Svatantra Micro Housing Finance Corporation Profile
Key Indicators
- Authorised Capital ₹ 125.00 Cr
- Paid Up Capital ₹ 74.73 Cr
- Company Age 16 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3,221.10 Cr
- Satisfied Charges ₹ 525.30 Cr
- Revenue Growth 56.68%
- Profit Growth 118.58%
- Ebitda 53.57%
- Net Worth 47.87%
- Total Assets 37.91%
About Svatantra Micro Housing Finance Corporation
Svatantra Micro Housing Finance Corporation Limited (SMHFCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 May 2008 and has a history of 16 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Micro Housing Finance Corporation 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 2024. It's a company limited by shares with an authorized capital of Rs 125.00 Cr and a paid-up capital of Rs 74.73 Cr.
The company currently has active open charges totaling ₹3,221.10 Cr. The company has closed loans amounting to ₹525.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Svatantra Micro Housing Finance Corporation Limited India are Jayesh Shah as Ceo, Tasneem Mandsorwala as Company Secretary, Nitesh Amarnani as Cfo, and One other members. Anil Chirania, Jayesh Shah, and Ananyashree Birla serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U67190MH2008PLC182274
- Company No.
182274
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 May 2008
- Date of AGM
31 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Svatantra Micro Housing Finance Corporation Limited
Explore comprehensive data for Svatantra Micro Housing Finance Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Svatantra Micro Housing Finance Corporation?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jayesh Shah | CEO | 30-Jun-2023 | Current |
| Tasneem Mandsorwala | Company Secretary | 24-Dec-2018 | Current |
| Nitesh Amarnani | CFO | 16-Aug-2024 | Current |
| Tasneem Rangwala | Company Secretary | 24-Dec-2018 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jayesh Shah  | Whole-Time Director | 07-Mar-2024 | Current |
| Anil Chirania | Director | 15-Sep-2018 | Current |
| Ananyashree Birla | Director | 15-Sep-2018 | Current |
Financial Performance of Svatantra Micro Housing Finance Corporation.
Svatantra Micro Housing Finance Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.68% increase. The company also saw a substantial improvement in profitability, with a 118.58% increase in profit. The company's net worth Soared by an impressive increase of 47.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Svatantra Micro Housing Finance Corporation?
In 2023, Svatantra Micro Housing Finance Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Svatantra Holdings Private LimitedAnil Chirania is a mutual person
Aditya Birla Trustee Company Private LimitedAnil Chirania is a mutual person
Hindalco Industries LimitedAnanyashree Birla is a mutual person
Applause Entertainment Private LimitedAnil Chirania is a mutual person
Ananya Birla FoundationAnanyashree Birla is a mutual person
Ikai Asai FoundationAnil Chirania is a mutual person
Charges (Loans)
Open Charges
₹3,221.10 Cr
Satisfied Charges
₹525.30 Cr
Charges Breakdown by Lending Institutions
- Others : 2025.00 Cr
- Axis Bank Limited : 225.00 Cr
- Hdfc Bank Limited : 218.00 Cr
- Idbi Bank Limited : 125.00 Cr
- Yes Bank Limited : 125.00 Cr
- Others : 503.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Sep 2024 | Others | ₹130.00 Cr | Open |
| 28 Jun 2024 | Others | ₹100.00 Cr | Open |
| 25 Jun 2024 | Axis Bank Limited | ₹100.00 Cr | Open |
| 10 Jun 2024 | Others | ₹80.00 Cr | Open |
| 25 Apr 2024 | Others | ₹16.00 Cr | Open |
How Many Employees Work at Svatantra Micro Housing Finance Corporation?
Svatantra Micro Housing Finance Corporation has a workforce of 925 employees as of Mar 27, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Svatantra Micro Housing Finance Corporation, 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 Svatantra Micro Housing Finance Corporation's trajectory.
Rating
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
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 Svatantra Micro Housing Finance Corporation
Recent activity within the organization
- Charges
A charge registered on 27 Nov 2020 via Charge ID 100396925 with Others was fully satisfied on 08 Oct 2024.
- Charges
A charge registered on 22 Mar 2017 via Charge ID 100092197 with Others was fully satisfied on 04 Oct 2024.
- Charges
A charge with Others amounted to Rs. 130.00 Cr with Charge ID 100975855 was registered on 03 Sep 2024.
