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CreditAccess Grameen Ltd

Wed 30/04/2025,15:58:49 | NSE : CREDITACC

₹ 1088.55-58.50 (-5.10%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 1140.00

Previous Close

₹ 1147.05

Volume

406379

Mkt Cap ( Rs. Cr)

₹17386.28

High

₹ 1140.00

Low

₹ 1073.00

52 Week High

₹ 1551.95

52 Week Low

₹ 750.20

Book Value Per Share

₹ 437.56

Dividend Yield

0.92

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on CreditAccess Grameen Ltd

Your Vote -

Buy

83.60%

Hold

13.76%

Sell

2.65%

83.60%

189 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

0%

Sell Order Quantity

100%

Bid Price

Qty

0.00

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0.00

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0.00

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Bid Total

0

Bid Price

Qty

1088.55

614

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0

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Bid Total

614

Option Chain

Analyzes market sentiment, predicts CreditAccess Grameen Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • CreditAccess Grameen - Analysts/Institutional Investor Meet/Con. Call Updates

    9 Apr 2025, 4:03PM CREDITACCESS GRAMEEN LIMITED has informed the Exchange about Schedule of meet
  • CreditAccess Grameen - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    9 Apr 2025, 4:06PM Intimation of Investors Meeting
  • CreditAccess Grameen has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    9 Apr 2025, 3:00PM As of March 2025, 66.43% is owned by Foreign Promoters and 33.57% by Public. <p align=justify> Institutional holds 24.05% (Insurance Companies 1.61%)
  • CreditAccess Grameen - Compliances-Half Yearly Report (SEBI Circular No. CIR/IMD/DF-1/67/2017)

    9 Apr 2025, 11:39AM Intimation of specification related to ISIN for debt securities under Chapter VII of SEBI Master Circular dated May 22, 2024
  • CreditAccess Grameen - Disclosure under SEBI Takeover Regulations

    8 Apr 2025, 2:26PM CreditAccess India B.V. has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Subst
  • CreditAccess Grameen - Updates

    8 Apr 2025, 8:52AM CREDITACCESS GRAMEEN LIMITED has informed the Exchange regarding 'Interim business Update - March 2025'.
  • CreditAccess Grameen - Interim Business Update - March 2025

    8 Apr 2025, 8:50AM Interim Business Update - March 2025
  • CreditAccess Grameen - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    4 Apr 2025, 3:11PM CREDITACCESS GRAMEEN LIMITED has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • CreditAccess Grameen - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    4 Apr 2025, 3:10PM Certificate under Reg. &4(5) of the SEBI (DP) Regulations, 2018 for the quarter ended March 31, 2025
  • CreditAccess Grameen - Trading Window-XBRL

    25 Mar 2025, 1:10PM CreditAccess Grameen Limited has informed the Exchange about Closure of Trading Window
  • CreditAccess Grameen - Trading Window

    25 Mar 2025, 1:09PM CREDITACCESS GRAMEEN LIMITED has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulati
  • CreditAccess Grameen - Analysts/Institutional Investor Meet/Con. Call Updates

    24 Mar 2025, 5:20PM CREDITACCESS GRAMEEN LIMITED has informed the Exchange about Schedule of meet
  • CreditAccess Grameen - Alteration Of Capital and Fund Raising-XBRL

    24 Mar 2025, 3:25PM CreditAccess Grameen Limited has informed the Exchange regarding Allotment of Securities
  • CreditAccess Grameen - Allotment of Securities

    24 Mar 2025, 3:24PM CREDITACCESS GRAMEEN LIMITED has informed the Exchange regarding allotment of 112037 securities pursuant to ESOP/ESPS at its meeting held on March 24,
  • CreditAccess Grameen - Analysts/Institutional Investor Meet/Con. Call Updates

    24 Mar 2025, 2:25PM CREDITACCESS GRAMEEN LIMITED has informed the Exchange about Schedule of meet
  • CreditAccess Grameen - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    24 Mar 2025, 5:19PM Intimation of schedule of Investor Call.
  • CreditAccess Grameen - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    24 Mar 2025, 3:19PM Intimation of allotment of Shares under ESOP Plan of the Company.
  • CreditAccess Grameen - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    24 Mar 2025, 2:09PM Intimation of Investor's Call
  • CreditAccess Grameen - Analysts/Institutional Investor Meet/Con. Call Updates

