BharatPe hires Rothschild to sell up to 25% stake in Unity SFB
Mint Kolkata|January 03, 2025
BharatPe turned Ebitda positive in 2024, recording consolidated revenue from ops of ₹1,426 crore in FY24
FROM PAGE 1

tions, is required to go public after two more years. The Reserve Bank of India's norms require small finance banks to get listed after five years of operations.

The second person cited above said that Unity SFB is likely to be valued at more than $800-900 million. "Most small finance banks are trading at 1-1.5 times their books and, hence, that's a safe ballpark to begin with," the second person said.

Meanwhile, a banker who spoke on condition of anonymity told Mint that the NBFC is finding it difficult to find buyers for the stake sale.

Emailed queries to Rothschild & Co, BharatPe and Unity SFB did not elicit any response.

BharatPe, too, is preparing for an IPO (initial public offering).

In an interview to Mint on 4 August 2022, BharatPe's chairman Rajnish Kumar had confirmed its plans for an initial public offer over the next two years.

Diese Geschichte stammt aus der January 03, 2025-Ausgabe von Mint Kolkata.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der January 03, 2025-Ausgabe von Mint Kolkata.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS MINT KOLKATAAlle anzeigen
Mint Kolkata

The Perks of Reflection and Daily Me-Time

Introspection helps one think more clearly, says Spinny CEO Niraj Singh

time-read
2 Minuten  |
January 06, 2025
Mint Kolkata

Hiring Is Just The First Step Towards Inclusion

Persons with disabilities and those from marginalized groups need mentors and a supportive environment to grow in their careers

time-read
4 Minuten  |
January 06, 2025
Mint Kolkata

It's Your Touch That Will Push an AI Co-worker to Do Better

AI agents help break down silos and improve decision-making and collaboration, but it's people who can leverage their benefits

time-read
3 Minuten  |
January 06, 2025
Mint Kolkata

The Digital Data Protection rules have hits and misses

Some provisions can set a global example for age-gating but others would overburden data fiduciaries

time-read
4 Minuten  |
January 06, 2025
Mint Kolkata

Budget: It must aim to engineer India's economic transformation

The target of Viksit Bharat by 2047 requires the budget to balance immediate challenges with long-term development goals

time-read
3 Minuten  |
January 06, 2025
Mint Kolkata

The 'Asian Aunty' is smashing ageist and gender stereotypes

'Aunty' leaders are tackling a widely normalized form of 'othering'

time-read
3 Minuten  |
January 06, 2025
Mint Kolkata

Public debt: Do not let it eclipse the fiscal deficit

The Centre's plan to adopt debt as its new focus for budget prudence after 2025-26 does hold merit but we must not lose track of the fiscal gap. It'll remain a valuable economic indicator

time-read
3 Minuten  |
January 06, 2025
Mint Kolkata

Get public-private partnerships right for target-oriented growth

The UK's new government should engage the private sector with deals that achieve public objectives

time-read
3 Minuten  |
January 06, 2025
Mint Kolkata

Longevity Is Usually A Reward For Being Unspectacular

Careers That Endure Are Typically Not Spectacular. This Is So In Politics As Well As Other Fields

time-read
4 Minuten  |
January 06, 2025
Mint Kolkata

How To Use Home Loan Interest As Acquisition Cost

With reasonable housing loan interest rates, many taxpayers use loans for residential property purchases.

time-read
2 Minuten  |
January 06, 2025