sales route. Over nine-fold returns were made by Carlyle Group when it made a full exit from Repco Home Finance, a housing finance company based in Chennai. [...] Continue Reading »
The Reserve Bank of India (RBI) on Friday said foreign investors cannot purchase shares of Repco Home Finance and South Indian Bank as their shareholding in these companies has crossed the threshold limit. This is in a way a good news as there is so much demand for these shares in the market that they are [...] Continue Reading »
The market sentiments have changed post the Modinomics wave and the Private equity (PE) firms are using this buoyant market sentiment to exit their old investments via public market sales route. Over nine-fold returns were made by Carlyle Group when it made a full exit from Repco Home Finance, a housing finance company based in Chennai. [...] Continue Reading »
As per BSE data, the fund has sold 34, 64,000 equity shares for Rs 325 each which aggregates to an amount of Rs 112.59 crore. The fund had 61, 92,100 shares which is 9.96 percent the total shares in the home finance company by the end of December 2013. At the same time Jupiter PAF [...] Continue Reading »
Ex World Bank’s President James Wolfensohn’s private investment fund has sold 5.57% of Chennai oriented home financing company Repco Home Finance for about Rs 112.59 crore in an open market deal. A Wolfensohn Capital Partners fund sold 34, 64,000 equity shares for Rs 325 per share. AS per the shareholding pattern available on the stock [...] Continue Reading »
