Fincare Business Fianance
-13.27 % 1 MAbout Fincare Business Fianance
A Comprehensive Overview of Price & Journey
Understanding Fincare Business Fianance Inception and Growth
Overview
Fincare Business Services Limited was incorporated on 1st August 2014, as a Private Limited Company. In 2016, Fincare Business Service Limited was converted into a Public Limited Company and transitioned to a Non-Deposit taking Systemically Important- Core Investment Company vide RBI Certificate of Registration dated 2nd February 2017, with its main objective of providing loans to its subsidiary Company, i.e, Fincare Small Finance Bank Limited and other group Companies.
There is increasing interest in the Fincare share price, with most monitoring Fincare Small Finance Bank share price updates and Fincare share price today.
Products and Services
Deposit Products
Savings Account
Fincare 101 Account
Current Account
Recurring Deposit
Retail Term Deposit
Loan Products
Micro Loan
Loan Against Property
Loan Against Gold
Affordable Housing Loan
Institutional Finance
Board of Directors
Mr. Bhavya Gulati, Non-Executive, Nominee Director
Mr. Ritesh Kumar Mandot, Non-Executive, Nominee Director
Ms. Nandini Parekh, Independent Director
Mr. Maninder Singh Juneja, Nominee Director, Non-Executive, Nominee Director
Mr. Satyaki Rastogi, Non-Executive Director, Nominee Director
Mr. Dasarath Reddy Gunnam Reddy, Executive Director, Managing Director
Mr. Satyanarayana Peravali, Independent Director, Independent Director
IPO Details
A prospectus has been filed by the company for a Rs 1330 crore IPO consists of Rs 330 crore in fresh equities and Rs 1,000 crore in offer for sale equity. Fincare SBF caters to the unbanked and underbanked populations in rural areas of India. With this, there is growing investor interest in the company and especially in the Fincare Small Finance Bank share price.
Competitors
AU SFB
Equitas SFB
Ujjivan SFB
Key Investors
Wagner Limited
Indium IV (Mauritius) Holdings Limited
Omega TC Holdings Pte. Limited
LeapFrog Rural Inclusion (India) Limited
True North Fund V LLP
Edelweiss Tokio Life Insurance Company Limited
Small Industries Development Bank of India
Kotak Mahindra Life Insurance Company Limited
Dividend Details
The Board of Directors did not distribute any dividends for the Financial Year 2023-24.
Subsidiaries
Fincare Small Finance Bank Limited
SHOW MORE...
Overview
Fincare Business Services Limited was incorporated on 1st August 2014, as a Private Limited Company. In 2016, Fincare Business Service Limited was converted into a Public Limited Company and transitioned to a Non-Deposit taking Systemically Important- Core Investment Company vide RBI Certificate of Registration dated 2nd February 2017, with its main objective of providing loans to its subsidiary Company, i.e, Fincare Small Finance Bank Limited and other group Companies.
There is increasing interest in the Fincare share price, with most monitoring Fincare Small Finance Bank share price updates and Fincare share price today.
Products and Services
Deposit Products
Savings Account
Fincare 101 Account
Current Account
Recurring Deposit
Retail Term Deposit
Loan Products
Micro Loan
Loan Against Property
Loan Against Gold
Affordable Housing Loan
Institutional Finance
Board of Directors
Mr. Bhavya Gulati, Non-Executive, Nominee Director
Mr. Ritesh Kumar Mandot, Non-Executive, Nominee Director
Ms. Nandini Parekh, Independent Director
Mr. Maninder Singh Juneja, Nominee Director, Non-Executive, Nominee Director
Mr. Satyaki Rastogi, Non-Executive Director, Nominee Director
Mr. Dasarath Reddy Gunnam Reddy, Executive Director, Managing Director
Mr. Satyanarayana Peravali, Independent Director, Independent Director
IPO Details
A prospectus has been filed by the company for a Rs 1330 crore IPO consists of Rs 330 crore in fresh equities and Rs 1,000 crore in offer for sale equity. Fincare SBF caters to the unbanked and underbanked populations in rural areas of India. With this, there is growing investor interest in the company and especially in the Fincare Small Finance Bank share price.
Competitors
AU SFB
Equitas SFB
Ujjivan SFB
Key Investors
Wagner Limited
Indium IV (Mauritius) Holdings Limited
Omega TC Holdings Pte. Limited
LeapFrog Rural Inclusion (India) Limited
True North Fund V LLP
Edelweiss Tokio Life Insurance Company Limited
Small Industries Development Bank of India
Kotak Mahindra Life Insurance Company Limited
Dividend Details
The Board of Directors did not distribute any dividends for the Financial Year 2023-24.
Subsidiaries
Fincare Small Finance Bank Limited
About Fincare Business Fianance
IPO Details, Price movement
Performance Highlights for FY 2023-24
The Company’s revenue from operations increased to Rs 2943 Crores in FY24 from Rs 1889 Crores in FY23.
