SMILE Microfinance Unlisted Shares

₹55.00

1(Y)

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₹55.00

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SMILE Microfinance Unlisted Shares

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About Share

S.M.I.L.E Microfinance is a non-banking-finance company (NBFC), registered with and regulated by the Reserve Bank of India.The company is primarily engaged in providing microfinance services to Women from poor segments of urban/rural Tamilnadu and adopts Joint Liability Model(JLG) model to provide unsecured loans to the members.The model ensures credit discipline through weekly, fortnightly, monthly meetings to make sure individual members are diligent in utilizing the loan and are prompt in repaying their loan.The company SMILE Microfinance has presence across 7 states with a portfolio outstanding of INR 606 Cr, managed through a network of 144 branches and a team of more than 880 employees. It is the first Chennai based Microfinance Institution (MFI) to set up MFI operations and obtained license from RBI in 2015 and has a first mover advantage.

Fundamentals

SMILE Microfinance Unlisted Shares

₹55.00

Lot Size

52 Week High

52 Week Low

Depository

NSDL& CDSL

PAN Number

ISIN Number

INE786V01012

CIN

RTA

Market Cap (in cr)

P/E Ratio

0.68

P/B Ratio

0.68

Debt to Equity

ROE (%)

Book Value

₹80.85

Face Value

₹10.00

Valuation (In Cr)

Total Shares

17339693

FAQ's

What are unlisted shares?

Unlisted shares are shares of a company that are not listed on any recognized stock exchange. They are usually traded privately or through over-the-counter (OTC) markets, offering investors an opportunity to invest in companies before they go public.

Are unlisted shares safe to invest in?

Like any investment, unlisted shares carry risks, including lower liquidity and lack of regulatory oversight compared to listed stocks. However, they can offer higher growth potential as you invest in companies before they go public. It's important to conduct thorough research or consult with a financial advisor before investing.

What are the tax implications of buying and selling unlisted shares?

Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.

What is the difference between unlisted and listed shares?

Listed shares are traded on stock exchanges and are subject to strict regulatory oversight, which offers transparency and liquidity. Unlisted shares, on the other hand, are traded privately and may have limited information available, with lower liquidity but potentially higher growth prospects for early-stage investors.

How do I value unlisted shares?

Valuing unlisted shares can be complex since they are not publicly traded. The valuation typically depends on factors like the company's financials, growth potential, recent fundraising, and market conditions. It’s advisable to work with financial experts or brokers experienced in unlisted shares to get an accurate assessment.

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SMILE Microfinance Unlisted Shares

FAQ's

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