Financial Services • Middle-layer NBFC lending to mid-market enterprises

Vivriti Capital Limited, listed here as Vivriti Finance, is a Chennai-based non-banking finance company. The company says it is registered with the Reserve Bank of India as a Middle Layer NBFC. It lends to mid-market enterprises, a segment that banks often find hard to serve. The Vivriti Group has two parts: Vivriti Capital, the NBFC, and Vivriti Asset Management, which runs fixed-income AIF schemes. According to the company's June 2025 press release, the group has financed 495+ mid-market enterprises across 55+ sectors and 20+ states since it began. Group assets under management grew 24.6% to INR 13,181 Cr in FY25, and group revenue was INR 1,429.1 Cr. Group profit after tax was INR 219.2 Cr, and net worth was INR 2,146.9 Cr. The release says the group has raised INR 1,400 crore of equity since inception. The NBFC's own audited standalone numbers for FY25 show total revenue from operations of INR 134,711.18 lakh and profit after tax of INR 22,004.08 lakh. Basic earnings per share were INR 22.91. Interest income is the bulk of revenue, at INR 126,996.57 lakh. For the nine months to 31 December 2025, the company reported profit after tax of INR 16,029.18 lakh on unaudited results. Vineet Sukumar, the Founder and Managing Director, signs the company's filings. The company's funding comes largely from borrowings. Its total debts to total assets ratio was 74.63% on 31 December 2025, and its capital adequacy ratio was 20.51%. Its filings list non-convertible debentures on BSE. The company has not yet got an IPO listing, and we do not have an IPO date or price band to share. Unlisted shares of a company like this trade off-market between private buyers and sellers, usually through dealers. Our indicative price is INR 650 per share with a lot size of 100 shares, which gives an implied market cap of INR 7,104.39 crore. Prices are indicative and not exchange-traded.
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Data refreshed 09 Nov 2026, 01:00 am IST.