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Akme Fintrade (India), an NBFC established in 1996, is registered with the Reserve Bank of India as a non-systemically important non-deposit taking company. With over two decades of lending experience in rural and semi-urban areas of India, the company offers financial solutions tailored to these regions' needs and aspirations. Their portfolio includes vehicle and business finance products aimed at small business owners. Akme Fintrade has a strong history of serving rural and semi-urban markets, demonstrating high growth potential, consistent financial performance, operational efficiency, high rates of customer acquisition and retention, and low-cost expansion into underpenetrated areas. The company focuses strategically on clients in rural and semi-urban sectors. Additionally, their digital lending platform, www.aasaanloans.com, is under development and will be launched in phases.
Akme Fintrade (India) Ltd. is a well-established player in vehicle finance and small business lending, with a customer-centric approach and a deep understanding of its target market. The company has access to diverse capital sources, effective asset liability management, and utilizes a Hub and Spoke business model to improve efficiencies and reduce costs. At the upper price band, the company's valuation stands at a P/E of 27.64x and a P/BV of 1.52x, with a post-issue market cap of ₹5,121 million and a return on net worth of 7.72%.
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