Centrum Capital
Centrum Capital is a publicly listed Indian financial services holding company operating integrated lending (SME/MSME and microfinance), wealth management, stock broking, insurance distribution, investment banking, and alternative investments, with Unity Small Finance Bank as a wholly owned subsidiary.
- Company typePublic
- Founded1977
- HeadquartersMumbai, India
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What Centrum Capital does
Centrum Capital Limited is a publicly listed Indian financial services holding company (BSE: 501150, NSE: CENTRUM), incorporated in 1977 and headquartered in Mumbai, that operates as an integrated financial services platform across four business verticals: Lending (now primarily SME/MSME finance through Centrum Financial Services Limited, an RBI-registered NBFC upgraded to CIC status in 2022, and microfinance through Centrum Microcredit Limited with 130 branches across 72 districts serving 2,10,000+ women entrepreneurs under the JLG model), Wealth, Broking and Insurance (open-architecture wealth management, retail and institutional stock broking via the Centrum Finverse digital portal, and multi-line insurance distribution), Investment Banking and Institutional Equities (debt and equity capital raising, infrastructure advisory, and institutional research — having placed over Rs 2 trillion of capital cumulatively across sectors for blue-chip corporates, PSUs, and financial institutions), and Alternative Investments (private credit and venture debt through Centrum Alternatives LLP and Modulus Alternatives). The group also operates Unity Small Finance Bank as a wholly owned subsidiary offering banking, depository and authorized dealer services.
The company monetizes through a diversified mix of fee-based revenue streams (investment banking advisory and underwriting fees, wealth management and insurance distribution commissions, stock broking transaction fees, and alternative-investment management fees) and interest income from its NBFC and small finance bank lending operations. Distribution combines enterprise field sales for investment banking and wealth, a self-serve digital portal (Centrum Finverse) for retail broking, and a physical branch network for lending to underserved tier 2 and tier 3 markets. Recent corporate actions — the divestiture of Centrum Housing Finance Limited to Weaver Services (completed March 2026 for ~Rs 600 crore) and the surrender of the parent's SEBI Category I Merchant Banker registration (February 2026) — indicate active portfolio reshaping, while new partnerships (Bandhan Bank 3-in-1 account, Terra Alliance international network membership) and senior leadership additions at Centrum Wealth and Modulus Alternatives signal continued investment in the remaining fee-based and alternatives franchises.
Q4 FY2026 consolidated net sales were Rs 1,029.69 crore, down 7.75% year-on-year, with a Rs 31.27 crore consolidated net loss for the quarter, reflecting in part the divestiture-led restructuring. The company is led by Executive Chairman Jaspal Bindra and Chairman Emeritus Chandir Gidwani, with Jaspal Bindra and Chandir Gidwani identified as founders of the group.
Centrum Capital firmographics
Firmographics- Name
- Centrum Capital
- Legal name
- Centrum Capital Limited
- Website
- https://centrum.co.in
- Company type
- Public
- Founded year
- 1977
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Centrum Capital is a publicly listed Indian financial services holding company operating integrated lending (SME/MSME and microfinance), wealth management, stock broking, insurance distribution, investment banking, and alternative investments, with Unity Small Finance Bank as a wholly owned subsidiary.
- Ownership category
- akta.pro rank
Centrum Capital industry classification
Industry- Product category
- Diversified Financial Services
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940), Miscellaneous Financial Investment Activities (523999)
- SIC
- Miscellaneous Business Credit Institution (6159), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- SME Term Loans & Growth Capital (FSAKAGAB)
- akta.pro secondary industries
- Microloans & Working Capital Loans (FSAKAGAA), Middle-Market Lending (FSANADAI)
Keywords
Where Centrum Capital is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Centrum Capital business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Fee-based Financial Services: Provides fee-based financial services to blue-chip corporates, PSUs, banks and financial institutions including placement of debt and equity capital. Revenue generated through advisory fees, underwriting fees, and transaction-based charges.
- Stock Broking and Distribution: Brokerage revenue from retail and institutional stock broking, distribution of mutual funds and other investment products through digital portal and relationship managers.
- Wealth Management: Open architecture wealth management platform providing investment advisory across asset classes, generating fees from distribution of third-party investment and insurance products.
- Lending Operations: Interest income from housing finance, SME/MSME loans, and microfinance lending operations. Focus on underserved populations in tier 2 and tier 3 cities.
