What is Himadri Credit and Finance Limited?

Himadri Credit and Finance Limited is a Kolkata-based Non-Banking Financial Company (NBFC) incorporated in 1994, primarily engaged in lending activities including student finance, loans, and investment activities.

Is Himadri Credit and Finance Limited listed on any stock exchange?

No, Himadri Credit and Finance Limited is an unlisted public company. Its shares are not traded on BSE or NSE.

Where is Himadri Credit and Finance Limited registered?

The company is registered with the Registrar of Companies, Kolkata. Its registered office is at 23A Netaji Subhas Road, 8th Floor, Kolkata, West Bengal. CIN: L65921WB1994PLC062875.

Who are the directors of Himadri Credit and Finance Limited?

The directors include Amit Choudhary, Anurag Choudhary, Santimoy Dey, and Sucharita Ba.

What does the 'L' prefix in the CIN mean?

The 'L' prefix in the CIN (L65921WB1994PLC062875) indicates that Himadri Credit and Finance Limited is a listed or originally-formed-as-public company. However, it currently trades in the unlisted space.

How do I buy Himadri Credit and Finance Limited unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Himadri Credit and Finance Limited?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Himadri Credit and Finance Limited shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Himadri Credit and Finance Limited Unlisted Share Price | Buy Himadri Credit and Finance Limited Pre-IPO Shares — wisefolio

Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

Talk to us

Himadri Credit and Finance Limited Unlisted Share Price | Buy Himadri Credit and Finance Limited Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

Himadri Credit and Finance Limited is a niche NBFC with a three-decade track record in Eastern India's lending market. Its student finance focus is strategically sound given India's education aspirations. However, small scale, unlisted status, limited digital capabilities, and intensifying regulatory scrutiny mean the company must modernise and potentially raise capital to remain competitive in the evolving Indian NBFC ecosystem.

Pros

Registered NBFC providing credit access to underserved segments including student finance in Eastern India
Long operating history since 1994 with three decades of experience in the West Bengal financial services market
Headquartered in Kolkata's central business district on Netaji Subhas Road, providing strategic access to Bengal's commercial ecosystem
Student finance niche offers strong credit demand pipeline given India's rapidly expanding higher education sector
Small-NBFC structure allows nimble operations and quicker credit decisions compared to large banking institutions

Cons

Unlisted status limits transparency, liquidity, and access to public capital markets for growth funding
Small scale of operations restricts competitive positioning against large NBFCs and banks
Concentration risk due to geographic focus on West Bengal and Eastern India
NBFC sector faces tightening RBI regulatory oversight including higher capital adequacy and liquidity requirements
Asset quality pressures in student and personal loan segments due to income volatility of borrowers
Limited digital lending infrastructure compared to fintech-enabled competitors

Business Segments

Lending & Loans

Provision of personal loans, business loans, and secured lending to individuals and small enterprises in Eastern India

Student Finance

Education loans and student finance products targeting aspirants pursuing higher education within India and abroad

Investment Activities

Management of surplus funds through investments in fixed income instruments, mutual funds, and other financial assets

Revenue Model

Himadri Credit and Finance Limited earns revenue primarily through interest income on loans and advances extended to retail borrowers, students, and SMEs. Additional income is generated through fee-based financial services, processing charges, and returns on treasury and investment operations. As an NBFC, it borrows from banks and the market to on-lend at higher rates, earning a net interest margin.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds12

Growth Plans

Rising demand for education loans as more students pursue higher education within India and abroad

India's NBFC sector consolidation benefiting compliant, well-run smaller NBFCs through partnerships

Potential co-lending tie-ups with larger banks enabling balance sheet expansion without proportionate capital strain

Digital transformation of loan origination and collection improving efficiency

Industry Tailwinds

Recent Developments

RBI NBFC Regulatory Compliance

Like all NBFCs, Himadri Credit and Finance would have been subject to RBI's updated framework for NBFC scale-based regulation (SBR) which mandated enhanced capital and governance norms.

