Indiabulls Share Price in Focus; To Acquire 70% Stake in Fintech Cloud for ₹1,050 Crore

Indiabulls Limited is buying its way into the fintech space. The company has signed a definitive agreement to acquire 70% of Fintech Cloud Private Limited for ₹1,050 crore, based on an equity valuation of ₹1,500 crore, as per the exchange filing.  

The transaction will be done through an NCLT Scheme of Amalgamation. Indiabulls will also take majority control of Fintech Cloud's board. 

Fintech Cloud's Business 

Fintech Cloud works as a Loan Service Provider (LSP) for regulated entities, offering technology support across loan origination, underwriting and servicing. It operates in the NBFC technology solutions space. 

The company was incorporated in January 2021 and has an India presence. Its turnover was nil in FY24 and FY25 before rising to around ₹133.77 crore in FY26, when it reported a PBT of ₹30.31 crore.   

Deal Will Be Settled Through Shares 

Indiabulls is not paying the ₹1,050 crore consideration in cash. Instead, it will issue up to 21 crore fully paid-up equity shares to the shareholders holding the 70% stake in Fintech Cloud. 

The share issuance will form part of the proposed NCLT-approved scheme and will be subject to the applicable pricing requirements.  

Indiabulls To Get Majority Board Control 

The acquisition will give Indiabulls 70% ownership of Fintech Cloud, along with the right to appoint the majority of its directors with immediate effect. 

The company expects the transaction to take around 9 to 12 months to complete. Indiabulls also said its promoters and promoter group have no interest in Fintech Cloud and that the transaction is not a related-party transaction.   

Read More: IndusInd Bank Share Price in Focus; Introduces Overdraft and Cash Credit Linked Corporate Credit Card for Businesses! 

Indiabulls Share Price Performance  

As of 11 September 2026, Indiabulls Limited share price closed at ₹26.14 per share, reflecting a surge of 4.98% from the previous trading session. 

Conclusion 

Indiabulls has agreed to acquire 70% of Fintech Cloud for ₹1,050 crore, with the consideration proposed through an issue of up to 21 crore shares. The transaction will take the company into fintech through Fintech Cloud's technology business serving NBFCs. 

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