Cat B Running Nbfc from Mumbai for Sale
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This NBFC was originally started in the year 1996, current management acquired that in 2016 and started operations in 2017. This NBFC has four branches in with gross lending of aprx 40Cr to about 11500 clients. The focus of the NBFC is to provide unsecured loans to SMEs as well as JLG groups with ticket ranging from 25,000 to 10 Lakhs. The NBFC has also got registered with FIDC, which is SRO for NBFC in India. The entity has reflected exceptional portfolio quality with PAR>90 days of 0.12% as on December 2018. The outstanding portfolio is INR 24Cr as of December 2018, out of nearly 90% of them are group loans and rest are individual business loans. There are more than 50 employees working in the company. The average ROI is 26%-27% per loan. The entity is run by a competent management team. The group is looking to find a suitor for this business as finding it challenging to manage this along with three other business lines they are into. They are asking for only for actual outstanding portfolio and bit more.
Reason
The group is finding it challenging to manage this along with three other business lines they are into
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₹10 to ₹200 Cr
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