Sai Point Finance Corporation Limited

Provides non-banking financial services, including two-wheeler loans, to various industries and individuals.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: July 02, 2024

Sai Point Finance Corporation Profile

Key Indicators

  • Authorised Capital ₹ 21.00 Cr
  • Paid Up Capital ₹ 17.12 Cr
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 279.13 Cr
  • Satisfied Charges ₹ 191.50 Cr
  • Revenue Growth 14.88%
  • Profit Growth -19.74%
  • Ebitda 19.04%
  • Net Worth 4.03%
  • Total Assets 3.42%

About Sai Point Finance Corporation

Sai Point Finance Corporation Limited (SPFCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 July 1995 and has a history of 29 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Fresh Corporate Services 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 21.00 Cr and a paid-up capital of Rs 17.12 Cr.

The company currently has active open charges totaling ₹279.13 Cr. The company has closed loans amounting to ₹191.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sai Point Finance Corporation Limited India is Dinesh Arote as CFO. Nagesh Kulkarni, Netra Patil, and Dilip Patil serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    spfc.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67190MH1995PLC090701

  • Company No.

    090701

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Jul 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Sai Point Finance Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Dinesh Arote Country flag representing In CFO28-Feb-2018Current
Dilip Patil Country flag representing In Managing Director07-Mar-2014Current

Board Members (2)

NameDesignationAppointment DateStatus
Nagesh Kulkarni Country flag representing In Director 08-Nov-2018Current
Netra Patil Country flag representing In Whole-Time Director 07-Mar-2014Current

Financial Performance of Sai Point Finance Corporation.

Sai Point Finance Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.88% increase. The company also saw a substantial fall in profitability, with a 19.74% decrease in profit. The company's net worth moved up by a moderate rise of 4.03%.

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
14.88%
Revenue from Operations
15.14%
Total Assets
3.42%
Profit or Loss
-19.74%
Net Worth
4.03%
EBITDA
19.04%

What is the Ownership and Shareholding Structure of Sai Point Finance Corporation?

In 2023, Sai Point Finance Corporation had a promoter holding of 75.70% and a public holding of 24.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹279.13 Cr

Satisfied Charges

₹191.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 207.75 Cr
  • State Bank Of India : 70.00 Cr
  • Hdfc Bank Limited : 1.38 Cr

Latest Charge Details

DateLenderAmountStatus
23 Feb 2024Others₹5.00 CrOpen
20 Feb 2024Others₹5.00 CrOpen
02 Nov 2023Others₹3.00 CrOpen
13 Sep 2023Others₹25.00 CrOpen
30 Jan 2023Others₹5.00 CrOpen

How Many Employees Work at Sai Point Finance Corporation?

Sai Point Finance Corporation has a workforce of 244 employees as of Apr 04, 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 Sai Point 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 Sai Point Finance Corporation'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 Sai Point Finance Corporation

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100882472 was registered on 23 Feb 2024.

    23 Feb 2024

  • Charges

    A charge registered on 05 Mar 2019 via Charge ID 100253099 with Others was fully satisfied on 21 Feb 2024.

    21 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100876791 was registered on 20 Feb 2024.

    20 Feb 2024

  • Charges

    A charge registered on 25 Apr 2022 via Charge ID 100573840 with Others was fully satisfied on 23 Jan 2024.

    23 Jan 2024

  • Charges

    A charge registered on 15 Feb 2022 via Charge ID 100552162 with Others was fully satisfied on 23 Jan 2024.

    23 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100822042 was registered on 02 Nov 2023.

    02 Nov 2023

Frequently asked questions

  • Sai Point Finance Corporation Limited was incorporated on 18 Jul 1995.

  • The authorized share capital of Sai Point Finance Corporation Limited is ₹ 21.00 Cr and paid-up capital is ₹ 17.12 Cr.

  • Currently 4 directors are associated with Sai Point Finance Corporation Limited.

    • Dinesh Dhondibhau Arote
    • Nagesh Eknath Kulkarni
    • Netra Dilip Bobde Patil
    • Dilip Amrutrao Bobde Patil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sai Point Finance Corporation Limited is Prestige PrecinctGround Floor Near Nitin Casting Almeida RoadPanchpakhadiThane West, Mumbai, Maharashtra, India, 400601.

  • The corporate identification number (CIN) of Sai Point Finance Corporation Limited is U67190MH1995PLC090701 and the company number is 090701 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sai Point Finance Corporation Limited is https://www.spfc.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sai Point Finance Corporation Limited has risen by 14.88%.

  • As Per 2023 financial reports, 244 employees are currently employed by Sai Point Finance Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sai Point Finance Corporation Limited has experienced an upsurge of 4.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sai Point Finance Corporation Limited amount to ₹ 279.13 Cr.

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

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