MILESTONES
2007
2008
Raised first round of capital
Rs.6 Crores within three months of operations
Rs.6 Crores within three months of operations
Received MFI Grading of mfR4 from CRISIL
Highest for a start-up MFI at that time
Highest for a start-up MFI at that time
MFI Grading upgraded to mfR3 in November 2008
2009
2010
2011
Received GVC Rating of GVC Level 3
(First for a MFI) from CRISIL
(First for a MFI) from CRISIL
Launched VF, HF business
2012
2013
Launched SME, LAP business
GVC Rating upgraded to GVC Level 2
Raised Rs.140 crs fresh equity
Raised Rs.140 crs fresh equity
2014
2015
Gross AUM crossed Rs.3000 crs
Raised Rs 325 Crs fresh equity
Networth crossed Rs 1000 Crs, to touch Rs 1100Crs
Networth crossed Rs 1000 Crs, to touch Rs 1100Crs
RBI granted in-principle license
for Small Finance Bank
for Small Finance Bank
2016
Initial Public Offering (IPO) of the shares of Equitas
Holdings Limited. Our Rs. 2,175 Cr
IPO was oversubscribed 17.2 times
Holdings Limited. Our Rs. 2,175 Cr
IPO was oversubscribed 17.2 times
Equitas Holdings gets HC nod to amalgamate its
subsidiaries Equitas Micro Finance (EMFL),
Equitas Housing Finance (EHFL)
and Equitas Finance (EFL)
subsidiaries Equitas Micro Finance (EMFL),
Equitas Housing Finance (EHFL)
and Equitas Finance (EFL)
Equitas launches
Small Finance Bank
Small Finance Bank
2017
2018
2019
