Neil Industries Ltd. Stock Analysis 539016.BO

Neil Industries Ltd. is a non-banking finance company, which engages in the provision of financial and insurance services. The company is headquartered in Kanpur, West Bengal and currently employs 8 full-time employees. The company went IPO on 2015-03-20. Its product range includes loans for business or capacity expansion, working capital loans, loans for purchase of equipment and machinery, term loans against property, and loans for purchase of commercial property. Its portfolio of services includes asset financing, promoter funding, stressed asset funding and margin financing. Its asset financing includes funding a client for acquiring assets using the asset as collateral. Its promoter funding includes structured debt finance and funding against the promoter’s shareholding for capital investment in businesses for expansion and diversification. Its margin financing includes funding the long-term portion of working capital financing. The company also provides small and medium enterprise (SME) loans. Its term loans against property include term loans against property (residential and commercial), term loans for the purchase of property (commercial and industrial), and others.