When planning an investment, every investor considers the company’s business model, market valuation, financial performance, etc. You can invest in the different companies via their listed and unlisted shares available for trading. Among the fastest-growing companies, Fincare Small Finance Bank has emerged as the preferred investment choice among investors due to its continuous growth in recent years.
It is India’s first digital small finance bank focusing on unbanked and underbanked customers in rural and urban areas. If you are looking for a high-performing company for your next investment, Fincare Small Finance Bank unlisted shares might be the perfect choice. Let’s see why this small finance bank is a good investment choice in India.
An Overview Of Fincare Small Finance Bank
Fincare Small Finance Bank, also known as India’s first digital small finance bank, started its operations in 2017. It operates as a retail bank and mainly targets the people of urban and rural areas. Fincare SFB offers various services, including corporate banking, retail banking, treasury, wholesale banking, etc.
According to the CRISIL, Fincare small finance bank is credited with an A1+ rating and has the highest growth among the other SFBs in India. As per the data shared by the agency, the growth rate of the bank during FY 2018-2022 was 25% that attracted retail investors. During this year, more than 12,000 new retail investors bought Fincare Small Finance Bank unlisted shares.
Fincare SFB bank currently has more than 530 banking outlets, 235 corporate business outlets, and 110+ ATMs in different cities of India. In addition, the gross income portfolio of the company also grew from Rs 2,567 crore to Rs 6,357 crore from 2018 to 2022. During this time, the small finance bank managed its CAGR of 45% and registered profitable growth compared to its peers.
Fincare Small Finance Bank recently filed a DRHP with capital market regulator SEBI for its IPO worth Rs 1330 crore. However, SEBI returned its IPO papers and asked to refile with further revisions. It is expected that the Fincare Small Finance Bank IPO might launch in the next year. So, you must consider various factors, like a bank’s current financial performance, before making any investment decision.
Updated Financial Report Of Fincare Small Finance Bank
The growth rate of the Fincare Small Finance Bank in the last three financial years was exceptional. With the positive CAGR, it emerged as India’s fastest-growing small finance bank. The standalone profit of the Fincare SFB for the quarter ended December 2022 was Rs 27.18 crore.
To understand the financials of the company for the different financial years, look at the table below:
| Particulars (in Rs cr.) | FY22 | FY21 | FY20 |
| Book Value | 174 | 149 | 117 |
| Net Profit | 208 | 143 | 113.1 |
| Gross Loan Portfolio | 7036 | 5301 | 5341 |
| ROA | 0.09% | 1.44% | 2.48% |
| Operating Revenue | 1,215 | 1376.7 | 1647 |
| ROE | 0.80% | 12% | 18% |
| PAT | 8.87 | 113 | 143 |
| Disbursement | NA | 4656 | 4949 |
| Shareholder Funds | 903.8 | 1017.9 | 1201.9 |
| EPS | 6.64 | 5.24 | 0.41 |
These are the financials of the Fincare Small Finance Bank for FY 2019-22. The increase in metrics value like Book value, net profit, and gross loan portfolio signifies the bank’s growth over these years.
Since it is not listed on any stock exchange, you can only invest in it via Fincare Small Finance Bank unlisted shares by using an online unlisted shares trading platform.
Why Is It Worth To Invest In Fincare Small Finance Bank?
Various reasons make Fincare Small Finance Bank the best investment option in India. First, the bank had a positive growth rate in the last 3-4 years and a good net profit. In addition, it has a diversified business model that targets different types of customers in rural and urban areas. Most importantly, the performance of Fincare Small Finance Bank in the pre-IPO market is also exceptional.
For this, we have to analyse the Fincare Small Finance Bank unlisted share price in the pre-IPO market. As we can see from the above graph, the price of its unlisted share grew from Rs 205 per share to Rs 230 per share in the last three months. However, Fincare Small Finance Bank share price today is Rs 210 per share. Its price depends on factors like the bank’s current performance, market valuation, etc. Moreover, Fincare Small Finance Bank plans to expand in eastern India in the coming years, making it a profitable investment option for investors.
Invest In Fincare Small Finance Bank With Stockify
As you have a better idea of the current financial performance of the Fincare Small Finance Bank, you can easily make an investment decision now. We recommend buying Fincare Small Finance Bank unlisted shares for long-term benefits. At Stockify, we have qualified unlisted share brokers who will assist with trading the unlisted shares.
Here, you will get access to top-performing unlisted shares of companies along with updated financial reports. To buy unlisted shares, get in touch with us now!
FAQs
1- Is It Safe To Invest In Fincare Small Finance Bank Ltd?
Fincare Small Finance Bank has an A+ credit rating, making it a worthy investment option in India.
2- How Can I Buy Fincare Small Finance Bank Unlisted Shares?
You can buy unlisted Fincare Small Finance Bank shares with the help of Stockify.
3- What Will Be The Fincare Small Finance Bank IPO Size?
As per the public data, the IPO size of Fincare Small Finance Bank will be Rs 1330 crore.
4- What Is The Current Price Of Fincare Small Finance Bank Pre-IPO Stock?
Fincare Small Finance Bank share price today is Rs 210 per share. For getting updates on unlisted shares prices, subscribe to Stockify.
5- What Are The Short-Term Capital Gain Taxes On Fincare Small Finance Bank Unlisted Shares?
If you decide to sell your Fincare Small Finance Bank unlisted shares within two years, you must pay short-term capital gain as per the current tax slab.
