Archive · 11 Dec 2025
Stasfin Plans IPO in 12-18 Months
Stasfin is a digital lending company that gives personal loans to customers.
They have been around since 2016 and have a lot of customers, about 30 lakh.
The company has raised a lot of money from investors and is now planning to go public, which means they will sell shares of their company to the public.
They are aiming to do this in the next 12-18 months.
Stasfin has been making a profit for the last three years and has a good system for managing bad loans.
They also offer other financial services like bill payments and plan to expand into secured lending.
The company's assets under management are growing, and they expect to reach around ₹2,800-2,900 crore by the end of the current fiscal year.
Stasfin plans to launch an IPO within 12-18 months.
The company has raised $100 million in equity and $200 million in debt.
Stasfin has 30 lakh active customers with an average loan size of ₹1 lakh.
The company has been profitable for the last three years with gross NPAs at 5% and net NPAs at 2%.
Stasfin is expanding into bill payments and secured lending, aiming to launch its app by FY26 end.
- Who
- Stasfin, a digital lending startup co-founded by Shruti Aggarwal
- What
- Plans to go public via IPO in 12-18 months
- When
- IPO expected within 12-18 months
- Where
- Headquartered in Singapore with operations in India
- Why
- Has reached scale and profitability, with competitors already public or filing for IPOs
- Founded
- 2016
- NBFC License
- 2017
- Holding Company
- Morris Technologies (Singapore)
- Total Funding
- $100 million in equity, $200 million in debt
- Last Funding Round
- 2022
- AUM (Sep 2025)
- ₹2,100 crore
- Target AUM (FY25)
- ₹2,800-2,900 crore
- Active Customers
- 30 lakh
- Monthly Customers
- 13 lakh
- Underwriting Rate
- 5%
- Average Loan Size
- ₹1 lakh
- Max Loan Size
- ₹5 lakh
- Profitability
- Profitable for last 3 years
- Gross NPA
- 5%
- Net NPA
- 2%