Shalibhadra Finance is entering the high-yield rural logistics market by launching Used Commercial Vehicle financing and refinancing. Leveraging its existing collection network and infrastructure, this strategic move diversifies the company’s AUM beyond existing retail loans while targeting underserved borrowers.
Shalibhadra Finance opens a new branch in Jamnagar, Gujarat, expanding its network to 62 branches. This move strengthens its presence in western India and supports its rural and semi-urban lending strategy.
Shalibhadra Finance reports robust FY26 performance with AUM up 24.81% to ₹219.66 Cr and PAT growth of 21.67%. The company plans expansion into Micro LAP and new products, targeting ₹500 Cr AUM by FY29 via branch network and technology upgrades.
Shalibhadra Finance raised ₹19.5 crore via Non-Convertible Debentures (NCDs) with a 12% coupon. Funds will boost lending operations and optimize cost of funds for disciplined growth.
