Tata Capital has announced the acquisition of an 88.6% stake in Kerala-based Yogakshemam Loans Limited (Yogloans), marking its entry into India’s rapidly expanding gold loan market. The acquisition will be completed through a combination of purchasing shares from existing shareholders and a primary capital infusion of around ₹93 crore, subject to regulatory approvals. The transaction values Yogloans at a pre-money equity valuation of up to ₹318 crore.
The acquisition aligns with Tata Capital’s strategy of expanding and diversifying its retail lending business by adding a secured lending product with strong growth potential. Gold loans have witnessed rising demand in recent years due to increasing gold prices and the growing preference for collateral-backed credit.
Headquartered in Thrissur, Kerala, Yogloans is an RBI-registered NBFC focused primarily on gold loans. As of March 31, 2026, the company had assets under management (AUM) of ₹708 crore and operates 162 branches across Kerala, Karnataka, Tamil Nadu, and Andhra Pradesh, serving around 32,000 customers.
Following the completion of the transaction, Yogloans will become a subsidiary of Tata Capital. The company’s promoter and Managing Director, Unnikrishnan Idicharm Veetil, will continue to lead the business, ensuring operational continuity while benefiting from Tata Capital’s financial strength and nationwide reach.
The acquisition also positions Tata Capital to compete more directly with established gold loan players such as Muthoot Finance and Manappuram Finance. The company believes the partnership will strengthen its retail lending franchise while supporting Yogloans’ expansion into new markets and customer segments.
