Akme Fintrade to Raise ₹200 Million via NCDs, Expands Market-Based Funding Strategy

In a strategic step to strengthen its capital structure, Akme Fintrade (India) Ltd has approved the issuance of non-convertible debentures (NCDs) worth up to ₹200 million. The company, a non-banking financial institution focused on retail and MSME lending, is tapping into the debt capital market to support its growth ambitions.

Key highlights:

• The proposed issuance involves secured, listed, redeemable NCDs aggregating up to ₹200 million, to be raised in one or more tranches.
• The NCDs will be listed on the NSE, offering investors a transparent and tradable fixed-income instrument.
• Proceeds will be used to expand Akme Fintrade’s loan book, particularly in underserved rural and semi-urban markets.
• The move aligns with the company’s strategy to diversify funding beyond traditional bank borrowings.
• The issuance reflects growing investor confidence in structured debt instruments and Akme’s credit profile.

Sources: NSE India Corporate Debt Circular 1, Reuters, Akme Fintrade (India) Ltd regulatory filings.