The AKME Fintrade Date Will Be Updated Soon .
AKME Fintrade is a Non-Banking Finance Company that was established in 1996 by the Reserve Bank of India to make loans in India’s semi-urban and rural areas. Small business owners are largely served by the company’s auto finance and business finance solutions.
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AKME Fintrade GMP
The AKME Fintrade IPO GMP is ₹[].
IPO Overview
Akme Fintrade, established in 1996, is an NBFC registered with the Reserve Bank of India. With more than 20 years of lending experience, they focus on providing financial solutions to rural and semi-urban areas in India. Their main objective is to cater to the needs and aspirations of the people living in these regions.
AKME Fintrade has seven branches and 20+ presence sites in four Indian states: Rajasthan, Maharashtra, Madhya Pradesh, and Gujarat. So far, it has served over 200,000 consumers. On the financial front, on September 30, 2022, the lender had an AUM of Rs. 32398.52 lakhs. The net worth was Rs. 15145.7 lakh at the time. The GNPA and NNPA for AKME Fintrade were 4.87% and 3.84%, respectively.
AKME Fintrade Company Financials
| Particulars | Period ending on September 30, 2022 (Rs. million) | Year ending on March 31, 2022 (Rs. million) | Year ending on March 31, 2021 (Rs. million) |
| Revenue from Operations | 3,135.63 | 6,486.94 | 8,416.86 |
| Profit After Tax (PAT) | 614.76 | 412.07 | 1,630.49 |
| EBITDA | 2,173.78 | 4,328.43 | 6,790.53 |
| EBITDA Margin | 68.91% | 66.43% | 80.67% |
| EPS (Basic) | 2.49 | 1.68 | 6.68 |
| ROE | 4.06% | 3.01% | 12.52% |
Company Profile
Akme Fintrade (India) Limited is an unlisted public company incorporated on February 5, 1996. It is classified as a public limited company located in Udaipur, Rajasthan. Its authorized share capital is INR 50.00 cr, and the total paid-up capital is INR 31.67 cr. Akme Fintrade (India) Limited’s operating revenues range is INR 1 cr – 100 cr for the financial year ending on 31 March, 2020. It’s EBITDA has increased by 12.51 % over the previous year. The Corporate Identification Number (CIN) of Akme Fintrade (India) Limited is U67120RJ1996PLC011509.
The registered office of Akme Fintrade (India) Limited is at AKME BUSINESS CENTRE (ABC), 4-5 SUBCITY CENTRE, SAVIN CIRCLE, OPP. KRISHI UPAZ MANDI, UDAIPUR, Rajasthan. A Company report by Tofler is an easy-to-read PDF report that includes company’s financial information, ratio analysis, management, group structure, shareholding pattern and more. It lets you compare financials of several companies and study performance trends.
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
