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WestBridge to Buy 15% of Edelweiss Asset Management for Rs 450 Crore

The deal values the fund house at about Rs 3,000 crore pending SEBI and CCI clearance.

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Overview

  • Edelweiss Financial Services said the investment supports its plan to unlock value and build Edelweiss MF as a more independent, institutionally governed asset manager.
  • The fund house manages Rs 1.52 lakh crore in AUM as of June 30, 2025 after a five-year 44% CAGR, with FY25 profit after tax of Rs 53 crore and a reported Rs 28 crore in Q1 FY26.
  • Coverage pegs the implied valuation at roughly 57x price-to-earnings, consistent with commonly cited industry ranges.
  • MD and CEO Radhika Gupta called the partnership a vote of confidence that can accelerate the next phase of growth.
  • Closing requires regulatory approvals, with Nomura advising EFSL and Khaitan & Co. and Trilegal engaged as legal counsel.