Key Highlights:
- Strong management team with experienced board members
- Moderate growth in AUM over the last fiscal to INR 1,401.87 crore in Mar'25 from INR 1,185 crore in Mar'24.
- As of March FY25, the company had an AUM of INR 1,401.87 crore and a Net Worth of INR 464.51 crore
- Portfolio quality is moderate with NNPA at 0.80% in FY25
Overview:
Established in the year 1997, Namdev Finvest Private Limited (NFPL) is a RBI registered, non-deposit taking NBFC and is headquartered in Jaipur, Rajasthan. NFPL is driven by the vision to become the preferred lending institution for families and MSME business in rural and semi-urban markets. NFPL aspires to be a catalyst for change, particularly those at the bottom of the financial pyramid, with a strong commitment to serve the financially underserved and become a one-stop-shop solution by offering customized financial solutions.
The company was acquired by the current promoter- Mr Jitendra Tanwar on November 07, 2013, and was transferred to Jaipur. The entity is into MSME lending, 2-Wheeler financing and Commercial Vehicle financing. The company has 107 operational branches across Rajasthan, Gujarat, MP etc.
Management
Jitendra Tanwar (Managing Director)
Jitendra Tanwar is a Postgraduate and is the Managing Director of Namdev. He has an overall work experience of 14 years. Mr Jitendra started his careers as tractor, car and 2-wheeler dealer in Jaipur, Rajasthan where he worked from 2004 to 2008. He later became a DSA for 2-Wheeler finance for HDFC, Mahindra Finance etc. He acquired Namdev in November 2013 and is currently the Managing Director and CEO of the entity. Mr Jitendra currently looks after the strategy, planning and risk management at Namdev. Mr Jiitendra also has expertise in the loan origination and collections.
Mr. Vinod Sharma is the
(Chief Financial Officer)
Mr. Vinod Sharma is the Chief Financial Officer of the Company. He is with NFPL since the inception. He has a vast understanding and knowledge of Finance Accounting, Tax and Treasury Management. He handles and maintain the accounts of the company and is expertise in the field of finance. Educational Background He is a commerce graduate.
Mr. Dinesh Chandra Saxena
is the (Chairperson internal Executive committee)
Mr. Dinesh Chandra Saxena is the Chief Risk Officer of the company. He is a retired AGM of SBI and having wide experience of 45+ Years. During his stint in SBI, he held various assignments particularly in MSME Finance, NPA Management, Credit appraisal & sanction and credit audit.
Educational Background He is a Post-Graduate in Economics from University of Agra and has degree of CAIIB from Indian Institute of Bankers, Mumbai.
Key Financials- FY25:
All figures in INR crore
Particular |
Amount |
AUM |
1401.87 |
Cash & Bank Balances |
391.46 |
Borrowings |
1419.65 |
Total Assets |
1934.24 |
Revenue |
331.38 |
Profit After Tax |
40.58 |
PAT Margin |
12.25 % |
Total Net worth |
464.51 |
Return on Equity |
9.41 % |
NNPA |
0.80 % |
CRAR |
30.19 % |
Lenders:
The prominent lenders in Namdev Finvest include:
Banks:
·
IDFC
Bank
· State Bank of India
· AU Small Finance Bank
· IDFC First Bank
· Union Bank Limited
FI (NBFC):
· Northern Arc Capital
· Tata Capital Financial Services Limited
· IKF Finance
· Maanaveeya Development & Finance Private Limited
· Kotak Mahindra
Investment Bank
Explore corporate bonds below for Namdev Finvest Private Limited (NFPL)
| Instrument Name | ISIN Id | Credit Rating | Min. Investment | Nature of security | YTM | Tenure |
| (in Months) | ||||||
| Namdev Finvest Private Limited | INE0IX207171 | CRISIL "BBB+" | ₹ 67,971 | Listed (Secured) | 11.80% | 22 |
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.