Srng Finance Private Limited

Financial services company offering loans and registered with RBI, established in 2017 in Jaipur.

2017 | Jaipur, Rajasthan (India) | Active
Last Updated: July 04, 2024

Srng Finance Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 4.40 Cr
  • Company Age 7 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.51 Cr
  • Satisfied Charges ₹ 4.13 Cr
  • Revenue Growth 27.73%
  • Profit Growth -29.83%
  • Ebitda 19.05%
  • Net Worth 6.72%
  • Total Assets 42.26%

About Srng Finance

Srng Finance Private Limited (SFPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 May 2017 (Seven years and eight months 9 days old ). Its registered office is in Jaipur, Rajasthan, 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 5.50 Cr and a paid-up capital of Rs 4.40 Cr.

The company currently has active open charges totaling ₹17.51 Cr. The company has closed loans amounting to ₹4.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

Parul Gupta, Hemendra Nainwaya, and Shipra Goyal serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65991RJ2017PTC058128

  • Company No.

    058128

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 May 2017

  • Date of AGM

    31 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Financial Services

Who are the key members and board of directors at Srng Finance?

Board Members (3)

Name Designation Appointment Date Status
Parul Gupta Country flag representing In Director 03-Oct-2019 Current
Hemendra Nainwaya Country flag representing In Director 26-May-2017 Current
Shipra Goyal Country flag representing In Director 26-May-2017 Current

Financial Performance of Srng Finance.

Srng Finance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.73% increase. The company also saw a substantial fall in profitability, with a 29.83% decrease in profit. The company's net worth moved up by a moderate rise of 6.72%.

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
27.73%
Revenue from Operations
25.45%
Total Assets
42.26%
Profit or Loss
-29.83%
Net Worth
6.72%
EBITDA
19.05%

What is the Ownership and Shareholding Structure of Srng Finance?

In 2023, Srng Finance had a promoter holding of 38.76% and a public holding of 61.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.51 Cr

Satisfied Charges

₹4.13 Cr

Charges Breakdown by Lending Institutions

  • Others : 11.50 Cr
  • State Bank Of India : 6.00 Cr
  • Hdfc Bank Limited : 0.01 Cr

Latest Charge Details

Date Lender Amount Status
17 Jan 2024 Others ₹2.00 Cr Open
24 Nov 2023 Hdfc Bank Limited ₹0.12 M Open
20 Oct 2023 Others ₹1.00 Cr Open
30 Nov 2022 State Bank Of India ₹6.00 Cr Open
22 Aug 2022 Others ₹1.00 Cr Open

How Many Employees Work at Srng Finance?

Srng Finance has a workforce of 44 employees as of Apr 09, 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 Srng Finance, 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 Srng Finance'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 Srng Finance

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100855493 was registered on 17 Jan 2024.

    17 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.01 Cr with Charge ID 100858163 was registered on 24 Nov 2023.

    24 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100821310 was registered on 20 Oct 2023.

    20 Oct 2023

  • Charges

    A charge registered on 15 Jul 2020 via Charge ID 100354884 with Others was fully satisfied on 14 Sep 2023.

    14 Sep 2023

  • Annual General Meeting

    Srng Finance Private Limited last Annual general meeting of members was held on 31 Aug 2023 as per latest MCA records.

    31 Aug 2023

  • Charges

    A charge with Others of Rs. 4.00 Cr registered on 28 Nov 2019 with Charge ID 100310923 was modified on 28 Apr 2023.

    28 Apr 2023

Frequently asked questions

  • Srng Finance Private Limited was incorporated on 26 May 2017.

  • The authorized share capital of Srng Finance Private Limited is ₹ 5.50 Cr and paid-up capital is ₹ 4.40 Cr.

  • Currently 3 directors are associated with Srng Finance Private Limited.

    • Parul Gupta
    • Hemendra Nainwaya
    • Shipra Rupramka Goyal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Srng Finance Private Limited is C-94 Lal Kothi Scheme, Jaipur, Rajasthan, India, 302015.

  • The corporate identification number (CIN) of Srng Finance Private Limited is U65991RJ2017PTC058128 and the company number is 058128 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Srng Finance Private Limited is https://www.srngfin.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Srng Finance Private Limited has risen by 27.73%.

  • As Per 2023 financial reports, 44 employees are currently employed by Srng Finance Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Srng Finance Private Limited has experienced an upsurge of 6.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Srng Finance Private Limited amount to ₹ 17.51 Cr.

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

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