Shriram Finance Acquires Full Stake in SOIPL to Enter Primary Dealership Market

Shriram Finance Limited, one of India’s leading non-banking financial companies, has taken a significant step towards expanding its presence in the financial sector. Through the complete acquisition of SOIPL, a promoter group entity, the company aims to strengthen its portfolio by entering the primary dealership space, which facilitates trading in government securities.

Strategic Acquisition to Strengthen Market Position

Shriram Finance Limited has disclosed the acquisition of 31,66,500 equity shares of Shriram Overseas Investments Private Limited (SOIPL), a non-banking financial company within its promoter group. The total transaction is valued at ₹50,11,93,620, with each fully paid share priced at ₹158.28. This deal, classified as a related party transaction, has been executed at an arm’s length based on fair market valuation.

Plans for Primary Dealership Operations

According to the official filing, the acquisition is a step towards launching primary dealership operations, subject to approval by the Reserve Bank of India. Shriram Finance has confirmed that SOIPL will become a wholly owned subsidiary upon completion of the transaction. The deal was approved by the Audit and Risk Committee, and the company has confirmed compliance with SEBI (LODR) Regulations, 2015, in the transaction process.

Read More: Shriram Finance Share Price Falls 9% After Q4 Results

Shriram Finance Share Performance 

As of May 07, 2025, at 10:50 AM, Shriram Finance share price is trading at ₹621.25 per share, reflecting a decline of 0.35% from the previous closing price. Over the past month, the stock has surged by 1.18%.

Conclusion

The acquisition of SOIPL by Shriram Finance marks a strategic entry into the government securities market through primary dealership. The development reflects the company’s broader vision to diversify and deepen its presence in the financial services ecosystem.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.