Sns Mutual Fund Distributors Private Limited

Provides mutual fund distribution and financial advisory services to individuals, families, and corporates.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: January 20, 2025

Sns Mutual Fund Distributors Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 20 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.40 Cr
  • Revenue Growth 17.45%
  • Profit Growth -14.91%
  • Ebitda 12.69%
  • Net Worth 29.24%
  • Total Assets 365.17%

About Sns Mutual Fund Distributors

Sns Mutual Fund Distributors Private Limited (SMFDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 August 2004 and has a history of 20 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Shah & Shah Finsol Private 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 1.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹20.40 Cr.

Hitesh Mafatlal, Heena Shah, Prasheel Shah, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67200MH2004PTC147841

  • Company No.

    147841

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Sns Mutual Fund Distributors?

Board Members (4)

Name Designation Appointment Date Status
Hitesh Mafatlal Country flag representing In Director 01-Mar-2006 Current
Heena Shah Country flag representing In Director 16-Apr-2018 Current
Prasheel Shah Country flag representing In Additional Director 02-Mar-2024 Current
Utsav Shah Country flag representing In Additional Director 02-Mar-2024 Current

Financial Performance of Sns Mutual Fund Distributors.

Sns Mutual Fund Distributors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.45% increase. The company also saw a substantial fall in profitability, with a 14.91% decrease in profit. The company's net worth Soared by an impressive increase of 29.24%.

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
17.45%
Revenue from Operations
21.18%
Total Assets
365.17%
Profit or Loss
-14.91%
Net Worth
29.24%
EBITDA
12.69%

What is the Ownership and Shareholding Structure of Sns Mutual Fund Distributors?

Unlock access to Sns Mutual Fund Distributors's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹204.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 19.50 Cr
  • Hdfc Bank Limited : 0.90 Cr

Latest Charge Details

Date Lender Amount Status
12 Dec 2023 Hdfc Bank Limited ₹9.00 M Open
27 Oct 2022 Standard Chartered Bank ₹19.50 Cr Open

How Many Employees Work at Sns Mutual Fund Distributors?

Sns Mutual Fund Distributors has a workforce of 43 employees as of Apr 06, 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 Sns Mutual Fund Distributors, 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 Sns Mutual Fund Distributors'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 Sns Mutual Fund Distributors

Recent activity within the organization

  • Director Appointment

    Prasheel Hitesh Shah was appointed as a Additional Director was appointed as a Additional Director on 02 Mar 2024 & has been associated with this company since 11 months 2 days .

    02 Mar 2024

  • Director Appointment

    Utsav Hitesh Shah was appointed as a Additional Director was appointed as a Additional Director on 02 Mar 2024 & has been associated with this company since 11 months 2 days .

    02 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 9.00 M with Charge ID 100867466 was registered on 12 Dec 2023.

    12 Dec 2023

  • Annual General Meeting

    Sns Mutual Fund Distributors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sns Mutual Fund Distributors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 195.00 M with Charge ID 100628635 was registered on 27 Oct 2022.

    27 Oct 2022

Frequently asked questions

  • Sns Mutual Fund Distributors Private Limited was incorporated on 04 Aug 2004.

  • The authorized share capital of Sns Mutual Fund Distributors Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Sns Mutual Fund Distributors Private Limited.

    • Hitesh Shah Mafatlal
    • Heena Hitesh Shah
    • Prasheel Hitesh Shah
    • Utsav Hitesh Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sns Mutual Fund Distributors Private Limited is 2Nd Floor Gitanjali Arcade Nehru Road Vile-Parle East India, Mumbai, Maharashtra, 400057.

  • The corporate identification number (CIN) of Sns Mutual Fund Distributors Private Limited is U67200MH2004PTC147841 and the company number is 147841 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sns Mutual Fund Distributors Private Limited is https://www.snsgroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sns Mutual Fund Distributors Private Limited has risen by 17.45%.

  • As Per 2023 financial reports, 43 employees are currently employed by Sns Mutual Fund Distributors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sns Mutual Fund Distributors Private Limited has experienced an upsurge of 29.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sns Mutual Fund Distributors Private Limited amount to ₹ 20.40 Cr.

  • The most recent Balance Sheet for Sns Mutual Fund Distributors Private Limited was filed with the ROC on 31 Mar 2023.

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