AL
Auxilo finserve private limited
Non-Banking Financial Company (NBFC)
Issuer Summary
A+
By CRISIL
3900+ crores
of AUM
Key highlights
Founded in October 2017, Auxilo is an RBI-registered NBFC dedicated to education financing, focusing on Higher Education Loans (HEL) for students and loans to institutions (EIL) As of June 30, 2024, AUM stood at ₹3,604 Cr (₹2,942 Cr as of March 2024), growing \~23% in Q1 FY25; all of it was education loans, with \~97% HEL lending. Promoter strength: backed by ELME Advisors (Akash Bhanshali) & Balrampur Chini Mills (~~60% stake), which have infused equity funding (~~₹769 Cr total). CRISIL affirms rating largely due to this support.
Key Leaders and Motto
NS
Neeraj Saxena
MD & CEO
Vision: To be a fair, valued & profitable institution with a healthy portfolio of happy customers. Mission: To enable equitable access to quality education through innovative financing, empowering individuals and institutions to achieve their goals.
Contact and other details
Pan
Cin
U65990MH2016PTC286516
Email
customercare@auxilo.com
Address
Office No. 63, 6th Floor Kalptaru Square, Kondivita Road, Andheri East, Mumbai-400059
Founded In
2016