Latest news about Finkurve Financial Services
Finkurve Financial Services
67.08
-0.81(-1.19%)
Company Performance:
View Company Insights1D-1.19%
1M+6.21%
6M-40.79%
1Y-41.19%
5Y-41.19%
More news about Finkurve Financial Services
25Apr 26
Finkurve Financial Services Allots 93,500 ESOP Shares, Appoints Additional Director
Finkurve Financial Services Limited announced the allotment of 93,500 equity shares under the Finkurve ESOP Plan 2018 to two employees—CFO Mr. Aakash Nemichand Jain (60,000 shares) and Senior Manager-Accounts Mrs. Sugandhi Ravi Kumar (33,500 shares)—at an exercise price of Rs. 27 per share. The allotment increased the company's issued, subscribed, and paid-up capital from Rs. 14,00,50,488 to Rs. 14,01,43,988. Additionally, the board appointed Mr. Rajendran Chinna Veerappan as an Additional Director (Non-Executive Non-Independent) effective April 25, 2026, subject to shareholder approval. Mr. Veerappan brings over 44 years of experience in the banking and financial services sector, having previously served as CEO of CSB Bank, Chairman and Managing Director of Andhra Bank, and CEO of AMFI.
23Apr 26
Finkurve Financial Services Makes Timely Interest Payment on Non-Convertible Debentures
Finkurve Financial Services Limited successfully completed its monthly interest payment of Rs. 23,39,190.42 on Non-Convertible Debentures on April 22, 2026, four days ahead of the due date. The payment was made for NCDs with ISIN INE734I07099 having an issue size of Rs. 25,00,00,000, with the record date being April 11, 2026. The company maintained compliance with SEBI regulations and demonstrated timely debt servicing to all NCD holders.
14Apr 26
Finkurve Financial Services Promoter Releases Pledge on 59.25 Lakh Equity Shares
Finkurve Financial Services disclosed that promoter Ketan Kothari released a pledge on 59,25,000 equity shares on April 13, 2026. The shares were previously pledged to Muthoot Exim Private Limited for third-party obligations. Following the release, Ketan Kothari maintains 18.23% shareholding with zero encumbered shares, while other promoters continue to hold their respective stakes without any encumbrances.
07Apr 26
Finkurve Financial Services Submits Q4FY26 Depository Compliance Certificate to Stock Exchanges
Finkurve Financial Services Limited submitted its mandatory Q4FY26 compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 to BSE and NSE on April 07, 2026. The certificate from registrar MUFG Intime India Private Limited confirms proper handling of dematerialized securities during the quarter ended March 31, 2026, including timely processing, verification procedures, and updating of member registers as per regulatory requirements.
02Apr 26
Finkurve Financial Services Files SEBI Disclosure on Promoter Shareholding for FY26
Finkurve Financial Services Limited filed its mandatory SEBI disclosure under Regulation 31(4) for FY26, confirming no new promoter shareholding encumbrances beyond those already disclosed. The declaration was submitted by promoter Mr. Ketan Kothari on behalf of all six promoter group members to both BSE and NSE on April 02, 2026, ensuring regulatory compliance.
31Mar 26
CARE Ratings Assigns BBB+ Stable Ratings to Finkurve Financial Services' Debt Instruments
CARE Ratings has assigned BBB+ stable ratings to Finkurve Financial Services' ₹150.00 crore non-convertible debentures and ₹300.00 crore long-term bank facilities. The ratings reflect adequate capitalisation supported by ₹111.5 crore equity infusion in H1FY26 and substantial AUM growth to ₹833 crore as of December 31, 2025. The company maintains a comfortable capital adequacy ratio of 39.29% and focuses primarily on secured gold loans comprising 93% of its portfolio.
20Mar 26
Finkurve Financial Services Approves ₹25 Crore NCD Issuance with 11.16% Coupon
Finkurve Financial Services Limited's board meeting on March 20, 2026, approved raising ₹25 crore through 25,000 Non-Convertible Debentures at ₹10,000 each with 11.16% coupon rate and monthly interest payments. The secured NCDs will mature on December 26, 2027, and be listed on BSE Limited. The company also relocated its registered office within Mumbai's Kamala Mills Compound area.
