Company Overview - Annapurna Finance Private Limited

Key Highlights

• Backed by equity investors including Belgian Investment company, Women’s world bank, Oiko credit and Nuveen global.
• Strong market position in east India and expanding geographic footprint.
• Healthy capital risk adequacy ratio of 29.61% and net NPA of 0.99% as of FY25.
• As of FY25, the company had an AUM of INR 11,034 crore and a Net worth of INR 1661.78 Crore. 

Overview

Annapurna Finance Pvt. Ltd (AMPL), one of the fast-growing NBFC-MFI in the country, has its roots in the early 1990s doing various developmental activities as a not-for-profit entity registered as Peoples Forum. The microfinance activities started with the evolution of Mission Annapurna under Peoples Forum from the year 2005. Mission Annapurna was able to reach the interior hinterlands of Odisha through its effort of addressing the economic necessities of poor women at their doorstep. As the program grew large by size and area of operation, there was an utter need to transform itself into a more regularized entity. The gradual transformation from Mission Annapurna brings forth the name Annapurna Finance Pvt Ltd (AMPL) to the sector in the year 2009. Thereafter, AMPL registered itself with the Reserve Bank of India (RBI) as an NBFC-MFI in the year 2013.

Annapurna serves economically backward clients, aiming to integrate them into the mainstream with tailored financial services. It targets underserved areas ignored by formal financial institutions, offering both financial and technical assistance to bolster entrepreneurial capabilities. Additionally, Annapurna provides MSME loans and Small Housing Finance, contributing to economic empowerment and inclusive growth.

Management

Mr. Sanjay Pattanaik (COO)

He is a trainer in micro entrepreneurship. Along with being a trainer in the field of entrepreneurship, his expertise also lies in the areas of achievement motivation, soft skill development. In People’s Forum he has SHG grooming, development and leadership building. He has worked with different management institutions as faculty. By now he has trained around 5000 people.

SATYAJIT DAS (CFO)

Mr. Satyajit functions as the Chief Finance Officer of Annapurna and has been associated with the company since its early years. He has been instrumental in the leading and strengthening the overall processes of the company. His business acumen and exceptional ability of sensing the opportunities for growth and expansion makes him the most sought-after leader in Annapurna. He plays a pivotal role in the strategic management decisions of the company. Under his guidance, Annapurna has been able to achieve newer heights and carved a name for itself in the Microfinance industry.

Key Financials- FY25:

All figures in INR crore

Lenders

The prominent lenders in Annapurna Finance Private Limited are:

Debt:

·       State Bank of India

·       The Bank of Maharashtra Limited

·       Canara bank

·       ICICI Bank Limited

·       Blacksoil Capital Private Limited

·       Cholamandalam Finance

Equity:

·       Belgian Investment Company

·       Women's World Bank

·       OIKO Credit

·       Nuveen Global

Explore corporate bonds below for Annapurna Finance Private Limited

Above mentioned corporate bond details are as of Date: 20.08.2025

Disclaimer:

Investments in debt securities/municipal debt securities/securitized debt instruments are subject to risks including delay and/or default in payment. Read all the offer-related documents carefully.