M&A

M&A

Tata Capital acquires majority stake in gold loan player Yogloans

Press Release   Economic Times  

Mumbai -based Tata Capital is entering the gold loan market through the acquisition of a majority stake in the Kerala-based non-banking financial company (NBFC) Yogakshemam Loans, known as Yogloans. The transaction is structured through a share purchase from existing shareholders and a primary capital infusion of about INR 93 crore, based on a pre-money equity valuation of up to INR 318 crore. For FY26, the target company had reported a Turnover of INR 140.38 Cr, up from INR 129.97 Cr in the previous year. Upon completion of the transaction, Tata Capital will hold approximately 88.6% of the share capital (on a fully diluted basis) of Yogloans.Founded in 1991 by N. D. Narayanan, Yogloans operates a network of 162 branches across Kerala, Karnataka, Tamil Nadu, and Andhra Pradesh. As of March 31, 2026, the company managed assets worth INR 708 crore, claiming to have served about 32,000 gold loan customers. The firm also provides vehicle loans, business loans, consumer durable loans, term loans, and microfinance services.