IBL Finance Ltd

(IBLFL)

IBL Finance Ltd was originally incorporated as a Private Company in the name and style of IBL Finance Private Limited vide Certificate of Incorporation dated August 03 2017 at Ahmedabad. The Company was converted into a Public Limited Company and upon conversion the name of Company was changed to IBL Finance Limited vide a fresh Certificate of Incorporation dated May 22 2023 issued by the Registrar of Companies Ahmedabad.The Company commenced their lending business to selfemployed professional and small business entrepreneurs during the financial year March 31 2019. Subsequently from the Fiscal 2020 it migrated to fintech based financial services platform. As a technologydriven fintech company it leverage technology and datascience to make lending quick and easy. Through a Mobile App it launched a personal loan application on Google Playstore named IBL: Instant Personal Loan. As of March 31 2023 IBL personal loan business had an AUM of Rs. 14.62 Crores. To ensure the growth is sustainable the Company place strong focus on both credit quality and pricing in creating a profitable lending business.The Company is proposing an Initial Public Offer comprising of 6725000 Fresh Issue Equity Shares..

Share Price: ₹63.80 per share as on 06 Sep, 2024 04:01 PM
Market Capitalisation: ₹149.62Cr as of today
Listing date: 16 Jan, 2024
Chairperson Name: Manish Patel