Mantra Capital Crosses Rs 250 Mn AUM in First Year of Operations
ECONOMY & POLICY

Mantra Capital Crosses Rs 250 Mn AUM in First Year of Operations

Mantra Capital proudly announces a major milestone, surpassing Rs 250 million in Assets Under Management (AUM) within its first year of business operations. This achievement marks an important step in the company's strategic growth journey.

Following the successful completion of its rights issue of Rs 480.98 million on 04th April 2024, Savani Financials Limited swiftly strengthened its leadership and management teams, setting the stage for strong foundation. In just six months, the company has reached several notable benchmarks:

• Established a solid market presence under the Mantra Capital brand, offering specialized financial products. • Commenced operations with the brand name of Mantra Capital • Crossing an AUM of Rs 250 million with a 100 per cent secured lending portfolio - Focus on two product segments : Secured Business loans (Loan Against Property) , Secured Green loans • 15 branch network across the high growth potential markets of Karnataka, Andhra Pradesh, Telangana and NCR Region • Strategic alliance with Mahindra Last Mile Mobility.

Commenting on the milestone achievements, Jatinder Mohan Singh Shah said: “F.Y. 25 has been the year of building a strong foundation and we look forward to F.Y. 26 to continue our strong growth trajectory and achieving the twin objectives of providing targeted and structured financial solutions to high potential underserved segments as well as ensure a profitable, sustainable business”

Deepa Tracy, Managing Director said “At Mantra Capital, we believe that financial access is a fundamental right. Our mission is to empower entrepreneur business owners with financial solutions that power growth, livelihoods and foster an inclusive and positive societal impact.”

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Mantra Capital proudly announces a major milestone, surpassing Rs 250 million in Assets Under Management (AUM) within its first year of business operations. This achievement marks an important step in the company's strategic growth journey. Following the successful completion of its rights issue of Rs 480.98 million on 04th April 2024, Savani Financials Limited swiftly strengthened its leadership and management teams, setting the stage for strong foundation. In just six months, the company has reached several notable benchmarks: • Established a solid market presence under the Mantra Capital brand, offering specialized financial products. • Commenced operations with the brand name of Mantra Capital • Crossing an AUM of Rs 250 million with a 100 per cent secured lending portfolio - Focus on two product segments : Secured Business loans (Loan Against Property) , Secured Green loans • 15 branch network across the high growth potential markets of Karnataka, Andhra Pradesh, Telangana and NCR Region • Strategic alliance with Mahindra Last Mile Mobility. Commenting on the milestone achievements, Jatinder Mohan Singh Shah said: “F.Y. 25 has been the year of building a strong foundation and we look forward to F.Y. 26 to continue our strong growth trajectory and achieving the twin objectives of providing targeted and structured financial solutions to high potential underserved segments as well as ensure a profitable, sustainable business” Deepa Tracy, Managing Director said “At Mantra Capital, we believe that financial access is a fundamental right. Our mission is to empower entrepreneur business owners with financial solutions that power growth, livelihoods and foster an inclusive and positive societal impact.”

Next Story
Infrastructure Transport

Indian Railways Marks New Milestone with 4.5 km Long ‘Rudrastra’ Trial

Indian Railways has successfully conducted the trial run of Asia’s longest freight train, named ‘Rudrastra’, achieving a new milestone in cargo transportation, as per news reports. The 4.5 km-long train began its trial from Ganjkhwaja railway station in Chandauli, Uttar Pradesh, and travelled to Garhwa in Jharkhand. Covering a distance of 209 km in 5 hours and 10 minutes, it maintained an average speed of 40.5 km per hour. The train was formed by combining three long-haul racks, with ..

Next Story
Infrastructure Energy

UltraTech Launches India’s First On-Site Hybrid RTC Renewable Energy Project

UltraTech Cement has operationalised a 7.5 MW round-the-clock (RTC) hybrid renewable energy project at its Sewagram Cement Works in Gujarat. The first-of-its-kind solution combines bifacial solar modules with trackers, wind energy and battery storage, co-located on-site, to ensure uninterrupted power for cement manufacturing without grid reliance. The project was executed in collaboration with clean energy solutions provider Gentari. Installed as a behind-the-meter system, it is the country..

Next Story
Infrastructure Transport

Patna Metro Trials Successful, Red Line Priority Corridor to Launch This Month

Patna is set to roll out its first metro rail service later this month, with successful trial runs conducted on the Red Line priority corridor, the Patna Metro Rail Corporation announced.On 7 September, a metro train completed a test run between the Patna depot and Bhootnath station. Officials said the trials involved rigorous checks of rolling stock fitness, overhead electrification (OHE), and track alignment and stability to ensure operational safety and performance.The corridor from the New Pataliputra Bus Terminal to Bhoothnath has been designated as the priority stretch and will be the fi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?