Akme Fintrade (India) Limited is a non-deposit taking NBFC incorporated in 1996. It operates across Rajasthan, Madhya Pradesh, Maharashtra, Gujarat, and Delhi, providing vehicle and business finance.
Debenture trustee
MITCON Credentia Trusteeship Services Limited
Issuance date
10 Sep 2026
Key terms
Upgraded rating to ACUITE A-/Stable reflects healthy capitalization and growth.
Secured by a first-ranking exclusive charge on book debts with 1.10x cover.
Supported by an unconditional and irrevocable personal guarantee from promoters.
Returns & Cashflow
Units
10
Monthly Interest PayoutPrincipal Paid Across Schedule
₹99,678.08Principal Invested
₹27,553.6Interest earned
₹1,27,553.6Final Payout
Interest Payout Schedule
Interest payout schedule for selected units, with payout date, interest amount, and principal amount.
Payout Date
Interest (₹)
Principal (₹)
10 Nov 2026
₹985.2
--
10 Dec 2026
₹953.4
--
10 Jan 2027
₹985.2
--
10 Feb 2027
₹985.2
--
10 Mar 2027
₹889.9
--
10 Apr 2027
₹985.2
--
10 May 2027
₹953.4
--
10 Jun 2027
₹985.2
--
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Moderate — GNPAAsset quality
46.37%Capital adequacy
61% portfolio in RajasthanGeographic
2.91%GNPA
₹459.03 CrNet worth
1.41%NNPA
₹42.32 CrPAT
10.98%ROE
Financial Trend
YoY +8.3% ↑
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Issuer and structure highlights
Experienced Management
Over two decades of experience in the financial services domain guided by an established promoter group and professional management.
Healthy Capitalization
Capital base fortified by recent equity infusions and an IPO, providing strong buffers and lower gearing levels.
Sustained Growth
Consistent growth in AUM and disbursements, demonstrating steady market penetration in rural and semi-urban areas.
Key Risks
Geographic Concentration
High dependence on Rajasthan, which accounts for approximately 61% of the on-book loan portfolio.
Asset Quality Vulnerability
Moderate asset quality with recent marginal deterioration; exposure to softer borrower profiles in rural lending.
Regulatory Risk
Subject to extensive RBI prudential norms and potential impacts from any tightening in NBFC asset classification rules.
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Summarised from the issuer's disclosures and the rating rationale. Read the full offer document and rating rationale before investing.
Rating upgraded by AcuitéHigh Capital AdequacyExperienced Management
A-Apr 2026
Rating rationale summary
The upgrade to ACUITE A-/Stable reflects sustained loan portfolio growth, improved earning profile, and a healthy capital structure following recent equity infusions, despite geographic concentration.
Summary points
AUM grew by ~39% reaching Rs. 862.62 Cr by Dec 2025.
Healthy capital structure supported by promoters' equity infusion and
Geographically concentrated with ~61% portfolio in Rajasthan.
Rating history timeline
Mar 2023
Upgraded from ACUITE BB+
Feb 2024
Upgraded from ACUITE BBB-
May 2025
Upgraded from ACUITE BBB
Apr 2026
Upgraded from ACUITE BBB+
Outlook implications
The Stable outlook reflects Acuite expectation that the company will maintain its growth trajectory and profitability metrics over the medium term without significantly compromising on asset quality.
Implications for investors
The rating upgrade signals an improving credit profile, reducing default risk for investors.
Adequate liquidity buffers and healthy capitalization provide a strong safety net for interest servicing.
Personal guarantee from the promoter provides an additional layer of credit enhancement.
Watch for: Deterioration in asset quality metrics, high gearing levels, and any depletion in liquidity buffers.
Rating Drivers
Capital Structure
Positive
Healthy capitalization post IPO
Scale of Ops
Positive
Sustained AUM and loan growth
Asset Quality
Monitored
Marginal rise in GNPA levels
Concentration
Negative
High exposure to Rajasthan
How this issuer compares to peers
Benchmark yield, balance-sheet strength, and risk indicators against similar issuers to make the credit case easier to validate.
Where it stands out
Established track record in rural and semi-urban geographies
Vehicle Finance MSME LendingOver two decades of lending experience with a robust network of branches across 5 states, particularly strong in Rajasthan.
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Invest
Selected investment units: 10
Trade & Settlement
Settlement date
16 Oct 2026
Orders placed after 4 PM will be executed on the next business day. Weekends and exchange holidays are skipped.
Totals (For Selected Units)
Price per Unit
₹9,967.81
Investment amount
₹99,678.08
Total Interest
₹27,553.6
Total Receivable
₹1,27,553.6
Regulatory Assurance Panel
Key Information Document
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