Ind Bank Housing Ltd

Provides housing loans and recovers dues from borrowers to reduce public deposits.

1991 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 12, 2024

Ind Bank Housing Profile

Key Indicators

  • Authorised Capital ₹ 150.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 34 Year, 25 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 55.50 Cr
  • Revenue Growth 2.76%
  • Profit Growth -331.51%
  • Ebitda -121.13%
  • Net Worth -0.47%
  • Total Assets -0.24%

About Ind Bank Housing

Ind Bank Housing Ltd (IBHL) is a Public Limited Indian Non-Government Company incorporated in India on 28 January 1991 and has a history of 34 years. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523465.

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 150.00 Cr and a paid-up capital of Rs 10.00 Cr.

The company currently has active open charges totaling ₹55.50 Cr.

The Key Managerial Personnel (KMP) at Ind Bank Housing Ltd India are Lakshmi Harene as CFO and Sundhararajan Krishnan as Company Secretary. Ganapathy Sundaravadivel, Tirupathur Ramaswamy, Padma Sridharan, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    indbankhousing.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L65922TN1991PLC020219

  • Company No.

    020219

  • Stock Symbol

    BSE : 523465

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 1991

  • Date of AGM

    14 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Ind Bank Housing?

Executive Team (3)

NameDesignationAppointment DateStatus
Haribabu Country flag representing In Managing Director30-May-2022Current
Lakshmi Harene CFO22-Jul-2022Current
Sundhararajan Krishnan Company Secretary05-Apr-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Tirupathur Ramaswamy Country flag representing In Director 09-Aug-2014Current
Ganapathy Sundaravadivel Country flag representing In Director 14-Dec-2022Current
Padma Sridharan Country flag representing In Director 22-Mar-2021Current
Sunil Jain Country flag representing In Director 22-Jul-2022Current
Athinathan Sankar Country flag representing In Nominee Director 05-Apr-2024Current

Financial Performance of Ind Bank Housing.

Ind Bank Housing Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 2.76% increase. The company also saw a substantial fall in profitability, with a 331.51% decrease in profit. The company's net worth dipped by a decrease of 0.47%.

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
2.76%
Revenue from Operations
Total Assets
-0.24%
Profit or Loss
-331.51%
Net Worth
-0.47%
EBITDA
-121.13%

What is the Ownership and Shareholding Structure of Ind Bank Housing?

In 2023, Ind Bank Housing had a promoter holding of 51.00% and a public holding of 49.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹55.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 46.50 Cr
  • Bank Of Madura Ltd. : 5.00 Cr
  • Karur Vysya Bank Ltd. : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2004Indian Bank₹27.50 CrOpen
11 Mar 1998Indian Bank₹10.00 CrOpen
13 Feb 1995Bank Of Madura Ltd.₹5.00 CrOpen
06 Jan 1995Karur Vysya Bank Ltd.₹4.00 CrOpen
30 Jul 1992Indian Bank₹9.00 CrOpen

How Many Employees Work at Ind Bank Housing?

Unlock and access historical data on people associated with Ind Bank Housing, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ind Bank Housing, 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 Ind Bank Housing'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 Ind Bank Housing

Recent activity within the organization

  • Director Appointment

    Athinathan Siva Sankar was appointed as a Nominee Director was appointed as a Nominee Director on 05 Apr 2024 & has been associated with this company since 10 months 18 days .

    05 Apr 2024

  • Director Appointment

    Sundhararajan Krishnan was appointed as a Company Secretary was appointed as a Company Secretary on 05 Apr 2024 & has been associated with this company since 10 months 18 days .

    05 Apr 2024

  • Annual General Meeting

    Ind Bank Housing Ltd last Annual general meeting of members was held on 14 Sep 2023 as per latest MCA records.

    14 Sep 2023

  • Balance Sheet

    Ind Bank Housing Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Ganapathy Ramasamy Sundaravadivel was appointed as a Director was appointed as a Director on 14 Dec 2022 & has been associated with this company since 2 years 2 months .

    14 Dec 2022

  • Director Appointment

    Padma Sridharan was appointed as a Director was appointed as a Director on 22 Mar 2021 & has been associated with this company since 3 years 11 months .

    22 Mar 2021

Frequently asked questions

  • Ind Bank Housing Ltd was incorporated on 28 Jan 1991.

  • The authorized share capital of Ind Bank Housing Ltd is ₹ 150.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 8 directors are associated with Ind Bank Housing Ltd.

    • Ganapathy Ramasamy Sundaravadivel
    • Tirupathur Chandrasekaran Ramaswamy
    • Padma Sridharan
    • Haribabu
    • Sunil Jain
    • Athinathan Siva Sankar
    • Lakshmi Narayanan Harene
    • Sundhararajan Krishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ind Bank Housing Ltd is 3Rd Floor 480, Anna Salai Nandanam, Chennai, Tamil Nadu, India, 600035.

  • The corporate identification number (CIN) of Ind Bank Housing Ltd is L65922TN1991PLC020219 and the company number is 020219 as per Ministry of Corporate Affairs (MCA).

  • Yes, Ind Bank Housing Ltd is registered on Bombay Stock Exchange (BSE).

  • The Official website of Ind Bank Housing Ltd is https://www.indbankhousing.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ind Bank Housing Ltd has risen by 2.76%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ind Bank Housing Ltd has experienced an downturn of -0.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ind Bank Housing Ltd amount to ₹ 55.50 Cr.

  • The most recent Balance Sheet for Ind Bank Housing Ltd was filed with the ROC on 31 Mar 2023.

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