ENBEE Trade and Finance Forms Strategic Alliance with Sunrise FinServe Pvt Ltd to Boost Loan Disbursement Efficiency

Partnership to enhance financial inclusion and streamline loan processing across Maharashtra and Gujarat

Highlights:

Mumbai, June 12, 2025: ENBEE Trade and Finance Limited (BSE: 512441), a non-banking financial company, today announced a strategic alliance with Sunrise FinServe Pvt Ltd in a move aimed at significantly enhancing the efficiency and scalability of its loan disbursement operations. The partnership marks a pivotal step in ENBEE’s ongoing efforts to strengthen its lending ecosystem, particularly across the states of Maharashtra and Gujarat.

This collaboration will see ENBEE leveraging Sunrise FinServe’s deep industry expertise, robust distribution network, and advanced customer acquisition capabilities to bolster its lending processes. The alliance is designed to optimize turnaround times, streamline application handling, and improve access to credit for underserved and semi-urban segments of the population.

The management of ENBEE Trade and Finance Ltd, commented, "We are excited to partner with Sunrise FinServe Pvt Ltd to accelerate our growth in the retail lending space. This alliance is not just a step towards operational efficiency but also a strategic move to enhance financial inclusion. By leveraging Sunrise’s experience and digital reach, we aim to provide quicker, more accessible financial services to a broader customer base, especially in key markets like Maharashtra and Gujarat."

For the financial year ended March 31, 2025, ENBEE Trade and Finance Ltd reported total revenue of Rs. 19.73 crore, a sharp increase from Rs.10.25 crore in FY 2023-24—translating to more than a 92% year-on-year growth. The company’s net profit for FY25 stood at Rs. 4.95 crore, reflecting a nearly 217% Y-o-Y rise compared to Rs. 1.56 crore in FY24. For the fourth quarter that ended on March 31, 2025, the company recorded a consolidated net profit of Rs. 1.64 crore, a 76% Y-o-Y rise compared to net profit of Rs.0.93 crore in Q4 FY24. These results underscore ENBEE's strong operational momentum, robust growth strategy, and disciplined financial execution.

Enbee Trade & Finance has taken an aggressive stance on sustainable finance, targeting projects in solar panel installations, wind energy developments, Electric Vehicle (EV) charging infrastructure.

Additionally, the company plans to fund startups promoting green technologies and enterprises aligned with ESG standards. This includes financial backing for renewable energy adoption, social impact ventures and eco-friendly industry practices.

The company came up with Rs 45.08 crore Right Issue in December 2024. The issue size was 3,46,76,061 shares. The Rights Issue was priced at ₹13 per share, offered existing shareholders an opportunity to enhance their equity stake in the company. The Board of Directors had considered and approved the rights issue, with an entitlement of 121 Rights Equity Shares for every 50 fully paid-up equity shares held as on the record date of November 28, 2024. Enbee Trade and Finance Rights Issue 2024 got oversubscribed by 1.03 times by the end of the bidding period with total bid quantity received by BSE of 3,55,58,889 shares.

The amount was raised to repay unsecured loans availed by the company from promoter and promoter group of the company as well as augmentation of capital base of the company.

About ENBEE Trade and Finance Limited

Established in 1985, ENBEE Trade and Finance Ltd is a non-deposit taking NBFC registered with the Reserve Bank of India. The company is primarily engaged in providing business loans, personal loans, and structured financial solutions to SMEs and individuals. ENBEE continues to focus on strengthening its presence in the western Indian states while embracing innovation and partnerships to serve evolving customer needs.

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