- Annual General Meeting
Svatantra Micro Housing Finance Corporation Limited last Annual general meeting of members was held on 31 Aug 2024 as per latest MCA records.
- Director Appointment
Nitesh Chetan Amarnani was appointed as a Cfo was appointed as a Cfo on 16 Aug 2024 & has been associated with this company since 6 months 27 days .
- Charges
A charge with Idbi Trusteeship Services Limited of Rs. 53.10 Cr registered on 17 Oct 2017 with Charge ID 100135238 was modified on 11 Jul 2024.
Recent News, Updates & Announcement
Ananya Birla's Svatantra Holding Pvt Ltd Acquires MHFC for Rs 300 Crore, Expands into Affordable Housing Sector.Ananya Birla's company, Svatantra Holding Private Ltd, bought Micro Housing Finance Corporation for Rs 300 crore. This is their first step into affordable housing, which is part of the government's plan to provide housing for all by 2022. Ananya, daughter of Kumar Mangalam Birla, set up the company to make this acquisition happen. If Svatantra Microfin had bought MHFC, it would have violated regulations. But now, both companies can work together and benefit their clients..
- "Billionaire's Strategic Move: Acquires Financial Services Company for Rs300 Crore, Plans to Invest Rs4,000-5,000 Crore for Further Expansion".
When you're a billionaire and you want to expand your business, but you don't want to start from scratch, so you buy a financial services company for Rs300 crore. You plan to invest Rs4,000-5,000 crore for more acquisitions, but you're worried about the high valuations of existing companies. You could have done this 5 years ago, but you were too busy expanding your vaccine business. Now, you're finally making moves in the financial services space. #BillionaireProblems #BusinessExpansionGoals.
Frequently asked questions
What is the Incorporation or founding date of Svatantra Micro Housing Finance Corporation Limited?
Svatantra Micro Housing Finance Corporation Limited was incorporated on 16 May 2008.
What is authorized share capital and paid-up capital of Svatantra Micro Housing Finance Corporation Limited?
The authorized share capital of Svatantra Micro Housing Finance Corporation Limited is ₹ 125.00 Cr and paid-up capital is ₹ 74.73 Cr.
Who are the current board members & directors of Svatantra Micro Housing Finance Corporation Limited?
Currently 7 directors are associated with Svatantra Micro Housing Finance Corporation Limited.
- Anil Chirania
- Jayesh Navin Shah
- Ananyashree Birla
- Jayesh Navin Shah
- Tasneem Yusuf Mandsorwala
- Nitesh Chetan Amarnani
- Tasneem Zohar Rangwala
What is the registered address of Svatantra Micro Housing Finance Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Svatantra Micro Housing Finance Corporation Limited is Office No 1 2 3 4 Ground Floor Pushpak Chsl Malaviya Road, Vile Parle (East) India, Mumbai, Maharashtra, 400057.
What is the corporate identification number (CIN) and company number of Svatantra Micro Housing Finance Corporation Limited?
The corporate identification number (CIN) of Svatantra Micro Housing Finance Corporation Limited is U67190MH2008PLC182274 and the company number is 182274 as per Ministry of Corporate Affairs (MCA).
What is the official website of Svatantra Micro Housing Finance Corporation Limited?
The Official website of Svatantra Micro Housing Finance Corporation Limited is https://www.svatantramhfc.com
What has been the recent revenue trend for Svatantra Micro Housing Finance Corporation Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Svatantra Micro Housing Finance Corporation Limited has risen by 56.68%.
How many employees does Svatantra Micro Housing Finance Corporation Limited currently have?
As Per 2023 financial reports, 925 employees are currently employed by Svatantra Micro Housing Finance Corporation Limited.
What change has been observed in the net worth of Svatantra Micro Housing Finance Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Svatantra Micro Housing Finance Corporation Limited has experienced an upsurge of 47.87%.
What are the total open charges for Svatantra Micro Housing Finance Corporation Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Svatantra Micro Housing Finance Corporation Limited amount to ₹ 3,221.10 Cr.
When was the last Balance Sheet of Svatantra Micro Housing Finance Corporation Limited filed with the ROC?
The most recent Balance Sheet for Svatantra Micro Housing Finance Corporation Limited was filed with the ROC on 31 Mar 2024.
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