Saturday, January 17News That Matters

Tag: 121 Finance

Sep262025 by Sandeep SenguptaNo Comments
Dhillon Freight Carrier Limited to Launch INR 10.08 Crore IPO on BSE SME

Dhillon Freight Carrier Limited to Launch INR 10.08 Crore IPO on BSE SME

Business, Press Release
Kolkata (West Bengal) [India], September 26: Dhillon Freight Carrier Limited (DFCL), an emerging logistics solutions provider with over a decade of experience in road transportation, has announced its maiden initial public offering (IPO) to raise ₹10.08 crore. The IPO will open for subscription on September 29, 2025, and close on October 1, 2025. The equity shares are proposed to be listed on the BSE SME platform. The fixed price issue comprises 14,00,000 equity shares of face value ₹10 each, offered at ₹72 per share. Following the issue, the promoters’ holding will stand at 64.29%, while the public shareholding will be 35.71%. Founded in 2014 by Mr. Karan Singh Dhillon, DFCL began operations on a small scale as Dhillon Freight Carrier Private Limited. Over the years, it has expanded into ...
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Oct272021 by Sandeep SenguptaNo Comments

121 Finance goes live on OCEN enabled GeM Sahay

Business, Press Release
Jaipur (Rajasthan) [India], October 27: 121 Finance, an RBI registered NBFC, focused on Short Term Working Capital Finance, has become one of the first lenders on GeM SAHAY and hence one of the earliest adopters of OCEN (Open Credit Enablement Network). This Government e-Marketplace SAHAY initiative brings a complete financing solution for sole proprietors to avail instant, frictionless financing to help fulfil government orders. With this, 121 Finance joins ICICI Bank and UGRO capital on this platform. 121 Finance has built a proprietary technology stack that can provide end-to-end digital loans as low as Re.1. Passionate about Working Capital Management, Dr Ravi Modani founded 121 Finance, now present in 86 cities across the country. 121 Finance offers various innovative products rangin...
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