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About Us > Market Leadership
Market Leadership
In one of the most difficult years for the NBFI industry, Magma attracted the largest equity infusion in any single year in its history.
Two of the most respected names in the global financing industry invested Rs. 439 crore in our capital in 2011-12.
The US$ 41bn IFC Washington and the US$ 64 bn Kohlberg Kravis Roberts cumulatively acquired a 27.75 percent stake in Magma's equity during the year under review.
Why would these respected international institutions invest in Magma in a challenging year?.
Because Magma is one of the most dynamic proxies of India's consumption boom. The Company outperformed its NBFI sectoral average every single year in the last four years.
Because Magma has grown through good and bad industry cycles. The Company's performance indicators - collection efficiency, net interest margin, credit losses and turnaround time - have been consistently among the best in India. Making it prudent to invest in the downturn with the optimism of generating the quickest rebound as soon as the economy revives.