Srinidhi Credit Private Limited

Provides secured corporate lending and loan against property services as a registered NBFC.

2016 | Mylapore, Tamil Nadu (India) | Active
Last Updated: July 17, 2024

Srinidhi Credit Profile

Key Indicators

  • Authorised Capital ₹ 55.00 Cr
  • Paid Up Capital ₹ 43.95 Cr
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 96.98 Cr
  • Satisfied Charges ₹ 32.57 Cr
  • Revenue Growth 11.22%
  • Profit Growth 7.88%
  • Ebitda 11.00%
  • Net Worth 39.46%
  • Total Assets 57.23%

About Srinidhi Credit

Srinidhi Credit Private Limited (SCPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 June 2016 (Eight years and seven months 16 days old ). Its registered office is in Mylapore, 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 2023. It's a company limited by shares with an authorized capital of Rs 55.00 Cr and a paid-up capital of Rs 43.95 Cr.

The company currently has active open charges totaling ₹96.98 Cr. The company has closed loans amounting to ₹32.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Srinidhi Credit Private Limited India is Khemsingh Mohta as COMPANY SECRETARY. Tejeswini Rao, Khemsingh Mohta, Ramaswamy Venkataramanan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mylapore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65920TN2016PTC110932

  • Company No.

    110932

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 2016

  • Date of AGM

    17 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Srinidhi Credit?

Executive Team (1)

NameDesignationAppointment DateStatus
Khemsingh Mohta Country flag representing In Company Secretary13-Aug-2019Current

Board Members (4)

NameDesignationAppointment DateStatus
Tejeswini Rao Country flag representing In Additional Director 17-Jun-2023Current
Ramaswamy Venkataramanan Country flag representing In Director 16-Jun-2016Current
Padmanabh Maydeo Country flag representing In Director 09-Mar-2023Current
Venkateswaran Lakshmanan Country flag representing In Director 11-Feb-2019Current

Financial Performance of Srinidhi Credit.

Srinidhi Credit Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.22% increase. The company also saw a slight improvement in profitability, with a 7.88% increase in profit. The company's net worth Soared by an impressive increase of 39.46%.

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
11.22%
Revenue from Operations
11.55%
Total Assets
57.23%
Profit or Loss
7.88%
Net Worth
39.46%
EBITDA
11.00%

What is the Ownership and Shareholding Structure of Srinidhi Credit?

In 2023, Srinidhi Credit had a promoter holding of 72.33% and a public holding of 27.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹96.98 Cr

Satisfied Charges

₹32.57 Cr

Charges Breakdown by Lending Institutions

  • Others : 76.98 Cr
  • City Union Bank Limited : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jun 2022City Union Bank Limited₹20.00 CrOpen
19 Feb 2021Others₹70.88 CrOpen
31 Dec 2020Others₹6.10 CrOpen
20 Mar 2020Others₹8.99 CrSatisfied
10 Oct 2019Others₹23.58 CrSatisfied

How Many Employees Work at Srinidhi Credit?

Unlock and access historical data on people associated with Srinidhi Credit, 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 Srinidhi Credit, 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 Srinidhi Credit'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 Srinidhi Credit

Recent activity within the organization

  • Charges

    A charge with City Union Bank Limited of Rs. 20.00 Cr registered on 10 Jun 2022 with Charge ID 100589077 was modified on 09 Feb 2024.

    09 Feb 2024

  • Charges

    A charge with Others of Rs. 70.88 Cr registered on 19 Feb 2021 with Charge ID 100433593 was modified on 08 Dec 2023.

    08 Dec 2023

  • Charges

    A charge with Others of Rs. 6.10 Cr registered on 31 Dec 2020 with Charge ID 100417000 was modified on 16 Oct 2023.

    16 Oct 2023

  • Director Appointment

    Khemsingh Mohta Neha Mohta was appointed as a Additional Director was appointed as a Additional Director on 29 Aug 2023 & has been associated with this company since 1 year 5 months .

    29 Aug 2023

  • Annual General Meeting

    Srinidhi Credit Private Limited last Annual general meeting of members was held on 17 Jul 2023 as per latest MCA records.

    17 Jul 2023

  • Director Appointment

    Tejeswini Rao was appointed as a Additional Director was appointed as a Additional Director on 17 Jun 2023 & has been associated with this company since 1 year 7 months .

    17 Jun 2023

Frequently asked questions

  • Srinidhi Credit Private Limited was incorporated on 16 Jun 2016.

  • The authorized share capital of Srinidhi Credit Private Limited is ₹ 55.00 Cr and paid-up capital is ₹ 43.95 Cr.

  • Currently 6 directors are associated with Srinidhi Credit Private Limited.

    • Khemsingh Mohta Neha Mohta
    • Tejeswini Rao
    • Khemsingh Mohta Neha Mohta
    • Ramaswamy Venkataramanan
    • Padmanabh Maydeo
    • Venkateswaran Tenkarai Lakshmanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Srinidhi Credit Private Limited is New No-17 Old No-4 Krishnaswamy Avenue, Mylapore, Tamil Nadu, India, 600004.

  • The corporate identification number (CIN) of Srinidhi Credit Private Limited is U65920TN2016PTC110932 and the company number is 110932 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Srinidhi Credit Private Limited is https://www.srinidhicredit.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Srinidhi Credit Private Limited has risen by 11.22%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Srinidhi Credit Private Limited has experienced an upsurge of 39.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Srinidhi Credit Private Limited amount to ₹ 96.98 Cr.

  • The most recent Balance Sheet for Srinidhi Credit Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on NBFC