Bain Capital through a block deal will be raising Rs.750 crore, by selling 2.12% or about a fifth of its holding in L&T Finance.

Bain Capital currently owns 10.72% stake in L&T Finance.  It had brought the stake at approx Rs.75 per share and now it is planning to sell it at Rs.180-185 per share.

Further, it will generate a return of over 150% on its 2 year old investment in L&T Finance, by selling its stake in the firm and moreover, the transaction will help Bain Capital monetize a part of its investment.

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