Sasvitha Home Finance Limited logo

Sasvitha Home Finance Limited

Provides home finance solutions to low and middle-income customers through various loan options.
2017 | Chennai, Tamil Nadu (India) | Active

Last Updated:

October 23, 2024
HomeCompanySasvitha Home Finance Limited

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

Executive Team (3)

NameDesignationAppointment DateStatus
Melpadi Chakrapani InCompany Secretary30-Sep-2024Current
Kothandapani RajendranCFO30-Apr-2024Current
Ramratthinam SeshadriCEO30-Apr-2024Current

Board Members(7)

NameDesignationAppointment DateStatus
Valliappan Nagappan In Director 22-Mar-2022Current
Ramachandran Bhaskaran In Director 26-Sep-2022Current
Muthusamy Balachandran In Director 21-Jun-2017Current
Yerabhagha Reddy In Director 01-Oct-2024Current
Kuppan Devendiran In Director 21-Jun-2017Current
Karuppiah Ganesan In Director 08-Nov-2018Current

Financial Performance and Corporate Structure Insights of Sasvitha Home Finance.

Sasvitha Home Finance Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 24.38% increase. The company also saw a substantial improvement in profitability, with a 29.49% increase in profit. The company's net worth Soared by an impressive increase of 36.35%.

Revenue Growth Graph
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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
24.38%
Revenue from Operations
23.60%
Total Assets
15.46%
Profit or Loss
29.49%
Net Worth
36.35%
EBITDA
31.71%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹165.88 Cr

₹15.66 Cr

LenderAmountStatus

Others

Creation Date: 25 Sep 2024
₹5.00 CrOpen

Others

Creation Date: 04 Jan 2024
₹15.50 CrOpen

City Union Bank Limited

Creation Date: 22 Dec 2023
₹5.00 CrOpen

How Many Employees Work at Sasvitha Home Finance?

Sasvitha Home Finance has a workforce of 61 employees as of Oct 09, 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.

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Latest Updates, News, and FAQs on Sasvitha Home Finance

Recent activity within the organization

  • Director Appointment

    Yerabhagha Meera Reddy was appointed as a Director was appointed as a Director on 01 Oct 2024 & has been associated with this company since 2 months 21 days .

    01 Oct 2024

  • Director Appointment

    Melpadi Chakrapani was appointed as a Company Secretary was appointed as a Company Secretary on 30 Sep 2024 & has been associated with this company since 2 months 22 days .

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100981648 was registered on 25 Sep 2024.

    25 Sep 2024

  • Annual General Meeting

    Sasvitha Home Finance Limited last Annual general meeting of members was held on 02 Sep 2024 as per latest MCA records.

    02 Sep 2024

  • Director Appointment

    Kothandapani Rajendran was appointed as a Cfo was appointed as a Cfo on 30 Apr 2024 & has been associated with this company since 7 months 22 days .

    30 Apr 2024

  • Director Appointment

    Ramratthinam Kaveripakkam Seshadri was appointed as a Ceo was appointed as a Ceo on 30 Apr 2024 & has been associated with this company since 7 months 22 days .

    30 Apr 2024

Frequently asked questions

  • Sasvitha Home Finance Limited was incorporated on 21 Jun 2017.

  • The authorized share capital of Sasvitha Home Finance Limited is ₹ 40.00 Cr and paid-up capital is ₹ 30.06 Cr.

  • Currently 10 directors are associated with Sasvitha Home Finance Limited.

    • Muthusamy Balachandran
    • Yerabhagha Meera Reddy
    • Ramachandran Bhaskaran
    • Valliappan Nagappan
    • Kuppan Devendiran
    • Karuppiah Ganesan
    • Manimaran
    • Melpadi Chakrapani
    • Kothandapani Rajendran
    • Ramratthinam Kaveripakkam Seshadri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sasvitha Home Finance Limited is Sathguru Complex 1St Floor Old No.488 New No 640 Anna Salai, Nan Danam India, Chennai, Tamil Nadu, 600035.

  • The corporate identification number (CIN) of Sasvitha Home Finance Limited is U65999TN2017PLC117189 and the company number is 117189 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sasvitha Home Finance Limited is https://www.sasvithahome.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Sasvitha Home Finance Limited has risen by 24.38%.

  • As Per 2024 financial reports, 61 employees are currently employed by Sasvitha Home Finance Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Sasvitha Home Finance Limited has experienced an upsurge of 36.35%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Sasvitha Home Finance Limited amount to ₹ 165.88 Cr.

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

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