The Total Expense (excluding finance cost and depreciation cost) increased from Rs 1086 Crores in FY23 to Rs 1406 Crores in FY24.
The Profit Before tax was Rs 103 Crores in FY23 and reached Rs 452 Crores in FY24.
The Profit After tax was Rs 82.4 Crores in FY23 and reached Rs 325.8 Crores in FY24.
There is a cash outflow of Rs 1431 Crores from Operating Activities.
The company spent Rs 353 Crores on Investing activity.
There is a cash inflow of Rs 2134 Crores from Financing activity.
Fundamentals
Financials
All values are INR Cr except per share value
| P&L Statement | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | 1703.00 | 1888.90 | 2942.80 |
| Other Income | 4.90 | 7.80 | 10.30 |
| Gross Profit | 1707.90 | 1896.70 | 2953.10 |
| Total Expense | 1136.50 | 1085.70 | 1406.00 |
| EBIDTA | 571.40 | 811.00 | 1547.10 |
| D&A | 36.20 | 41.20 | 46.30 |
| EBIT | 532.20 | 769.80 | 1500.80 |
| Interest Expense | 579.90 | 666.90 | 1048.60 |
| PBT | -44.70 | 102.90 | 452.20 |
| TAX | -15.40 | 20.50 | 126.40 |
| PAT | -29.30 | 82.40 | 325.80 |
| Diluted EPS | -0.73 | 1.87 | 7.84 |
| Basic EPS | -0.73 | 1.91 | 7.95 |
| Total income | 1,707.90 | 1,896.70 | 2,953.10 |
ASSETS
| CURRENT ASSETS | 2022 | 2023 | 2024 |
|---|---|---|---|
| Cash and Cash Equivalents | 1185.80 | 746.70 | 1097.10 |
| Trade Payables | 4.10 | 5.00 | 12.70 |
| Other Current Assets | 9518.10 | 12384.40 | 17159.20 |
| Total Current Assets | 10,708.00 | 13,136.10 | 18,269.00 |
| NON CURRENT ASSETS | 2022 | 2023 | 2024 |
|---|---|---|---|
| Plant Property and Equipment | 104.10 | 147.30 | 182.00 |
| Other Non Current Assets | 236.40 | 268.20 | 730.40 |
| Total Non Current Assets | 340.50 | 415.50 | 912.40 |
| Total Assets | 11,048.50 | 13,551.60 | 19,181.40 |
|---|
| CURRENT LIABILITES | 2022 | 2023 | 2024 |
|---|---|---|---|
| TRADW Payable | 36.60 | 46.70 | 104.10 |
| Other Current Liab | 9869.30 | 12204.30 | 17009.80 |
| NON CURRENTLIABILITIES | 2022 | 2023 | 2024 |
|---|---|---|---|
| Other Non Current Liab | 50.60 | 68.60 | 103.20 |
LIABILITIES
| EQUITY | 2022 | 2023 | 2024 |
|---|---|---|---|
| Share Capital | 33.00 | 33.00 | 33.10 |
| Other Equity | 1059.00 | 1199.00 | 1931.20 |
| Total Equity | 1,092.00 | 1,232.00 | 1,964.30 |
| Total Liabilities & Equity | 1,092.00 | 1,232.00 | 1,964.30 |
|---|
| CASH FLOW STAT | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Cash Flow from operating | - | -1128.70 | -828.80 | -1431.10 |
| Cash Flow from financing | - | 1436.70 | 612.70 | 2134.20 |
| Cash Flow from investing | - | -265.80 | -223.00 | -352.60 |
| Net cash flow | 0.00 | 42.20 | -439.10 | 350.50 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2026
| Name | Designation | Share % |
|---|---|---|
| Wagner Limited | NA | 17.75% |
| True North Fund V LLP | NA | 16.49% |
| INDIUM IV (Mauritius) Holdings Limited | NA | 16.40% |
| Omega TC Holdings Pte. Ltd | NA | 8.42% |
| Other | NA | 40.94% |
Events
| Name | Date | Details |
|---|---|---|
| No events available. | ||
Frequently Asked Questions
- The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.
- With BharatInvest, you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.
- 1. You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
- 2. Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
- The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
- When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
- A Public Unlisted Shares Is Not Listed on Stock Exchange, Where as a Listed Public Company Is Listed On Stock Exchange Such As BSE Or NSE For Trading Of Shares.
- If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unli sted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
- If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 12.5% without indexation benefits.
- After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
- Absoluetly NOT! Grey market is all about speculation relation to open price, subscription rate etc. And does not include physical delivery of shares. Whereas in pre ipo market you get to invest in shares much before the ipo too and it involves physical delivery of shares. It is compeletly legal and does not include any such speculation.
- Existing stakeholders, promoters or employees who have equity shares of an unlisted company and early investors who wish to get value of their investment.
- Yes, investing in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market.