    23 Mar 2025, 2:18PM CREDITACCESS GRAMEEN LIMITED has informed the Exchange about Schedule of meet
  • CreditAccess Grameen - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    23 Mar 2025, 2:22PM Intimation of Investor Meeting
  • CreditAccess Grameen - Analysts/Institutional Investor Meet/Con. Call Updates

    20 Mar 2025, 5:39PM CREDITACCESS GRAMEEN LIMITED has informed the Exchange about Schedule of meet
  • CreditAccess Grameen - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    20 Mar 2025, 5:41PM Intimation of Investor Meeting
  • CreditAccess Grameen - Regulation 60(2) Record Date Interest Payment / Redemption / Dividend

    19 Mar 2025, 3:17PM The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of
  • CreditAccess Grameen - Analysts/Institutional Investor Meet/Con. Call Updates

    14 Mar 2025, 10:39AM CREDITACCESS GRAMEEN LIMITED has informed the Exchange about Schedule of meet to be held on March 17 & 18, 2025
  • CreditAccess Grameen - Alteration Of Capital and Fund Raising-XBRL

    10 Mar 2025, 3:29PM CreditAccess Grameen Limited has informed the Exchange regarding Allotment of Securities
  • CreditAccess Grameen - ESOP/ESOS/ESPS

    10 Mar 2025, 3:13PM CREDITACCESS GRAMEEN LIMITED has informed the Exchange regarding Allotment of 775 Shares.
  • CreditAccess Grameen - Analysts/Institutional Investor Meet/Con. Call Updates

    10 Mar 2025, 10:58AM CREDITACCESS GRAMEEN LIMITED has informed the Exchange about Schedule of meet
  • CreditAccess Grameen - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    10 Mar 2025, 3:16PM Intimation of allotment of Equity Shares under the Employee Stock Option Plan of the Company
  • CreditAccess Grameen - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    10 Mar 2025, 11:00AM Intimation of Investor Meetings scheduled on March 12 & 13, 2025
  • CreditAccess Grameen - Reply to Clarification- Financial results

    6 Mar 2025, 12:36PM The Exchange had sought clarification from CREDITACCESS GRAMEEN LIMITED for the quarter ended 31-Dec-2024 with respect to Regulation 33 of the SEBI (L
  • CreditAccess Grameen - Updates

    6 Mar 2025, 8:55AM CREDITACCESS GRAMEEN LIMITED has informed the Exchange regarding 'Interim Business Updated - February 2025'.
  • CreditAccess Grameen - Interim Business Update - February 2025

    6 Mar 2025, 8:54AM Interim Business Update - February 2025
  • CreditAccess Grameen - Analysts/Institutional Investor Meet/Con. Call Updates

    5 Mar 2025, 3:40PM CREDITACCESS GRAMEEN LIMITED has informed the Exchange about Schedule of meet
  • CreditAccess Grameen - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    5 Mar 2025, 3:44PM Intimation of the Investors Meeting
  • CreditAccess Grameen - Analysts/Institutional Investor Meet/Con. Call Updates

    3 Mar 2025, 5:36PM CREDITACCESS GRAMEEN LIMITED has informed the Exchange about Schedule of meet
  • CreditAccess Grameen - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    3 Mar 2025, 5:57PM Intimation of Investor Meetings scheduled on March 05 & 07, 2025
  • CreditAccess Grameen - Clarification - Financial Results

    27 Feb 2025, 4:48PM The Exchange has sought clarification from CREDITACCESS GRAMEEN LIMITED for the quarter ended 31-Dec-2024 with respect to Regulation 33 of the SEBI (L
  • CreditAccess Grameen - Analysts/Institutional Investor Meet/Con. Call Updates

    25 Feb 2025, 9:54AM CREDITACCESS GRAMEEN LIMITED has informed the Exchange about Schedule of meet
  • CreditAccess Grameen - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    25 Feb 2025, 9:56AM Intimation of Investor Meeting
  • CreditAccess Grameen - Alteration Of Capital and Fund Raising-XBRL

    19 Feb 2025, 3:02PM CreditAccess Grameen Limited has informed the Exchange regarding Allotment of Securities
  • CreditAccess Grameen - Alteration Of Capital and Fund Raising-XBRL

    19 Feb 2025, 3:01PM CreditAccess Grameen Limited has informed the Exchange regarding Allotment of Securities
  • CreditAccess Grameen - Alteration Of Capital and Fund Raising-XBRL

