IIFL Samasta Finance Ltd. ('Samasta') is a systematically important NBFC-Micro Finance Institution (NBFC-MFI) in India that offers innovative and affordable financial products to women who are enrolled as members and organized as Joint Liability Group ("JLG") from unbanked sections in society including encompassing cultivators, agricultural laborers, vegetable and flower vendors etc. Samasta is a subsidiary of IIFL Finance Limited. It offers wide range of loans tailored for underserved individuals who lack access to traditional banking services and includes income generation loans ("IGL") (to establish a new enterprise or expand an existing business), top-up loans, loan against property, micro enterprise loan, Lifestyle and Family Welfare loans such as dairy cattle loan, sanitation and hygiene, acquisition of daily-use items like cook stoves, water purifiers, solar lights, mobile phones, and other products enhancing their way of life. Going beyond financial services, the Company also provides non-financial services, including life and hospicash insurance, along with financial counseling, ensuring comprehensive support for its valued customers. It believes that customer-centric business model, with wide range of product offerings, as well as well-designed product delivery and collection systems, have enabled it to achieve high customer retention rates and low credit costs. It has followed a strategy of contiguous branch expansion across regions. As of September 30, 2023, it had presence in 1,485 branches in 21 states & 1 union territory in India through 14,286 employees (including trainees), serving an active customer base of 27.26 lakh, as of September 30, 2023. Its operations are well-diversified at the branch level. Its AUM has grown by 62.75% from ₹ 6,483.84 Cr. as of March 31, 2022 to ₹ 10,552.12 Cr. as of March 31, 2023. Our AUM as of September 30, 2023 is ₹ 12,195.93 Cr.. As of Mar 23 Samasta had AUM of ₹ 10,552.12 Cr. with Net-Worth & Borrowings of ₹ 1,272.86 Cr. and ₹ 7,270.30 Cr. For FY23 its Interest Income stood at ₹ 1,539.63 Cr with PAT of ₹ 128.18 Cr. Its % Net stage 3 Loans on Loans (principal Amount) stood at 2.12% with CRAR of 17.14% as on Mar 23. As of Sep 23 its AUM stood at ₹ 12,195.93 Cr. with Net-Worth & Borrowings of ₹ 1,474.43 Cr. & 8,071.56 Cr. For 6-month period ended Sep’23 its Interest Income stood at ₹ 1,128.93 Cr. with PAT of ₹ 232.97 Cr. Its % Net stage 3 Loans on Loans (principal Amount) stood at 2.11% with CRAR of 21.04% as on Sep 23.