Sanghamithra Rural Financial Services

Provides affordable financial services to underserved communities in rural and semi-urban areas.

1995 | Bangalore, Karnataka (India) | Active
Last Updated: February 08, 2025

Sanghamithra Rural Financial Services Profile

Key Indicators

  • Company Age 30 Year, 6 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 433.00 Cr
  • Satisfied Charges ₹ 329.76 Cr
  • Revenue Growth 30.03%
  • Profit Growth 55.88%
  • Ebitda 26.55%
  • Net Worth 10.34%
  • Total Assets -3.96%

About Sanghamithra Rural Financial Services

Sanghamithra Rural Financial Services (SRFS) is a leading Public Not For Profit Company incorporated in India on 15 February 1995 and has a history of 30 years. Its registered office is in Bangalore, Karnataka, India.

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 0.00 and a paid-up capital of Rs 0.00.

The company currently has active open charges totaling ₹433.00 Cr. The company has closed loans amounting to ₹329.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sanghamithra Rural Financial Services India is Sunil Jadli as CEO. Aloysius Fernandez, William Souza, Vidya Ramachandran, and Six other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sanghamithra.org

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1995NPL017199

  • Company No.

    017199

  • Company Classification

    Public Not For Profit Company

  • Incorporation Date

    15 Feb 1995

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Sanghamithra Rural Financial Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Sunil Jadli CEO27-Jun-2024Current

Board Members (9)

NameDesignationAppointment DateStatus
Venkatesh Tagat Country flag representing In Director 02-Sep-2015Current
Suresh Krishna Country flag representing In Director 06-Sep-2019Current
Ashok Doraiswami Country flag representing In Director 04-Aug-2007Current
Aloysius Fernandez Country flag representing In Director 15-Feb-1995Current
William Souza Country flag representing In Director 11-Apr-1997Current
Vidya Ramachandran Country flag representing In Director 11-Apr-1997Current

Financial Performance of Sanghamithra Rural Financial Services.

Sanghamithra Rural Financial Services, for the financial year ended 2023, experienced significant growth in revenue, with a 30.03% increase. The company also saw a substantial improvement in profitability, with a 55.88% increase in profit. The company's net worth Soared by an impressive increase of 10.34%.

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
30.03%
Revenue from Operations
27.76%
Total Assets
-3.96%
Profit or Loss
55.88%
Net Worth
10.34%
EBITDA
26.55%

What is the Ownership and Shareholding Structure of Sanghamithra Rural Financial Services?

Unlock access to Sanghamithra Rural Financial Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4,330,000,000.00

Satisfied Charges

₹3,297,600,000.00

Charges Breakdown by Lending Institutions

  • Others : 222.00 Cr
  • Indian Bank : 70.00 Cr
  • Sidbi : 40.00 Cr
  • State Bank Of India : 40.00 Cr
  • Canara Bank : 35.00 Cr
  • Others : 26.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2024State Bank Of India₹15.00 CrOpen
25 Mar 2024Sidbi₹25.00 CrOpen
16 Jan 2024Others₹20.00 CrOpen
28 Dec 2023Others₹12.00 CrOpen
29 Nov 2023Others₹15.00 CrOpen

How Many Employees Work at Sanghamithra Rural Financial Services?

Sanghamithra Rural Financial Services has a workforce of 231 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 Sanghamithra Rural Financial Services, 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 Sanghamithra Rural Financial Services'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 Sanghamithra Rural Financial Services

Recent activity within the organization

  • Director Appointment

    Sunil Jadli was appointed as a Ceo was appointed as a Ceo on 27 Jun 2024 & has been associated with this company since 7 months 26 days .

    27 Jun 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 150,000,000.00 with Charge ID 100929394 was registered on 24 May 2024.

    24 May 2024

  • Charges

    A charge with Sidbi amounted to Rs. 250,000,000.00 with Charge ID 100886304 was registered on 25 Mar 2024.

    25 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 200,000,000.00 with Charge ID 100848087 was registered on 16 Jan 2024.

    16 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 120,000,000.00 with Charge ID 100898486 was registered on 28 Dec 2023.

    28 Dec 2023

  • Charges

    A charge registered on 15 Feb 2021 via Charge ID 100416641 with Others was fully satisfied on 19 Dec 2023.

    19 Dec 2023

Frequently asked questions

  • Sanghamithra Rural Financial Services was incorporated on 15 Feb 1995.

  • The authorized share capital of Sanghamithra Rural Financial Services is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Currently 10 directors are associated with Sanghamithra Rural Financial Services.

    • Aloysius Prakash Fernandez
    • William D Souza
    • Vidya Ramachandran
    • Parthasarathy Lakshmaiah Bangalore
    • Suresh Kodihalli Krishna
    • Ashok Doraiswami
    • Venkatesh Tagat
    • Risbud Gajanan Arvind
    • Rudrappa Doddaholiyappa Gadiyappanavar
    • Sunil Jadli
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sanghamithra Rural Financial Services is No.612M1C Main Road Domlur Layout, India, Bangalore, Karnataka, 560071.

  • The corporate identification number (CIN) of Sanghamithra Rural Financial Services is U85110KA1995NPL017199 and the company number is 017199 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sanghamithra Rural Financial Services is https://www.sanghamithra.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sanghamithra Rural Financial Services has risen by 30.03%.

  • As Per 2023 financial reports, 231 employees are currently employed by Sanghamithra Rural Financial Services.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sanghamithra Rural Financial Services has experienced an upsurge of 10.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sanghamithra Rural Financial Services amount to ₹ 433.00 Cr.

  • The most recent Balance Sheet for Sanghamithra Rural Financial Services was filed with the ROC on 31 Mar 2023.

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