Advik Capital Limited, as a part of its long-term business strategy and to expand its business interest in diverse verticals, is inching closer towards becoming a Systematically Important NBFC, with elongated financial strength, having net-worth of approx. Rs. 1100 million and total assets of approx. Rs. 2000 million as on date.
To achieve this coveted status, Advik Capital management has already initiated implementing its business expansion strategy with the objective of broad-basing its portfolio, and diversifying into futuristic new edge businesses, complimenting and supplementing the existing business lines of the Company with holistic evaluation parameters, and pooling more resources required to boost its business operations, hiring industry veterans as domain experts on risk, operations, governance, and technology.
The strategic business decision of Advik Capital to get it self recognised as a Systematic
Important NBFC by 2025 will further strengthen its position in the financial market by way of offering more structured products to its customers.
Reserve Bank of India recognises a NBFC as systemically important NBFC, only if it has an asset size is of ₹ 500 Cr or more. Systemically important NBFCs are considered critical and important entities as they have bearing on the financial stability of the overall economy, vis-à vis they are eligible to participate in niche segments of the financial market.
Advik Capital Limited, headquartered at New Delhi is engaged primarily in the business of providing financial loans and in providing ancillary services and is one of the emerging non-
deposits taking Non-Banking Finance Company (NBFC) registered with the Reserve Bank of
India bearing Registration No. B-14.00724. Company’s wholly owned subsidiary M/s Advikca Finvest Limited is engaged in the business of making investments in Capital Markets
Instruments in India and have plans to eventually make investment in abroad as well. The
Company is listed on BSE (Scrip Code: 539773).