Akme Fintrade
6.85
-0.02(-0.29%)
Market Cap₹292.32 Cr
PE Ratio8.06
Company Performance:
1D-0.29%
1M-4.73%
6M-7.81%
1Y-25.95%
5Y-94.86%
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More news about Akme Fintrade
13Nov 25
Akme Fintrade Reports 17% Profit Growth in H1 FY26, Expands Loan Portfolio
Akme Fintrade (India) Limited, an NBFC, reported strong financial results for H1 FY26. Net profit increased by 17.32% to ₹19.65 crore, driven by higher loan disbursements and increased net interest income. Gross interest income rose by 54.15% to ₹63.47 crore, while disbursements surged by 135.35% to ₹226.45 crore. The company's AUM grew by 54.80% to ₹767.46 crore, with advances up 10.98% to ₹677.76 crore. Asset quality improved with gross stage 3 assets at 2.96% and net stage 3 assets at 1.43%. The company maintains a strong capital adequacy ratio of 51.66% and plans to enter the gold loan business.
12Nov 25
Akme Fintrade (India) Limited Secures IRDAI Registration as Corporate Agent
Akme Fintrade (India) Limited has obtained a Certificate of Registration from IRDAI to operate as a Corporate Agent (Composite) under the Insurance Act, 1938. The registration is valid from November 10, 2025 to November 9, 2028, allowing the company to solicit insurance products to customers. This strategic move could potentially diversify Akme Fintrade's revenue streams and enhance customer relationships. The company has disclosed this development to the NSE and BSE in compliance with SEBI regulations.
07Nov 25
Akme Fintrade Approves INR 20 Crore Non-Convertible Debenture Issuance
Akme Fintrade (India) Limited has approved the issuance of Non-Convertible Debentures (NCDs) worth up to INR 20 crores through private placement. The NCDs will be senior, secured, listed, rated, transferable, and redeemable. They will be listed on the National Stock Exchange of India Limited with 1.25 times security coverage. The company has also scheduled a board meeting for November 13, 2025, to consider Q2 and H1 financial results.
16Oct 25
Akme Fintrade (India) Secures ₹30 Crore Through Debenture Issue
Akme Fintrade (India) Limited has approved the issuance of 30,000 Secured, Listed, Rated, Transferable, Redeemable, Non-Convertible Debentures (NCDs) worth ₹30 crores. The NCDs have a face value of ₹10,000 each, a coupon rate of 12% per annum, and a tenure of 30 months. The debentures will be secured against LAP/Equipment Loans/Business Loans, with the company maintaining a security value of 125% of the outstanding principal. The NCDs are proposed to be listed on NSE Limited, with monthly interest payments and principal payment on maturity.
09Oct 25
Akme Fintrade Board Approves ₹60 Crore NCD Issuance at 12% Coupon Rate
Akme Fintrade (India) Limited's board has approved the issuance of Non-Convertible Debentures (NCDs) worth ₹60 crores. The secured, listed NCDs will have a 12% coupon rate and a tenure of up to 30 months. Repayment is structured with 50% at 24 months and 50% at 30 months, with monthly interest payments. The company will maintain 1.25 times security coverage through LAP, Equipment Loans, or Business Loans. The NCDs will be privately placed and listed on the National Stock Exchange.
03Oct 25
Akme Fintrade to Consider INR 35 Crore Non-Convertible Debenture Issue
Akme Fintrade (India) Limited plans to issue Non-Convertible Debentures (NCDs) worth up to INR 35.00 crore. The Board of Directors will meet on October 9, 2025, to discuss and potentially approve this private placement of senior, secured, rated, listed, and transferable NCDs. The issue may be conducted in one or more tranches.
27Aug 25
ICICI Bank Sanctions Rs. 10 Crore Term Loan to Akme Fintrade
Akme Fintrade (India) Limited has obtained a term loan of Rs. 10 crore from ICICI Bank Limited. The company disclosed this information through a regulatory filing to the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The loan, amounting to Rs. 10,00,00,000, was announced by Manoj Kumar Choubisa, the Company Secretary and Compliance Officer. While the specific purpose of the loan is not revealed, it could potentially support Akme Fintrade's growth strategies or operational enhancements. The company has made this information available on its official website for shareholders and investors.
22Aug 25
Akme Fintrade Secures ₹50 Crore Through NCD Issuance
Akme Fintrade (India) Limited has raised ₹50 crore by issuing 50,000 Non-Convertible Debentures (NCDs) at ₹10,000 each. The NCDs, approved on August 22, have a 24-month tenure with a 12% annual coupon rate, payable monthly. They will be listed on NSE and maintain a 1.20 times security cover. The company also appointed M/s. Pachori Rupesh & Associates as internal auditor.
13Aug 25
Akme Fintrade Reports 27% Profit Surge, Approves ₹30 Crore NCD Issuance
Akme Fintrade (India) Limited announced strong Q1 results with net profit up 27.41% to ₹9.61 crore. Interest income rose 6.14% to ₹30.61 crore, while Assets Under Management grew 9.12% to ₹675.05 crore. The company's Board approved issuance of Non-Convertible Debentures up to ₹30 crore at 12% p.a. for 24 months. M/s. Ronak Jhuthawat & Co was recommended as new Secretarial Auditors. CEO Akash Jain expressed confidence in the company's growth strategy, focusing on MSME and vehicle lending segments.
08Aug 25
Akme Fintrade Plans INR 15 Crore Non-Convertible Debenture Issue, Reaffirms BBB+ Credit Rating
Akme Fintrade, an Udaipur-based NBFC, plans to issue NCDs worth up to INR 15 crore, with a board meeting scheduled for August 5, 2025, to approve the issuance. Acuité Ratings & Research has reaffirmed its 'ACUITE BBB+' rating for the company's bank facilities and proposed NCDs. The company's financial performance shows improvement, with increased networth, better gearing, enhanced collection efficiency, and improved profitability. Recent management changes are expected to strengthen the company's business profile. However, geographical concentration remains a challenge.
Akme Fintrade
6.85
-0.02
(-0.29%)
1 Year Returns:-25.95%
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