IKF FINANCE LIMITED(‘the Company’ or ‘the Holding Company’)was registered as a non-deposit accepting Non-Banking Financial Company (‘NBFC-ND’) with the Reserve Bank of India (‘RBI’) and classified as a Non-Banking Financial Company- Asset Finance Company (‘NBFC-AFC’)with effect from May 2014. The company is one of the most prominent asset financing companies in South India. IKF Finance Limited provides finance for commercial vehicles, construction equipment, and other loans. The company’s primary focus is on financing the purchase of commercial vehicles, three-wheelers, cars & tractors. IKF Finance is also involved in asset management, for that purpose it has partnered with various banks and financial institutions. The company has launched Working Capital Loans to fulfill the emergency and daily needs of small road transport operators. There is very less competition in this particular area. This enables their customers to meet expenses arising out of unforeseen situations such as accidents, tax payments, overhauling of vehicles, etc.
IKF Finance Share Price, Share Details as of March 31, 2024
IKF Finance Outstanding Shares: |
70156445 |
Face Value of IKF Finance Share |
Rs. 10/- Per Equity Share |
ISIN of IKF Finance Share |
INE859C01017 |
Lot Size of IKF Finance Share |
100 |
IKF Finance Share Price |
Best In Industry |
PAN Number of IKF Finance |
AAACI4784J |
GST Number of IKF Finance |
37AAACI4784J3Z5 |
|
CIN of IKF Finance |
U65992AP1991PLC012736 |
|
Registration Date of IKF Finance |
30 May 1991 |
|
IKF Finance Registered office address and contact details |
40-1-144,3rd FLOOR, Corporate Centre, M.G.Road, Vijayawada, Andhra Pradesh-520010 |
|
IKF Finance Registrar and Transfer Agent address and contact details |
M/s. Bigshare Services Private Limited 306, 3rd Floor, Right Wing, Amrutha Ville Opp. Yashoda Hospital, Rajbhavan Road Somajiguda, Hyderabad- 500 082 |
|
Name and Description of main products/services |
NIC Code of the product/service |
% to the total turnover of the Company |
|
Non-Banking Financial Activity |
99711 |
100.00% |
Mr.V.G.K.Prasad (Managing Director)
Mrs.V.Indira Devi (Whole Time Director)
Mrs. K Vasumathi Devi (Executive Director)
Dr. Sinha S Chunduri (Director)
Mr .S Veerabhadra Rao (Independent Director)
Mr. K Satyanarayana Prasad (Independent Director)
Mr.Vinit Mukesh Mehta (Nominee Director)
|
Name of the Company |
% of shares held |
|
IKF Home Finance Limited |
91.48% |
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1 |
Promoters Shareholding |
3,00,53,253 |
42.83% |
|
2 |
Public Shareholding |
4,01,03,192 |
57.16% |
|
|
Total |
70,156,445 |
100.00% |
The Analysis Of Automobile Industry In India Market size is estimated at USD 126.67 billion in 2024, and is expected to reach USD 187.85 billion by 2029, growing at a CAGR of 8.20% during the forecast period (2024-2029).
The Indian economy has been expanding with the rise in disposable income of middle-class consumers. This, in turn, has a favorable impact on the increasing demand for automobiles. Vehicle manufacturing has increased rapidly over the last few years as a result of the country's low production costs. The automotive industry is gaining traction as vehicle manufacturing increases.
Increasing corporate interest in tapping into rural markets has been instrumental in driving the expansion of the Indian automobile industry. The surge in logistics and passenger transportation sectors is driving the demand for commercial vehicles. Prospective market growth is projected to be fueled by emerging trends such as the adoption of electric vehicles, particularly in the three-wheeler and small passenger vehicle segments. However, the primary challenge for the Indian automobile industry is regulatory compliance and adherence to stringent emissions standards.
The country stands as a notable player in automotive exports, with robust growth prospects anticipated in the coming years. Moreover, various government initiatives like the Automotive Mission Plan 2026, Scrappage Policy, and production-linked incentive schemes are poised to elevate India's status to a key global leader in the automotive sector.
SectorFinancial Service
LTP 1010.00 (+ 1.10 %)
Market Cap 80,190.32 Crore
EPS 30.99
PE32.59
BV 187.41
P/BV 5.39
FV 10
Shares793,963,539
SectorFinancial Service
LTP 9999.00 (-2.45 %)
Market Cap 15,893.01 Crore
EPS 598.25
PE16.71
BV 1276.69
P/BV 7.83
FV 10
Shares15,894,600
SectorFinancial Service
LTP 14.50 (-3.33 %)
Market Cap 8,754.90 Crore
EPS 0.22
PE65.91
BV 2.13
P/BV 6.81
FV 1
Shares6,037,864,375
SectorFinancial Service
LTP 7.75 (-3.13 %)
Market Cap 4,650.17 Crore
EPS -0.03
PE-
BV 0.40
P/BV 19.38
FV 1
Shares6,000,217,033
SectorFinancial Service
LTP 1650.00 (-2.94 %)
Market Cap 408,375.00 Crore
EPS 33.56
PE49.17
BV 96.87
P/BV 17.03
FV 1
Shares2,475,000,000
