Akme Fintrade IPO

Akme Fintrade India Ltd, a non-banking financial company (NBFC) incorporated in 1996, is into traditional lending, catering to the long- and short-term financing needs of salaried and small business owners in rural and semi-urban areas. Its portfolio comprises mainly vehicle finance and business finance products. The company currently operates across four Indian states - Rajasthan, Maharashtra, Madhya Pradesh, and Gujarat. With 9 physical branches and 23 digital points of presence, the company has served over 2,00,000 customers as of the date of filing for the IPO with the Securities and Exchange Board of India (SEBI). Akme is undergoing a digital transformation, and its digital lending platform - www.aasaanloans.com - has been rolled out for user acceptance testing (UAT) to select users seeking two-wheeler loans. ;