ATLAS News · Deals

Blackstone to lead Rs 6,414 crore fundraise in IIFL Finance

Published November 10, 2026 · 3 sources

Blackstone is set to take a 16% stake in IIFL Finance as part of a Rs 6,414 crore capital raise, The Economic Times and Moneycontrol report.

What happened

The Economic Times and Moneycontrol report that Blackstone will lead a Rs 6,414 crore capital raise at IIFL Finance, the non-bank lender. Under the plan, Blackstone is set to acquire a 16% stake in the company.

According to The Economic Times, Blackstone is to invest Rs 5,000 crore. Nirmal Jain and R. Venkataraman will contribute Rs 1,264 crore through warrants, and Anchorage Capital will take part with a Rs 150 crore investment.

The Economic Times describes the deal as one of the largest private equity investments in India.

Context

Non-bank finance companies, known as NBFCs in India, lend to borrowers outside the traditional banking system and often raise outside capital to fund their growth.

Why it matters

The deal may matter to markets as a sign of how large global investors are approaching India's financial sector, and it could change the ownership structure of IIFL Finance.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

BlackstoneBX

−1.49%

Financial Services · NYSE

Live price

$122.20▼ -1.49%

live price · USD

Latest price during the session: $122.20−1.49% vs. previous close ($124.05)
Fair value (ATLAS): $124.18Fair range: $111.76 to $136.60The price ($122.20) is 1.6% below that figure: close to its fair value.
Chance of a rise in 1 month: 49%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $112.81 and $131.69; 9 in 10, between $98.35 and $151.05.

See the full ATLAS analysis of Blackstone →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

Blackstone to acquire 16% stake in IIFL Finance as NBFC announces Rs 6,414 crore capital raise led by glob · The Economic Times · November 10, 2026
Blackstone leads Rs 6,414-crore fundraise in IIFL Finance, to acquire 16% stake · Moneycontrol.com · November 10, 2026
Buy this data center-linked stock primed to rally nearly 60%, says Jefferies · CNBC · November 10, 2026

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