2023

Digital Lending Guidelines Impact

RBI's digital lending guidelines issued in 2022 impacted NBFCs operating in the digital or co-lending space, requiring compliance with new disclosure and data privacy standards.

2022

Comparable Companies

CompanyTypeTickerMkt Cap

Aptus Value Housing Finance India LimitedListedAPTUS~Rs 9,000 Cr

Arman Financial Services LimitedListedARMANFIN~Rs 1,500 Cr

IIFL Finance LimitedListedIIFL~Rs 15,000 Cr

Aptus Value Housing Finance India LimitedListed

APTUS · ~Rs 9,000 Cr

Frequently Asked Questions

About Himadri Credit and Finance Limited

Himadri Credit and Finance Limited is a Kolkata-based Non-Banking Financial Company (NBFC) incorporated on 7 April 1994. With CIN L65921WB1994PLC062875, the company is part of the Himadri Group of Industries, which comprises seven public limited companies. The company provides lending products including business loans, student loans (marketed with 0% interest), and investment products, along with cash management services. Managed by directors Anurag Choudhary, Amit Choudhary, Santimoy Dey, Sucharita Basu De, and Pintu Singh, the company has positioned itself as a modern fintech-enabled NBFC. Its student loan offering with 0% interest is a particularly notable product targeting India's large education finance market. Headquarters is on Netaji Subhas Road in Kolkata's commercial district. Himadri Credit is part of a group structure that spans multiple financial and commercial entities. The NBFC sector in India presents significant opportunities in education finance, MSME lending, and consumer credit. Himadri Credit's 30-year operational history combined with its fintech approach represents an attempt to modernise its lending platform for the digital age.

Key Milestones

1994: Company incorporated as a Public Limited Company in West Bengal with CIN L65921WB1994PLC062875

1990s-2000s: Established operations as an NBFC focused on lending in Eastern India

Common questions about unlisted shares

How do I buy Himadri Credit and Finance Limited unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

Risk factors & red flagsInvestment risks and items flagged from public filings10

Fraud / GovernanceLow

RBI's tightening of NBFC regulations including scale-based regulation, higher provisioning norms, and liquidity coverage requirements could constrain operations and profitability.

Source: Media Reports / Public Records

Fraud / GovernanceLow

Student loans and personal lending carry elevated default risk, especially in economically stressed periods or when student borrowers fail to secure employment.

Source: Media Reports / Public Records

LiquidityLow

NBFCs face asset-liability mismatches and potential liquidity stress during market disruptions as they depend on bank funding and money markets for liabilities.

Source: AlphaHub Research

Leverage & DebtLow

Large banks, fintech NBFCs, and digital lenders offer student and personal loans at competitive rates, potentially squeezing Himadri's market share and margins.

Source: Company Financial Filings

Business ScaleMedium

Geographic concentration in West Bengal/Eastern India exposes the company to regional economic slowdowns, political risks, and local credit cycle volatility.

Source: AlphaHub Research

Regulatory Risk

RBI's tightening of NBFC regulations including scale-based regulation, higher provisioning norms, and liquidity coverage requirements could constrain operations and profitability.

Credit Risk

Student loans and personal lending carry elevated default risk, especially in economically stressed periods or when student borrowers fail to secure employment.

Liquidity Risk

NBFCs face asset-liability mismatches and potential liquidity stress during market disruptions as they depend on bank funding and money markets for liabilities.

Competition Risk

Large banks, fintech NBFCs, and digital lenders offer student and personal loans at competitive rates, potentially squeezing Himadri's market share and margins.

Concentration Risk

Geographic concentration in West Bengal/Eastern India exposes the company to regional economic slowdowns, political risks, and local credit cycle volatility.

Himadri Credit and Finance Limited

How settlement works

Get price alerts for Himadri Credit and Finance Limited

Discuss Himadri Credit and Finance Limited

Similar companies

Other ways to invest