    19 Feb 2025, 2:58PM CreditAccess Grameen Limited has informed the Exchange regarding Allotment of Securities
  • CreditAccess Grameen - ESOP/ESOS/ESPS

    19 Feb 2025, 2:54PM CREDITACCESS GRAMEEN LIMITED has informed the Exchange regarding Allotment of 3387 Shares.
  • CreditAccess Grameen - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    19 Feb 2025, 2:57PM Intimation of allotment of Equity shares under the Employee Stock Option Plan of the Company
  • CreditAccess Grameen - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    17 Feb 2025, 10:29AM Intimation of Investor Meetings
  • CreditAccess Grameen - Analysts/Institutional Investor Meet/Con. Call Updates

    17 Feb 2025, 10:29AM CREDITACCESS GRAMEEN LIMITED has informed the Exchange about Schedule of meet
  • CreditAccess Grameen - Analysts/Institutional Investor Meet/Con. Call Updates

    11 Feb 2025, 3:49PM CREDITACCESS GRAMEEN LIMITED has informed the Exchange about Schedule of meet
  • CreditAccess Grameen - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    11 Feb 2025, 3:55PM Intimation of Investor Meeting
  • CreditAccess Grameen - Integrated Filing- Financial

    10 Feb 2025, 5:35PM Integrated Filing for the quarter ended December 31, 2024
  • CreditAccess Grameen - Integrated Filing (Financial)

    10 Feb 2025, 5:38PM Intimation of Integrated Filing (Financial) for the quarter ended December 31, 2024
  • CreditAccess Grameen - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    5 Feb 2025, 6:03PM Intimation of allotment of Equity Shares under the Employee Stock Option Plan of the Company
  • CreditAccess Grameen - Alteration Of Capital and Fund Raising-XBRL

    5 Feb 2025, 5:59PM CreditAccess Grameen Limited has informed the Exchange regarding Allotment of Securities
  • CreditAccess Grameen - Allotment of Securities

    5 Feb 2025, 5:58PM CREDITACCESS GRAMEEN LIMITED has informed the Exchange regarding allotment of 100 securities pursuant to ESOP/ESPS at its meeting held on February 05,
  • CreditAccess Grameen - Press Release

    3 Feb 2025, 2:38PM CREDITACCESS GRAMEEN LIMITED has informed the Exchange regarding a press release dated February 03, 2025, titled ""CreditAccess Grameen Secures USD 50
  • CreditAccess Grameen - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    3 Feb 2025, 2:40PM Press Release
  • CreditAccess Grameen - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    2 Feb 2025, 10:29PM Intimation of Investor Meeting
  • CreditAccess Grameen - Analysts/Institutional Investor Meet/Con. Call Updates

    2 Feb 2025, 10:25PM CREDITACCESS GRAMEEN LIMITED has informed the Exchange about Schedule of meet
  • CreditAccess Grameen signs syndicated social loan facility of up to $200 m

    27 Jun 2023 , 10:38AM CreditAccess Grameen signs a historic syndicated social loan facility of upto $ 200 Million
  • Credit Access Grameen

    10 Apr 2023 , 10:37AM Company has released Q4FY23 business update where in AUM grew by 27% YoY while disbursements were up by 24% YoY. Overall a strong business momentum. Positive read through.
  • CreditAccess Grameen

    22 Dec 2021 , 10:10AM CreditAccess Grameen: The company will infuse up to Rs. 250 crore in its subsidiary, Madura Micro Finance to augment the capital adequacy ratio of the latter. The fund infusion will be in the form of subordinate debt or perpetual debt and would be made in tranches. The capital adequacy ratio (CAR) of Madura Micro Finance stood at 20%. CreditAccess, which acquired 76% in Madura, is awaiting regulatory approval to merge the latter with itself.
  • Creditaccess Grameen

    12 Apr 2021 , 10:55AM Creditaccess Grameen: The company has shared its Provisional figures for Q4 FY2021
  • CreditAccess Grameen

    30 Mar 2021 , 11:39AM The Company has raised Rs.1,133.41 Crores from Direct Assignment transactions during Q4 of FY 21 and a total of Rs. 1,355.94 Crores in FY 21. The entire Direct Assignment pools qualifies for Priority Sector treatment as per the guidelines prescribed by the Reserve Bank of India. Further, the Company has raised a total of Rs. 6,125.60 Crores during the Financial year in the form of Term Loans, issuance of NCDs, Covered Bonds, CPs and Direct Assignments from various Banks and Financial Institutions.
  • CreditAccess Grameen

