RBI Licensed Gold Loans NBFC Raising Funds in Mumbai
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Product / Service
We are a RBI Licensed Fintech NBFC focusing on Gold Loans.
Clientele type
We are direct to customer, branch model.
Our app is in development and should be live by May End '23
Premises
OWNED
Premise Size: 5500 sq ft
Market Value (in INR): 16.00 Cr
Corporate office is Located at Mumbai (Maharashtra)
Asking Price Includes
Equity is preferred but can be discussed with interested investors.
Asking Price
INR 4.00 Cr
Minimum ticket size
INR 1.00 Cr
Reason
We want to grow & demand is strong, Since it is NBFC business we constantly require funds to grow AUM.
Other Details
We are direct to customer, we have already raised INR 15 Cr which is used towards lending and building AUM. Seeking funds for expansion and build our AUM. Since the product we deal in is Gold, it is completely safe in an event of default by the customer. We want to expand in multiple states and have our presence in pan India company.
We are Business Group, started in 1938 and operating in various industries such as infrastructure, financial services, automobile, and manufacturing. We already have an NBFC that we established in 2017 and have disbursed loans exceeding 100 crore INR to date. Now, we are engaging into a new venture in the NBFC domain and seeking to secure funding for it.
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₹10 to ₹200 Cr
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