CreditAccess Grameen Limited (BSE: 541770, NSE: CREDITACC), the country’s largest Non-Banking Financial Company-Micro Finance Institution (NBFCMFI), today, 10 March 2026, announced that,

The Company has secured a syndicated social loan facility of USD 75 million (INR 680 to 700 crore), qualifying as an ECB under the automatic route of the Reserve Bank of India. Source: BSE

The foreign currency borrowings are for a tenure of 3–5 years.

This transaction reinforces the company’s strong track record of raising international funds through innovative financing solutions, a spokesperson added.

With this transaction, the Company has secured over USD 300 million in commitments from development financial institutions, global banks, and impact investors in FY 2025-26.

ALSO READ – Innovision IPO Review

Lead Arranger

HSBC acted as the Sole Mandated Lead Arranger (SMLA) and Bookrunner for the social loan fund raise, securing participations from –

HSBC (Gift City),

Bank of China Ltd. (China),

Doha Bank (Qatar),

State Bank (Mauritius) Ltd.

National Development Bank Plc (Sri Lanka).

Refer to creditaccess grameen news for more details.

CreditAccess Grameen Secures $75 Million Loan for Inclusive Growth

CFO Speaks –

Speaking about the fundraiser, Mr. Nilesh Dalvi, Chief Financial Officer, CreditAccess Grameen, said,

We are pleased to partner with HSBC, having successfully secured offshore financing that further strengthens our global funding reach.

The foreign currency borrowings with a tenure of 3–5 years significantly enhance our asset-liability management (ALM) profile and liquidity position.

Our sustained efforts to build strong relationships with leading global lending institutions have enabled us to increase the share of foreign borrowings from 9% to 24% over the past 5 years, while consistently reducing our incremental cost of funds.

This disciplined approach allows us to extend affordable financing solutions to our microfinance customers and deepen our commitment to financial inclusion.

MUST READ – Happy Forgings Limited (Value Pick Stock March 2026)

The company’s market capitalization is ₹19,400 Cr.

The stock is currently trading below its (20-day) and (200-day) SMA.

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post CreditAccess Grameen Secures $75 Million Loan for Inclusive Growth appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Aye Finance Ltd, a middle-layer non-banking financial company in India, made a muted debut on the stock market on February 16, 2026.

The muted listing comes after the initial public offering (IPO) of the non-banking financial company (NBFC) saw a tepid response (subscribed 97 percent) during February 09-11.

The share of Aye Finance is listed at ₹129 apiece on the National Stock Exchange, which marks nil premium over the IPO price.

The Stock made a high of ₹133.80 and a low of ₹120.55 before closing at ₹128.80 (down 0.16%) on the NSE at the market’s close.

In terms of volumes, Aye_Finance traded with 9,822,584 shares on the NSE.

The Company had launched its IPO in February to raise ₹1,010 crore, a fresh issue of ₹710 crore and an OFS of ₹300 crore by Alpha Wave India, CapitalG, LGT Capital, MAJ Invest, and Vikram Jetley.

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8 February 2026

Aye Finance Limited, a non-banking financial company that provides loans to micro-scale MSMEs across India, is planning to raise ₹1,010 crore through an Initial Public Offering.

[Fresh Issue ₹710 Cr + OFS ₹300 Cr]

Aye Finance IPO price is ₹122 – ₹129 per share

Aye Finance: History

The company was originally incorporated as Doda Finance Private Limited, at Jalandhar, Punjab, India, as a private limited company under the provisions of the Companies Act, 1956, on August 12, 1993.

The Company was then converted into a public limited company. Its name was subsequently changed to Aye Finance Limited, as per a fresh certificate of incorporation issued by the Registrars of Companies on December 10, 2024.

Aye Finance: Business

Aye Finance Limited is a non-banking financial company – middle layer (NBFC-ML) focused on providing loans to micro scale micro, small, and medium enterprises (MSMEs) across the nation.

The Company offers secured and unsecured business loans (to micro-scale MSMEs) for working capital, including

• Mortgage Loans,
• ‘Saral’ Property Loans,
• Secured Hypothecation Loans, and
• Unsecured Hypothecation Loans,

It offers loans for business expansion needs, against hypothecation of working assets or against security of property to clients across the manufacturing, allied agriculture, trading, and service sectors.

