Mantra Capital Limited Crosses ₹100 Crore Assets Under Management Milestone

2 min read     Updated on 28 Jan 2026, 11:08 AM
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Reviewed by
Naman SScanX News Team
Overview

Mantra Capital Limited (formerly Savani Financials Limited) announced crossing ₹100 crore in Assets Under Management (AUM) on January 28, 2026. The BSE-listed, RBI-regulated NBFC focuses on empowering entrepreneur-led businesses across general trade and green mobility sectors, particularly in South India. Management emphasized that this milestone reflects disciplined execution, strong governance, and commitment to supporting small entrepreneurs through thoughtful credit design and risk-calibrated underwriting.

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

Mantra Capital Limited (formerly Savani Financials Limited) has reached a significant milestone by crossing ₹100 crore in Assets Under Management (AUM), as announced in a media release dated January 28, 2026. The BSE-listed, RBI-regulated Non-Banking Financial Company (NBFC) filed this achievement under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements.

Milestone Achievement Details

The company's achievement of ₹100 crore in AUM represents a significant growth milestone in its journey as an NBFC focused on empowering entrepreneur-led businesses. This milestone reflects the company's strategic focus on providing access to finance for small and emerging entrepreneurs, particularly across South India.

Parameter: Details
AUM Milestone: ₹100 crore
Announcement Date: January 28, 2026
Business Focus: General trade and green mobility
Primary Market: South India
Regulatory Status: BSE-listed, RBI-regulated NBFC

Management Commentary

Deeptal Tracy, Managing Director of Mantra Capital, emphasized the significance of this achievement: "Crossing ₹100 crore in AUM is a meaningful moment for all of us at Mantra Capital. It reinforces our belief that thoughtful credit design, strong governance, and a people-first approach can create scalable and responsible growth. We remain focused on building a resilient institution that supports entrepreneurs while creating long-term value for all stakeholders."

Jatinder Mohan Singh Shah, Chief Executive Officer, highlighted the strategic approach behind this growth: "This milestone represents more than a number. It reflects the trust placed in us by our partners, investors, and the thousands of entrepreneurs we support. Our growth has been driven by a clear strategy — focusing on the right markets, the right products, and building a strong on-ground team backed by data and technology."

Business Strategy and Focus Areas

Mantra Capital's portfolio is anchored in income-generating credit solutions that support sustainable livelihoods and promote the adoption of green mobility. The company's growth strategy encompasses several key elements:

  • Regional Focus: Deep concentration on South India markets with expansion into Delhi NCR
  • Sector Specialization: General trade and logistics & mobility economy
  • Risk Management: Risk-calibrated underwriting processes
  • Technology Integration: Data and technology-backed operations
  • Sustainability Focus: Climate-positive outcomes through green mobility financing

Company Background

Mantra Capital Limited, formerly known as Savani Financials Limited, operates as a BSE-listed NBFC under RBI regulation. The company is headquartered in Mumbai and focuses on building access to credit for India's entrepreneur-led businesses. The organization designs sharp, risk-calibrated financial solutions specifically tailored for general trade and the expanding logistics and mobility sectors.

The company continues to strengthen its institutional foundations, technology stack, and governance framework to support its next phase of growth, building on the disciplined execution and regional expertise that enabled this AUM milestone.

Historical Stock Returns for Savani Financials

1 Day5 Days1 Month6 Months1 Year5 Years
+3.23%+1.15%-6.54%-18.69%-11.81%+50.10%

Mantra Capital Limited Completes ₹2 Crore NCD Allotment with 12.75% Interest Rate

1 min read     Updated on 20 Jan 2026, 08:25 PM
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Reviewed by
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Overview

Mantra Capital Limited successfully allotted ₹2.00 crores worth of secured non-convertible debentures on January 20, 2026, following approval from its Capital and Fundraising Committee. The allotment comprises 2,000 NCDs with ₹10,000.00 face value each, offering 12.75% interest rate and 36-month tenure. The debentures are secured with 1x coverage over receivables and comply with all SEBI regulations for private placement fundraising.

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

Mantra Capital Limited (formerly Savani Financials Limited) has successfully completed a significant fundraising initiative through the allotment of secured non-convertible debentures worth ₹2.00 crores. The Capital and Fundraising Committee of the Board of Directors approved this allotment during their meeting held on January 20, 2026, marking an important step in the company's capital expansion strategy.

Debenture Allotment Details

The committee approved the allotment of 2,000 secured, unlisted, and unrated non-convertible debentures with specific terms designed to attract investors while providing the company with necessary capital.

Parameter Details
Number of NCDs 2,000
Face Value per NCD ₹10,000.00
Total Issue Size ₹2,00,00,000.00
Interest Rate 12.75% per month
Tenure 36 months
Security Cover 1x over receivables

Meeting and Regulatory Compliance

The Capital and Fundraising Committee meeting commenced at 5:30 PM and concluded at 7:15 PM on January 20, 2026. This allotment follows previous intimations dated November 12, 2025, and January 12, 2026, regarding the company's plans to raise funds through secured, unlisted, unrated non-convertible debentures on a private placement basis.

The allotment has been conducted in full compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also adhered to SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Key Features and Security

The non-convertible debentures offer several important features for both the company and investors:

  • Unlisted Status: The NCDs will not be listed on any stock exchange
  • Security Coverage: Secured with coverage up to 1x over the company's receivables
  • No Special Rights: No special rights, interests, or privileges are attached to the instruments
  • Clean Payment Record: No delays or defaults in payment history reported

Company Information

Mantra Capital Limited, formerly known as Savani Financials Limited, operates from its registered office located at 602, Samarth Vaibhav CHS Ltd., Off Link Road, Lokhandwala Complex, Andheri (West), Mumbai - 400053. The company holds CIN L67120MH1983PLC031614 and trades under the scrip code 511577 with the scrip name SAVFI on BSE Limited.

The successful completion of this NCD allotment demonstrates the company's ability to access capital markets and execute its fundraising plans effectively, providing the necessary resources for its ongoing business operations and growth initiatives.

Historical Stock Returns for Savani Financials

1 Day5 Days1 Month6 Months1 Year5 Years
+3.23%+1.15%-6.54%-18.69%-11.81%+50.10%

More News on Savani Financials

1 Year Returns:-11.81%