    9 Oct 2020 , 10:56AM The company has raised equity funds of ~Rs 800 crores via QIP and has approved allotment of 1.1315 cr Equity Shares to eligible qualified institutional buyers at the issue price of Rs 707 per Equity Share (including a premium of Rs 697 per Equity Share) which is at a discount of 0.1% against the floor price of Rs 707.69 per Equity Share. Post the issue the Equity capital was diluted by 7.9% but Networth grew by 25.5% and BVPS by 16%. The key investors included T Rowe Price, and domestic institutions like Kotak Funds-India Midcap Fund, The Nomura Trust and Banking Co., Ltd, HDFC Life Insurance Company etc.
  • CreditAccess Grameen

    6 Oct 2020 , 10:47AM In its board meeting held on October 05, 2020, the company opened its QIP Issue. The board has approved the floor price at Rs 707.7 per share for the Issue (at ~5.6% discount to CMP) and the Company may offer a discount of not more than 5% on the floor price so calculated for the Issue. The Committee will approve the issue price at its meeting scheduled to be held on 08 October 2020. At the floor price, and assuming the QIP is of Rs 1000 crores (as earlier stated in media), the book value will increase by ~23% with ~9.8% Equity dilution.
  • CreditAccess Grameen

    25 Sep 2020 , 10:50AM CreditAccess Grameen has announced raising Rs 100 crore by issuing bonds on a private placement basis. Besides, the board also approved unaudited special purpose interim condensed standalone & consolidated financial results of the company and its subsidiaries for the four months period ended July 31. The consolidated PAT was at Rs 121.24 crore in four months to July (was Rs 74.62 crores in Q1 FY21), while on standalone basis, the company earned Rs 109.39 crore (was Rs 63.60 crores in Q1 FY21) as PAT. Since these figures were only an extract of the condensed information (taken out for special purpose) hence comparable figures are not available for the said period.
  • CreditAccess Grameen

    16 Sep 2020 , 9:16AM The Board of Directors earlier had approved issuance of Securities, which includes NCDs, CPs or other marketable instruments to the aggregate amount of Rs 3,000 Crore. Following that, the meeting of the Executive, Borrowings and Investment Committee of the Company will be held on Friday, September 18, 2020, to consider the terms of issue of NCD to be issued by the Company to various prospective investors on a private placement basis in one or more tranches/issues within the overall limit approved by the Board of Directors.
  • CreditAccess Grameen

    4 Sep 2020 , 11:03AM The company’s board has approved raising of Rs 1,000 crore via equity. Also, the company shared its business udpate where it reported that it was able to hold meetings in >98% centers with 100% employees getting back to work. The Collection efficiency has improved MoM to 82% (86% excl. Maharashtra) in August vs. 76% in July and 74% in June. There was also further increase in full/partial paying customers for CrediAccess Grameen at 85% (89% excl. Maharashtra) in August vs. 83% in July and June. Conversely, the total non-paying clients (under moratorium) have improved to 15% from 17% previous month.
  • Board of CreditAccess Grameen approves fund raising. Stk up

    4 Sep 2020 , 10:09AM CreditAccess Grameen rises by 9% to Rs. 749, as board approves a proposal for fund raising
  • CreditAccess Grameen

    20 Mar 2020 , 9:54AM CreditAccess Grameen has completed the acquisition of a 75.64 % stake in Madura Micro Finance Ltd (MMFL). The deal value is not disclosed. ICICI Lombard Insurance has launched a dedicated insurance cover for coronavirus, in group insurance mode. The health cover is priced at a premium of Rs 149 and provides a sum insured of Rs 25,000 for ages 18-75. The company will pay out the entire sum insured, in a lump sum in the event of the first diagnosis of COVID-19 during the policy period.
  • CreditAccess jumps on fund raising

    5 Nov 2019 , 11:19AM CreditAccess surges by 7% to Rs. 715, on fund raising from a Netherlands-based finance company
  • Creditaccess completes transaction via direct assignment of portfolio loans

