Aasaan Loans IPO

The Aasaan Loans IPO is set to launch on June 19, 2024, and will close on June 21, 2024. This IPO aims to raise Rs. 132 crores through a fresh issue. Here's everything you need to know about this investment opportunity.

Aasaan Loans IPO Details

The Aasaan Loans IPO Details are outlined below, providing essential information for potential investors.

Particulars Details
IPO Open Date June 19, 2024
IPO Close Date June 21, 2024
IPO Size Rs. 132 Crores
Fresh Issue Rs. 132 Crores
Face Value Rs. 10 Per Equity Share
Price Band Rs. 114 to Rs. 120 Per Share
Listing On BSE & NSE
Retail Quota 35%
QIB Quota 50%
NII Quota 15%

Checkout the List of Upcoming IPO.

About the Company

Aasaan Loans, officially known as Akme Fintrade India Limited, is a non-banking finance company (NBFC) established in 1996. The company is registered with the Reserve Bank of India as a non-systemically important non-deposit-taking company. Aasaan Loans primarily focuses on providing lending solutions to rural and semi-urban areas in India, catering to the needs and aspirations of these regions.

Key Highlights

  • Market Presence: Over two decades of lending experience in rural and semi-urban areas.
  • Product Portfolio: Includes Vehicle Finance and Business Finance Products for small business owners.
  • Geographical Footprint: Operates in Rajasthan, Maharashtra, Madhya Pradesh, and Gujarat with 12 branches and over 25 points of presence.
  • Digital Platform: Launching a digital lending platform soon, starting with two-wheeler finance and expanding to other products.

Aasaan Loans Financial Highlights

Aasaan Loans has shown consistent financial performance over recent years, as highlighted in the table below.

Year Revenue Expense PAT
2021 Rs. 86.79 Crores Rs. 67.59 Crores Rs. 16.31 Crores
2022 Rs. 67.50 Crores Rs. 59.91 Crores Rs. 4.12 Crores
2023 Rs. 69.57 Crores Rs. 49.52 Crores Rs. 15.80 Crores
Dec 2023 Rs. 53.45 Crores Rs. 38.29 Crores Rs. 12.25 Crores

Aasaan LoansStrengths & Weaknesses

Understanding the strengths and weaknesses of Aasaan Loans is crucial for making informed investment decisions.

Strengths Weaknesses
Extensive experience in rural and semi-urban lending High competition from other NBFCs
Strong financial performance and customer retention Dependence on the rural economy
Diversified product portfolio Regulatory risks
Wide geographical footprint Potential impact of economic downturns
Launch of a digital lending platform Operational challenges in new markets

How to apply in IPO via UPI on Dynami

A simple and smartest way to Apply in IPO online via Religare Dynami Mobile App

How to apply for Aasaan Loans Financial IPO ?

Retail investors need to apply for the IPO using UPI


  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe for Aasaan Loans Financial IPO and approve the payment on your UPI ID.

Demat Account

  • If you are an existing Dynami user, Pre-Apply Now!
  • For new investor, we offer free demat account opening offer on our web & Dynami App ensuring a smooth and hassle-free experience for your initial investments.

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