Piramal Finance
| Company type | Private |
|---|---|
| Industry | Financial services |
| Founded | 11 April 1984 |
| Founder | Rajesh Wadhawan |
| Headquarters | Mumbai, |
Key people |
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| Products | |
| Services | Financial Services |
| ₹6,712 crore (2023-24) | |
| ₹485 crore (2024-25) | |
| AUM | ₹80,689 crore (2025) |
Number of employees | 12,000+ (2023) |
| Parent | Piramal Group |
| Website | www |
Piramal Finance Limited (formerly Piramal Capital & Housing Finance Limited and Dewan Housing Finance Corporation Limited (DHFL)) is a non-banking financial company (NBFC–ICC) regulated by the Reserve Bank of India. It is a wholly owned subsidiary of Piramal Enterprises. The company provides retail and wholesale financial services including home loans, loan against property (LAP), MSME loans, used-vehicle financing, and corporate lending. Following the acquisition of DHFL in 2021, the company was rebranded as Piramal Capital & Housing Finance.
The company was established following the acquisition of Dewan Housing Finance Corporation Ltd. (DHFL) by Piramal Capital & Housing Finance Limited (PCHFL) in September 2021. This acquisition was the first successful resolution of a financial services company under the Insolvency and Bankruptcy Code (IBC) in India. The transaction was executed through a reverse merger, wherein PCHFL merged into DHFL, and the combined entity became a wholly owned subsidiary of Piramal Enterprises.
In April 2025, the Reserve Bank of India (RBI) approved the company's transition from a Housing Finance Company (HFC) to a Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC) and subsequently rebranded as Piramal Finance Limited.