- Asset Management: Alternative investment funds including private credit, venture debt, and structured credit through Centrum Alternatives LLP and Modulus Alternatives.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Centrum Capital product offering
Product offeringCore offering
Centrum Capital is an integrated financial services group offering investment banking and institutional equities, wealth management, stock broking, insurance distribution, housing finance, SME/MSME lending, microfinance, and alternative investments through multiple subsidiaries. The group operates across four primary business verticals — Lending, Wealth/Broking/Insurance, Investment Banking & Institutional Equities, and Alternative Investments — serving corporates, HNWIs, retail investors, and underserved segments.
Product overview
Centrum Capital operates as an integrated financial services platform offering a comprehensive suite of products across four main business verticals: Lending (housing finance, SME/MSME finance, and microfinance), Wealth Management & Broking (wealth advisory, stock broking, and insurance distribution), Investment Banking & Institutional Equities (capital markets advisory, debt/equity raising, and infrastructure advisory), and Alternative Investments (private credit and venture debt). The core platform is organized around specialized subsidiaries including Centrum Housing Finance Limited (CHFL), Centrum Microcredit Limited, Centrum Financial Services Limited, Unity Small Finance Bank, and Centrum Broking/Centrum Finverse. Each business vertical offers distinct product lines that serve different customer segments from retail individuals to corporate clients, with technology-enabled platforms supporting digital trading, lending operations, and wealth management services.
Differentiator
Problem solved
Functional benefit
Brands
- Unity Small Finance Bank: Small Finance Bank providing banking services
- Centrum Wealth
- Centrum Broking
- Centrum Alternatives
- Centrum Finverse
- Centrum Housing Finance Limited (CHFL)
- Centrum Microcredit Limited
- Centrum Financial Services Limited (CFSL)
Products and services
- Investment Banking Fee-based financial services including debt and equity capital raising, corporate finance advisory, and infrastructure advisory for blue-chip corporates, PSUs and financial institutions.
- Institutional Equities Research and distribution services for institutional investors with coverage on large and emerging mid-cap companies.
- Wealth Management Open architecture investment advisory platform across asset classes with distribution services, family office and corporate treasury offerings.
- Stock Broking Digital trading platform for stocks and mutual funds serving both retail investors and traders.
- Insurance Distribution Distribution of life, general, health, and travel insurance products across multiple insurance companies through an open architecture model.
- SME & MSME Finance NBFC services providing flexible financing solutions including working capital, trade finance, supply chain financing, real estate finance and credit solutions for SMEs and MSMEs in metros and Tier II cities.
- Microfinance Microcredit services providing loans to low-income women entrepreneurs in urban, semi-urban and rural areas through Joint Liability Group (JLG) model for income generation and financial inclusion.
- Housing Finance Long-term housing finance services targeting middle-class India, providing home loans and non-home loans for lower and middle-income families in tier 1, 2 and 3 cities under the PMAY scheme.
- Private Credit Structured credit investment products providing financing solutions through alternative investment funds via Centrum Alternatives LLP and Modulus Alternatives.
- Venture Debt Debt financing solutions for growth-stage companies and startups as an alternative to traditional equity funding.
- Unity Small Finance Bank Small Finance Bank offering banking services including deposits, loans, and digital banking products, operated as a subsidiary within the Centrum Group with AD license and depository participant services.
- Centrum Finverse Digital stock broking, research analyst, and depository participant services providing technology-enabled investment and trading solutions.
Companies that use Centrum Capital
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles6 records
Centrum Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Centrum Capital partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- Axis CapitalminorAxis Capital serves as book running lead manager for IPOs including Bonfiglioli Transmissions. Centrum Capital also serves as book running lead manager for various IPO mandates.
- Bonfiglioli TransmissionsminorCentrum Capital serves as book running lead manager for Bonfiglioli Transmissions IPO, a pure offer for sale of up to 4.70 crore shares planned for listing on NSE and BSE.
- Bandhan BankcoreCentrum Finverse partnered with Bandhan Bank to launch a seamless 3-in-1 account offering integrated banking and investment services.
- Terra AllianceminorCentrum Capital appointed as a member firm with Terra Alliance, an international network of independent financial advisory firms for cross-border deal flow and expertise sharing.
- Unity Small Finance BankcoreUnity Small Finance Bank is a subsidiary within the Centrum Group, offering digital banking services and operating as a small finance bank with AD license and depository participant services.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Centrum Capital competitors and assessment
Company assessmentDirect peers
- IIFL Finance / IIFL Securities: Closest like-for-like peer: Indian listed financial group offering diversified services across NBFC lending, wealth management, broking, and investment banking. Comparable scale, multi-vertical structure, and similar GTM across retail and institutional clients.
