* - Tentative Dates
The Company proposes to utilize the proceeds of the Rights Issue towards the following objects:
1. To augment the capital base and provide for their fund requirements for increasing the operational scale with respect to their NBFC activities and
2. General Corporate Purpose
Pmc Fincorp Limited's revenue increased by 84.33% and profit after tax (PAT) rose by 278.32% 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 | 136.27 | 133.94 | 117.04 |
| Revenue | 15.66 | 8.50 | 7.38 |
| Profit After Tax | 11.35 | -6.36 | 1.81 |
| Net Worth | 115.18 | 103.37 | 91.13 |
| Reserves and Surplus | 61.77 | 49.96 | 40.22 |
| Total Borrowing | 18.55 | 27.47 | 24.60 |
| Amount in ₹ Crore | |||
PMC Fincorp is an RBI-registered non-deposit non-banking finance company listed on BSE since 2012. It offers various financing services, such as loans against securities, business loans, etc., to businesses. The company provides customized financing solutions to address unique business needs.
Its expertise in various sectors enables it to provide customized working capital solutions to all types of businesses, from startups to large-scale businesses.