Simpson & General Finance Company Limited

NBFC providing financial and related services, part of Amalgamations Group, established in 1938.

1938 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Simpson & General Finance Company Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 86 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.60 Cr
  • Satisfied Charges ₹ 3.75 Cr
  • Revenue Growth 12.58%
  • Profit Growth 14.89%
  • Ebitda 11.64%
  • Net Worth 14.37%
  • Total Assets 13.99%

About Simpson & General Finance Company

Simpson & General Finance Company Limited (SGFCL) was founded in India on 05 November 1938 and has a glorious history of 86 years and three months. Its registered office is in Chennai, Tamil Nadu, 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 3.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹1.60 Cr. The company has closed loans amounting to ₹3.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Parthasarathy Mugundan, Srinivasaraghavan Sridharan, Madhavan Anantharamakrishnan, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65190TN1938PLC002355

  • Company No.

    002355

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Nov 1938

  • Date of AGM

    26 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Simpson & General Finance Company?

Board Members (5)

NameDesignationAppointment DateStatus
Parthasarathy Mugundan Country flag representing In Director 21-Jun-2023Current
Srinivasaraghavan Sridharan Country flag representing In Director 18-Mar-2004Current
Madhavan Anantharamakrishnan Country flag representing In Director 13-Aug-2012Current
Vaigalathore Ganesan Country flag representing In Director 02-Mar-2023Current
Triplicane Jayagopal Country flag representing In Whole-Time Director 21-Jun-2023Current

Financial Performance of Simpson & General Finance Company.

Simpson & General Finance Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.58% increase. The company also saw a substantial improvement in profitability, with a 14.89% increase in profit. The company's net worth Soared by an impressive increase of 14.37%.

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
12.58%
Revenue from Operations
10.76%
Total Assets
13.99%
Profit or Loss
14.89%
Net Worth
14.37%
EBITDA
11.64%

What is the Ownership and Shareholding Structure of Simpson & General Finance Company?

In 2023, Simpson & General Finance Company 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

₹1.60 Cr

Satisfied Charges

₹3.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 1.50 Cr
  • Simpson And General Fianance Corporation Ltd. : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
06 May 2021Others₹1.50 CrOpen
29 Mar 1995Simpson And General Fianance Corporation Ltd.₹1.01 MOpen
05 Sep 1989Central Bank Of India₹1.00 CrSatisfied
05 Sep 1989Central Bank Of India₹1.75 CrSatisfied
05 Jun 1989Central Bank Of India₹1.00 CrSatisfied

How Many Employees Work at Simpson & General Finance Company?

Unlock and access historical data on people associated with Simpson & General Finance Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Simpson & General Finance Company, 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 Simpson & General Finance Company'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 Simpson & General Finance Company

Recent activity within the organization

  • Annual General Meeting

    Simpson & General Finance Company Limited last Annual general meeting of members was held on 26 Jun 2024 as per latest MCA records.

    26 Jun 2024

  • Balance Sheet

    Simpson & General Finance Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Parthasarathy Mugundan was appointed as a Director was appointed as a Director on 21 Jun 2023 & has been associated with this company since 1 year 8 months .

    21 Jun 2023

  • Director Appointment

    Triplicane Venkatachalam Jayagopal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 21 Jun 2023 & has been associated with this company since 1 year 8 months .

    21 Jun 2023

  • Director Appointment

    Vaigalathore Ganesan was appointed as a Director was appointed as a Director on 02 Mar 2023 & has been associated with this company since 1 year 11 months .

    02 Mar 2023

  • Charges

    A charge registered on 05 Sep 1989 via Charge ID 90304414 with Central Bank Of India was fully satisfied on 26 Aug 2021.

    26 Aug 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Simpson & General Finance Company Limited was incorporated on 05 Nov 1938.

  • The authorized share capital of Simpson & General Finance Company Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 5 directors are associated with Simpson & General Finance Company Limited.

    • Parthasarathy Mugundan
    • Srinivasaraghavan Sridharan
    • Madhavan Anantharamakrishnan
    • Vaigalathore Ganesan
    • Triplicane Venkatachalam Jayagopal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Simpson & General Finance Company Limited is 861/862, Anna Salai India, Chennai, Tamil Nadu, 600002.

  • The corporate identification number (CIN) of Simpson & General Finance Company Limited is U65190TN1938PLC002355 and the company number is 002355 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Simpson & General Finance Company Limited is https://www.amalgamationsgroup.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Simpson & General Finance Company Limited has risen by 12.58%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Simpson & General Finance Company Limited has experienced an upsurge of 14.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Simpson & General Finance Company Limited amount to ₹ 1.60 Cr.

  • The most recent Balance Sheet for Simpson & General Finance Company Limited was filed with the ROC on 31 Mar 2024.

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