11Mar 26
Finkurve Financial Services: Achieves Over ₹1,035 Crore In Assets Under Management
Finkurve Financial Services Limited has crossed ₹1,035+ crore in Assets Under Management, achieving nearly 10x growth compared to FY23. The tech-first gold loan NBFC has expanded its operations to 100+ branches across four states, serving over 50,000 customers through its branch-led phygital network and disciplined underwriting practices.
05Mar 26
Finkurve Financial Services Announces New Partnership for Co-Lending with Godrej Finance
Finkurve Financial Services has entered into a strategic co-lending partnership with Godrej Finance Limited under the RBI co-lending framework for gold loan products. The partnership features an 80-20 participation structure with Godrej Finance taking the larger share, enabling Finkurve to scale its gold loan portfolio while maintaining capital efficiency and disciplined risk management through its branch-led operating model.
25Feb 26
Finkurve Financial Services Board Approves ₹50 Crore NCD Issuance Through Private Placement
Finkurve Financial Services Limited's board approved raising ₹50 crore through 5,000 Non-Convertible Debentures of ₹1,00,000 each via private placement on Electronic Bidding Platform. The NCDs offer 12% coupon rate with 24-month tenure, maturing on February 26, 2028, with bullet payment structure. The issue will be secured by first ranking charge over company's receivables with 1.10x security cover and will be listed on BSE Limited.
13Feb 26
Finkurve Financial Services Reports Strong Q3 FY26 Growth in Maiden Earnings Call
Finkurve Financial Services reported strong Q3 FY26 results in its maiden earnings call, with AUM growing 118% to Rs. 833 crores and income up 31% year-on-year. The technology-enabled gold loan NBFC maintained superior asset quality with NPAs below 2% versus 3% industry average. Management outlined expansion plans targeting 40-50% growth in AUM and branch network over 1-1.5 years while maintaining conservative underwriting and focusing on sustainable growth.
11Feb 26
Finkurve Financial Services Submits Q3FY26 Monitoring Agency Report for Preferential Issue Proceeds
Finkurve Financial Services Limited submitted its Q3FY26 monitoring agency report showing utilization of Rs. 111.50 crores from preferential issue proceeds of Rs. 141.50 crores. The original issue size was reduced from Rs. 157.11 crores due to undersubscription. No additional funds were utilized during the quarter, with Rs. 30.00 crores remaining unutilized, representing pending warrant subscription amounts from holders who have 18 months to convert warrants into equity shares.
09Feb 26
Finkurve Financial Services Provides Q3 FY26 Earnings Call Recording Link
Finkurve Financial Services has made available the audio recording of its Q3 FY26 earnings call through its website and third-party platform. The company reported strong quarterly performance with Assets Under Management growing 119% year-on-year to ₹833.15 crore and total income increasing 31.19% to ₹52.47 crore, while maintaining robust asset quality with Net NPA at 0.54%.
06Feb 26
Finkurve Financial Services Receives Credit Rating Reaffirmation and Enhancement from Crisil
Crisil Ratings reaffirmed 'BBB/Stable' rating for Finkurve Financial Services' Rs.300 crore bank facilities and enhanced NCD ratings to Rs.300 crore total. The NBFC, operating as Arvog brand, reported Rs.671 crore AUM with 91% gold loans portfolio. Strong capitalisation with Rs.329 crore networth and 1.1 times gearing supports the rating, along with experienced management and promoter backing of 56.3% stake.
29Jan 26
Finkurve Financial Services Opens 100th Tech-Enabled Gold Loan Branch
Finkurve Financial Services Limited achieved a major milestone by opening its 100th tech-enabled gold loan branch on January 29, 2026. The company demonstrated remarkable growth from approximately 4 branches in 2021 to 100 branches today through its "phygital" strategy combining on-ground expansion with technology-first operations. The achievement reflects successful implementation of digital underwriting, centralized risk management, and technology-driven processes that have enhanced operational efficiency and customer experience.
