Akme Fintrade India Limited

Company Overview

Akme Fintrade India Limited was incorporated in 1996 and operates as a Non-Banking Financial Company (NBFC) providing lending solutions to rural and semi-urban communities in India. The Company offers vehicle finance and business finance products for small business owners, salaried professionals, and self-employed individuals, with a focus on financing new two-wheelers and three-wheelers, including scooters, motorcycles, and auto-rickshaws.

The Company operates in Rajasthan, Maharashtra, Madhya Pradesh, and Gujarat, with its registered office in Udaipur, Rajasthan, and corporate office in Mumbai, Maharashtra. As of December 31, 2023, it maintains 12 branches and over 25 points of presence, combining digital and physical touchpoints, and has served more than 200,000 customers.

Akme Fintrade India Limited employs 125 permanent staff members and structures its operations to support vehicle and MSME financing in rural and semi-urban markets, with an emphasis on operational efficiency and responsible lending practices.

Issue Type
SME IPO (Initial Public Ofer)
Issue Size
₹132.00 Cr
Listing Date
26 June 2024
Exchange
BSE & NSE

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