Indiabulls to acquire 70% in Fintech Cloud for Rs 1,050 Cr via share swap

Listed-company acquisitionStrategic Transactions View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+5.0%Reaction day

₹26.14

prior close

₹27.44

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-3.3%+8.2% vs market

On the reaction day the stock moved 8.2 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+5.0-3.3+8.2

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+10.2-3.4+13.6

+13.1-2.6+15.7

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AI summary

Indiabulls Limited will acquire 70% of Fintech Cloud Private Limited for Rs 1,050 crore against an equity value of Rs 1,500 crore through an NCLT scheme of amalgamation. Deal is a share swap, with up to 21 crore equity shares of Indiabulls to be issued to selling shareholders. Fintech Cloud is a loan service provider for NBFCs with FY26 revenue of Rs 133.77 crore and PBT of Rs 30.31 crore. Not a related party transaction. Completion expected in 9-12 months subject to NCLT and SEBI approvals.

Likely market impact

Dilution for existing shareholders via share swap, but gives Indiabulls entry into fintech and NBFC tech segment. Revenue accretive if FY26 earnings sustain.