Shriramfortune Solutions Limited

Financial product distribution company with nationwide presence and a subsidiary of Shriram Credit Company.

1987 | Madras-1, Tamil Nadu (India) | Active
Last Updated: December 11, 2024

Shriramfortune Solutions Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.39 Cr
  • Company Age 37 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth 3.96%
  • Profit Growth 412.62%
  • Ebitda -1546.63%
  • Net Worth 8.63%
  • Total Assets 23.17%

About Shriramfortune Solutions

Shriramfortune Solutions Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 October 1987 and has a history of 37 years and three months. Its registered office is in Madras-1, Tamil Nadu.

The Corporate was formerly known as Shriramfortune Solutions 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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.39 Cr.

The company has closed loans amounting to ₹3.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shriramfortune Solutions Limited India is Trina Nandi as COMPANY SECRETARY. Mohan Natarajan, Ramasubramanian Chandrasekar, Amit Gupta, and Two other members serve as directors at the Company.

Company Details

  • Location
    Madras-1, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74210TN1987PLC014963

  • Company No.

    014963

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Oct 1987

  • Date of AGM

    27 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

What products or services does Shriramfortune Solutions Limited offer?

Shriramfortune Solutions Limited offers a wide range of products and services, including Insurance Service, Life Insurance, General Insurance, Investment Service, Mutual Fund Services, Tractor, Insurance Agents and Services, Corporate Finance & Leasing Advisors, Fund Management Services.

Who are the key members and board of directors at Shriramfortune Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Trina Nandi Company Secretary02-Mar-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Mohan Natarajan Country flag representing In Director 06-Apr-2015Current
Amit Gupta Country flag representing In Director 11-Feb-2022Current
Ramasubramanian Chandrasekar Country flag representing In Director 21-May-2021Current
Madhugirirajasimha Bhushan Country flag representing In Director 11-Feb-2022Current
Saleem Ali Country flag representing In Director 11-Aug-2017Current

Financial Performance of Shriramfortune Solutions.

Shriramfortune Solutions Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 3.96% increase. The company also saw a substantial improvement in profitability, with a 412.62% increase in profit. The company's net worth moved up by a moderate rise of 8.63%.

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
3.96%
Revenue from Operations
3.30%
Total Assets
23.17%
Profit or Loss
412.62%
Net Worth
8.63%
EBITDA
-1546.63%

What is the Ownership and Shareholding Structure of Shriramfortune Solutions?

In 2023, Shriramfortune Solutions had a promoter holding of 95.81% and a public holding of 4.19%. 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

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Dec 2009Yes Bank Limited₹3.00 CrSatisfied

How Many Employees Work at Shriramfortune Solutions?

Shriramfortune Solutions has a workforce of 911 employees as of Mar 23, 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 Shriramfortune Solutions, 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 Shriramfortune Solutions'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 Shriramfortune Solutions

Recent activity within the organization

  • Annual General Meeting

    Shriramfortune Solutions Limited last Annual general meeting of members was held on 27 Aug 2024 as per latest MCA records.

    27 Aug 2024

  • Balance Sheet

    Shriramfortune Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Amit Sankar Gupta was appointed as a Director was appointed as a Director on 11 Feb 2022 & has been associated with this company since 2 years 11 months .

    11 Feb 2022

  • Director Appointment

    Madhugirirajasimha Shashi Bhushan was appointed as a Director was appointed as a Director on 11 Feb 2022 & has been associated with this company since 2 years 11 months .

    11 Feb 2022

  • Director Appointment

    Ramasubramanian Chandrasekar was appointed as a Director was appointed as a Director on 21 May 2021 & has been associated with this company since 3 years 8 months .

    21 May 2021

  • Director Appointment

    Trina Nandi was appointed as a Company Secretary was appointed as a Company Secretary on 02 Mar 2018 & has been associated with this company since 6 years 11 months .

    02 Mar 2018

Frequently asked questions

  • Shriramfortune Solutions Limited was incorporated on 12 Oct 1987.

  • The authorized share capital of Shriramfortune Solutions Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.39 Cr.

  • Currently 6 directors are associated with Shriramfortune Solutions Limited.

    • Mohan Natarajan
    • Ramasubramanian Chandrasekar
    • Amit Sankar Gupta
    • Madhugirirajasimha Shashi Bhushan
    • Saleem Ali
    • Trina Nandi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shriramfortune Solutions Limited is 123 Jangappan Naicken Street India, Madras-1, Tamil Nadu.

  • The corporate identification number (CIN) of Shriramfortune Solutions Limited is U74210TN1987PLC014963 and the company number is 014963 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shriramfortune Solutions Limited is https://www.shriramfortune.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Shriramfortune Solutions Limited has risen by 3.96%.

  • As Per 2018 financial reports, 911 employees are currently employed by Shriramfortune Solutions Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Shriramfortune Solutions Limited has experienced an upsurge of 8.63%.

  • The most recent Balance Sheet for Shriramfortune Solutions Limited was filed with the ROC on 31 Mar 2024.

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