Srestha Finvest Limited

NBFC providing credit solutions and investment services, incorporated in 1985 in Chennai, India.

1985 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 01, 2025

Srestha Finvest Profile

Key Indicators

  • Authorised Capital ₹ 367.00 Cr
  • Paid Up Capital ₹ 164.00 Cr
  • Company Age 39 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.08 Cr
  • Revenue Growth -51.23%
  • Profit Growth 94.12%
  • Ebitda -70.63%
  • Net Worth -0.29%
  • Total Assets -44.13%

About Srestha Finvest

Srestha Finvest Limited (SFL) is a Public Limited Indian Non-Government Company incorporated in India on 22 July 1985 and has a history of 39 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539217.

The Corporate was formerly known as M.S.Investments 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 367.00 Cr and a paid-up capital of Rs 164.00 Cr.

The company has closed loans amounting to ₹1.08 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Srestha Finvest Limited India are A Kumar as COMPANY SECRETARY and Sunil Bhandari as Cfo. Sitaben Patel, Sunil Bhandari, Umeshbhai Padariya, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    srestha.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L65993TN1985PLC012047

  • Company No.

    012047

  • Stock Symbol

    BSE : 539217

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Jul 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Srestha Finvest?

Executive Team (2)

NameDesignationAppointment DateStatus
A Kumar Company Secretary27-Jan-2020Current
Sunil Bhandari CFO08-Feb-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Sitaben Patel Country flag representing In Director 28-Oct-2021Current
Sunil Bhandari Country flag representing In Whole-Time Director 17-Oct-2022Current
Umeshbhai Padariya Country flag representing In Director 07-Oct-2022Current
Mayurdwajsinh Rana Country flag representing In Director 22-Oct-2021Current
Sahadevsinh Rana Country flag representing In Director 22-Oct-2021Current

Financial Performance of Srestha Finvest.

Srestha Finvest Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 51.23% decrease. The company also saw a substantial improvement in profitability, with a 94.12% increase in profit. The company's net worth dipped by a decrease of 0.29%.

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
-51.23%
Revenue from Operations
-51.20%
Total Assets
-44.13%
Profit or Loss
94.12%
Net Worth
-0.29%
EBITDA
-70.63%

What is the Ownership and Shareholding Structure of Srestha Finvest?

In 2023, Srestha Finvest had a public 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

₹0

Satisfied Charges

₹1.08 Cr

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Ltd. : 0.90 Cr
  • State Bank Of India : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jul 1996The Karur Vysya Bank Ltd.₹2.50 MSatisfied
28 Sep 1995The Karur Vysya Bank Ltd.₹1.50 MSatisfied
13 Sep 1994The Karur Vysya Bank Ltd.₹2.00 MSatisfied
14 Jul 1988State Bank Of India₹1.75 MSatisfied
17 Oct 1986The Karur Vysya Bank Ltd.₹1.50 MSatisfied

How Many Employees Work at Srestha Finvest?

Unlock and access historical data on people associated with Srestha Finvest, 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 Srestha Finvest, 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 Srestha Finvest'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 Srestha Finvest

Recent activity within the organization

  • Annual General Meeting

    Srestha Finvest Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Sunil Bhandari was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 17 Oct 2022 & has been associated with this company since 2 years 4 months .

    17 Oct 2022

  • Director Appointment

    Umeshbhai Hirjibhai Padariya was appointed as a Director was appointed as a Director on 07 Oct 2022 & has been associated with this company since 2 years 4 months .

    07 Oct 2022

  • Director Appointment

    Sunil Bhandari was appointed as a Cfo was appointed as a Cfo on 08 Feb 2022 & has been associated with this company since 3 years 15 days .

    08 Feb 2022

  • Director Appointment

    Sitaben S Patel was appointed as a Director was appointed as a Director on 28 Oct 2021 & has been associated with this company since 3 years 3 months .

    28 Oct 2021

Recent News, Updates & Announcement

  • News icon
    Srestha Finvest: Outcome of board meeting.

    The Board of Directors of the Company at its meeting held on 18th April,2017 has decided to publish the Audited Results for the Quarter/year ended 31t March 2017 on or before May 30th 2017..

    18 Apr 2017 Moneycontrol

Frequently asked questions

  • Srestha Finvest Limited was incorporated on 22 Jul 1985.

  • The authorized share capital of Srestha Finvest Limited is ₹ 367.00 Cr and paid-up capital is ₹ 164.00 Cr.

  • Currently 7 directors are associated with Srestha Finvest Limited.

    • Sitaben S Patel
    • Sunil Bhandari
    • Umeshbhai Hirjibhai Padariya
    • Mayurdwajsinh Sahadevsinh Rana
    • Sahadevsinh Babubha Rana
    • A J Kumar
    • Sunil Bhandari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Srestha Finvest Limited is Door No.19 20, General Muthiah Mudali Street Sowcarpet India, Chennai, Tamil Nadu, 600003.

  • The corporate identification number (CIN) of Srestha Finvest Limited is L65993TN1985PLC012047 and the company number is 012047 as per Ministry of Corporate Affairs (MCA).

  • Yes, Srestha Finvest Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Srestha Finvest Limited is https://www.srestha.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Srestha Finvest Limited has fallen by -51.23%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Srestha Finvest Limited has experienced an downturn of -0.29%.

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

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