NBFC for Sale in Ernakulam, India
NBFC that provides gold loans with 8 branches and a head office in Kerala.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Public Limited Company |
| Reported Sales | USD 160 thousand |
| Run Rate Sales | USD 206 thousand |
| EBITDA Margin | 11 % |
| Industries | NBFC |
| Locations | Ernakulam |
| Local Time | 2:10 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
335 thousand
(Native Currency: INR 30,000,000)
Reason: Want to retire and sell the business.
Includes physical assets worth
USD
112 thousand
Interested to connect with advisors
Business Overview
- Non-banking financial company (NBFC) specializes in offering gold loans, with a strong presence in Kochi, operating through 8 branches and a head office in Kerala.
- Gold loans are the exclusive financial product offered, where gold ornaments, sourced directly from Kerala, serve as collateral.
- The primary client base consists of everyday individuals who require quick access to capital, with average loan amounts ranging from INR 10,000 to INR 20,000.
- The company maintains an impressive record of zero non-performing assets (NPA) over a decade of operations, showcasing a proven track record of effective risk management.
- The business generates revenue through charging an average interest rate of 20% per annum on the gold ornament loans provided to its customers.
- Gold loans are the exclusive financial product offered, where gold ornaments, sourced directly from Kerala, serve as collateral.
- The primary client base consists of everyday individuals who require quick access to capital, with average loan amounts ranging from INR 10,000 to INR 20,000.
- The company maintains an impressive record of zero non-performing assets (NPA) over a decade of operations, showcasing a proven track record of effective risk management.
- The business generates revenue through charging an average interest rate of 20% per annum on the gold ornament loans provided to its customers.
Products & Services Overview
Gold loans are provided against gold ornaments. Borrowers are individuals seeking loans in low ticket sizes.
Assets Overview
Tangible assets: Furniture like chairs, tables, air conditioners etc which are worth approximately under INR 1 cr (total cost of assets of all 8 branches and head office)Intangible assets: RBI license, gold worth INR 9 cr in the form of security against loans.
Facilities Overview
There are 8 branches and one head office, all rented.Each branch is 1,200 sqft and all have only one floor.
Head office is 500 sqft.
Rent per branch is INR 15,000 monthly.
Capitalization Overview
The business is self funded and has zero loans/debt. Shares and debentures are worth INR 4 cr and working capital is worth around INR 5 cr.
Recent Activity
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Earlier than 15 daysCo-Founder, Movies Trading And Content Rights Distribution, Chennai, Individual Investor / Buyer connected with the Business
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