SICOM India Limited Unlisted Shares

A) Introduction Established in 1966 by the Government of Maharashtra, SICOM Limited (State Industrial & Investment Corporation of Maharashtra) began as a state-owned industrial development agency. Over time, it privatised (1995), retaining a focus on catalysing industrial, infrastructure, and IT-sector growth across Maharashtra and pan-India B) Business Model SICOM operates as a non-bank finance company (NBFC) providing both fund-based (long/short-term loans, leasing, bill discounting) and non-fund-based services (corporate advisory, mergers, loan syndication, feasibility studies). It supports entrepreneurs and projects through customized finance solutions C) Services Offered Project & Term Lending: Long-term industrial loans and working capital funding Leasing & Discounting: Equipment leasing and bill discounting Corporate Advisory: Transaction advisory, restructuring, and merger guidance Infrastructure Services: Feasibility and bid document support Special Situation Finance & Private Equity via subsidiary SIFL D) Reach Headquarters: Mumbai Regional Offices: Pune, Aurangabad, Nashik, Nagpur, and New Delhi Initially focused on Maharashtra’s backward regions and later expanded services across all of India E) Customer & Impact Metrics Assisted over 3,000 industrial units, closely linked to investments worth ~₹85,000 crore in Maharashtra’s growth zones Provided over ₹4,000 crore in long-term financing F) Funding & Financials Operates through internal accruals and capital backed by both private equity and government sources. Subsidiary SIFL targets high-growth financing and has broader funding tools As of FY24, net worth stood at ₹463.90 crore; revenue ₹97.31 crore; recorded a PAT loss of ₹1.87 crore; book value per share ₹76.34 ... Read more