CreditAccess Grameen NCD

Issue price
Face Value
Issue Size
₹100 Crores
Minimum Investment
₹10 (10 NCDs)
AA-/Stable by India Ratings
Listing on
Issue Opening Date
14 November 2022
Issue Closing Date
17 November 2022
Mode of Issue
KFIN Tech0
Mode of allotment and Trading

About The Issuer

CreditAccess Grameen Limited is a leading Indian micro-finance institution headquartered in Bengaluru. The company focus predominantly on customers in Rural areas in India, who largely lack access to the formal banking sector and present a latent opportunity for offering micro-loans. As of September 30, 2022, the company have a presence in 333 districts in 14 states (Karnataka, Maharashtra, Madhya Pradesh, Tamil Nadu, Kerala, Odisha, Chhattisgarh, Goa, Bihar, Jharkhand, Gujarat, Rajasthan, Uttar Pradesh and West Bengal) and one union territory (Puducherry) in India through 1,684 branches and 16,018 employees, serving active consolidated customer base 132 of 38.0 lakhs, as of September 30, 2022. As per the financial data 31/03/22, the company has a Total Assets of Rs. 17395 Crore, Total Liabilities and Borrowings of Rs. 13318 Crore, Total Revenue of Rs. 2750 Crore and Profit after Tax of Rs. 357 Crore.

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