Lined Circle

At the end of July, Shriram Housing Finance had assets under control of Rs 10,000 crore.

Has unveiled a proposal called Vision 2026 to triple size 

The mortgage lender is in the process of selling shares to raise $100 million

Ravi Subramanian

managing director

Their goal, according to Ravi Subramanian, is to increase the AUM to Rs 30,000 crore by FY26.

It currently ranks third in terms of size, behind Aadhar Housing Finance and Aavas Financiers.

Over three-fourths of its clients are low- and middle-income people.

The company intends to introduce authorised project finance under new packages.

The AUM of Shriram Housing Finance doubled in just around 17 months, with a 44% compound annual growth rate.