South Asian Financial Exchange Limited

Provides financial and consulting services for businesses, including tax, project management, and outsourcing.

1985 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 20, 2025

South Asian Financial Exchange Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.31 Cr
  • Company Age 39 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 43.72 Cr
  • Revenue Growth %
  • Profit Growth 31.86%
  • Ebitda 31.74%
  • Net Worth -0.24%
  • Total Assets -0.21%

About South Asian Financial Exchange

South Asian Financial Exchange Limited (SAFEL) is a Public Limited Indian Non-Government Company incorporated in India on 11 December 1985 and has a history of 39 years and two months. Its registered office is in Chennai, Tamil Nadu.

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 8.31 Cr.

The company currently has active open charges totaling ₹43.72 Cr.

Narayana Mankalmurthi, Meera Arumugam, and Gunti Sharadha serve as directors at the Company.

Company Details

  • Location Chennai, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67110TN1985PLC012472

  • Company No.

    012472

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 1985

  • Date of AGM

    30 Sep 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 South Asian Financial Exchange?

Board Members (3)

NameDesignationAppointment DateStatus
Narayana Mankalmurthi Country flag representing In Director 27-Jul-2022Current
Meera Arumugam Country flag representing In Director 31-Dec-2011Current
Gunti Sharadha Country flag representing In Director 10-Feb-2021Current

Financial Performance of South Asian Financial Exchange.

South Asian Financial Exchange Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 31.86% increase in profit. The company's net worth dipped by a decrease of 0.24%.

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
Revenue from Operations
Total Assets
-0.21%
Profit or Loss
31.86%
Net Worth
-0.24%
EBITDA
31.74%

What is the Ownership and Shareholding Structure of South Asian Financial Exchange?

In 2023, South Asian Financial Exchange had a promoter holding of 29.77% and a public holding of 70.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.72 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Industrial Development Bank Of India : 10.00 Cr
  • Industrial Finance Corporation Of India : 9.65 Cr
  • Canara Bank : 7.00 Cr
  • Edelweiss Asset Reconstruction Company Limited : 4.00 Cr
  • Uco Bank : 2.40 Cr
  • Others : 10.68 Cr

Latest Charge Details

DateLenderAmountStatus
18 Oct 1995Edelweiss Asset Reconstruction Company Limited₹4.00 CrOpen
01 Jun 1995Union Bank Of India₹1.50 CrOpen
10 Jun 1994Indian Overseas Bank₹7.50 MOpen
18 Mar 1994Industrial Finance Corporation Of India₹1.43 CrOpen
30 Sep 1993Industrial Finance Corporation Of India₹1.25 CrOpen

How Many Employees Work at South Asian Financial Exchange?

Unlock and access historical data on people associated with South Asian Financial Exchange, 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 South Asian Financial Exchange, 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 South Asian Financial Exchange'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 South Asian Financial Exchange

Recent activity within the organization

  • Annual General Meeting

    South Asian Financial Exchange Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    South Asian Financial Exchange Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Narayana Mankalmurthi was appointed as a Director was appointed as a Director on 27 Jul 2022 & has been associated with this company since 2 years 6 months .

    27 Jul 2022

  • Director Appointment

    Gunti Sharadha was appointed as a Director was appointed as a Director on 10 Feb 2021 & has been associated with this company since 4 years 10 days .

    10 Feb 2021

  • Charges

    A charge with Edelweiss Asset Reconstruction Company Limited of Rs. 4.00 Cr registered on 18 Oct 1995 with Charge ID 90320463 was modified on 25 Jun 2012.

    25 Jun 2012

  • Director Appointment

    Meera Arumugam was appointed as a Director was appointed as a Director on 31 Dec 2011 & has been associated with this company since 13 years 1 month .

    31 Dec 2011

Frequently asked questions

  • South Asian Financial Exchange Limited was incorporated on 11 Dec 1985.

  • The authorized share capital of South Asian Financial Exchange Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.31 Cr.

  • Currently 3 directors are associated with South Asian Financial Exchange Limited.

    • Narayana Mankalmurthi
    • Meera Arumugam
    • Gunti Sharadha
  • As per Ministry of Corporate Affairs (Mca), the registered address of South Asian Financial Exchange Limited is No.34 Victoria Crescent Commander Chief Road, Egmore India, Chennai, Tamil Nadu, 600105.

  • The corporate identification number (CIN) of South Asian Financial Exchange Limited is U67110TN1985PLC012472 and the company number is 012472 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of South Asian Financial Exchange Limited has experienced an downturn of -0.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for South Asian Financial Exchange Limited amount to ₹ 43.72 Cr.

  • The most recent Balance Sheet for South Asian Financial Exchange Limited was filed with the ROC on 31 Mar 2024.

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