Equitas Housing Finance Limited

Provides long-term home finance for self-employed and informal salaried customers, with branches in multiple states.

2010 | Chennai, Tamil Nadu (India) | Merged
Last Updated: January 18, 2025

Who are the key members and board of directors at Equitas Housing Finance?

Executive Team (1)

NameDesignationAppointment DateStatus
Shanmugam Sumathy Country flag representing InCFO03-May-2016Current

Board Members (6)

NameDesignationAppointment DateStatus
Sridhar Ganesh Country flag representing In Director 25-Jul-2014Current
Sarath Naru Country flag representing In Director 14-May-2010Current
Meena Ganesh Country flag representing In Director 06-Feb-2013Current
Devender Vasal Country flag representing In Director 17-Oct-2014Current
Duraiswamy Rajan Country flag representing In Director 25-May-2010Current
Rajaraman Venkatachalam Country flag representing In Director 25-May-2010Current

Financial Performance of Equitas Housing Finance.

Equitas Housing Finance Limited, for the financial year ended 2015, experienced significant growth in revenue, with a 95.34% increase. The company also saw a substantial improvement in profitability, with a 47.98% increase in profit. The company's net worth moved up by a moderate rise of 5.94%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
95.34%
Revenue from Operations
95.32%
Total Assets
82.09%
Profit or Loss
47.98%
Net Worth
5.94%
EBITDA
149.09%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹77.00 Cr

Charges Breakdown by Lending Institutions

  • Reliance Capital Ltd : 25.00 Cr
  • Indian Bank : 20.00 Cr
  • Tamilnad Mercantile Bank Limited : 15.00 Cr
  • The Ratnakar Bank Limited : 10.00 Cr
  • Ing Vysya Bank Limited : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2016Indian Bank₹20.00 CrSatisfied
21 Aug 2015Tamilnad Mercantile Bank Limited₹15.00 CrSatisfied
24 Jun 2014The Ratnakar Bank Limited₹10.00 CrSatisfied
30 May 2014Reliance Capital Ltd₹25.00 CrSatisfied
03 Mar 2014Ing Vysya Bank Limited₹2.00 CrSatisfied

How Many Employees Work at Equitas Housing Finance?

Equitas Housing Finance has a workforce of 0 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

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Rating

Alerts

Latest Updates, News, and FAQs on Equitas Housing Finance

Recent activity within the organization

  • Charges

    A charge registered on 03 Mar 2014 via Charge ID 10483893 with Ing Vysya Bank Limited was fully satisfied on 08 Jul 2016.

    08 Jul 2016

  • Charges

    A charge registered on 28 Mar 2013 via Charge ID 10417878 with Ing Vysya Bank Limited was fully satisfied on 08 Jul 2016.

    08 Jul 2016

  • Charges

    A charge registered on 24 Jun 2014 via Charge ID 10504678 with The Ratnakar Bank Limited was fully satisfied on 04 Jul 2016.

    04 Jul 2016

  • Annual General Meeting

    Equitas Housing Finance Limited last Annual general meeting of members was held on 21 Jun 2016 as per latest MCA records.

    21 Jun 2016

  • Charges

    A charge registered on 28 Mar 2016 via Charge ID 100018927 with Indian Bank was fully satisfied on 06 Jun 2016.

    06 Jun 2016

  • Director Appointment

    Shanmugam Sumathy was appointed as a Cfo was appointed as a Cfo on 03 May 2016 & has been associated with this company since 8 years 8 months .

    03 May 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Equitas Housing Finance Limited was incorporated on 14 May 2010.

  • The authorized share capital of Equitas Housing Finance Limited is ₹ 85.00 Cr and paid-up capital is ₹ 56.67 Cr.

  • Currently 7 directors are associated with Equitas Housing Finance Limited.

    • Sarath Naru
    • Duraiswamy Gunaseela Rajan
    • Meena Ganesh
    • Rajaraman Papagudi Venkatachalam
    • Sridhar Ganesh
    • Devender Kumar Vasal
    • Shanmugam Sumathy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Equitas Housing Finance Limited is 410A 4Th Floor Spencer Plaza Phase Ii No.769 Mount Road, Anna Salai India, Chennai, Tamil Nadu, 600002.

  • The corporate identification number (CIN) of Equitas Housing Finance Limited is U74999TN2010PLC075713 and the company number is 075713 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Equitas Housing Finance Limited is https://www.equitas.in

  • According to the financial reports for the fiscal year 2015, the revenue trend for Equitas Housing Finance Limited has risen by 95.34%.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Equitas Housing Finance Limited has experienced an upsurge of 5.94%.

  • The most recent Balance Sheet for Equitas Housing Finance Limited was filed with the ROC on 31 Mar 2016.

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