Personal Loans Company Investment Opportunity in Madurai, India
Newly licensed Nidhi company, seeking funds to start operations and setup offices in Chennai.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Public Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Personal Loans |
| Locations | Madurai |
| Local Time | 4:04 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
580 thousand
for
20.0%
stake
(Native Currency: INR 50,000,000)
Reason: Want to establish branches in Madurai belt and Chennai.
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
ROC-Verification.pdf
(59.6 KB)
Business Overview
- We are a newly established Nidhi company, with license to provide mortgage and personal loan.
- Have 32 members who have actively invested in the company, through which we are able to provide loans.
- Company provides loans starting from 1 to 25 lakh INR, with a minimum tenure of 6 months to 5 years.
- We have provided loans to 80 customers, who are individuals as well as businesses. We give out loan only through member's references and post KYC.
- Our promoters and core members have more than 20 years of experience in banking sector.
- Looking forward to expand our customer base by setting up more branches in towns of Madurai belt and setup operations in Chennai as well.
- Have 32 members who have actively invested in the company, through which we are able to provide loans.
- Company provides loans starting from 1 to 25 lakh INR, with a minimum tenure of 6 months to 5 years.
- We have provided loans to 80 customers, who are individuals as well as businesses. We give out loan only through member's references and post KYC.
- Our promoters and core members have more than 20 years of experience in banking sector.
- Looking forward to expand our customer base by setting up more branches in towns of Madurai belt and setup operations in Chennai as well.
Products & Services Overview
Mortgage and Personal Loan.
Facilities Overview
Rented office of 800 Sq. Ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManager, Oil & Gas, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
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