Godrej Industries enters wealth management, targets Rs 1 lakh crore AUM by 2031
After scaling lending to Rs 27,000 crore AUM, Godrej Industries is launching Godrej Wealth for HNIs with Rs 2 crore+ investable assets. The unit will scale from 7-8 to 35 locations and chase Rs 1 lakh crore AUM by 2031, mirroring its lending ambition. A financial services listing is on the table within five years.
Godrej Industries is launching Godrej Wealth, entering wealth management for HNIs with Rs 2 crore+ assets. Targets Rs 1 lakh crore AUM each in wealth and lending by 2031, with potential financial services listing in five years.
Why this matters
Wealth push follows Godrej's lending scale-up to Rs 27,000 cr AUM and a Q4 profit that more than doubled to Rs 444 cr alongside a Rs 1,500 cr NCD raise, funding financial services expansion.
Retail-company signals steady at 1,671 over the last 90 days.