Avon Mercantile

Avon Mercantile Limited is officially registered with the Reserve Bank of India as a Non-Banking Financial Institution that does not take deposits from the public. The company's vision is to operate as a financier for a wide range of businesses, offering services like bridge loans and inter-corporate deposits. It positions itself as an excellent innovator in its field, which has allowed it to lead and stay competitive in the market. Its main business involves investment activities and providing financial support such as short-term loans and advances, specifically to its group companies. To manage business risks, the company has started taking strategic steps to diversify its offerings and become a multi-product company. Demonstrating a strong recovery, the company reported a profit of ₹14.26 Lakhs in the last financial year, reversing a loss of ₹291.21 Lakhs from the prior year.;