PMC Fincorp Ltd

PMC Fincorp Limited, formerly known as Priti Mercantile Company Limited was incorporated on February 4, 1985 & obtained the Certificate for Commencement of Business on April 15, 1985. The Company is an RBI registered Non-Banking Finance Company, listed on the Bombay Stock Exchange since 2012. The Company changed its name from 'Priti Mercantile Company Limited' to 'PMC Fincorp Limited' in 2014. Presently, Company engages in the business of Corporate and Personal finance, Debt Syndication, Private Placement, Arranger, Distribution & Marketing of third party financial products and Dealing and Investment in Stock Market. The Company had a strong year aided by robust volume growth, prudent operating cost management and low NPAs. Over the years, it has steadily broadened its business activities to cover a wide spectrum of services in the financial intermediation space with focus on investment & finance. As a result, though the Company was not able to achieve higher net profit but it achieved a growth of 19% in its gross revenue. The Company had no NPA account and no bad debts for the period ended on 31st March 2014. With 30 years of experience in lending, PMC Fincorp Limited worked closely with SMEs and have transformed the way corporate lending is done. Their comprehensive expertise in a variety of sectors helps to provide working capital solutions to all kinds of businesses - from small startups to large corporations. In FY 2023-24, Company was able to identify and maximise its portfolio positioning towards outperforming sectors such as railways, defence, public sector banks, consumer durables, energy, and realty among others. The company's lending operations are steady, further, is gradually expanding its capital market operations. The Company raised Rs 48 crores equity shares offered through rights issue in FY 2025.