Our Company was originally incorporated as `Akme Fintrade (India) Private Limited' as a private limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated February 5, 1996 issued by the Registrar of Companies Rajasthan, Jaipur. Thereafter, our Company was converted to a public limited company, pursuant to a special resolution passed by the shareholders of our Company at the extra-ordinary general meeting held on January 05, 1997 and the name of our Company was changed to `Akme Fintrade (India) Limited' and a fresh certificate of incorporation dated March 11, 1997 was issued to our Company by the Registrar of Companies, Rajasthan, Jaipur. The CIN of our Company is U67120RJ1996PLC011509.
Major events and milestones: 1996 -Incorporation of the Company.
1997 -Conversion of the Company from a private limited company into public limited Company.
1999 -Registration with RBI as Deposit taking NBFC
2012 -Care BB rating assigned by CARE to bank facilities.
2014 -New loan products introduced namely three wheeler & four wheeler loans.
2015 -Achieved AUM of ? 8689.50 lakhs and loan disbursement of ?7115.86 lakhs during FY 2015-16.
2016 -Expanded business of operation in Maharashtra.
2017 -Geographical reach to Madhya Pradesh -Achieved AUM of ?33891.02 lakhs and loan disbursement of ? 26354.44 lakhs during FY 2017-18 -Launch of new products namely business (secured).
2018 -Geographical reach to Gujarat.
2019 -ECB received from World Business Capital INC., USA -The Company was granted NBFC-ND-SI registration on achievement of asset size ?50,000,00 lakhs. -Achieved AUM of ?47405.06 lakhs and loan disbursement of ?29172.90 lakhs
2020 -Issue of Rated, Listed, Unsubordinated, Secured, Transferable, Redeemable, Non- Convertible Debentures of ? 1000.00 lakhs on a private placement basis to Union Bank of India.
2021 -Achieved loan portfolio of ?42100.78 lakhs, total income of ? 8,679.38 lakhs and loan disbursements of ? 5377.60 lakhs as on March 31, 2021
2022 -Digital journey initiated through launch of www.aasaanloans.com
2024
-The Company has launched a new product.
2025
-The Company has splits its face value from Rs. 10/- to Rs. 1/-.
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