ENBEE partners Sunrise FinServe to scale loan disbursement in Maharashtra and Gujarat
NOOR MOHMMED
12/Jun/2025

-
ENBEE teams up with Sunrise FinServe to streamline and expand its lending reach in semi-urban areas of Maharashtra and Gujarat
-
FY25 net profit jumps 217% to ₹4.95 crore, with revenues surging 92% YoY to ₹19.73 crore
-
Rights issue of ₹45.08 crore oversubscribed, with funds used to repay unsecured loans and boost capital base
Mumbai, June 12, 2025 – ENBEE Trade and Finance Limited (BSE: 512441), a non-deposit taking NBFC, has announced a strategic alliance with Sunrise FinServe Pvt Ltd, marking a crucial step in its vision to accelerate financial inclusion and streamline loan disbursement operations across Maharashtra and Gujarat.
The partnership is focused on scaling lending efficiency by leveraging Sunrise FinServe’s extensive distribution network, technology-enabled customer onboarding, and deep industry insights. It is expected to reduce turnaround time for loan applications, strengthen credit delivery, and expand ENBEE’s footprint across semi-urban and underserved markets.
Strategic Intent Behind the Alliance
The collaboration signifies ENBEE’s broader push to:
-
Enhance operational agility
-
Serve a wider base of customers faster
-
Boost credit access in Tier 2 and Tier 3 towns
Speaking on the development, ENBEE’s management stated:
“We are excited to partner with Sunrise FinServe Pvt Ltd to accelerate our growth in the retail lending space. This alliance is not just a step towards operational efficiency but also a strategic move to enhance financial inclusion. By leveraging Sunrise’s experience and digital reach, we aim to provide quicker, more accessible financial services to a broader customer base, especially in key markets like Maharashtra and Gujarat.”
FY25 Financial Performance
ENBEE delivered strong financial results for the fiscal year ended March 31, 2025, reflecting both revenue growth and profit expansion:
Metric | FY25 | FY24 | YoY Growth |
---|---|---|---|
Total Revenue | ₹19.73 crore | ₹10.25 crore | +92% |
Net Profit | ₹4.95 crore | ₹1.56 crore | +217% |
Q4 Net Profit | ₹1.64 crore | ₹0.93 crore | +76% |
These numbers highlight ENBEE’s operational discipline, execution strength, and customer-focused business approach.
Capital Strengthening through Rights Issue
In December 2024, the company successfully completed a Rights Issue worth ₹45.08 crore, offering 3,46,76,061 shares at ₹13 per share. The issue had an entitlement ratio of 121 Rights Equity Shares for every 50 fully paid-up shares held as of November 28, 2024.
The rights issue was oversubscribed by 1.03 times, with total bids received touching 3,55,58,889 shares on the BSE.
Use of Proceeds:
-
Repayment of unsecured loans from promoters and promoter group
-
Augmentation of capital base to fund future growth plans
Sustainability and ESG Commitments
ENBEE Trade and Finance is also aligning its lending strategy with Environmental, Social, and Governance (ESG) standards, demonstrating its commitment to sustainable finance. Key focus areas include:
-
Financing for solar panel installations and wind energy projects
-
Supporting EV charging infrastructure development
-
Funding startups promoting green and eco-friendly innovations
-
Backing social impact ventures in health, education, and livelihoods
This shift highlights ENBEE’s evolution beyond traditional lending into impact-driven financing, positioning the company as a responsible and forward-looking NBFC.
About ENBEE Trade and Finance Limited
Founded in 1985, ENBEE Trade and Finance Ltd is registered with the Reserve Bank of India as a non-deposit taking NBFC. The company specialises in offering:
-
Business loans
-
Personal loans
-
Structured financial solutions for SMEs and individuals
Operating primarily in western India, ENBEE is actively expanding its service coverage while innovating through digital partnerships and strategic alliances to meet the changing financial needs of its customers.
Conclusion
With a robust FY25 performance, a successful capital raise, and a strategic alliance with Sunrise FinServe, ENBEE Trade and Finance Ltd is well-positioned to drive inclusive growth and strengthen its lending ecosystem in Maharashtra, Gujarat, and beyond. Its sustainability-centric initiatives, combined with technology-led expansion, signal a new chapter of scalable, impact-oriented finance for the company.
The Upcoming IPOs in this week and coming weeks are Mayasheel Ventures, Eppeltone Engineers, Aten Papers, Patil Automation, Oswal Pumps, Samay Projects Services.
The Current active IPO are Jainik Power Cables, Monolithisch India.
Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.
Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.