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Private Equity firm Creador cuts stake in Cholamandalam Investment & Finance (CIF) to 0.06%

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Chola-Logo

Cholamandalam Investment and Finance (click here to view this on our SNAP Analytics Tool) – promoted by the Murugappa Group, is a pan-Indian, composite financial services provider. It was established in 1978 and is engaged in the business of providing vehicle finance, home equity finance, business finance, stock broking and distribution of financial products to its customers. Within its businesses it has created a strong position in light commercial vehicle and used vehicle financing in India.

Creador Logo

Creador is a private equity firm focused on long-term investments in growth-oriented businesses in India headed by its Founder and Chief Executive Officer – Brahmal Vasudevan. (read more here)

Today, the PE firm sold almost its entire stake worth 219 cr. thereby accounting for a total return of over 418 cr. within a span of 4 years while the firm holds around 1 lakh shares worth over 9 cr. (this is with an initial investment of 106 cr.)

Transactions of PE Firm Creador in Cholamandalam Investment & Finance (CIF) June 2016_2

Cholamandalam Investment and Finance Company Share Price June 2016divider

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