Sarvodaya Nano Finance Limited

NBFC-MFI providing financial intermediation models for micro enterprises and dairy farming loans.

2003 | Chennai-14., Tamil Nadu (India) | Active
Last Updated: October 04, 2024

Sarvodaya Nano Finance Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 26.64 Cr
  • Company Age 21 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 265.43 Cr
  • Revenue Growth 10.05%
  • Profit Growth 119.24%
  • Ebitda 75.10%
  • Net Worth 1.06%
  • Total Assets 0.74%

About Sarvodaya Nano Finance

Sarvodaya Nano Finance Limited (SNFL) is a Public Limited Indian Non-Government Company incorporated in India on 28 March 2003 and has a history of 21 years and ten months. Its registered office is in Chennai-14., 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 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 26.64 Cr.

The company has closed loans amounting to ₹265.43 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sarvodaya Nano Finance Limited India are Selvanathan Rajeswaran as CFO and Padmanabhan Lalitha as Company Secretary. Loganathan Subbiah, Pandiarajan, Muneeswaran, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai-14., Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65923TN2003PLC050614

  • Company No.

    050614

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Mar 2003

  • Date of AGM

    12 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Executive Team (2)

Name Designation Appointment Date Status
Selvanathan Rajeswaran Country flag representing In CFO 07-Jul-2014 Current
Padmanabhan Lalitha Company Secretary 15-Jun-2022 Current

Board Members (6)

Name Designation Appointment Date Status
Loganathan Subbiah Country flag representing In Director 28-Mar-2003 Current
Pandiarajan Country flag representing In Whole-Time Director 27-Sep-2024 Current
Muneeswaran Country flag representing In Director 30-Sep-2022 Current
Selvanathan Country flag representing In Whole-Time Director and Cfo 22-Feb-2020 Current
Kannan Rani Country flag representing In Whole-Time Director 22-Feb-2020 Current
Chinnadurai Thiyagarajan Country flag representing In Whole-Time Director 22-Feb-2020 Current

Financial Performance of Sarvodaya Nano Finance.

Sarvodaya Nano Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.05% increase. The company also saw a substantial improvement in profitability, with a 119.24% increase in profit. The company's net worth moved up by a moderate rise of 1.06%.

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
10.05%
Revenue from Operations
-21.07%
Total Assets
0.74%
Profit or Loss
119.24%
Net Worth
1.06%
EBITDA
75.10%

What is the Ownership and Shareholding Structure of Sarvodaya Nano Finance?

In 2023, Sarvodaya Nano Finance had a promoter holding of 0.02% and a public holding of 99.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹265.43 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 67.00 Cr
  • Small Industries Development Bank Of India : 45.00 Cr
  • Ing Vysya Bank Limited : 45.00 Cr
  • Sarva Jana Seva Kosh Limited : 29.00 Cr
  • Others : 25.00 Cr
  • Others : 54.43 Cr

Latest Charge Details

Date Lender Amount Status
29 Jul 2015 Others ₹25.00 Cr Satisfied
27 Aug 2014 Sarva Jana Seva Kosh Limited ₹15.00 Cr Satisfied
24 Nov 2012 Sarva Jana Seva Kosh Limited ₹8.00 Cr Satisfied
23 Nov 2012 Sarva Seva Habitat Promotion Limited ₹3.00 Cr Satisfied
04 Jun 2012 Sarva Jana Seva Kosh Limited ₹6.00 Cr Satisfied

How Many Employees Work at Sarvodaya Nano Finance?

Sarvodaya Nano Finance has a workforce of 34 employees as of Mar 27, 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 Sarvodaya Nano 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 Sarvodaya Nano Finance'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 Sarvodaya Nano Finance

Recent activity within the organization

  • Director Appointment

    Pandiarajan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 27 Sep 2024 & has been associated with this company since 4 months 6 days .

    27 Sep 2024

  • Annual General Meeting

    Sarvodaya Nano Finance Limited last Annual general meeting of members was held on 12 Sep 2023 as per latest MCA records.

    12 Sep 2023

  • Balance Sheet

    Sarvodaya Nano Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Muneeswaran was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 4 months .

    30 Sep 2022

  • Charges

    A charge registered on 29 Jul 2015 via Charge ID 10586319 with Others was fully satisfied on 16 Apr 2021.

    16 Apr 2021

  • Charges

    A charge registered on 12 Dec 2011 via Charge ID 10325103 with Axis Bank Limited was fully satisfied on 20 Jul 2020.

    20 Jul 2020

Frequently asked questions

  • Sarvodaya Nano Finance Limited was incorporated on 28 Mar 2003.

  • The authorized share capital of Sarvodaya Nano Finance Limited is ₹ 30.00 Cr and paid-up capital is ₹ 26.64 Cr.

  • Currently 8 directors are associated with Sarvodaya Nano Finance Limited.

    • Loganathan Subbiah
    • Pandiarajan
    • Muneeswaran
    • Selvanathan
    • Kannan Rani
    • Chinnadurai Thiyagarajan
    • Selvanathan Rajeswaran
    • Padmanabhan Lalitha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sarvodaya Nano Finance Limited is No.279 Avvai Shanmugam SalaiRoyapettah Chennai-14., Tamil Nadu, India, 600014.

  • The corporate identification number (CIN) of Sarvodaya Nano Finance Limited is U65923TN2003PLC050614 and the company number is 050614 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sarvodaya Nano Finance Limited is https://www.sarvodayanano.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sarvodaya Nano Finance Limited has risen by 10.05%.

  • As Per 2023 financial reports, 34 employees are currently employed by Sarvodaya Nano Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sarvodaya Nano Finance Limited has experienced an upsurge of 1.06%.

  • The most recent Balance Sheet for Sarvodaya Nano Finance Limited was filed with the ROC on 31 Mar 2023.

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