- Business
- Ashirwad Capital Limited (BSE: ASHCAP.BO) operates as a non-banking financial company (NBFC) in India, primarily engaging in investment activities, lending services, and capital market operations. The company offers portfolio investment management, including equity and debt instruments; secured and unsecured business loans to small and medium enterprises; lease and hire-purchase financing; and trading in shares and securities. It also provides portfolio management services and consultancy for financial structuring, with operations focused on the Indian market, particularly in Maharashtra.
Founded in 1983 and headquartered in Nagpur, India, Ashirwad Capital serves retail investors, corporate clients, and SMEs across domestic regions, with no major international presence or subsidiaries noted. The company functions within the financial services sector, emphasizing diversified non-banking financial intermediation without significant parent company affiliations.
In recent developments within the last two years, Ashirwad Capital reported expanded loan disbursements amid India's NBFC growth, achieving net profit increases through higher interest income and investment gains as per its fiscal 2025 results. No major acquisitions, funding rounds, partnerships, or strategic shifts such as name changes were publicly announced; however, the company has pursued operational enhancements in digital lending platforms to broaden its SME customer base. These activities align with broader regulatory compliance under the Reserve Bank of India, supporting steady balance sheet growth.