Strong and resourceful promoters
The company is promoted by Akash Bhanshali who leads the principal
investments unit of Enam Holdings Pvt Limited. Bhanshali, through his family LLP – ELME Advisors LLP – and BCML,
each held a 43.90% stake in Auxilo as on March 31, 2023. other investors are ICICI Bank, TATA Capital Growth Fund
II, Trifecta Leaders Fund I.
Adequate Capitalisation
Capital adequacy ratio (CAR) and Tier-I CAR at 24.71% and 24.39%,. against RBI’s
regulatory requirement of 15%
Adequate Liquidity
As per ALM submitted by the company on September 30, 2023, the liquidity profile is
adequate, with no negative cumulative mismatches in any time bucket up to one year, aided by sufficient cash and
liquid investments maintained by the company compared to its borrowings.
Experienced management team
Auxilo is led by an experienced senior management team, with the board
comprising seven directors, which includes Bhansali and Vivek Saraogi. The operations of Auxilo are headed by
Neeraj Saxena, MD& CEO. Saxena has served as the CEO of Avanse Financial Services Limited, he has also worked in
leadership roles in DHFL, Tata Retail Enterprise (Trent), Piramal Retail, and Ernst & Young (EY). He is assisted by an
experienced senior management team.