Stock To Watch: Indiabulls Announces 70% Stake Acquisition Plan In Fintech Cloud; Shares Jump 50% YTD

Indiabulls shares will be in focus when the stock market resumes trading on Tuesday, i.e., September 15, 2026, after the company announced an agreement to acquire a 70 per cent stake in Fintech Cloud Private Limited for Rs 1,050 crore. With this, the diversified commercial services provider plans to enter the NBFC fintech space. The deal values Fintech Cloud's equity at Rs 1,500 crore. 

Following the announcement made via a regulatory exchange filing, the stock hit its 5 per cent upper circuit limit on Friday, September 11.

The acquisition will be made through a proposed scheme of merger approved by the National Company Law Tribunal (NCLT). As part of the arrangement, Indiabulls Fintech will issue up to 210 million newly minted, fully paid-up equity shares to the existing shareholders of Fintech Cloud, representing a 70 per cent stake.

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What activities does Fintech Cloud undertake?

Fintech Cloud Pty Ltd acts as a loan service provider (LSP) to several regulated financial institutions (REs). It provides technology infrastructure and support to NBFCs, including borrower verification, loan sanctioning, and ongoing loan management.

For the financial year 2025-26, the tech solutions company reported a total revenue of Rs. 133.77 crore and a profit before tax (PBT) of Rs. 30.31 crore. Indiabulls highlighted that this acquisition provides a strategic entry into the fintech ecosystem and expands its technology service offering for NBFCs.

Indiabulls Share Price

In the previous trading session, the company's shares closed at Rs 25.89 on the BSE, marking a 5 per cent (or Rs 1.23) jump from the preceding close of Rs 24.66. Per BSE Analytics, Indiabulls Ltd shares have gained 52 per cent year-to-date. Over the past six months, the stock surged more than 150 per cent, while its one-year gain stands near 50 per cent. Conversely, the scrip dipped over 4 per cent over the last 30 days.

The firm's market capitalisation stood at Rs 6,038.08 crore, with intraday trading touching a high of Rs 25.89 and a low of Rs 24.29. The stock has traded between a 52-week low of Rs 8.93 and a high of Rs 32.50.

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New Residential Agreement Finalised 

The company has also finalised an agreement with a private landowner to develop a residential complex on approximately 10.84 acres along the Dwarka Expressway in Gurugram.

Phases 1 and 3 have already received RERA approval and are targeted to be launched by mid-October 2026. With a saleable area of approximately 2.1 million sq ft, the project is expected to generate revenue of Rs. 3,700 crore. This will take the total gross development value (GDV) of all the company’s projects to Rs. 27,308 crore.

Disclaimer: This story is for informational purposes only. It should not be considered as investment advice. Please take consult with an advisor before investing.