Company Timeline
1990
Date of inception – Oct 16, 1990
1996
IPO and listing on DSE, JSE and LSE 1
1998
Registers as NBFC with the RBI
2008
Started JLG Model in may 2008
2009
JLG business shows strong asset quality and large potential to scale up
2010
Reaches 0.17 million active clients and gross AUM of ₹1,690.76 million as on
2011
Receives MIX Social Performance Reporting Award at Silver level
2012
Starts SHG bank linkage program in Rewa, MP Receives 83% in microfinance COCA audit-
2013
Reaches 0.49 million active clients and gross AUM of ₹5,800.26 million in March.
2014
Converts to NBFC-MFI in November of the same year. Receives MFI 2+ rating by CARE
Reaches 0.80 million active clients and gross AUM of ₹10,560.55 million by March.
2015
Listing on NSE, BSE and CSE2; Received top MFI grading of MFI 1
2016
Started MSME Lending and Individual Micro Loans in FY17; Acquired TSPL in Sep’16
2017
Incorporates HFC in April and reaches 2.62 million active clients and gross AUM of ₹44,931 million in September.
2018
Started HFC Leading in feb 18; Entered in BC agreement with Indusind Bank, reaches gross AUM of Rs 57,568 mm by Mar’18
Investment Timeline
2008
First private equity investment — Raised ₹ 48.74 mn from Lok Capital Captial; Rs. 10.00 mn infused by Promoter Groupe
2009
Raised Rs. 19.42 mn from Lok Capital
2010
Raised Rs. 25.08mn from Lok Capital in Nov’10 and Rs. 218.50 mn from ShoreCap II in Dec’10 Rs. 77.50mn infused by Promoter Group
2011
Raised Rs. 180.50 mn from Danish Micro Finance Partners K/S (DMP) in Feb’11
2013
Raised Rs. 300.00 mn from DMP, Shore Capital and Micro Vest Mauritius Ltd; Rs. 110.00 mn infused by Promoter Group Exit of Lok Capital
2014
Raised floating rate long term unsecured Tier II debt in Jul’14 Raised Rs. 284.37 mn of equity from NMI and USD 10 mn of debt from World Business Capital in the form of ECB
2015
Raised Rs. 414.70 mn from SBI FMO (including warrants) Rs. 378.30 mn infused by Promoter Group
2016
Raised Rs. 2.5 bn via QIP in Oct’16 Exit of DMP in Jul’16 and ShoreCap in Aug’16
2017
Pref. Allotment: Equity funding by NMI (Rs 200 mn), and Kora Cap (Rs. 800 mn); Promoters invested vai FCW (rs 600 mn), Indusind invested Rs (450 mn) vai OCCRPS
2017
In Apr’ 17, raised $10 mn from ADB4 – macking this ADB’s first direct equity investment in a NBFC-MFI in india; Investment of Rs 350 mn by large NBFC in Aug’17; Raised rs. 1.50 bn vai QIP
in Oct,17