Avonmore Capital & Management Services Limited Right Issue

Incorporated in 1991, Avonmore Capital & Management Services Limited (ACMS) is engaged in lending and advisory services.

The Company operates as a Non-Banking Financial Company (NBFC), primarily engaged in providing loans to both corporates and individuals. Its main sources of income include interest earned from its lending activities and dividends received from investments in various ventures, along with capital appreciation. Additionally, the Company is a registered Mutual Fund distributor with the Association of Mutual Funds in India (AMFI) and participates in the distribution of a wide range of financial products, including mutual funds, equity IPOs, tax-saving schemes, and more.

The Company's subsidiary and step-down subsidiary businesses are involved in a diverse range of activities, including investment banking, management advisory services, stockbroking, depository participation, research analysis, merchant banking, wealth management, infrastructure consultancy, and the production of green fuel, among other sectors.


Their Business Model:

Lending Business: The company's business model is centered around lending activities like granting of loans & advances. They provide loans to corporations and individuals.
Investment Business: The Company plans to identify and invest in businesses that can grow over long time horizons and produce long-term value.