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IBL Finance Limited commenced its lending business to self-employed professional and small business entrepreneurs during the financial year March 31, 2019. Subsequently, from the Fiscal 2020 it migrated to fintech based financial services platform. As a technology-driven fintech company, it leverages technology and data-science to make lending quick and easy. The company through its mobile App provides instant personal loans which is almost 100% digital process.
IBL Finance major competitors are Coral India Fin &Hsg, KIFS Financial Serv, Usha Financial Serv., Sangam Finserv, Available Fin, Mangalam Indl. Fin., Optimus Finance.
Market Cap of IBL Finance is ₹167 Crs.
While the median market cap of its peers are ₹180 Crs.
IBL Finance seems to be less financially stable compared to its competitors.
Altman Z score of IBL Finance is 3.09 and is ranked 5 out of its 8 competitors.