About IKF Finance Unlisted Shares

IKF Finance Limited (IFL), as per the credit rating report, IKF is registered as an asset financing company and non-deposit-taking NBFC with the RBI and is primarily engaged in the business of vehicle and SME segment financing. The company also provides loans to smaller NBFCs. IKF has a presence across nine states namely Andhra Pradesh, Telangana, Gujarat, Tamil Nadu, Karnataka, Maharashtra, Madhya Pradesh, Kerala, and Rajasthan, through 134 branches. The company was incorporated in 1991 and has its registered office located in Andhra Pradesh.

Overview of IKF Finance Unlisted Shares

IKF Finance, established in 1991, is one of India’s leading Non-Banking Financial Companies (NBFCs), specializing in a broad range of financial services including vehicle loans, SME loans, and other asset financing solutions. Originally focused on meeting the financial needs of small road transport operators, IKF Finance has leveraged over 30 years of experience in the asset financing sector to diversify its product portfolio, now offering services like home loans. The company has built a strong presence across the country, particularly in the southern and western regions, with operations spanning 9 states, 52 cities, and 134 branches, including 64 in urban areas. Through this extensive network, IKF Finance primarily serves retail and corporate clients, focusing on financing commercial vehicles, construction equipment, and small and medium enterprises (SMEs), while maintaining a commitment to prudent risk management and catering to the financial needs of underbanked segments.

Products

1. Commercial Vehicle Loans: Financing for purchasing commercial vehicles like trucks, buses, and other heavy-duty vehicles.

2. Construction Equipment Loans: Loans for acquiring construction equipment such as excavators, bulldozers, and other machinery essential for construction activities.

3. Car and MUV Loans: Financing options for purchasing cars and Multi-Utility Vehicles (MUVs).

4. Tractor Loans: Loans specifically designed for farmers and agriculturists to purchase tractors and other agricultural equipment.

5. MSME Loans: Financial products aimed at Micro, Small, and Medium Enterprises (MSMEs) to help them with working capital needs, business expansion, or equipment purchase.

6. Home Loans: Loans provided for purchasing or constructing residential properties, including options for home improvement or extension.

Recent News

Hyderabad-based non-banking finance company (NBFC) IKF Finance has successfully raised ₹1,465 crore in a significant funding round led by Norwest Capital LLC, marking a key milestone in its growth journey. The investment, announced on May 15, 2025, includes both primary share issuances and secondary transactions, with Norwest contributing approximately ₹850 crore ($100 million) to the round. The funding round also saw participation from existing investor Motilal Oswal Private Equity, which reinvested after exiting its prior shareholding to Norwest. Additionally, IKF Finance is backed by Accion and its limited partners, reinforcing the company’s strong governance and institutional trust. According to K Vasumathi Devi, Managing Director of IKF Finance, the capital infusion will accelerate financing efforts, enhance distribution networks, and drive investments in technology and talent. “Backed by an experienced leadership team, strong governance, and a consistent track record, IKF is well-positioned to continue meeting the needs of Indian borrowers,” With a loan book of ₹6,700 crore as of March 2025 and industry-leading asset quality, the company is poised to expand its reach and provide inclusive financial solutions to underserved communities.