Since April 2025, Indian markets have seen $2 billion worth of clean out trades, where promoters and strategic investors sold large stakes in major companies. Key deals include Warburg Pincus exiting Home First Finance for ₹1,255 crores, Ant Financial’s ₹5,624 crores sale in Eternal, and the Adani group’s ₹3,733 crores stake sale in Adani Wilmar. Other notable exits came from Flipkart in AB Fashion, Ant Financial in Paytm, and British International in RBL Bank. With investment bankers expecting more such deals ahead, the clean out trade momentum is set to continue.Indian markets have seen clean out trades worth $2 billion since April 2025. These clean out trades are large block deals where promoters or strategic investors sell significant stakes.One of the recent deals was in Home First Finance, where Warburg Pincus sold its remaining 10.2% stake in a block deal, raising ₹1,255 crores. In August, Ant Financial sold its remaining 2% stake in Eternal, raising ₹5,624 crores.
In July, the Adani group sold nearly 10.2% of Adani Wilmar in a clean out trade that brought in ₹3,733 crores. June saw Flipkart exiting AB Fashion by selling its remaining 6.2% stake, raising close to ₹600 crores.
In May, Ant Financial sold its entire 5.8% stake in Paytm, raising nearly ₹4,000 crores. Back in April, British International sold its entire 3.2% stake in RBL Bank, raising ₹432 crores.Cumulatively, these large block deals have raised $2 billion since April 2025. According to investment bankers, the pipeline for such deals looks strong in the coming months.Continue Reading
