Baid Finserv Limited Company Profile: Products,Promoters and Clients

Baid Finserv Limited Company 

Established in 1991, Baid Finserv Limited (formerly Baid Leasing and Finance Company Limited) is a BSE & NSE listed company licensed by the Reserve Bank of India. As a Non-Deposit Taking NBFC, it offers various loans, focusing on semi-urban and rural areas in Rajasthan and Madhya Pradesh. Committed to transparency and trust, the company aims to provide affordable finance effectively and efficiently.

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Q1. What are the Product and service offerings of the Baid Finserv ?

Service Offerings:

  1. Vehicle Financing - Tractor, Commercial Vehicle, and Car Loans (up to 10 lakhs)
  2. Mortgage Facilities - MSME Loans and Property-backed Loans (up to 25 lakhs)
  3. Insurance Solutions - Life, Home, and Auto Insurance

Q2. Who are the Promoters of the Baid Finserv ?

Panna Lal Baid, Chairman and Managing Director, is the founder of Baid Leasing and Finance Co. Ltd. With over 50 years of expertise in diverse sectors, particularly finance, he established the company's strategic presence in high-yield pre-owned vehicle financing. Serving as an inspirational force, he guides the team and actively participates in strategic decision-making, promoting ethics and a motivating work culture for stable growth.

Aman Baid, Whole Time Director, holds a post-graduate degree in FMB from SP Jain School of Global Management and is an alumnus of the Lawrence School, Sanawar. Since joining the company in 2013, he has played a key role in establishing new distribution points, evaluating new products, and deploying credit policies. 

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His meticulous approach has enabled the company to analyze and mitigate risks, expanding into new territories. He has also fostered strong relationships with lenders and bankers. His vision is to transform Baid Finserv Limited into a sustainable, profitable NBFC built on trust, equality, and integrity.

Aditya Baid, CFO and Product Head for MSME and Property Loans, represents the third generation of entrepreneurs. With over 9 years of experience, he specializes in MSME and secured Property Loans. Aditya is an alumnus of prestigious institutions such as The Lawrence School, Sanawar, and the S.P. Jain Institute of Management and Research.

Q3. Who are the Clients of the Baid Finserv ?

In FY24, Vehicle Loans contribute to 7% of the revenue share and 12% of the total Asset Under Management (AUM) share. Mortgage Loans constitute 92% of the total revenue and 88% of the overall AUM share.

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