Indus Finance Ltd Company Summary

Indus Finance Limited was erstwhile incorporated as Subuthi Finance Limited in 1992. The name of the Company was changed from Subuthi Finance Limited to Indus Finance Corporation Limited on March 19, 2011 and again was changed from Indus Finance Corporation Limited to Indus Finance Limited with effect from January 22, 2015. Company was promoted by K V Balakrishnan and his Associates.

The object of the company is to carry on business as Non - Banking Finance Company. It is presently engaged in the financial services operations and offer diversified range of services which include corporate credit operations, investment banking operations, merchant banking operations and OTCEI operations. The company has obtained dealership status from the OTCEI.

It came out with a public issue of 18,00,000 equity shares of Rs 10 each for cash at a premium of Rs 20 per share aggregating to Rs 5.40 cr in Mar.96 for the augmentation of working capital.Key segments such as housing finance, microfinance, and consumer credit remained major growth drivers, supported by a rising middle class, targeted policy initiatives, and an ongoing push for financial inclusion.