Yogloans is a Reserve Bank of India (RBI)-registered non-banking financial company (NBFC) focused primarily on gold loans.
Under the proposed all-cash transaction, Tata Capital will acquire around 88.6% of Yogloans’ issued and paid-up share capital (on a fully diluted basis) through a combination of a capital infusion and purchase of shares from existing shareholders.
The deal is based on a pre-money equity valuation of up to ₹318 crore, subject to customary adjustments. It also includes a primary capital infusion of around ₹93 crore to support Yogloans’ future growth plans.
The acquisition is subject to regulatory approvals and customary closing conditions.
The transaction gives Tata Capital access to an established gold loan platform as it expands its retail lending portfolio.
As of March 31, 2026, Yogloans had assets under management (AUM) of ₹708 crore, served around 32,000 gold loan customers, and operated through 162 branches across Kerala, Karnataka, Tamil Nadu and Andhra Pradesh.
The company, headquartered in Thrissur, Kerala, was established in 1991 and also offers vehicle loans, business loans, consumer durable loans, term loans and microfinance loans.
Following the acquisition, Yogloans’ Promoter and Managing Director Unnikrishnan Idicharm Veetil will continue to lead the company, according to Tata Capital. The company said it intends to consolidate Yogloans at an appropriate stage after the transaction, subject to the required approvals.
Commenting on the development, Rajiv Sabharwal, Managing Director and CEO of Tata Capital, said the acquisition adds a secured lending product to the company’s retail lending portfolio and supports its strategy of building a diversified lending franchise.
Tata Capital, the flagship financial services company of the Tata Group, operates as an RBI-registered NBFC-ICC. As of March 31, 2026, it had a distribution network of 1,477 branches across 27 states and union territories.
