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Open
8 Aug 2018
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Close
10 Aug 2018
3
Allotment
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Listing
Thu, Aug 23, 2018
Price Band
₹418 to ₹422
Issue Size
2,68,05,394 shares (agg. up to ₹1,131 Cr)
Lot Size
35 Shares
Listing Date
Thu, Aug 23, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.76x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 5,218.35 | 3,564.07 | 2,807.98 |
| Total Income | 875.21 | 709.26 | 466.72 |
| Profit After Tax | 124.64 | 80.30 | 83.24 |
| NET Worth | 1,427.08 | 690.41 | 459.24 |
| Reserves and Surplus | 1,299.46 | 605.12 | 386.92 |
| Total Borrowing | 3,602.86 | 2,668.24 | 2,233.32 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting its capital base to meet future capital requirements | 602.60 |
About CreditAccess Grameen IPO
Incorporated in 1991, Bengaluru based CreditAccess Grameen Limited is a company engaged in providing micro-loans to women in Rural Areas in India. According to CRISIL Research,as of March 31, 2017, the company is third largest NBFC-MFI in gross loan portfolio in the country. The company primarily focuses on providing income generating loans to women with low annual household income in Rural Areas. It also provides other types of loans for family welfare, home improvement and emergency funds.The loans are provided primarily under the joint liability group ("JLG") model. Income generation loans comprise 87.02% the total JLG loan portfolio. Presently the company covers 132 districts in the eight states (Chhattisgarh, Goa, Karnataka, Kerala, Maharashtra, Madhya Pradesh, Odisha, Tamil Nadu,) and Puducherry. It has a network of 516 branches and 4,544 loan officers.The Gross AUM was Rs 49,746.61 million as of March 31, 2018. The loan disbursements were Rs 33,488.46 million, Rs 34,026.29 million and Rs 60,817.22 million, the financial years ended March 31, 2016, 2017 and 2018 respectively. The net interest income was Rs 2,487.04 million, Rs 3,852.04 million and Rs 5,109.85 million for the
Contact Details
CreditAccess Grameen Ltd. AddressNew No.49 (Old No.725), 46th Cross, 8th BlockJayanagar, Next to Rajalakshmi Kalyan MantapBangalore UrbanBengaluru, Karnataka, 560071+91 80 2263 7300csinvestors@grameenkoota.orgVisit Website