<ul><li>Star Housing Finance plans to raise up to ₹50 crore to support its four-fold growth in Assets Under Management (AUM).</li><li>The company aims to open 80-85 new branches in the next three years in states like Uttar Pradesh, Chhattisgarh, and Telangana to enhance its reach.</li><li>Star HFL currently operates 35 branches across six states and is looking to list its equity shares on the National Stock Exchange of India.</li><li>The funds raised through the equity raise will be utilized solely for growth purposes, with plans to increase AUM to ₹1000-1500 crore in about two-and-a-half years and to ₹2,000 crore in three years.</li></ul>

Star Housing Finance to bolster capital base with equity raise of up to ₹50 cr

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