Satin Creditcare Network Profile
Key Indicators
- Authorised Capital ₹ 200.00 Cr
- Paid Up Capital ₹ 110.47 Cr
- Company Age 34 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9,530.89 Cr
- Satisfied Charges ₹ 18,113.61 Cr
- Revenue Growth 39.59%
- Profit Growth 557.13%
- Ebitda 38.38%
- Net Worth 19.14%
- Total Assets 3.66%
About Satin Creditcare Network
Satin Creditcare Network Limited (SCNL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 October 1990 and has a history of 34 years and three months. Its registered office is in North West Delhi, Delhi, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539404 and on the National Stock Exchange(NSE) under SATIN.
The Corporate was formerly known as Satin Leasing And Finance Limited. 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 200.00 Cr and a paid-up capital of Rs 110.47 Cr.
The company currently has active open charges totaling ₹9,530.89 Cr. The company has closed loans amounting to ₹18,113.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Satin Creditcare Network Limited India are Vikas Gupta as COMPANY SECRETARY and Rakesh Sachdeva as Cfo. Sanjay Bhatia, Goh Colin, Anil Kalra, and Five other members serve as directors at the Company.
Company Details
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Location
North West Delhi, Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
Industry
Who are the key members and board of directors at Satin Creditcare Network?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikas Gupta
|
Company Secretary | 08-Oct-2022 | Current |
|
Harvinder Singh
|
Managing Director | 16-Oct-1990 | Current |
| Rakesh Sachdeva | CFO | 13-Dec-2020 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Satvinder Singh
|
Director | 16-Oct-1990 | Current |
Sangeeta Khorana
|
Director | 09-Aug-2013 | Current |
|
Anil Kalra
|
Director | 08-Dec-2015 | Current |
|
Sanjay Bhatia
|
Director | 06-Dec-2014 | Current |
Goh Colin
|
Director | 12-Nov-2014 | Current |
|
Sundeep Mehta
|
Director | 13-Feb-2013 | Current |
Financial Performance of Satin Creditcare Network.
Satin Creditcare Network Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.59% increase. The company also saw a substantial improvement in profitability, with a 557.13% increase in profit. The company's net worth Soared by an impressive increase of 19.14%.
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What is the Ownership and Shareholding Structure of Satin Creditcare Network?
In 2023, Satin Creditcare Network had a promoter holding of 39.45% and a public holding of 60.54%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Trishashna Holdings & Investments Private LimitedHarvinder Singh is a mutual person
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Satin Creditcare FoundationHarvinder Singh is a mutual person
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360 One Asset Management LimitedAnil Kaul is a mutual person
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Hiranandani Financial Services Private LimitedAnil Kaul is a mutual person
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Satin Neo Dimensions Private LimitedSatvinder Singh is a mutual person
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Lic Housing Finance LtdAnil Kaul is a mutual person
Charges (Loans)
₹9,530.89 Cr
₹18,113.61 Cr
Charges Breakdown by Lending Institutions
- Others : 6640.64 Cr
- Sidbi : 850.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 665.50 Cr
- Standard Chartered Bank : 300.00 Cr
- Indian Bank : 200.00 Cr
- Others : 874.76 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2024 | Others | ₹40.00 Cr | Open |
| 21 Mar 2024 | Others | ₹40.00 Cr | Open |
| 18 Mar 2024 | Hdfc Bank Limited | ₹50.00 Cr | Open |
| 11 Mar 2024 | Others | ₹12.00 Cr | Open |
| 01 Mar 2024 | Indian Overseas Bank | ₹100.00 Cr | Open |
How Many Employees Work at Satin Creditcare Network?
Satin Creditcare Network has a workforce of 10241 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Satin Creditcare Network, 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 Satin Creditcare Network'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.
