Moneyboxx Finance is currently trading at Rs. 174.05, up by 8.65 points or 5.23% from its previous closing of Rs. 165.40 on the BSE.
The scrip opened at Rs. 162.10 and has touched a high and low of Rs. 179.90 and Rs. 161.20 respectively. So far 7296 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 218.90 on 15-Jul-2022 and a 52 week low of Rs. 95.35 on 25-Jan-2022.
Last one week high and low of the scrip stood at Rs. 179.90 and Rs. 161.00 respectively. The current market cap of the company is Rs. 396.72 crore.
The promoters holding in the company stood at 58.61%, while Non-Institutions 41.39 % respectively.
Moneyboxx Finance has crossed milestone of Rs 100 crore gross disbursements in Q3 FY23, driven by rising branch productivity and expansion. Gross Disbursements in the nine-month period ending December 2022 was Rs 195.4 crore which almost grew by 3 times compared to Rs 65.48 crore in the corresponding period last year. With cumulative gross disbursements of Rs 397 crore, the company has transformed lives of over 24,250 households of which 50% were women and 35% new-to-credit.
Strong business growth and productivity led to robust growth in Assets under Management (AUM) to Rs 242.5 crore as of December 2022, growing by 161% compared to Rs 93.1 crore in December 2021. The company added 24 branches in nine-month period ending December 2022, expanding its branch network to 54 branches across 6 states as of December 2022. It plans to increase the branch presence to 60 by March 2023 and over 100 branches by March 2024.
Moneyboxx Finance is a Non Deposit taking Non-systemically Important Non-Banking Finance Company (NBFC-ND-NSI) engaged primarily in the business of advancing loans and investing/trading in securities.