    27 Jun 2019 , 12:20PM CreditAccess Grameen completes a Direct Assignment of Rs. 138.89 crore on June 26, 2019

Key fundamentals

Evaluate the intrinsic value of CreditAccess Grameen Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 28410.96 21419.2 14424.86 12415.53 10491.64
Liabilities 28410.96 21419.2 14424.86 12415.53 10491.64
Equity 159.38 158.91 155.87 155.58 143.99
Gross Profit 3716.79 2362.47 1325.19 954.44 1040.69
Net Profit 1445.93 826.03 382.14 142.39 327.5
Cash From Operating Activities -4733.89 -3289.76 -1968.56 -364.32 -2301.95
NPM(%) 27.98 23.3 16.69 7.02 19.45
Revenue 5166.67 3545.12 2289.39 2027.79 1683.49
Expenses 1449.88 1182.65 964.2 1073.35 642.8
ROE(%) 20.68 11.81 5.46 2.03 4.68

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
26 Jul 2024 10 100 0.92 1420.75

Peers

Other companies within the same industry or sector that are comparable to CreditAccess Grameen Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
IBL Finance Ltd 55.00 -3.51 59.14 2683.16 9.23 0.00
360 One Wam Ltd 986.05 0.31 38.23 38938.86 2578.88 0.00
Abans Financial Services Ltd 184.34 0.33 10.02 5440.59 808.31 0.00
Poonawalla Fincorp Ltd 375.25 -2.23 0.00 83600.82 -63.18 0.00

Company Info

The Company was incorporated as Sanni Collection Private Limited ("SCPL") on June 12, 1991 at Calcutta, West Bengal, India as a private limited company under the Companies Act, 1956. In February 2007, the entire shareholding of SCPL was acquired by certain trustees of T. Muniswamappa Trust ("TMT"), a public charitable trust engaged in the business of providing micro loans in Karnataka. At the time of the acquisition, SCPL also held a certificate of registration as a non-deposit taking NBFC dated March 30, 1998. Subsequently, in October 2007, the microfinance business being operated under TMT (including all associated assets, liabilities, goodwill, receivables, loan assets, intellectual property and the brand name "Grameen Koota") was transferred to SCPL. Subsequent to the acquisition of SCPL and the transfer of the microfinance business of TMT to SCPL, SCPL was rebranded under the "Grameen" name, and pursuant to a resolution of the shareholders of SCPL, its name was changed from SCPL to Grameen Financial Services Private Limited ("GFSPL"). A fresh certificate of incorporation consequent upon change of name was issued to the Company by the Registrar of Companies, West Bengal on March 14, 2008, post which the Reserve Bank of India ("RBI") granted a certificate of registration dated July 28, 2009 reflecting the change of name. Subsequently, the RBI granted a fresh certificate of registration dated February 6, 2012, for registration as an NBFC under Section 45 IA of the Reserve Bank of India Act, 1934.Major events and milestones of the Company1991 - The Company was incorporated as Sanni Collection Private Limited1998- The Company obtained NBFC registration2007- Acquired the microfinance business under the brand name "Grameen Koota" from TMT2008- Launched Mifos software in all branches- Commenced operations in Maharashtra2010- Raised Rs. 576 million through securitisation2011- Commenced integration with Credit Bureau for credit decisions- Commenced multi-product strategy2013- Granted NBFC - MFI license with effect from September 5, 20132014- CAA acquired a majority stake in the Company2015- Commenced operations in Madhya Pradesh and Chhattisgarh- Established