During 1990 Indo Asia Finance Limited was incorporated with the objects of engaging into hire-purchase, leasing, bill discounting, inter corporate deposits, forex service, dealing in primary market investment and fixed deposits.
Indo Asian Finance Limited has been renamed as Indo Asia Finance Limited (IAFL) w.e.f. 17/03/2011 as per Fresh Certificate of Incorporation issued by Registrar of Companies, Government of India. The Company was started with a nominal capital of Rs.25 lakhs. As at the end of 31.03.2018, the capital stood at Rs.900 lakhs. Indo Asia Finance Limited is a public limited company with its shares listed in Bombay Stock Exchange (BSE). The scrip code is 530747. The Demat ‘ISIN’ in National Securities Depository Limited (NSDL) and Central Depository (India) Limited (CDSL) is ‘INE’ 807A01010”..Read More
Indo Asia Finance caters to the finance needs of small businesses in the MSME sector. Keeping in mind the requirements of the sector, Indo Asia Finance has designed loan products to meet the following purposes of the segment.
The loan amount would depend on the requirement of the enterprises, for a normal tenure of 5 years. Indo Asia Finance could consider extending higher loan amount and longer tenure for the customers after assessing the nature of the business and the requirement.