Comfortable capitalisation
Tyger Capital Private Limited (TCPL) benefits from financial flexibility due to Bain
Capital's ownership. In July 2023, Bain Capital (AUM: $18,000 crore USD) invested in TCPL through BCC Atlantis II
Pte Ltd, a Singapore-based entity. Bain holds a 93% stake in TCPL, its first controlling stake in India’s financial
services sector
Adequate asset quality metrics
TCPL maintains adequate asset quality metrics, with GNPA at 2.0% and 2.3% as
of March 31, 2024, and September 30, 2024, supported by a moderate operational track record
Experienced management
Bain Capital has appointed three directors to TCPL’s Board. The group’s experienced
management team has successfully scaled operations in housing and non-housing finance, leveraging extensive
expertise and a proven track record in the financial services sector
Diversified lending portfolio
TCPL’s lending business is well-diversified across retail-focused asset classes. As of
September 30, 2024, the portfolio included business loans (33% of AUM), farm sector finance (28%), commercial
vehicle loans (11%), home loans (17%), loan against property (7%), and supply chain finance (4%)