Iifl Samasta Finance Limited

Non-deposit-accepting NBFC offering various loans to customers in 18 states.

1995 | Bengaluru, Karnataka (India) | Active
Last Updated: July 04, 2024

Iifl Samasta Finance Profile

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 668.44 Cr
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13,788.65 Cr
  • Satisfied Charges ₹ 5,217.64 Cr
  • Revenue Growth 71.92%
  • Profit Growth 153.48%
  • Ebitda 64.28%
  • Net Worth 32.31%
  • Total Assets 39.25%

About Iifl Samasta Finance

Iifl Samasta Finance Limited (ISFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 August 1995 and has a history of 29 years and six months. Its registered office is in Bengaluru, Karnataka, India.

The Corporate was formerly known as Colanac Finance Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1,000.00 Cr and a paid-up capital of Rs 668.44 Cr.

The company currently has active open charges totaling ₹13,788.65 Cr. The company has closed loans amounting to ₹5,217.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Iifl Samasta Finance Limited India are T Kumar as CFO and Manoranjan Biswal as Company Secretary. Govinda Chintala, Narayanaswamy Venkatesh, Venkataraman Rajamani, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bengaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    iiflsamasta.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65191KA1995PLC057884

  • Company No.

    057884

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Aug 1995

  • Date of AGM

    27 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Iifl Samasta Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Narayanaswamy Venkatesh Country flag representing In Managing Director01-Feb-2004Current
T Kumar Country flag representing In CFO21-Oct-2019Current
Manoranjan Biswal Company Secretary21-Jul-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Venkataraman Rajamani Country flag representing In Additional Director 28-Feb-2024Current
Shivaprakash Deviah Country flag representing In Whole-Time Director 30-Jul-2008Current
Kalengada Nanaiah Country flag representing In Additional Director 28-Feb-2024Current
Govinda Chintala Country flag representing In Additional Director 28-Feb-2024Current
Malini Eden Country flag representing In Director 26-Apr-2018Current

Financial Performance of Iifl Samasta Finance.

Iifl Samasta Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 71.92% increase. The company also saw a substantial improvement in profitability, with a 153.48% increase in profit. The company's net worth Soared by an impressive increase of 32.31%.

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
71.92%
Revenue from Operations
72.42%
Total Assets
39.25%
Profit or Loss
153.48%
Net Worth
32.31%
EBITDA
64.28%

What is the Ownership and Shareholding Structure of Iifl Samasta Finance?

In 2023, Iifl Samasta Finance had a promoter holding of 99.79% and a public holding of 0.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13,788.65 Cr

Satisfied Charges

₹5,217.64 Cr

Charges Breakdown by Lending Institutions

  • Others : 8678.10 Cr
  • Sidbi : 1175.00 Cr
  • Axis Bank Limited : 900.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 528.00 Cr
  • Indian Bank : 400.00 Cr
  • Others : 2107.55 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jan 2024Others₹25.00 CrOpen
28 Dec 2023The Hongkong And Shanghai Banking Corporation Limited₹33.00 CrOpen
21 Dec 2023Karnataka Bank Ltd.₹100.00 CrOpen
13 Dec 2023Yes Bank Limited₹150.00 CrOpen
11 Dec 2023Others₹50.00 CrOpen

How Many Employees Work at Iifl Samasta Finance?

Iifl Samasta Finance has a workforce of 16469 employees as of Apr 05, 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

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Iifl Samasta Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Iifl Samasta Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Iifl Samasta Finance

Recent activity within the organization

  • Director Appointment

    Govinda Rajulu Chintala was appointed as a Additional Director was appointed as a Additional Director on 28 Feb 2024 & has been associated with this company since 11 months 24 days .

    28 Feb 2024

  • Director Appointment

    Venkataraman Rajamani was appointed as a Additional Director was appointed as a Additional Director on 28 Feb 2024 & has been associated with this company since 11 months 24 days .

    28 Feb 2024

  • Director Appointment

    Kalengada Mandanna Nanaiah was appointed as a Additional Director was appointed as a Additional Director on 28 Feb 2024 & has been associated with this company since 11 months 24 days .

    28 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100842668 was registered on 10 Jan 2024.

    10 Jan 2024

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 33.00 Cr with Charge ID 100842664 was registered on 28 Dec 2023.

    28 Dec 2023

  • Charges

    A charge registered on 31 Dec 2021 via Charge ID 100521409 with Others was fully satisfied on 26 Dec 2023.

    26 Dec 2023

Frequently asked questions

  • Iifl Samasta Finance Limited was incorporated on 09 Aug 1995.

  • The authorized share capital of Iifl Samasta Finance Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 668.44 Cr.

  • Currently 8 directors are associated with Iifl Samasta Finance Limited.

    • Govinda Rajulu Chintala
    • Narayanaswamy Venkatesh
    • Venkataraman Rajamani
    • T Anantha Kumar
    • Manoranjan Biswal
    • Shivaprakash Deviah
    • Kalengada Mandanna Nanaiah
    • Malini Benjamin Eden
  • As per Ministry of Corporate Affairs (Mca), the registered address of Iifl Samasta Finance Limited is 110/3 Lalbagh Main Road Krishnappa Layout Bangalore- 560027, Bengaluru, Karnataka, India.

  • The corporate identification number (CIN) of Iifl Samasta Finance Limited is U65191KA1995PLC057884 and the company number is 057884 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Iifl Samasta Finance Limited is https://www.iiflsamasta.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Iifl Samasta Finance Limited has risen by 71.92%.

  • As Per 2023 financial reports, 16469 employees are currently employed by Iifl Samasta Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Iifl Samasta Finance Limited has experienced an upsurge of 32.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Iifl Samasta Finance Limited amount to ₹ 13,788.65 Cr.

  • The most recent Balance Sheet for Iifl Samasta Finance Limited was filed with the ROC on 31 Mar 2023.

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