Average Ticket Size (ATS)

The Company offers small-ticket business loans with an average ticket size (ATS) of ₹1.5 lakh to micro enterprises.

Asset Under Management (AUM)

According to the CRISIL Report, Aye_Finance is the key NBFCs with 508,224 active unique clients across 18 states and three union territories (UTs), with assets under management (AUM) of ₹4,980 croce as of September 30, 2024.

ALSO READ – Fractal Analytics IPO Review

Strategies Ahead

• Increasing AUM by penetration in the target segment
• Growing mortgage loan portfolio
• Leveraging data sciences and technology for improving productivity & scalability
• Improving operating leverage
• Optimizing borrowing costs and diversifying the lender base

Company Promoters

1. Govinda Rajulu Chintala (Chairman & Independent Director)
2. Sanjay Sharma (Founder & Managing Director)

Refer to Aye Finance IPO DRHP for detailed information.

IPO Details

Aye Finance IPO date: 9 Feb – 11 Feb 2026

Minimum Amount: ₹14,964

Minimum Bid: 116 Shares

Face Value (FV): ₹2

Listing On: NSE, BSE

Financial

Book Running Lead Managers

Axis Capital

IIFL Capital Services

JM Financial

Nuvama Wealth Management

CONCLUSION

FinBlab recommends ‘MAY APPLY‘ ratings on Aye Finance IPO.

Do come back to know more about “upcoming ipos“

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Aye Finance IPO Review – Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Resignation of Independent Director

HDB Financial Services Ltd (HDFC Bank’s subsidiary) on January 23, 2026, said that Mr. Arijit Basu (DIN: 06907779) has tendered his resignation as the Non-Executive Independent Director & Chairman of the Company with immediate effect, for reasons as mentioned in the resignation letter.

Refer to Hdb financial services latest news today for more details.

In the second half of the day, private lender IndusInd Bank Ltd said that its part-time Chairman and director Sunil Mehta will step down effective, January 30, 2026, post the completion of his tenure and Arijit Basu will take over as an Additional Director and part-time Chairman of the Bank for a period of three years, effective from January 31 this year, till January 30, 2029.

IndusInd Bank also stated that the appointment of Mr. Basu was approved by its board of directors, based on the nod from the Reserve Bank of India (RBI) and recommendations made by the Compensation and Nomination & Remuneration Committee.

Arijit Basu currently serves as the Chairman of HDB Financial Services. He was also the managing director (MD) of the State Bank of India (SBI), prior to which he served as the MD and CEO of SBI Life Insurance Company.

The Stock made an intraday high of ₹718 and a low of ₹694 before ending at ₹695.40 (down 2.60%) on the NSE.

LAST ARTICLE – Amagi Media Labs IPO Review

15 July 2025

Update

Q1 FY 2026 Results

HDB Financial Services Limited (HDBFS), a non-deposit taking non-banking finance company (NBFC) has presented its Q1 FY 2026 numbers today during market hours.

Asset Under Management (AUM) of the company was at INR 1,09,690 crore as on June 30, 2025 compared to INR 95,643 crore as on June 30, 2024, a growth of 14.7% Y-o-Y basis.

Net total income was at INR 2,726 crore as on June 30, 2025 compared to INR 2,387 crore as on June 30, 2024, a growth of 14.2% Y-o-Y basis.

Profit After Tax was INR 568 crore as on June 30, 2025 compared to INR 582 crore as on June 30, 2024, de-growth of 2.41%.

Branch count stood at 1,771, spread across 1,166 cities and towns in India.

The Company came up with an IPO in June 2025 and raised INR 12,500 crore via offering.

25 June, 2025

HDB Financial Services Limited, a leading Non-Banking Financial Company (NBFC) in India, is planning to raise INR 12,500 crore via IPO.

[Fresh Issue 2500 crore + OFS 10,000 crore]

Hdb financial services ipo price is INR 700 – 740 per share

HDB Financial Services: History

The Company was incorporated as HDB Financial Services Limited under the Companies Act, 1956 under a certificate of incorporation issued by the RoC, Gujarat, Dadra & Nagar Haveli in Ahmedabad on June 4, 2007.