seven regional processing centres across the Company's operational geographies- Launched a core banking IT solution - T242016- Introduced business loans facilities as part of the Retail Finance division of the CompanyAwards and Accreditations2015- The Company was awarded the Microfinance India Award - 2015 for Microfinance Organisation of the Year (large) by Access and HSBC- The Company was awarded the Smart Campaign Client Protection Certification by the Smart Campaign2016- The Company was awarded the COCA - 1 (Very High Level of Adherence) awarded by Smera Ratings Limited2017- The Company was awarded the Skoch Award - Resilient India Award 2017 for Sanitation Loan by the Skoch Group- The Company was awarded the "Skoch Order of Merit" for Sanitation Loan by the Skoch Group- The Company was awarded the "Skoch Order of Merit" for Micro-Credit by the Skoch Group- The Company was awarded the ISC - FICCI Sanitation Award - Best Financial Accessibility for Sanitation by the FICCI- The Company was assigned a MFI grading of "mfR1" by CRISIL Limited- The Company was rated as "ICRA A" for Rs. 2,013.07 crores bank limits by ICRA Limited- The Company was rated as "ICRA A" for Rs. 887 crore NCD Programme of the Company by ICRA Limited- The Company was rated as "ICRA A1" for Rs. 220 million crore Subordinated Debt Programme of the Company by ICRA Limited- The Company was rated as "ICRA A1" for Rs. 200 Commercial Programme of the Company by ICRA Limited2018- The Company was rated as "ICRA A" for Rs. 2,013.27 crore credit limits by ICRA Limited- The Company was rated as "ICRA A1 " for Rs. 200 crore Commercial Paper Programme of the Company by ICRA Limited- The Company was rated as "ICRA A" for Rs. 887 crore NCD Programme of the Company by ICRA Limited- The Company was rated as "ICRA A" for Rs. 22 crore Subordinated Debt Programme of the Company by ICRA Limited- ICRA Limited changed the outlook rating from "stable" to "positive" 2017 -Grameen Koota receives the SKOCH Resilient India Award 2017 2018 -CREDITACCESS GRAMEEN LIMITED Acquisition of Madura Micro Finance Limited 2019 -CreditAccess Grameen wins CNBC-AWAAZ CEO Awards 2019 -CreditAccess Grameen Limited, India's leading NBFC-MFI has expanded its footprint in five new states -CreditAccess Grameen adjudged as Winner in the Best NBFC category -CreditAccess Grameen wins Micro Finance Organization of the Year Award 2019 2020 -CreditAccess Grameen wins Silver Stevier Award for excellence in Innovation in Financial Industries -Grameen wins Inclusive Finance Award 2019 -CreditAccess Grameen Maintain `Good' Liquidity Position Amid Lockdown -CreditAccess Grameen hikes stake in Madura Micro Finance 2021 -CreditAccess Grameen wins the Micro Finance Organization of the Year Award 2020. 2022 -CreditAccess Grameen Limited awarded Gold Level in Client Protection Principle Certification. -"CreditAccess Grameen Limited wins "Gold Shield Award for Integrated Reporting" by the by the Institute of Chartered Accountants of India." 2023 -CreditAccess Grameen wins Microfinance Organisation of the Year Award ' 2023". -Scheme of Amalgamation between the Company and Madura Micro Finance Limited. .-The Company has been awarded the prestigious 'Breaking Ground in WASH Financing' award at the 19th Inclusive Finance India Summit held in New Delhi 2024 -Credit Access Grameen Conferred Best Small NBFC 2023 at Mint BFSI Summit & Awards

