Company Intelligence Profile
Aviom India Housing Finance Private Limited
Aviom is an NBFC-Housing Finance Company (HFC) positioned in the "white space between traditional housing finance and microfinance," serving rural and semi-urban India, particularly women borrowers.
Last updated 17 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | Aviom India Housing Finance Private Limited |
|---|---|
| CIN | U65993DL2016PTC291377 |
| PAN | AAOCA1595P |
| Status |
|
| Listing | Not listed (unlisted private limited company; NBFC-HFC, not on any stock exchange) |
| Incorporated | 18 February 2016 |
| ROC | RoC Delhi |
| Sector (NIC) |
|
| Registered address | Worldmark 3, Unit 306A, 3rd Floor, Asset Area No. 7, Hospitality District, Delhi Aerocity, Near Indira Gandhi International Airport, New Delhi – 110037 |
| Authorized capital | ₹60.2 crore |
| Paid-up capital | ₹50.8–50.84 crore, issued & subscribed same |
Business Overview
Partial / conflicting- Aviom is an NBFC-Housing Finance Company (HFC) positioned in the "white space between traditional housing finance and microfinance," serving rural and semi-urban India, particularly women borrowers
- Products: home renovation/improvement loans, home extension loans, home sanitation (toilet-construction) loans, and loan-against-property
- Runs the "Aviom Shakti" women-agent distribution model (100,000+ participants per company site)
- Company claims 80,000+ loans disbursed, 50,000+ toilets funded, operations across 13 states / 350 branches
- Founded 2016; founders reported in press/Tracxn-indexed coverage as Kaajal (Aijaz) Ilmi and Samir Malik
Directors
Partial / conflictingCurrent per registry aggregators (Tofler, TheCompanyCheck — confirmed for these two, 2 sources agree):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Kaajal Aijaz Ilmi | 01390771 | Managing Director & CEO | 31 May 2018 |
| Kunal Sikka | 09082591 | Director | 25 Feb 2021 |
Financials
Partial / conflictingLatest figures found:
- FY2024 Revenue: ₹416.85 crore, reported as +72% YoY — FLAG: this revenue figure looks unusually high for this company's scale relative to other indicators (350 branches, HFC niche lender) and could not be cross-verified on a second source; treat as partial/uncertain, possible data-quality issue on the aggregator side.
- Tofler (separate page) shows FY2024 (standalone) YoY deltas only, actual rupee values gated behind paid subscription: EBITDA +60.28% YoY, PAT/Net Profit +185.61% YoY, Net Worth +40.03% YoY, Total Borrowings +44.12% YoY. Revenue range shown only as "₹100–500 crore" bracket.
- EBITDA, PAT, Net Worth absolute rupee values: not obtained (paywalled on both sources).
Given the conflict/uncertainty on the revenue figure and total paywall-gating of profit/net-worth, mark financials overall as partial.
Funding History
Partial / conflicting- Series A: ~$2.3M from Insitor Impact Asia Fund (reported Feb 2018)
- ~₹60 crore raised from unnamed foreign investors (reported Aug 2019)
- Series D funding round mentioned (reported June 2023) — round size and investors not obtained
No primary press release or Entrackr/Inc42 article was independently fetched to corroborate these; treat all funding figures as partial/unverified single-source.
Charges & Loans
Partial / conflictingExtensive charge/debt profile:
- TheCompanyCheck: Open charges ₹2,342.35 cr; satisfied charges ₹503.91 cr; ~54 total charge holders. Sample lenders: HDFC Bank ₹83.50 cr, SBI ₹49.93 cr (among others).
- Tofler charges page: top charge holders — Catalyst Trusteeship Limited ₹615 cr (16 loans, latest creation 30 Sep 2024), India SME Asset Reconstruction Company Limited ₹239 cr (17 loans, latest 03 Oct 2025), Phoenix ARC Private Limited ₹117 cr (8 loans, 30 Aug 2025), LIC Housing Finance Limited ₹110 cr (3 loans, 13 Sep 2023), HDFC Bank Limited ₹108.5 cr (5 loans, 25 Jul 2023).
- Note the discrepancy between the two sources on total open-charge scale and specific lender amounts — numbers are directionally consistent (very high leverage / many secured lenders, including ARCs, consistent with the company's ongoing insolvency proceedings) but not reconcilable to a single confirmed total; report both rather than picking one.
- Litigation tied to defaults: Indian Kanoon shows recovery suits by Aditya Birla Finance, Kotak Mahindra Investments, Tata Capital, Venus India Asset-Finance, STCI Finance, and Arka Fincap against the company (Delhi High Court, filings dated Dec 2024–May 2026) — consistent with the charges data and the CIRP status.
Legal / Litigation
Partial / conflictingIndian Kanoon search for "Aviom India Housing Finance" returns 63 total results, concentrated in Delhi High Court, almost all appearing to be lender recovery/enforcement suits against the company, consistent with financial distress preceding CIRP:
- Aditya Birla Finance Limited vs Aviom India Housing Finance Limited — Delhi HC, 24 Dec 2024
- Kotak Mahindra Investments Ltd vs Aviom India Housing Finance Pvt. Ltd. — Delhi HC, 24 Dec 2024
- Tata Capital Limited vs Aviom India Housing Finance Pvt. Ltd. — Delhi HC, 24 Dec 2024
- Venus India Asset-Finance Pvt. Ltd vs Aviom India Housing Finance Private — Delhi HC, 27 Dec 2024
- STCI Finance Ltd vs Aviom India Housing Finance Private Limited — Delhi HC, 12 Feb 2025 and 24 Dec 2024
- Arka Fincap Limited vs Aviom India Housing Finance Private Limited — Delhi HC, 19 May 2026
Full list of all 63 results not obtained (only a search-result summary was fetched, not every case). Separately, company's own website (aviom.in) states RBI superseded the board on 27 Jan 2025 and NCLT appointed an Administrator (Mr. Ram Kumar) under CIRP, order referenced around 20 Feb 2025 — this is the single most load-bearing legal/regulatory fact and should be prominently flagged on the page.
Competitors
Partial / conflictingPeer NBFC-HFCs serving the affordable/rural housing-finance segment (rough scale tags, not independently size-verified for this task — directional only):
- Aavas Financiers (listed, large-cap affordable HFC)
- Aptus Value Housing Finance (listed, large-cap)
- Vastu Housing Finance (large, PE-backed)
- Aadhar Housing Finance (listed, large-cap)
- Home First Finance Company (listed, large-cap)
- IntelleGrow / Ummeed Housing Finance (similar small/mid-size rural-focused HFC, comparable scale)
Aviom appears to sit at the smaller/distressed end of this peer set given its current CIRP status.
Frequently Asked Questions
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