Sabsang Finance Limited

Provides retail financing services such as personal, car, and entrepreneur loans.

1991 | Delhi (India) | Active
Last Updated: January 07, 2025

Sabsang Finance Profile

Key Indicators

  • Authorised Capital ₹ 2.15 Cr
  • Paid Up Capital ₹ 2.11 Cr
  • Company Age 33 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth -25.94%
  • Profit Growth 135.81%
  • Ebitda 266.44%
  • Net Worth 14.23%
  • Total Assets 4.73%

About Sabsang Finance

Sabsang Finance Limited (SFL) is a Public Limited Indian Non-Government Company incorporated in India on 11 July 1991 and has a history of 33 years and seven months. Its registered office is in Delhi, India.

The Corporate was formerly known as Surmela Finance Private 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 2.15 Cr and a paid-up capital of Rs 2.11 Cr.

The company currently has active open charges totaling ₹1.00 Cr.

Asha Sagar, Sanjeev Sagar, and Krishan Lal serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65910DL1991PLC044953

  • Company No.

    044953

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Jul 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Sanjeev Sagar Country flag representing In Managing Director08-Jan-2017Current

Board Members (2)

NameDesignationAppointment DateStatus
Asha Sagar Country flag representing In Director 04-Jan-2018Current
Krishan Lal Country flag representing In Director 01-Jul-2018Current

Financial Performance of Sabsang Finance.

Sabsang Finance Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 25.94% decrease. The company also saw a substantial improvement in profitability, with a 135.81% increase in profit. The company's net worth Soared by an impressive increase of 14.23%.

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
-25.94%
Revenue from Operations
-26.81%
Total Assets
4.73%
Profit or Loss
135.81%
Net Worth
14.23%
EBITDA
266.44%

What is the Ownership and Shareholding Structure of Sabsang Finance?

In 2021, Sabsang Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jul 2024The South Indian Bank Limited₹1.00 CrOpen

How Many Employees Work at Sabsang Finance?

Unlock and access historical data on people associated with Sabsang 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 Sabsang 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 Sabsang 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 Sabsang Finance

Recent activity within the organization

  • Annual General Meeting

    Sabsang Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100960071 was registered on 20 Jul 2024.

    20 Jul 2024

  • Balance Sheet

    Sabsang Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Krishan Lal was appointed as a Director was appointed as a Director on 01 Jul 2018 & has been associated with this company since 6 years 7 months .

    01 Jul 2018

  • Director Appointment

    Asha Sagar was appointed as a Director was appointed as a Director on 04 Jan 2018 & has been associated with this company since 7 years 1 month .

    04 Jan 2018

  • Director Appointment

    Sanjeev Kumar Sagar was appointed as a Managing Director was appointed as a Managing Director on 08 Jan 2017 & has been associated with this company since 8 years 1 month .

    08 Jan 2017

Frequently asked questions

  • Sabsang Finance Limited was incorporated on 11 Jul 1991.

  • The authorized share capital of Sabsang Finance Limited is ₹ 2.15 Cr and paid-up capital is ₹ 2.11 Cr.

  • Currently 3 directors are associated with Sabsang Finance Limited.

    • Asha Sagar
    • Sanjeev Kumar Sagar
    • Krishan Lal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sabsang Finance Limited is 11/64 Dakshinpuri Extension India, New Delhi, 110062.

  • The corporate identification number (CIN) of Sabsang Finance Limited is U65910DL1991PLC044953 and the company number is 044953 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sabsang Finance Limited is https://www.sabsangfinance.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sabsang Finance Limited has fallen by -25.94%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sabsang Finance Limited has experienced an upsurge of 14.23%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sabsang Finance Limited amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Sabsang Finance Limited was filed with the ROC on 31 Mar 2024.

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