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Business ID :- LB09147

A Micro NBFC Available for sale in Mumbai

India , Maharashtra , Mumbai

  • Asking Price : 18 crores
  • Revenue : 7.1 crores

Category

Financial Services

Sub Category

NBFC

Legal Entity

Private Limited

State of Business

Running Profitable

Employees

40

Year of Establishment

1996

Assets

NA

Re-locatable

Yes

A Micro NBFC Available for sale in Mumbai

India , Maharashtra , Mumbai

  • Asking Price : 18 crores
  • Revenue : 7.1 crores

A Running micro NBFC is available for sale in Mumbai with 5 branches and customer base of more than 10,000 customers. company is professionally managed by an experience professional and has 40 employees. Company took his NBFC license business in year 2017. Companies main business includes group loan with average ticket size of about Rs. 30,000/- (Business model popularly known as a joint liability group(JLG)in microfinance industry) the main model can be changed in course of time. company is also gives business loan upto Rs. 2,00,000?- to micro business enterprises (this is 10% of the total portfolio ) Company is ready for the takeover of 100% shares of private limited company with successful track records of microfinance business. The company have regular loan account, no any overdue of liabilities and having the excellent track record with NBFC.

Products & Services

NBFC

Competition / Market

NA

Growth Potential

Encourage women entrepreneurship and formalising the process of lending and hence bring discipline in borrowing by low- income group

Reason for Sale

Other Business

Infrastructure Details

  • Type: Leased
  • Description: Rental premises

Business Documents

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