Saravana Finance Private Limited

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

Last Updated:

November 17, 2024
HomeCompanySaravana Finance Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Pachaiappan Saravanan InManaging Director14-Dec-1996Current

Board Members(2)

NameDesignationAppointment DateStatus
Ramachandran Rajeshwari Sg Director 25-May-2018Current
Ramasamy Pachiappan In Director 11-Mar-1992Current

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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
6.99%
Revenue from Operations
7.76%
Total Assets
5.05%
Profit or Loss
-404.47%
Net Worth
-22.73%
EBITDA
-108.23%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹8.84 Cr

₹3.00 Cr

LenderAmountStatus

City Union Bank Limited

Creation Date: 30 Sep 2019
₹2.59 CrOpen

City Union Bank Limited

Creation Date: 30 May 2012
₹6.10 CrOpen

City Union Bank Ltd.

Creation Date: 04 May 2001
₹1.50 MOpen

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.

Employee Graph

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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.

    30 Sep 2024

  • Balance Sheet

    Saravana Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge registered on 03 Jul 2015 via Charge ID 10585702 with City Union Bank Limited was fully satisfied on 29 Oct 2019.

    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.

    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 7 months .

    25 May 2018

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 3.00 Cr with Charge ID 10585702 was registered on 03 Jul 2015.

    03 Jul 2015

Frequently asked questions

  • Saravana Finance Private Limited was incorporated on 11 Mar 1992.

  • The authorized share capital of Saravana Finance Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.70 M.

  • Currently 3 directors are associated with Saravana Finance Private Limited.

    • Pachaiappan Saravanan
    • Ramachandran Rajeshwari
    • Ramasamy Pachiappan
  • 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.

  • 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).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saravana Finance Private Limited has risen by 6.99%.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saravana Finance Private Limited amount to ₹ 8.84 Cr.

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

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