NCD

PROGFIN PRIVATE LIMITED

ISIN: INE0MYJ07120

11.00%Coupon rate
Payouts : Yearly
Maturity Date : 26 Jan 2027
11.00%
Coupon rate
N/A
Min Investment
Yearly
Payout
₹ 1,00,000
Face Value
11.00%
Coupon
26 Jan 2027
Maturity Date

About The Issuer

Progfin Private Limited is a non-deposit-taking Non-Banking Financial Company (NBFC) based in New Delhi, India, specializing in providing collateral-free working capital finance to micro, small, and medium enterprises (MSMEs). Established in 1992, the company is a wholly owned subsidiary of Desiderata Impact Ventures Pvt. Ltd. (Progcap). Progfin leverages technology and analytics to underwrite and onboard last-mile retailers, offering tailored financial solutions across various industries. In July 2023, Progfin received its revised NBFC license from the Reserve Bank of India.

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