Sambandh Finserve Private Limited

NBFC providing microfinance loans and acting as business correspondent for various banks.

1996 | Sundergarh, Odisha (India) | Under Insolvency
Last Updated: January 15, 2025

Sambandh Finserve Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 31.95 Cr
  • Company Age 28 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 738.72 Cr
  • Satisfied Charges ₹ 371.66 Cr
  • Revenue Growth -88.03%
  • Profit Growth 83.61%
  • Ebitda 79.41%
  • Net Worth -20.70%
  • Total Assets -32.09%

About Sambandh Finserve

Sambandh Finserve Private Limited (SFPL) is Under Cirp company established on 03 Jul 1996 with its office registered at Sundergarh, Odisha, India and has been running since 28 Year, 7 Months with a paid up capital of 31.95 Cr. According to MCA records, 6 Directors and 1 Signatories are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Sundergarh, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sambandhfin.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120OR1996PTC011931

  • Company No.

    011931

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 1996

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Financial Services

Who are the key members and board of directors at Sambandh Finserve?

Executive Team (2)

NameDesignationAppointment DateStatus
Deepak Kindo Country flag representing In Managing Director12-Mar-2009Current
James Raj CFO07-May-2015Current

Board Members (5)

NameDesignationAppointment DateStatus
Anadi Sahu Country flag representing In Director 20-Feb-2024Current
Livinus Kindo Country flag representing In Director 21-Apr-2009Current
Akshaya Parhi Country flag representing In Director 17-Dec-2020Current
Girish Meher Country flag representing In Nominee Director 25-Feb-2020Current
Mihir Patnaik Country flag representing In Director 25-Jul-2024Current

Financial Performance of Sambandh Finserve.

Sambandh Finserve Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 88.03% decrease. The company also saw a substantial improvement in profitability, with a 83.61% increase in profit. The company's net worth observed a substantial decline by a decrease of 20.7%.

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
-88.03%
Revenue from Operations
-94.00%
Total Assets
-32.09%
Profit or Loss
83.61%
Net Worth
-20.70%
EBITDA
79.41%

What is the Ownership and Shareholding Structure of Sambandh Finserve?

In 2022, Sambandh Finserve had a promoter holding of 28.80% and a public holding of 71.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹738.72 Cr

Satisfied Charges

₹371.66 Cr

Charges Breakdown by Lending Institutions

  • Others : 640.43 Cr
  • Uco Bank : 40.08 Cr
  • Canara Bank : 18.21 Cr
  • Axis Bank Limited : 15.00 Cr
  • State Bank Of India : 10.00 Cr
  • Others : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2020Others₹2.00 CrOpen
28 Sep 2020Others₹2.00 CrOpen
28 Sep 2020Others₹3.00 CrOpen
28 Sep 2020Others₹3.00 CrOpen
28 Sep 2020Others₹3.00 CrOpen

How Many Employees Work at Sambandh Finserve?

Sambandh Finserve has a workforce of 15 employees as of Apr 08, 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 Sambandh Finserve, 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 Sambandh Finserve'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 Sambandh Finserve

Recent activity within the organization

  • Director Appointment

    Mihir Kumar Patnaik was appointed as a Director was appointed as a Director on 25 Jul 2024 & has been associated with this company since 6 months 28 days .

    25 Jul 2024

  • Director Appointment

    Anadi Charan Sahu was appointed as a Director was appointed as a Director on 20 Feb 2024 & has been associated with this company since 1 year .

    20 Feb 2024

  • Annual General Meeting

    Sambandh Finserve Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Sambandh Finserve Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Cuttack.

    31 Mar 2022

  • Director Appointment

    Akshaya Kumar Parhi was appointed as a Director was appointed as a Director on 17 Dec 2020 & has been associated with this company since 4 years 2 months .

    17 Dec 2020

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100378459 was registered on 28 Sep 2020.

    28 Sep 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Sambandh Finserve Private Limited was incorporated on 03 Jul 1996.

  • The authorized share capital of Sambandh Finserve Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 31.95 Cr.

  • Currently 7 directors are associated with Sambandh Finserve Private Limited.

    • Deepak Kindo
    • Livinus Kindo
    • Anadi Charan Sahu
    • Akshaya Kumar Parhi
    • Girish Kumar Meher
    • Mihir Kumar Patnaik
    • James Dinesh Raj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sambandh Finserve Private Limited is Plot No. O-4/9 Civil Township, Ps. Raghunathpalli India, Rourkela, Orissa, 769004.

  • The corporate identification number (CIN) of Sambandh Finserve Private Limited is U67120OR1996PTC011931 and the company number is 011931 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sambandh Finserve Private Limited is https://www.sambandhfin.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sambandh Finserve Private Limited has fallen by -88.03%.

  • As Per 2022 financial reports, 15 employees are currently employed by Sambandh Finserve Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sambandh Finserve Private Limited has experienced an downturn of -20.70%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sambandh Finserve Private Limited amount to ₹ 738.72 Cr.

  • The most recent Balance Sheet for Sambandh Finserve Private Limited was filed with the ROC on 31 Mar 2022.

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