Aasaan Loans IPO Review & Recommendations

Aasaan Loans IPO Peer Comparison

Akme Fintrade India Ltd peer comparison with similar listed entities. (As on March 31, 2023)

Notes:

1. Financial information for Akme Fintrade (India) Limited is derived from the Restated Financial Statements for the year ended March 31, 2023.
2. All the financial information for listed industry peers mentioned above is on a consolidated basis and is sourced from the annual reports/ financial results as available of the respective company for the year ended March 31, 2023, submitted to stock exchanges.
3. Basic EPS refers to the Basic EPS sourced from the financial results of the respective company for the year ended March 31, 2023.
4. The P/E Ratio has been computed based on the closing market price of equity shares on BSE on February 21, 2024, divided by the Diluted EPS provided under Note 1.
5. RoNW is computed as net profit after tax (including profit attributable to non-controlling interest) divided by closing net worth. Net worth has been computed as sum of paid-up share capital and other equity
6. The P/B Ratio is computed as the closing market price of equity shares on the BSE as of February 21, 2024, divided by NAV as of March 31, 2023.
7. Total Equity includes equity share capital and other equity derived from our Restated Financial Statements as of the last day of the relevant year
8. Net Asset Value per Equity Share is computed as the Total Equity divided by the equity shares outstanding as of March 31, 2023.
9. The listed peers are identified by us based on a similar line of business with our Company; however, they are not comparable in size to the company.