KANAKADURGA FINANCE LTD

About the issuer

Kanakadurga Finance Limited is a public limited company based in Vijayawada, Andhra Pradesh, India, specializing in asset financing services. Established on October 24, 1994, the company has been operational for over 32 years. It offers financial solutions to rural, semi-urban, and urban borrowers, focusing on used commercial vehicle financing, three-wheeler loans, passenger car credit, two-wheeler loans, and micro-gold loans. The company operates across six states and one union territory in South and Central India, with a branch network exceeding 150 operational locations. Kanakadurga Finance Limited is registered with the Registrar of Companies, Vijayawada, under CIN U65921AP1994PLC018605. As of the latest available data, the company has an authorized share capital of ₹16 crore and a paid-up capital of ₹15.22 crore. The company's mission is to provide timely and adequate credit to underserved groups, including weaker sections and low-income groups, at an affordable cost. Its vision is to become one of the largest Non-Banking Financial Companies (NBFCs) in the country and play a major role in creating financial inclusion for the underserved.