30Dec 25
Finkurve Financial Services Board Approves ₹35 Crore NCD Fundraising Through Private Placement
Finkurve Financial Services Limited's board approved raising ₹35 crores through 35,000 Non-Convertible Debentures at ₹10,000 face value each via private placement on Electronic Bidding Platform. The NCDs offer 11.16% coupon rate with monthly interest payments, secured by first ranking charge on receivables, with allotment on December 31, 2025, and maturity on July 7, 2027. The debentures will be listed on BSE Limited under SEBI regulations.
29Dec 25
Finkurve Financial Services Completes NCD Interest Payment Worth ₹51.28 Lakh
Finkurve Financial Services has successfully completed interest payments totaling ₹51.28 lakh on its Non-Convertible Debentures ahead of schedule, demonstrating strong debt servicing capabilities. The payments covered two NCD series with a combined value of ₹50 crores, with the company maintaining its monthly payment frequency and full regulatory compliance.
13Oct 25
Finkurve Financial Services CEO Amit Shroff to Step Down by October 31, 2025
Amit Shroff, CEO of Finkurve Financial Services Limited, has resigned citing personal reasons. The resignation will be effective from October 31, 2025, at the close of business hours. The company disclosed this information in a regulatory filing to the BSE and NSE on October 13, 2025, complying with SEBI regulations. No successor has been announced yet.
30Sept 25
Finkurve Financial Services Secures NSE Listing Approval for 14 Crore Equity Shares
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.
19Sept 25
Finkurve Financial Services Unveils Ambitious Growth Strategy in Analyst Meet
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.
18Aug 25
Finkurve Financial Services Reports Robust 66% YoY AUM Growth in Q1
Finkurve Financial Services Limited, a tech-first gold loan NBFC, reported robust Q1 results. Key highlights include a 66.01% year-over-year increase in Asset Under Management to INR 541.78 crores, 40.47% growth in total income to INR 40.04 crores, and a 16.06% rise in Profit After Tax to INR 5.09 crores. The company expanded its branch network by 29.68% to 83 branches and maintained healthy asset quality with a gross NPA ratio of 0.37%. Finkurve also raised approximately INR 111.50 crores through a preferential issue and entered the Tamil Nadu market with its first branch in Chennai.
11Aug 25
Finkurve Financial Services Approves Rs 22 Crore Non-Convertible Debenture Issuance
Finkurve Financial Services Limited approved the issuance of 2,200 Non-Convertible Debentures (NCDs) worth Rs 22 crore. Each NCD has a face value of Rs 1 lakh, offering an 11.75% coupon rate for a 36-month tenure. The NCDs will be secured against the company's receivables and are proposed to be listed on BSE Limited. Interest payments will be made quarterly, with an additional 1% interest rate applicable in case of default.
05Aug 25
Finkurve Financial Services Schedules Board Meeting to Consider Non-Convertible Debentures Issuance
Finkurve Financial Services has scheduled a board meeting for August 11 to discuss and potentially approve the issuance of Non-Convertible Debentures (NCDs) through private placement. The proposed debentures have a face value and issue price of Rs. 1,00,000 each and will be offered via an Electronic Bidding Platform. This move is part of the company's strategy to explore funding options and could provide additional capital for operations or expansion.
31Jul 25
Finkurve Financial Services Secures BSE Trading Approval for 13 Crore Preferential Equity Shares
Finkurve Financial Services Limited obtained BSE approval to trade 1,30,13,100 new equity shares from July 23, 2025. The shares, issued at Rs. 78 each on a preferential basis to non-promoters, have a face value of Re. 1 and a premium of Rs. 77. This development could potentially boost the company's capital base and market liquidity.
Industry Peers
Bajaj Finance
Shriram Finance
Jio Financial Services
Muthoot Finance
Cholamandalam Investment
SBI Cards
Sundaram Finance
M&M Financial Services
Authum Inv & Infr
Poonawalla Fincorp
910.45
(-0.19%)
937.90
(+0.30%)
233.06
(-0.46%)
3,311.40
(-6.22%)
1,546.30
(-1.33%)
626.00
(-0.88%)
4,608.10
(-0.43%)
320.65
(-0.08%)
505.50
(-0.02%)
413.35
(-1.75%)
Get More Market Insights with
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
