Saravana Finance Private Limited
Provides financial and related services, specializing in leasing and hire purchase of industrial and office equipment.
1992 | Coimbatore, Tamil Nadu (India) | Active
Saravana Finance Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 4.70 M
- Company Age 32 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.84 Cr
- Satisfied Charges ₹ 3.00 Cr
- Revenue Growth 6.99%
- Profit Growth -404.47%
- Ebitda -108.23%
- Net Worth -22.73%
- Total Assets 5.05%
About Saravana Finance
Saravana Finance Private Limited (SFPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 March 1992 and has a history of 32 years and 11 months. Its registered office is in Coimbatore, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 4.70 M.
The company currently has active open charges totaling ₹8.84 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pachaiappan Saravanan, Ramachandran Rajeshwari, and Ramasamy Pachiappan serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65999TZ1992PTC003681
- Company No.
003681
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Mar 1992
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Financial Services
Who are the key members and board of directors at Saravana Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pachaiappan Saravanan  | Managing Director | 14-Dec-1996 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramachandran Rajeshwari  | Director | 25-May-2018 | Current |
| Ramasamy Pachiappan | Director | 11-Mar-1992 | Current |
Financial Performance of Saravana Finance.
Saravana Finance Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.99% increase. The company also saw a substantial fall in profitability, with a 404.47% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Saravana Finance?
In 2023, Saravana 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.
Related Corporates (Common Directorship)
Global Coconut Farmers Producer Company LimitedRamasamy Pachiappan is a mutual person
- Therp Chits Private Limited
Pachaiappan Saravanan and Ramachandran Rajeshwari are mutual person
- Ramesh Chit Funds Private Limited
Ramasamy Pachiappan is a mutual person
Charges (Loans)
Open Charges
₹8.84 Cr
Satisfied Charges
₹3.00 Cr
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 8.69 Cr
- City Union Bank Ltd. : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2019 | City Union Bank Limited | ₹2.59 Cr | Open |
| 30 May 2012 | City Union Bank Limited | ₹6.10 Cr | Open |
| 04 May 2001 | City Union Bank Ltd. | ₹1.50 M | Open |
| 03 Jul 2015 | City Union Bank Limited | ₹3.00 Cr | Satisfied |
How Many Employees Work at Saravana Finance?
Unlock and access historical data on people associated with Saravana Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Saravana 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 Saravana Finance'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 Saravana Finance
Recent activity within the organization
- Annual General Meeting
Saravana Finance Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Saravana Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge registered on 03 Jul 2015 via Charge ID 10585702 with City Union Bank Limited was fully satisfied on 29 Oct 2019.
- Charges
A charge with City Union Bank Limited amounted to Rs. 2.59 Cr with Charge ID 100298123 was registered on 30 Sep 2019.
- Director Appointment
Ramachandran Rajeshwari was appointed as a Director was appointed as a Director on 25 May 2018 & has been associated with this company since 6 years 9 months .
- Charges
A charge with City Union Bank Limited amounted to Rs. 3.00 Cr with Charge ID 10585702 was registered on 03 Jul 2015.
Frequently asked questions
What is the Incorporation or founding date of Saravana Finance Private Limited?
Saravana Finance Private Limited was incorporated on 11 Mar 1992.
What is authorized share capital and paid-up capital of Saravana Finance Private Limited?
The authorized share capital of Saravana Finance Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.70 M.
Who are the current board members & directors of Saravana Finance Private Limited?
Currently 3 directors are associated with Saravana Finance Private Limited.
- Pachaiappan Saravanan
- Ramachandran Rajeshwari
- Ramasamy Pachiappan
What is the registered address of Saravana Finance Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Saravana Finance Private Limited is R P Towers1St Floor No 88 Coimbatore Road India, Pollachi, Tamil Nadu, 642002.
What is the corporate identification number (CIN) and company number of Saravana Finance Private Limited?
The corporate identification number (CIN) of Saravana Finance Private Limited is U65999TZ1992PTC003681 and the company number is 003681 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Saravana Finance Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Saravana Finance Private Limited has risen by 6.99%.
What change has been observed in the net worth of Saravana Finance Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Saravana Finance Private Limited has experienced an downturn of -22.73%.
What are the total open charges for Saravana Finance Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Saravana Finance Private Limited amount to ₹ 8.84 Cr.
When was the last Balance Sheet of Saravana Finance Private Limited filed with the ROC?
The most recent Balance Sheet for Saravana Finance Private Limited was filed with the ROC on 31 Mar 2024.
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