Finkurve Financial Services Secures NSE Listing Approval for 14 Crore Equity Shares

1 min read     Updated on 30 Sept 2025, 11:46 AM
scanx
Reviewed by
Naman SharmaScanX News Team
whatsapptwittershare
Overview

Finkurve Financial Services Limited received approval from NSE to list 14,00,19,206 equity shares on the NSE Main Board. Trading will commence on October 1 under the symbol 'FINKURVE'. The listing includes shares with varied lock-in periods. The company is already listed on BSE under scrip code 508954, achieving dual-listing status.

20758613

*this image is generated using AI for illustrative purposes only.

Finkurve Financial Services Limited has achieved a significant milestone in its journey towards broader market presence. The company recently received approval from the National Stock Exchange of India (NSE) to list 14,00,19,206 equity shares on the NSE Main Board, marking its debut on one of India's premier stock exchanges.

Listing Details

The approval, granted through an NSE letter dated September 29, paves the way for Finkurve Financial Services to commence trading on the NSE from October 1. The company's shares will trade under the symbol 'FINKURVE', offering investors a new avenue to participate in its growth story.

Share Specifics

The listing encompasses 14,00,19,206 equity shares with a face value of Re. 1 each, all fully paid up. This move is expected to enhance the company's visibility and potentially improve liquidity for its shareholders.

Lock-in Periods

Interestingly, the listing comes with varied lock-in periods for different tranches of shares:

Number of Shares Lock-in Period
12,69,07,457 Freely tradable from the listing date
1,149 Locked in until November 30
1,30,13,100 Lock-in period extending to February 27
97,500 Freely tradable

This staggered release of shares into the market is likely aimed at maintaining stability in the stock's price post-listing.

Dual Listing Status

It's worth noting that Finkurve Financial Services is already listed on the BSE Limited under the scrip code 508954. The NSE listing will provide the company with a dual-listing status, potentially broadening its investor base and enhancing its market presence.

Management's Communication

Kajal Parmar, Company Secretary & Compliance Officer of Finkurve Financial Services, communicated this development to the BSE on September 30. The company views this NSE listing as a significant step forward, aligning with its growth strategy and commitment to creating value for its shareholders.

As Finkurve Financial Services prepares to debut on the NSE, investors and market watchers will be keen to observe how this expanded listing impacts the company's market performance and liquidity in the coming months.

Historical Stock Returns for Finkurve Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
+2.88%+3.39%+0.24%-6.83%+14.97%+138.67%
Finkurve Financial Services
View in Depthredirect
like17
dislike

Finkurve Financial Services Unveils Ambitious Growth Strategy in Analyst Meet

2 min read     Updated on 19 Sept 2025, 12:44 PM
scanx
Reviewed by
Naman SharmaScanX News Team
whatsapptwittershare
Overview

Finkurve Financial Services, operating under the Arvog brand, will hold an Analyst/Institutional Investor Meet on September 23, 2025. The tech-enabled NBFC focuses on gold loans, which make up 89% of its AUM. With 83 branches across four states, the company serves over 70,000 active customers and disbursed INR 1,605.55 crore in FY2025. Finkurve reported a Gross AUM of INR 541.78 crore and PAT of INR 5.09 crore, maintaining low GNPA and NNPA ratios. The company aims to achieve a loan book of INR 10,000 crore by 2029, leveraging AI and integrated loan management systems. Backed by the Augmont Group, Finkurve is expanding its branch network and establishing co-lending partnerships with banks.

19811660

*this image is generated using AI for illustrative purposes only.

Finkurve Financial Services Limited , a tech-enabled Non-Banking Financial Company (NBFC), has announced an Analyst/Institutional Investor Meet scheduled for September 23, 2025, where it will present its growth strategy and operational highlights. The company, which operates under the Arvog brand, has positioned itself as a key player in the gold loan sector, leveraging technology to streamline lending processes.

Gold Loan Focus and Operational Highlights

Finkurve's business model centers around gold loans, which comprise 89% of its Assets Under Management (AUM). The company has established a strong presence with 83 physical branches across four states, serving over 70,000 active customers. In the fiscal year 2025, Finkurve disbursed INR 1,605.55 crore, maintaining an impressive average loan disbursal time of 30 minutes.

Financial Performance

The company's financial metrics reflect its growth trajectory:

Metric Value
Gross AUM INR 541.78 crore
Profit After Tax (PAT) INR 5.09 crore
Gross Non-Performing Assets (GNPA) 0.37%
Net Non-Performing Assets (NNPA) 0.17%

Finkurve maintains a CRISIL BBB/Stable rating, indicating a moderate degree of safety regarding timely servicing of financial obligations.

Strategic Vision and Future Goals

Arvog, the brand under which Finkurve operates, has set an ambitious target to achieve a loan book of INR 10,000 crore by 2029. The company aims to position itself as India's largest tech-driven gold loans company, leveraging cutting-edge technology to simplify and revolutionize gold-based lending.

Technology-Driven Approach

Finkurve's success is underpinned by its tech-enabled lending model:

  • Integrated Loan Management System (LMS) and Loan Origination System (LOS) for efficient processing
  • AI-driven image processing technology for enhanced gold assessment
  • Real-time surveillance and vault monitoring systems for improved security

Expanding Reach and Partnerships

The company has been actively expanding its presence:

  • Increased branch network from 64 to 83 in one year
  • Established partnerships with banks for co-lending of gold loans
  • Diversified lender profiles to enhance financial credibility

Market Position and Backing

Finkurve is backed by the Augmont Group, which operates India's largest gold and silver SPOT platform. This association provides the company with a strong foundation in the precious metals industry and access to a vast network of over 4 crore customers and 5,000+ agents and jewelers.

Investor Relations and Corporate Governance

The company has demonstrated a commitment to transparency and investor relations by organizing the upcoming Analyst/Institutional Investor Meet. This event will provide stakeholders with detailed insights into Finkurve's operations, financials, and future strategies.

As Finkurve Financial Services continues to grow its gold loan business and expand its tech-driven lending model, it remains focused on maintaining asset quality and improving operational efficiency. The company's strategic vision, coupled with its strong backing and technological edge, positions it well for future growth in the competitive NBFC sector.

Historical Stock Returns for Finkurve Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
+2.88%+3.39%+0.24%-6.83%+14.97%+138.67%
Finkurve Financial Services
View in Depthredirect
like17
dislike
More News on Finkurve Financial Services
Explore Other Articles