Introduction:
Leading NBFC company has launched a gold loan business, offering fast approvals, flexible repayment options, and minimal documentation, with plans to open 400 branches across Tier 2 and Tier 3 cities over four quarters.
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Share price movement of Poonawalla Fincorp:
On April 15, 2025, Poonawalla Fincorp Ltd opened at ₹375.00, up 2.38% from its previous close of ₹366.30. The stock touched a high of ₹375.00 and a low of ₹369.60 during the session. By 10:48 AM, it traded at ₹374.55, marking a 2.25% gain, with a market cap of ₹29,140.53 crore.
Poonawalla Fincorp Enters Gold Loan Business:
Poonawalla Fincorp Limited has launched its Gold Loan Business, expanding its secured lending offerings. This new service targets individuals and businesses seeking quick, secure, and transparent financing solutions without liquidating their gold assets.
The company plans to strengthen its presence in Tier 2 and Tier 3 cities by opening 400 new branches over the next four quarters. The expansion is part of a phased approach to widen market reach and enhance customer access to credit.
Poonawalla’s gold loan offering features fast approvals in under 30 minutes, minimal documentation, and flexible repayment options. The product aims to serve needs like business growth, agriculture expenses, and personal financial requirements.
Recent news on Poonawalla Fincorp:
As of March 17, 2025, Poonawalla Fincorp Ltd launched secured loans for commercial vehicles, targeting both new and used purchases, with operations expanding to 68 locations across 12 states in Phase 1.
Ace investor holding in Poonawalla Fincorp:
Mayank Poddar
Mayank Poddar holds a 2.12% stake in Poonawalla Fincorp Ltd, owning 16,442,143 shares valued at ₹616 crore, reflecting significant investor confidence in the company’s growth potential.
Stock performance of Poonawalla Fincorp for Period of 1 week, 6 months, and 1 year:
Poonawalla Fincorp Ltd delivered a 3.33% return over the past week. It declined by 2.70% in the past six months, while the stock dropped 23.9% over the past year.
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Shareholding pattern of Poonawalla Fincorp:
| Particulars | Mar 2025 | Dec 2024 | Sep 2024 |
| Promoter | 62.50% | 62.40% | 61.90% |
| FII | 10.00% | 8% | 8% |
| DII | 11.10% | 12% | 10.60% |
| Public | 15.70% | 17.00% | 19.10% |
| Others | 0.70% | 1% | 1% |
About Poonawalla Fincorp:
Poonawalla Fincorp Limited (NSE: POONAWALLA) is a leading NBFC with ₹35,550 crore AUM, offering diverse financial services across 18 states and 2 Union Territories, backed by the Cyrus Poonawalla Group.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
