Adar poonawalla plans

The Poonawalla Group plans to raise one billion dollars by the end of 2025 to expand its non -banking financial company (NBFC), Poonawalla Fincorp.

Increasing the proposed capital may be through a qualified institutional status (QIP) or by bringing in a financial investor. The funds will be a basic pumping – no secondary component is considered.

“We are likely to go to increase the capital of one billion dollars at the end of this year via QIP or take a financial investor in the company – all in the primary stage, not secondary,” said Idar Bonola, CEO of the India Institute of India (SII) and Chairman of the Poonawala Business Company today. “The financing companies need a lot of capital to grow,” he said.

Poonawalla Fincor is currently underground assets (AUM) with a value of 35,000 rupees. He said that the company is used four times against its net wealth. Punola said that the increase in capital aims to grow at a rate of 30-40 % annually, and the increase in capital aims to support this level of expansion while maintaining the levels of current leverage.

While SII remains essential in the group’s operations, it gradually increases its participation in financial services, insurance and real estate. “We want to take all of our capital and put it in our NBFC to develop it,” said Bonola.

In March, Bonolas sold his share in Magma Insurance to Batangali Ayurif, led by Baba Ramediv and the DS group for 4,500 rupees. The deal changed the company’s ownership structure, where Patanjali and DS Group got together 98 %.

The deal was implemented through Sanoti Properties, where Poonawalla got a 90 % stake, making it a major car in the deal. Its exit from Magma Insurance reflects a shift in strategic priorities, as resources of insurance restore to its financial services and lending companies. He said: “We had even an insurance company that we tied recently with Baba Ramdiv, where we want to focus on our business in NBFC.”

Real estate currently constitutes about 10 % of group activity. Punola said they are approaching the Strip with caution and selectively participating in the main sites. The group also owns the Ritz-Carlton Hotel in Pune and you are considering the limited expansion of hospitality.

According to Poonawalla, the broader trend of economic growth in India is to open opportunities between sectors, including financing. “As the country grows in the direction in which it is located, there is an opportunity,” he said.

Poonawalla Fincorp has expanded its presence in digital lending, personal loans, and the financing of small and medium -sized companies, with the support of a growing credit market in India. In the event of this, an increase of one billion dollars will be used to enhance NBFC lending capacity. “The serum will remain our primary focus,” said Bonola. However, financial services have become an important part of the group portfolio.

Magma Fincorp was announced by the Indian Vaccine Manufacturers Institute (SII), through its Holding Company, Rising Sun Holdings, led by Adar Poonawalla, in February 2021 and was completed in July 2021.

After the acquisition, Magma Fincorp was renamed as Poonawalla Fincorp in 2021, on the occasion of the official SII entered the financial services sector. Rajesh Phenwani, founder and chief investment employee in Valcreate to invest in LLP, says the acquisition of the Magma Fincorp, a NBFC financial company, by a Covid vaccine manufacturer is a strategic transformation aimed at exploiting the high -growth financial services sector in India.

With a strong cash flow after vaccine sales, the group took advantage of the opportunity to enter useful entry into financial services through a company already listed on the stock exchanges.

“It is a well -calculated step for diversification,” says Verlawi. “By obtaining a listed company like Magma, the group immediately allows access to public markets. This brings advantages such as regular interaction with investors, increased transparency, and clarity – which can all help build credibility with the financial community.”

Perwani believes that this step opens the door for future lists as well, allowing the company to raise the capital more easily and unlock more value over time. “Since the acquisition, the company has been able to double the loan book in Magma, which clearly indicates its ability to push growth. The market value has increased by 4.5 to 5 times.”

He adds that the overall business environment in India makes timing favorable. “The growing economy in India and the expansion of the middle class provides strong opportunities for growth. The group builds a trustworthy brand with capable leadership, which puts it in a good position to take advantage of this direction,” he says.

Perwani said that the company’s focus on the return sector from the middle to the highest level is particularly important. “This space usually gives better margins compared to low -yielding sectors, although it requires more strict control of payment risk to get good returns on the loan notebook,” he explains.

Noting that the last group sells its share in the field of insurance, he says this shows the type of value that can be created in smaller parts of the financial sector.