Satin Creditcare Network Limited's AUM at Rs. 7274 crores as of March 31, 2021

Satin Creditcare Network Limited's AUM stood at Rs. 7,274 crores as on 31st March 2021, a growth of 5.3% QoQ, indicating that the growth has started kicking in.

For FY21, the Company maintained sufficient liquidity of Rs. 1,469 crores.

During FY21, the Company raised Rs. 4,312 crores including Direct Assignment Transactions of Rs. 743 crores.

During FY21, the Company successfully completed its Rights Issue of Rs. 120 crores to strengthen the capital base. Out of this, ~Rs. 90 crores are already received by the Company.

The Collection Efficiency trend is: Dec'20 - 98.2%, Jan'21 - 95.6%, Feb'21 - 97.3%, Mar'21 - 105.0% (incl. OD).

The above information is subject to an audit by the statutory auditors of the Company.

Shares of Satin Creditcare Network Ltd was last trading in BSE at Rs.96.75 as compared to the previous close of Rs. 101.8. The total number of shares traded during the day was 19301 in over 86 trades.

The stock hit an intraday high of Rs. 99.45 and intraday low of 96.75. The net turnover during the day was Rs. 1868828.

Source : Equity Bulls

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