An NBFC Focussing on Gold Loans looking for funds in Mumbai

Listing ID: SL014424
Posted By: Owner
Last Active: 6+ months ago
Verified User Information
emailEmail
phonePhone
googleGoogle
linkedinLinkedIn
facebookFacebook

Product / Service

We are a RBI Licensed Fintech NBFC focussing 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): 160,000,000

Corporate office is Located at Mumbai (Maharashtra)

Asking Price Includes

Equity/debt, we can discuss these terms with the interested investors.

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 15cr in 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.

Keywords

Business Tags

banking Equity Finance fintech gold investment via equity Loans nbfc Tie-up with multiple banks for co lending arrangements

₹10 to ₹200 Cr

Complete Investment Banking Solution in 120 Days

Seamless Fundraising/M&A transactions

Start your growth journey with our 25+ Years of Experienced Professional Team.

Share your Proposal

You may also like

Frequently Asked Questions

How to contact a business opportunity?
Click on CONTACT BUSINESS button on the business opportunity page to get connected. This allows you to gain access to contact details of opportunity in exchange with your details. Please note, getting contact detail of a business is called an introduction and each membership plan has different introduction credits. If you do not have any introduction credit in your account, you can neither connect nor get the contact details of that business opportunity.

How does IndiaBiz verify the business information?
Business opportunity is either posted by the business owner or advisor. After which, our team checks the information for completeness, language and accuracy. Once the basic checks are met; only then the opportunity is published.
We also get users feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks.
We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone / email.

What support can I expect from IndiaBiz?
Based on your membership plan you can get email/ phone/ online support for communication with the other side, account queries, etc.
If you are looking for a specific type of business opportunity - our Assisted Buying services can be useful.
Our Advisory team also provides support related to business valuation, business plan documents, franchise expansion plan at a fee. Contact sales team for more details on your requirements.

Click here to see how it works

As a seller, you are not allowed to contact another seller.

You cannot contact the seller as the Business Listing is On Hold

Error Occured

You cannot contact the seller as the Business is not available Anymore.

You cannot contact the seller as the Business is Sold.

Your mobile number is verified.
Your message will be sent after you have listed
your Buying requirements (takes 2-3 minutes).
Press Next.

Your message will be sent only after you have
verified your email-id. Please check your email.
Press Next.