The Company was incorporated as Sanni Collection Private Limited ("SCPL") on June 12, 1991 at Calcutta, West Bengal, India as a private limited company under the Companies Act, 1956. In February 2007, the entire shareholding of SCPL was acquired by certain trustees of T. Muniswamappa Trust ("TMT"), a public charitable trust engaged in the business of providing micro loans in Karnataka. At the time of the acquisition, SCPL also held a certificate of registration as a non-deposit taking NBFC dated March 30, 1998. Subsequently, in October 2007, the microfinance business being operated under TMT (including all associated assets, liabilities, goodwill, receivables, loan assets, intellectual property and the brand name "Grameen Koota") was transferred to SCPL. Subsequent to the acquisition of SCPL and the transfer of the microfinance business of TMT to SCPL, SCPL was rebranded under the "Grameen" name, and pursuant to a resolution of the shareholders of SCPL, its name was changed from SCPL to Grameen Financial Services Private Limited ("GFSPL"). A fresh certificate of incorporation consequent upon change of name was issued to the Company by the Registrar of Companies, West Bengal on March 14, 2008, post which the Reserve Bank of India ("RBI") granted a certificate of registration dated July 28, 2009 reflecting the change of name. Subsequently, the RBI granted a fresh certificate of registration dated February 6, 2012, for registration as an NBFC under Section 45 IA of the Reserve Bank of India Act, 1934.Major events and milestones of the Company1991 - The Company was incorporated as Sanni Collection Private Limited1998- The Company obtained NBFC registration2007- Acquired the microfinance business under the brand name "Grameen Koota" from TMT2008- Launched Mifos software in all branches- Commenced operations in Maharashtra2010- Raised Rs. 576 million through securitisation2011- Commenced integration with Credit Bureau for credit decisions- Commenced multi-product strategy2013- Granted NBFC - MFI license with effect from September 5, 20132014- CAA acquired a majority stake in the Company2015- Commenced operations in Madhya Pradesh and Chhattisgarh- Established seven regional processing centres across the Company's operational geographies- Launched a core banking IT solution - T242016- Introduced business loans facilities as part of the Retail Finance division of the CompanyAwards and Accreditations2015- The Company was awarded the Microfinance India Award - 2015 for Microfinance Organisation of the Year (large) by Access and HSBC- The Company was awarded the Smart Campaign Client Protection Certification by the Smart Campaign2016- The Company was awarded the COCA - 1 (Very High Level of Adherence) awarded by Smera Ratings Limited2017- The Company was awarded the Skoch Award - Resilient India Award 2017 for Sanitation Loan by the Skoch Group- The Company was awarded the "Skoch Order of Merit" for Sanitation Loan by the Skoch Group- The Company was awarded the "Skoch Order of Merit" for Micro-Credit by the Skoch Group- The Company was awarded the ISC - FICCI Sanitation Award - Best Financial Accessibility for Sanitation by the FICCI- The Company was assigned a MFI grading of "mfR1" by CRISIL Limited- The Company was rated as "ICRA A" for Rs. 2,013.07 crores bank limits by ICRA Limited- The Company was rated as "ICRA A" for Rs. 887 crore NCD Programme of the Company by ICRA Limited- The Company was rated as "ICRA A1" for Rs. 220 million crore Subordinated Debt Programme of the Company by ICRA Limited- The Company was rated as "ICRA A1" for Rs. 200 Commercial Programme of the Company by ICRA Limited2018- The Company was rated as "ICRA A" for Rs. 2,013.27 crore credit limits by ICRA Limited- The Company was rated as "ICRA A1 " for Rs. 200 crore Commercial Paper Programme of the Company by ICRA Limited- The Company was rated as "ICRA A" for Rs. 887 crore NCD Programme of the Company by ICRA Limited- The Company was rated as "ICRA A" for Rs. 22 crore Subordinated Debt Programme of the Company by ICRA Limited- ICRA Limited changed the outlook rating from "stable" to "positive" 2017 -Grameen Koota receives the SKOCH Resilient India Award 2017 2018 -CREDITACCESS GRAMEEN LIMITED Acquisition of Madura Micro Finance Limited 2019 -CreditAccess Grameen wins CNBC-AWAAZ CEO Awards 2019 -CreditAccess Grameen Limited, India's leading NBFC-MFI has expanded its footprint in five new states -CreditAccess Grameen adjudged as Winner in the Best NBFC category -CreditAccess Grameen wins Micro Finance Organization of the Year Award 2019 2020 -CreditAccess Grameen wins Silver Stevier Award for excellence in Innovation in Financial Industries -Grameen wins Inclusive Finance Award 2019 -CreditAccess Grameen Maintain `Good' Liquidity Position Amid Lockdown -CreditAccess Grameen hikes stake in Madura Micro Finance 2021 -CreditAccess Grameen wins the Micro Finance Organization of the Year Award 2020. 2022 -CreditAccess Grameen Limited awarded Gold Level in Client Protection Principle Certification. -"CreditAccess Grameen Limited wins "Gold Shield Award for Integrated Reporting" by the by the Institute of Chartered Accountants of India." 2023 -CreditAccess Grameen wins Microfinance Organisation of the Year Award ' 2023". -Scheme of Amalgamation between the Company and Madura Micro Finance Limited. .-The Company has been awarded the prestigious 'Breaking Ground in WASH Financing' award at the 19th Inclusive Finance India Summit held in New Delhi 2024 -Credit Access Grameen Conferred Best Small NBFC 2023 at Mint BFSI Summit & Awards

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Parent Organisation

CreditAccess Grameen Ltd.

Founded

12/06/1991

Managing Director

Mr.Udaya Kumar Hebbar

NSE Symbol

CREDITACCEQ

FAQ

The current price of CreditAccess Grameen Ltd is ₹ 1088.55.

The 52-week high for CreditAccess Grameen Ltd is ₹ 1140.00 and the 52-week low is ₹ 1073.00.

The market capitalization of CreditAccess Grameen Ltd is currently ₹ 17386.28. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy CreditAccess Grameen Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in CreditAccess Grameen Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase CreditAccess Grameen Ltd shares.

The CEO of CreditAccess Grameen Ltd is Mr.Udaya Kumar Hebbar, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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