Moneyboxx Finance Limited, a listed non-banking financial company (NBFC) focused on lending to small and micro entrepreneurs in rural and semi-urban India, has raised ₹33.4 crore through a preferential allotment of equity shares to strengthen its capital base and support expansion plans.
The company allotted 44 lakh equity shares with a face value of ₹10 each at an issue price of ₹76 per share, including a premium of ₹66 per share.
With this latest allotment, the company’s total equity capital raised since inception has reached ₹303.9 crore, including the current round. The funds raised during FY26 have come entirely from promoters and existing shareholders, reflecting their continued support for the company’s business model and growth strategy.
The proceeds will be used to expand the company’s branch network in high-potential markets, support growth in assets under management (AUM), and strengthen technology-led underwriting and risk management systems.
Moneyboxx Finance has adopted a “phygital” lending model that combines on-ground distribution with data-driven credit assessment to provide loans linked to borrowers’ income profiles, particularly targeting underserved segments.
Commenting on the development, Deepak Aggarwal said the equity infusion reinforces investor confidence and will help the company scale its financial inclusion initiatives while improving operational efficiency through technology.
The NBFC said it remains focused on building a technology-enabled rural lending platform aimed at expanding access to credit while delivering long-term value to customers and stakeholders.