581.10 -6.50(-1.11%)
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SG Finserve Limited (SGFL) was formerly incorporated as 'Moongipa Securities Limited' on March 18, 1994. The name of the Company has changed from Moongipa Securities Limited to SG Finserve Limited on November 16, 2022. SGFL is built as a digitally native NBFC, where technology forms the core infrastructure driving high-velocity lending. This fully integrated, proprietary digital platform automates the entire lending lifecycle, ensuring speed, precision, and scalability with minimal manual intervention.SGFL operates as a non-banking finance company with a special focus on supply chain financing solutions for Indian conglomerates down to the lowest tier. Through a seamless tech platform solution, it makes finance solutions to dealers, distributors, vendors, retailers, logistics providers, etc. SGFL is accredited with CRISIL AA rating for its long-term debt and an A1+ for its short-term debt & commercial paper, making it a strong and reliable financial institution.In FY 2015, the Company received confirmation for direct listing of equity shares at Bombay Stock Exchange Limited effective from July 8, 2015. In 2019-20, the Company received a licensed from Reserve Bank of India dated 16 May 2018 for doing a Non-Banking Financial Activity. On July 25, 2022, the Board of the ...