Akme Fintrade (India) Limited
Issuer Overview
The Udaipur based, AFIL was incorporated in 1996 and received a certificate of Registration from Reserve Bank of India (RBI) on
April 07, 1999, to commence NBFC business. Earlier, the company was a deposit taking NBFC; however, in 2019, the company
surrendered its Deposit taking license to RBI and converted to non-deposit taking systematically important NBFC.
AFIL was founded by Nirmal Kumar Jain, a qualified Chartered Accountant with over 25 years of experience in the finance domain.
The company is engaged in financing two wheelers, four wheelers, used commercial vehicles and loan against property (LAP) and
operates in rural locations through 29 branches spread across Rajasthan, Madhya Pradesh, Gujarat, Maharashtra, and Delhi NCR.
Brief Financials (₹ crore) March 31, 2024 (A) March 31, 2025 (A) H1FY26(UA)
Ownership
Private Ownership