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Niyogin Fintech to acquire majority stake in Investdirect Capital Service

06 Sep 2018 Evaluate

Niyogin Fintech has received approval from its board for the acquisition of majority equity stake in Investdirect Capital Services, a company engaged in the business of distribution of financial products, National Pension Schemes, Corporate Deposits, Bonds, and Mutual Funds. The meeting of the Board of Directors of the company held on September 5, 2018 approved the same.

Niyogin Fintech is engaged in to the business of providing financial services to small businesses, in the form of credit, working capital and innovative solutions to their business problems.

Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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