WITKOPEEND B.V. Set to Acquire Niwas Housing Finance After Regulatory Clearances
WITKOPEEND B.V., a private equity firm affiliated with Baring Private Equity Asia EQT Mid-Market Growth Partnership, is moving forward with its acquisition of Niwas Housing Finance Private Limited. The National Housing Bank (NHB) of India has issued a No Objection Certificate (NOC), confirming that Niwas Housing Finance has no outstanding dues.
With this NOC in hand, WITKOPEEND B.V. will now purchase 100% of Niwas’s share capital from IndoStar Capital Finance Limited for INR 17.5 billion (approximately US$203.7 million). This follows the Reserve Bank of India’s (RBI) approval for the sale, granted on March 21, 2025.
Niwas Housing Finance, based in Mumbai, specializes in providing home loans to individuals, while the NHB serves as the primary regulatory and licensing body for housing finance companies across India.
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