The Reserve Bank of India (RBI) granted a certificate of registration on December 31, 2007, to the Company to carry on the business of a non-banking financial institution without accepting public deposits.

Also Read – Kalpataru IPO review

HDB Financial Services: Business

According to the CRISIL Report, HDB Financial Services Ltd is one of the leading, diversified retail-focused NBFCs in India in terms of Total Gross Loan book size.

The Company began its journey in 2007 as a subsidiary of HDFC Bank Limited (the largest private sector bank in India, in terms of total assets).

HDB Financial offers a large portfolio of lending products that cater to a growing and diverse client base through a wide omni-channel distribution network.

The Company’s lending products are offered through 3 business verticals –

1. Enterprise Lending,
2. Asset Finance, and
3. Consumer Finance

The Company also offers business process outsourcing (BPO) services such as back-office support services, collection, and sales support services to the Promoter company as well as fee-based products such as the distribution of insurance products primarily to the lending clients.

Loan Book

The Company’s total Gross Loans stood at 986.2 billion as of September 30, 2024, reflecting a CAGR of 20.93 percent between March 31, 2022 to September 30, 2024.

Assets Under Management

Assets Under Management (AUM) of the Company stood at 902.3 billion as of March 31, 2024, reflecting a CAGR of 21.18 percent between Fiscal Year 2022 and Fiscal Year 2024.

Network

With a strong branch network of 1,771 branches across 1,170 towns and partnerships with over 1,40,000 retailers, HDB Financials serves 19.2 million clients, growing at a 25.45 percent CAGR.

Strategies Ahead

• Diversify and expand addressable client segments by widening and enhancing product offerings.
• Expand pan-India omnichannel distribution network
• Invest in technology, data analytics, and artificial intelligence to further improve client experience, increase organisational productivity, and decrease costs
• Diversify borrowing profile to optimise borrowing costs
• Strengthen and improve risk management framework as well as underwriting and collections capabilities to minimize the risk of credit losses
• Attract, upskill, and retain talented employees by strengthening organizational culture

Company Promoter

HDFC Bank Limited

IPO Details

IPO date = 25 June to 27 June 2025

Minimum Amount = INR 14,800

Minimum Bid = 20 Shares

Face Value (FV) = INR 10

Listing On = NSE, BSE

Book Running Lead Managers

BNP Paribas,

JM Financial Limited,

Bofa Securities India Limited,

Goldman Sachs (India) Securities Private Limited,

HSBC Securities & Capital Markets Pvt Ltd,

IIFL Capital Services Limited,

Jefferies India Private Limited,

Morgan Stanley India Company Pvt Ltd,

Motilal Oswal Investment Advisors Limited,

Nomura Financial Advisory & Securities (India) Pvt Ltd,

Nuvama Wealth Management Limited,

UBS Securities India Private Limited

Financials

Last Article – Sambhv Steel Tubes IPO review

CONCLUSION

FinBlab recommends ‘SUBSCRIBE‘ ratings on HDB Financial Service IPO (keeping a long-term view in mind)

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post HDB Financial Services IPO – Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹6,846 Cr + OFS ₹8,666 Cr]

Tata capital ipo price is ₹310 – ₹326 per share

Tata Capital: History

The Company was originally incorporated as Primal Investments & Finance Limited, a public limited company under the Companies Act, 1956, on March 8, 1991.

The name of the Company was then changed to Tata Capital Limited for the purposes of brand visibility, and a fresh certificate of incorporation was issued by the RoC on May 8, 2007.

LAST ARTICLE – WeWork India IPO Review

Tata Capital: Business

Tata Capital Ltd (TCL) is a subsidiary of Tata Sons Private Limited and carries on business as a non-banking financial company (NBFC).

Tata Capital and its subsidiaries are engaged in providing (supplying) a wide array of services (products) in the financial services sector and operate across various areas of business, such as –

• Commercial Finance,
• Consumer Loans,
• Wealth Services, and
• Distribution and Marketing of Tata Cards

Through its comprehensive suite of over 25 lending products (the Lending Business), the company caters to a diverse client base comprising large corporations, entrepreneurs, small and medium-sized enterprises (SMEs), salaried and self-employed individuals, and small businesses.

