BFL Asset Finvest

Non-Banking Financial Servicesbflfin.com

BFL Asset Finvest Limited is an RBI-registered NBFC based in Jaipur, listed on BSE (539662), that invests in securities, handles negotiable instruments, and makes inter-corporate loans for retail and institutional investors in India.

Company typePublic
Founded1995
HeadquartersJaipur, India
Headcount1–10
GTM typeB2B
OfferingServices

What BFL Asset Finvest does

BFL Asset Finvest Limited is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India, incorporated in 1995 and headquartered in Jaipur, Rajasthan. The company is publicly listed on the Bombay Stock Exchange under Scrip Code 539662 and was rebranded from BFL Developers Ltd. to its current name in March 2018 to align with its financial-services positioning. It operates three stated lines of business: securities investments and trading, negotiable instruments handling, and inter-corporate loans and investments, with a customer base described as retail and institutional investors anchored by a "loyal shareholder base."

The business model rests on deploying its own balance sheet — generated interest, trading, and investment income from securities holdings, negotiable instruments, and corporate loans rather than fee-based intermediation at scale. Supporting digital infrastructure is limited to an SEBI-mandated Online Dispute Resolution (ODR) portal for investor grievances and a basic complaint management system for loan enquiries. The entity has no identified subsidiaries and runs with a 1-10 employee headcount, indicating a lean operating footprint relative to its public-company status.

FY2026 (year ended March 2026) revenue was Rs 19.82 crore (~$2.4M USD at ~83 INR/USD), down 5.71% year-on-year, with a swing from a Rs 1.24 crore FY2025 profit to a Rs 5.58 crore FY2026 net loss. Q4 FY2026 sales turned negative at Rs -0.13 crore and the quarter alone recorded an Rs 8.36 crore loss, while Q3 FY2026 (December 2025) posted Rs 7.79 crore in revenue against a Rs 2.46 crore loss. The financial table provided in the input contains anomalous figures (e.g., revenue in the trillions) inconsistent with a sub-3M USD NBFC and was disregarded; the Rs 19.82 crore scale-commentary figure is treated as the primary anchor.

BFL Asset Finvest firmographics

Firmographics

Name: BFL Asset Finvest
Legal name: BFL Asset Finvest Limited
Website: https://bflfin.com
Company type: Public
Founded year: 1995
Operating status: Operating
Headcount range: 1–10 employees
Short description: BFL Asset Finvest Limited is an RBI-registered NBFC based in Jaipur, listed on BSE (539662), that invests in securities, handles negotiable instruments, and makes inter-corporate loans for retail and institutional investors in India.
Ownership category
akta.pro rank

BFL Asset Finvest industry classification

Industry

Product category: Non-Banking Financial Services
NAICS: Other Financial Investment Activities (5239), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
SIC: Miscellaneous Business Credit Institution (6159)
akta.pro primary industry: Securities Borrowing & Lending (Equities/Bonds) (FSACAIAC)
akta.pro secondary industry: Large-Cap / Sponsor Finance Direct Lending (FSANADAJ)

Keywords

Non-banking finance
Securities trading
Corporate lending
Investment services
NBFC services

Where BFL Asset Finvest is headquartered

Location

Headquarters

HQ city: Jaipur
HQ country: India
HQ region: Asia

Offices1 record

Markets served

BFL Asset Finvest business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Operations, Technology or R&D, Others

Distribution channels1 record

Marketing channels1 record

BFL Asset Finvest product offering

Product offering

Core offering

BFL Asset Finvest Limited is a Reserve Bank of India-registered Non-Banking Finance Company (NBFC) engaged in securities investments and trading, handling of negotiable instruments, and providing inter-corporate loans and investments. The company supports these core activities with investor-facing services such as an SEBI-mandated Online Dispute Resolution (ODR) Portal and an online Complaint Management System.

Product overview

BFL Asset Finvest Limited is a Non Banking Finance Company (NBFC) registered with the Reserve Bank of India, established in 1995 and headquartered in Jaipur, Rajasthan. The company operates as a single integrated financial services entity offering securities investments and trading, negotiable instruments handling, and inter corporate loans and investments. Supporting core operations, the company provides customer-facing digital services including an SEBI-mandated Online Dispute Resolution (ODR) Portal for investor grievance resolution and a Complaint Management System for loan enquiries and service requests. Formerly known as BFL Developers Ltd., the company rebranded to BFL Asset Finvest Limited effective March 1, 2018.