- Motilal Oswal Financial Services: Indian listed group combining institutional equities research, broking, wealth management, asset management (including alternatives via Motilal Oswal Alternates), and housing finance. Overlaps with Centrum in investment banking, broking, wealth, and alternatives.
- JM Financial: Indian listed financial group with parallel verticals: investment banking, institutional equities, wealth/broking, NBFC lending (home loans, SME, structured credit), and alternative asset management. Very comparable business mix and scale.
- Edelweiss Financial Services: Indian listed diversified financial group spanning credit (retail, SME, wholesale), alternatives, wealth, and insurance. Comparable multi-vertical structure including ECL Finance (NBFC) and Edelweiss Alternatives.
- Cholamandalam Investment and Finance Company: Major Indian listed NBFC with vehicle finance, home loans (incl. affordable housing), SME loans, and wealth distribution. Comparable lending focus, especially in affordable housing and SME which directly overlaps with CFSL and (pre-divestiture) CHFL.
- MAS Financial Services: Indian listed NBFC focused on micro-enterprise, SME, and two-wheeler financing with strong tier 2/3 distribution. Highly comparable to Centrum's SME/MSME and microfinance lending verticals in terms of customer profile and ticket size.
- Five-Star Business Finance: Indian listed NBFC focused on affordable housing and small business loans in tier 2/3 and semi-urban India. Directly comparable to CFSL's SME/MSME lending and (pre-divestiture) CHFL's affordable housing focus.
- Spandana Sphoorty Financial: Indian listed microfinance institution serving women borrowers in rural and semi-urban India via JLG model. Directly comparable to Centrum Microcredit's customer segment, product (micro loans via JLG), and geographic focus on underserved states.
Broad incumbents
- Kotak Mahindra Bank: Large diversified Indian financial group with banking, investment banking (via Kotak Mahindra Capital), broking (Kotak Securities), and asset management. Significantly larger scale; benchmark for the integrated financial services model Centrum aspires to.
- ICICI Securities: Indian listed institutional broker and investment bank (subsidiary of ICICI Bank) offering equity capital markets, broking, wealth, and distribution. Overlaps directly with Centrum's investment banking, institutional equities, and broking verticals, though at much larger scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Centrum Capital social profiles
Digital presenceCentrum Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Centrum Capital leadership team
Management profileNumber of profiles
Profiles1 record
Centrum Capital subsidiaries and ownership
Company hierarchySubsidiaries19 records
Centrum Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Centrum Capital M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Centrum Capital
What does Centrum Capital do?
Centrum Capital is an integrated financial services group offering investment banking and institutional equities, wealth management, stock broking, insurance distribution, housing finance, SME/MSME lending, microfinance, and alternative investments through multiple subsidiaries. The group operates across four primary business verticals — Lending, Wealth/Broking/Insurance, Investment Banking & Institutional Equities, and Alternative Investments — serving corporates, HNWIs, retail investors, and underserved segments.
Is Centrum Capital a public or private company?
Centrum Capital is a public company. It is classified as public and is currently operating.
When was Centrum Capital founded?
Centrum Capital was founded in 1977. It employs 5,001 to 10,000 people.
Where is Centrum Capital based?
Centrum Capital is headquartered in Mumbai, India, in the Asia region.
How does Centrum Capital make money?
Five revenue lines are on record. Fee-based Financial Services are the primary driver. The others are stock Broking and Distribution, wealth Management, lending Operations and asset Management.
Who are Centrum Capital's main competitors?
Direct peers on record are IIFL Finance / IIFL Securities, Motilal Oswal Financial Services, JM Financial, Edelweiss Financial Services, Cholamandalam Investment and Finance Company, MAS Financial Services, Five-Star Business Finance and Spandana Sphoorty Financial. Broad incumbents are Kotak Mahindra Bank and ICICI Securities.
Does Centrum Capital have an API?
No public API is recorded for Centrum Capital.
What industry is Centrum Capital in?
Centrum Capital's product category is Diversified Financial Services. Its primary akta.pro industry code is FSAKAGAB, SME Term Loans & Growth Capital, with a secondary code of FSAKAGAA, Microloans & Working Capital Loans. Its NAICS code is 523 and its SIC code is 6159.