A NBFC is looking to raise funds for expansion

By fundgini

Posted On: 06 / Oct / 2023

0 161

Deal Details

Annual

Deal Type

Debt Finance

Maximum Loan

Industry

NBFC

Charge

Deal Status

Active

Deal Description

It is almost a 3 decade old leading microfinance institution in North India
Registered as NBFC in the year 2017
The NBFC is currently operating in Uttar Pradesh, Bihar & West Bengal
Caters to Self Help Groups and Joint Liability Groups
Estimated untapped market potential - $40 Bn for Small ticket MSME loans
Authorised capital - 20 cr, Net Owned Fund - 7 cr, Net Worth - 14 cr, Assets - 15 cr
FY 23 Revenue from Operations - 1.11 cr, Net Loss - 23 L
FY 22 Revenue from Operations - 1.43 cr, Net Loss - 7.12 cr

Ref - Arvind Pawar

No Files Attached

Deal Value

₹ 1 Lakhs

Targeted Region

Asia Pacific

Revenue

2019-20

Undisclosed

2020-21

Undisclosed

2021-22

Undisclosed