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    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 12:54 PM Asia / Kolkata
    Listed By Business Owner / Director
    Status Moderately Active
    Overall Rating
    5.7 / 10
    Compare with industry
    Partial Stake Sale
    USD 600 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
    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.

    Products & Services Overview

    Mortgage and Personal Loan.

    Facilities Overview

    Rented office of 800 Sq. Ft.

    Capitalization Overview
    Not Disclosed
    Recent Activity
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    Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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