Karnavati Finance Limited (KFL), established in 1984 and headquartered in Mumbai, operates as a Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India. Specializing in financial services, KFL provides a range of loans including personal, business, vehicle, and loans against property to both individual and non-individual clients. Additionally, the company offers money changing services under a Full Fledged Money Changer (FFMC) license, obtained in 2016.
Acquired by Mr. Raman Morzaria in 2001, KFL has shown potential for growth in the finance sector. The company's shares have been listed on the Main Board of BSE Limited since August 2017. Operating chiefly from Mumbai with a corporate office in Jamnagar, KFL's diverse service offerings and strategic market positioning present promising opportunities for expansion in the non-deposit accepting NBFC market.
