Elpro International Buys Shares in Aptus Value Housing Finance for ₹78.9 Million

In a notable move, Elpro International Ltd. announced the purchase of shares in Aptus Value Housing Finance India Ltd. for ₹78.9 million (₹7.89 crore). Aptus, a leading player in affordable housing finance, focuses on providing loans to self-employed individuals and low-income households across semi-urban and rural India.

The acquisition underscores Elpro’s strategy to diversify beyond its traditional real estate and industrial footprint, tapping into India’s rapidly growing housing finance market. With government-backed initiatives promoting affordable housing, Aptus has emerged as a strong player in the sector, and Elpro’s investment signals confidence in its long-term growth trajectory.

Market analysts view this deal as a step toward portfolio strengthening and sectoral diversification, aligning with Elpro’s broader vision of sustainable growth.

Key Highlights

• Deal Value: ₹78.9 million investment by Elpro International.
• Target Company: Aptus Value Housing Finance India Ltd.
• Sector Focus: Affordable housing loans for self-employed and low-income households.
• Strategic Impact: Diversification into financial services alongside real estate.
• Growth Outlook: Boosts exposure to India’s expanding housing finance market.

This acquisition reflects Elpro’s commitment to strategic investments that align with India’s housing and financial inclusion goals.

Sources: Business Standard; Moneycontrol; Economic Times Markets