Differentiator

Problem solved

Functional benefit

Products and services

Securities Investments and Trading Investment and trading services in securities offered by BFL Asset Finvest as part of its RBI-registered NBFC operations, available to investors in the Indian capital markets.
Negotiable Instruments Services Handling of negotiable instruments as part of the financial services portfolio of the NBFC, supporting business and investment transactions.
Inter Corporate Loans and Investments Providing inter-corporate loans and managing investments for business growth as part of BFL Asset Finvest's NBFC operations, serving corporate clients in India.
Online Dispute Resolution (ODR) Portal SEBI-mandated online dispute resolution portal enabling investors to resolve securities market disputes through conciliation and arbitration via the SMART ODR platform.
Complaint Management System Online system for lodging loan enquiries, service requests, and complaints, with a defined complaint process flow serving customers of the NBFC.

Companies that use BFL Asset Finvest

Customer profile

Segments1 record

Ideal customer profiles1 record

BFL Asset Finvest technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

BFL Asset Finvest partnerships and signals

Strategic signal

Scale indicators5 records

Recent moves7 records

Expansion highlights2 records

BFL Asset Finvest competitors and assessment

Company assessment

Broad incumbents

Bajaj Finance Limited: India's largest listed NBFC, offering consumer and commercial credit as well as securities-linked products. Useful as a broad incumbent benchmark for the Indian NBFC category in which BFL operates.
Sundaram Finance Limited: Long-established Indian NBFC offering a diversified mix of lending and investment services. Relevant as an incumbent reference point for the type of regulated NBFC business BFL conducts.
Motilal Oswal Financial Services Limited: Established Indian financial services group covering securities, lending, and asset management. Comparable in business mix to BFL but vastly larger and with a national footprint versus BFL's Rajasthan focus.
Cholamandalam Investment and Finance Company Limited: Major Indian NBFC within the Murugappa Group providing vehicle and business financing plus investment products. Comparable as a large listed NBFC operating alongside smaller entities like BFL.
JM Financial Limited: Diversified Indian financial services group spanning lending, securities, and investment banking. Comparable as a broad incumbent in the same Indian NBFC/securities space, though materially larger and more diversified than BFL.
IIFL Securities Limited: Large Indian listed securities and financial services firm. Operates in the same securities, investment, and lending ecosystem as BFL but at a substantially larger scale and broader product set.

Direct peers

Keynote Financial Services Limited: Small Indian listed financial services company with securities and advisory operations. Comparable to BFL in being a small-cap listed entity operating in Indian capital markets and investments.
Aryaman Financial Services Limited: Small Indian listed financial services firm focused on capital markets, investment banking, and NBFC activities. Closely comparable to BFL in scale, listing status, and the combination of securities and lending operations.
Almondz Global Securities Limited: Indian listed financial services firm engaged in securities, investment banking, and lending. Closely comparable to BFL in scale and in combining a proprietary securities book with lending activities.
Choice International Limited: Indian listed financial services and NBFC group offering securities broking, investment, and lending activities. Comparable to BFL as a small-to-mid Indian listed NBFC with a similar mix of trading and investment businesses.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights5 records

Customer concentration

BFL Asset Finvest financial estimates

Financial estimate

Revenue estimate

Valuation estimate

BFL Asset Finvest leadership team

Management profile

Number of profiles

Profiles1 record

BFL Asset Finvest funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

BFL Asset Finvest M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BFL Asset Finvest

What does BFL Asset Finvest do?

Is BFL Asset Finvest a public or private company?

BFL Asset Finvest is a public company. It is classified as public and is currently operating.

When was BFL Asset Finvest founded?

BFL Asset Finvest was founded in 1995. It employs 1 to 10 people.

Where is BFL Asset Finvest based?

BFL Asset Finvest is headquartered in Jaipur, India, in the Asia region.

Who are BFL Asset Finvest's main competitors?

Broad incumbents on record are Bajaj Finance Limited, Sundaram Finance Limited, Motilal Oswal Financial Services Limited, Cholamandalam Investment and Finance Company Limited, JM Financial Limited and IIFL Securities Limited. Direct peers are Keynote Financial Services Limited, Aryaman Financial Services Limited, Almondz Global Securities Limited and Choice International Limited.

Does BFL Asset Finvest have an API?

No public API is recorded for BFL Asset Finvest.

What industry is BFL Asset Finvest in?

BFL Asset Finvest's product category is Non-Banking Financial Services. Its primary akta.pro industry code is FSACAIAC, Securities Borrowing & Lending (Equities/Bonds), with a secondary code of FSANADAJ, Large-Cap / Sponsor Finance Direct Lending. Its NAICS code is 5239 and its SIC code is 6159.