Satin Housing Finance Limited

Housing finance company providing affordable loans for low and middle-income individuals in urban and rural India.

2017 | Delhi (India) | Active
Last Updated: November 16, 2024

Satin Housing Finance Profile

Key Indicators

  • Authorised Capital ₹ 152.10 Cr
  • Paid Up Capital ₹ 140.84 Cr
  • Company Age 7 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 799.69 Cr
  • Satisfied Charges ₹ 72.75 Cr
  • Revenue Growth 62.63%
  • Profit Growth 95.01%
  • Ebitda 68.60%
  • Net Worth 43.78%
  • Total Assets 53.08%

About Satin Housing Finance

Satin Housing Finance Limited (SHFL) is a Public Limited Indian Non-Government Company incorporated in India on 17 April 2017 (Seven years and nine months 16 days old ). Its registered office is in Delhi, 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 152.10 Cr and a paid-up capital of Rs 140.84 Cr.

The company currently has active open charges totaling ₹799.69 Cr. The company has closed loans amounting to ₹72.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Satin Housing Finance Limited India are Brajesh Kumar as Company Secretary, Sachin Sharma as Cfo, and Amit Sharma as Ceo. Harvinder Singh, Sanjay Bhatia, Amit Sharma, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65929DL2017PLC316143

  • Company No.

    316143

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Apr 2017

  • Date of AGM

    22 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

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

Executive Team (3)

Name Designation Appointment Date Status
Amit Sharma Country flag representing In Managing Director 07-Feb-2018 Current
Brajesh Kumar Country flag representing In Company Secretary 11-Nov-2024 Current
Sachin Sharma Country flag representing In CFO 01-May-2017 Current

Board Members (3)

Name Designation Appointment Date Status
Jyoti Ahluwalia Country flag representing In Director 27-Apr-2022 Current
Harvinder Singh Country flag representing In Director 17-Apr-2017 Current
Sanjay Bhatia Country flag representing In Director 13-May-2024 Current

Financial Performance of Satin Housing Finance.

Satin Housing Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 62.63% increase. The company also saw a substantial improvement in profitability, with a 95.01% increase in profit. The company's net worth Soared by an impressive increase of 43.78%.

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
62.63%
Revenue from Operations
64.11%
Total Assets
53.08%
Profit or Loss
95.01%
Net Worth
43.78%
EBITDA
68.60%

What is the Ownership and Shareholding Structure of Satin Housing Finance?

In 2023, Satin Housing 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹799.69 Cr

Satisfied Charges

₹72.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 720.79 Cr
  • State Bank Of India : 25.00 Cr
  • Hdfc Bank Limited : 23.90 Cr
  • Idbi Bank Limited : 20.00 Cr
  • Tata Capital Financial Services Limited : 10.00 Cr

Latest Charge Details

Date Lender Amount Status
26 Sep 2024 Others ₹25.00 Cr Open
18 Sep 2024 Others ₹15.00 Cr Open
06 Sep 2024 Others ₹25.00 Cr Open
29 Aug 2024 Others ₹25.00 Cr Open
21 Aug 2024 Others ₹5.00 Cr Open

How Many Employees Work at Satin Housing Finance?

Satin Housing Finance has a workforce of 373 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 Satin Housing 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 Satin Housing 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 Satin Housing Finance

Recent activity within the organization

  • Director Appointment

    Brajesh Kumar was appointed as a Company Secretary was appointed as a Company Secretary on 11 Nov 2024 & has been associated with this company since 2 months 22 days .

    11 Nov 2024

  • Charges

    A charge registered on 10 Sep 2020 via Charge ID 100370223 with Others was fully satisfied on 19 Oct 2024.

    19 Oct 2024

  • Charges

    A charge registered on 03 Oct 2018 via Charge ID 100210856 with Others was fully satisfied on 09 Oct 2024.

    09 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100983417 was registered on 26 Sep 2024.

    26 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100976207 was registered on 18 Sep 2024.

    18 Sep 2024

  • Charges

    A charge registered on 09 Sep 2020 via Charge ID 100369444 with Others was fully satisfied on 11 Sep 2024.

    11 Sep 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Satin Housing Finance Limited was incorporated on 17 Apr 2017.

  • The authorized share capital of Satin Housing Finance Limited is ₹ 152.10 Cr and paid-up capital is ₹ 140.84 Cr.

  • Currently 7 directors are associated with Satin Housing Finance Limited.

    • Harvinder Pal Singh
    • Sanjay Kumar Bhatia
    • Amit Sharma
    • Brajesh Kumar
    • Sachin Sharma
    • Jyoti Ahluwalia
    • Amit Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Satin Housing Finance Limited is 505 5Th Floor, Kundan Bhawan Azadpur Commercial Complex India, Delhi, 110033.

  • The corporate identification number (CIN) of Satin Housing Finance Limited is U65929DL2017PLC316143 and the company number is 316143 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Satin Housing Finance Limited is https://www.satinhousingfinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Satin Housing Finance Limited has risen by 62.63%.

  • As Per 2023 financial reports, 373 employees are currently employed by Satin Housing Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Satin Housing Finance Limited has experienced an upsurge of 43.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Satin Housing Finance Limited amount to ₹ 799.69 Cr.

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

People also Viewed

Similar Companies Based on Housing Finance Companies