Our Milestones

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