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* - Tentative Dates
The Company intends to utilise the net proceeds from the Issue towards the funding of the following objects:
Aastamangalam Finance Limited's revenue increased by 109% and profit after tax (PAT) rose by 148% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 80.56 | 60.61 | 14.63 |
| Revenue | 7.03 | 3.36 | 1.26 |
| Profit After Tax | 3.6 | 1.45 | 0.12 |
| Net Worth | 37.68 | 23.58 | 14.1 |
| Reserves and Surplus | 28.77 | 11.28 | |
| Total Borrowing | 0.4 | 0.36 | |
| Amount in ₹ Crore | |||
Aastamangalam Finance (formerly known as Upasana Finance Ltd) is RBI registered non-deposit taking Non-banking financial company (NBFC). The company meets financing requirements of both individuals and corporates.