According to the CRISIL Report, Tata Capital is –

• The third largest diversified NBFC in India with Total Gross Loans of ₹2,265.5 billion as at March 31, 2025,
• The fastest growing large diversified NBFCs in India based on growth in Total Gross Loans, and
• Has a track record of sustained growth while maintaining asset quality, as evidenced by metrics such as Gross Stage 3 Loans Ratio of 1.9%, Net Stage 3 Loans Ratio of 0.8% and Provision Coverage Ratio (PCR) of 58.5%, which are among the best across large diversified NBFCs in India as at March 31, 2025.

Since commencing its lending business in 2007, the company has served 7 million clients up to March 31, 2025.

Distribution Network

As of 30 June 2025, the company operated 1,516 branches across 27 states and union territories in India, supported by digital platforms and partnerships with OEMs, DSAs, and dealers.

Strategies Ahead

• Continue to grow by enhancing product offerings and strengthening the distribution network.
• Strengthen credit underwriting, risk management framework, and collections infrastructure to maintain high asset quality.
• Leverage technology and data analytics across the lending value chain to enhance efficiency, reduce costs, improve customer experience, and manage risks.
• Maintain credit ratings and a diversified liability mix to optimize our borrowing costs.
• Attract, train, and retain talented employees.

Company Promoters

1. Tata Sons Private Limited

Refer to Tata Capital IPO DRHP for detailed information.

IPO Details

ipo date = 06 Oct – 08 Oct 2025

Minimum Amount = ₹14,996

Minimum Bid = 46 Shares

Face Value (FV) = ₹10

Listing On = NSE, BSE

Book Running Lead Managers

Kotak Mahindra Capital

BNP Paribas

J.P. Morgan India

HSBC Securities and Capital

Citigroup Global Markets

Financials

CONCLUSION

FinBlab recommends ‘SUBSCRIBE‘ ratings on Tata Capital IPO (keeping a long-term view in mind)

Do come back to know more about “upcoming ipos“

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Tata Capital IPO – Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue 165 Cr + OFS 89 Cr]

Laxmi india finance ipo price is INR 150 – 158 per share

Laxmi India Finance: History

The Company was incorporated as Laxmi India Finleasecap Private Limited in New Delhi under the Companies Act, 1956,

The Company was converted into a public limited company and its name was changed to Laxmi India Finance Ltd under a fresh certificate of incorporation issued by the RoC on October 8, 2024.

Laxmi India Finance: Business

Laxmi India Finance is a tech-driven NBFC focused on serving the financial needs of underserved clients in India’s lending market.

The Company’s product portfolio includes (1) construction loans, (2) MSME loans, (3) vehicle loans, and other lending products (business and personal loans) catering to the diverse financial needs of its customers.

As of March 31, 2025, the company’s assets under management (AUM) stood at INR 1,277 Crore, with the MSME and vehicle loan segments contributing 76.34 percent and 16.12 percent, respectively.

Branch Network

As of March 31, 2025, the company operates with 158 branches in the states of Gujarat, Madhya Pradesh, Rajasthan, and Chhattisgarh.

Collections Team

As of September 30, 2024, Laxmi Finance has a dedicated collections team of 255 personnel who track repayment schedules, payments, and loan defaults, ensure timely collections, and review client accounts to maintain a healthy financial position.

LAST ARTICLE – Shanti Gold International IPO review

Strategies Ahead

• Expanding geographical footprint to deepen penetration in the target customer segment
• Leveraging existing branch and customer network to drive growth in other verticals
• Continuing to enhance information technology with a focus on customer service, operational efficiency, and cost optimization
• Diversify borrowing profile and optimize borrowing costs

Company Promoters

1. Deepak Baid,
2. Prem Devi Baid,
3. Aneesha Baid,
4. Hirak Vinimay Private Limited,
5. Deepak Hitech Motors Private Limited,
6. Prem Dealers Private Limited,
7. Vivan Baid Family Trust

IPO Details

IPO date = 29 July to 31 July 2025

Minimum Amount = INR 14,852

Minimum Bid = 94 Shares

Face Value (FV) = INR 5

Listing On = NSE, BSE

Book Running Lead Manager

PL Capital Markets Private Limited

Financials

CONCLUSION

FinBlab recommends ‘May SUBSCRIBE‘ ratings Laxmi India Finance IPO

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Laxmi India Finance IPO – Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.