September 29, 2016 10:17 AM ET

Thrifts and Mortgage Finance

Company Overview of ICICI Home Finance Company Limited

Company Overview

ICICI Home Finance Company Limited provides loans for purchasing, constructing, repairing, and renovating houses/flats to individuals, corporate bodies, builders, and co-operative housing societies primarily in India. It offers housing business related services, such as property advisory and research services, and legal and technical valuation services; and financial assistance for specified purpose against the security of immovable property. The company also provides home loan products, including home and home improvement, land, office premises, and top-up loans, as well as loans for under construction projects and balance transfer facilities; loans against properties and lease rental disco...

ICICI Bank Towers

Bandra-Kurla Complex

Mumbai,  400051

India

Founded in 1999

515 Employees

Phone:

91 22 4009 3480

Key Executives for ICICI Home Finance Company Limited

Chief Executive Officer, Managing Director, Director and Member of Stakeholders Relationship Committee
Age: 50
Chief Financial Officer
Age: 45
Joint General Manager
Age: 41
Compensation as of Fiscal Year 2016.

ICICI Home Finance Company Limited Key Developments

India Value Fund Advisors And Baring Asia Reportedly To Acquire ICICI Home Finance

India Value Fund Advisors Private Ltd and Baring Private Equity Asia to acquire ICICI Home Finance Company Limited. India Value Fund is teaming up with Baring Asia to acquire ICICI Home Finance for approximately INR 24-25 billion. ICICI Bank Ltd. (NSEI:ICICIBANK) informed TPG Capital Corporation that TPG is out of the race to acquire ICICI Home Finance.

Baring Asia Reportedly Rejoins Race To Acquire ICICI Home Finance

Baring Private Equity Asia rejoins race to acquire ICICI Home Finance Company Limited. Baring Asia has reversed its stance on ICICI Home Finance and launched a counter-bid to wrest control of the firm. Baring's bid has upset TPG Capital Corporation's plan to take control of ICICI Bank's home finance subsidiary and make a splash in the fast-growing, lucrative market. Baring's bid is believed to be 10% higher than that of TPG and while TPG may still have a chance, Baring's higher offer may tilt the scales in its favor. ICICI Bank said, "ICICI Bank has not yet finalised any sale of its stake in ICICI Home Finance."

TPG Capital Reportedly Seeks To Close Acquisition Of ICICI Home Finance

TPG Capital (Australia) Pty Ltd has partnered with three of its limited partners, Temasek Holdings (Private) Limited, HarbourVest Partners L.P. and GIC Pte. Ltd. to close its acquisition of ICICI Home Finance Company Limited for as much as $320 million, according to two people briefed on the matter.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Bloomberg L.P. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact ICICI Home Finance Company Limited, please visit www.icicihfc.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.