Indus Finance Limited

Provides non-banking financial services since 1992, based in Chennai, Tamil Nadu.

1992 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 08, 2024

Indus Finance Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 9.26 Cr
  • Company Age 32 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.55 Cr
  • Satisfied Charges ₹ 30.00 Cr
  • Revenue Growth 28243986.02%
  • Profit Growth 1162821.89%
  • Ebitda 7796528.57%
  • Net Worth 8665791.47%
  • Total Assets 7562682.07%

About Indus Finance

Indus Finance Limited (IFL) is a Public Limited Indian Non-Government Company incorporated in India on 11 March 1992 and has a history of 32 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531841.

The Corporate was formerly known as Subuthi 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 25.00 Cr and a paid-up capital of Rs 9.26 Cr.

The company currently has active open charges totaling ₹5.55 Cr. The company has closed loans amounting to ₹30.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Indus Finance Limited India are Nanchar Chakkera as Ceo, Vkannappan as Cfo, and Dinakar K as Company Secretary. Bala Kutti, Nanchar Chakkera, Kandallu Rajaram, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    indusfinance.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L65191TN1992PLC022317

  • Company No.

    022317

  • Stock Symbol

    BSE : 531841

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 1992

  • Date of AGM

    27 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 Indus Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Nanchar Chakkera Country flag representing In CEO30-May-2019Current
Vkannappan Country flag representing In CFO29-Apr-2017Current
Dinakar K Country flag representing In Company Secretary01-Dec-2012Current

Board Members (5)

NameDesignationAppointment DateStatus
Nanchar Chakkera Country flag representing In Additional Director and Ceo 29-Feb-2024Current
Bala Kutti Country flag representing In Director 31-Jan-2007Current
Kandallu Rajaram Country flag representing In Director 10-Aug-2012Current
Kanagasabapathy Kodumudi Country flag representing In Director 29-Jul-2020Current
Vineet Jagtap Country flag representing In Additional Director 29-Feb-2024Current

Financial Performance of Indus Finance.

Indus Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28243986.02% increase. The company also saw a substantial improvement in profitability, with a 1162821.89% increase in profit. The company's net worth Soared by an impressive increase of 8665791.47%.

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
28243986.02%
Revenue from Operations
36680934.48%
Total Assets
7562682.07%
Profit or Loss
1162821.89%
Net Worth
8665791.47%
EBITDA
7796528.57%

What is the Ownership and Shareholding Structure of Indus Finance?

In 2022, Indus Finance had a promoter holding of 74.61% and a public holding of 25.38%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.55 Cr

Satisfied Charges

₹30.00 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Madura Ltd. : 2.50 Cr
  • Ing Vysya Bank Ltd : 2.15 Cr
  • Bank Of Madura Ltd : 0.90 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jan 2004Ing Vysya Bank Ltd₹2.15 CrOpen
28 Dec 1995Bank Of Madura Ltd.₹2.50 CrOpen
31 Aug 1994Bank Of Madura Ltd₹9.00 MOpen
19 Nov 2012Indowind Energy Limited₹20.00 CrSatisfied
25 Aug 2011Indowind Energy Limited₹10.00 CrSatisfied

How Many Employees Work at Indus Finance?

Unlock and access historical data on people associated with Indus Finance, 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 Indus 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 Indus 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 Indus Finance

Recent activity within the organization

  • Director Appointment

    Nanchar Bhaskara Chakkera was appointed as a Additional Director was appointed as a Additional Director on 29 Feb 2024 & has been associated with this company since 11 months 24 days .

    29 Feb 2024

  • Director Appointment

    Vineet Niranjan Jagtap was appointed as a Additional Director was appointed as a Additional Director on 29 Feb 2024 & has been associated with this company since 11 months 24 days .

    29 Feb 2024

  • Annual General Meeting

    Indus Finance Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Indus Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 19 Nov 2012 via Charge ID 10387131 with Indowind Energy Limited was fully satisfied on 05 Oct 2020.

    05 Oct 2020

  • Charges

    A charge registered on 25 Aug 2011 via Charge ID 10306223 with Indowind Energy Limited was fully satisfied on 05 Oct 2020.

    05 Oct 2020

Frequently asked questions

  • Indus Finance Limited was incorporated on 11 Mar 1992.

  • The authorized share capital of Indus Finance Limited is ₹ 25.00 Cr and paid-up capital is ₹ 9.26 Cr.

  • Currently 8 directors are associated with Indus Finance Limited.

    • Bala Venckat Kutti
    • Nanchar Bhaskara Chakkera
    • Kandallu Shyamsundar Rajaram
    • Kanagasabapathy Vasuki Balasubramaniam Kodumudi
    • Vineet Niranjan Jagtap
    • Nanchar Bhaskara Chakkera
    • VKannappan
    • Dinakar K K
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indus Finance Limited is Kothari Buildings 4Th Floor, 114 Mahatma Gandhi Salai Nungambakkam, Chennai, Tamil Nadu, India, 600034.

  • The corporate identification number (CIN) of Indus Finance Limited is L65191TN1992PLC022317 and the company number is 022317 as per Ministry of Corporate Affairs (MCA).

  • Yes, Indus Finance Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Indus Finance Limited is https://www.indusfinance.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indus Finance Limited has risen by 28243986.02%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Indus Finance Limited has experienced an upsurge of 8665791.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Indus Finance Limited amount to ₹ 5.55 Cr.

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

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