Sundaram Alternate Assets Profile
Key Indicators
- Authorised Capital ₹ 290.00 Cr
- Paid Up Capital ₹ 39.05 Cr
- Company Age 7 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 25.00 Cr
- Satisfied Charges ₹ 30.00 Cr
- Revenue Growth 11.78%
- Profit Growth -16.91%
- Ebitda -14.01%
- Net Worth 0.95%
- Total Assets 21.49%
About Sundaram Alternate Assets
Sundaram Alternate Assets Limited (SAAL) is a Public Limited Indian Non-Government Company incorporated in India on 24 January 2018 (Seven years and two months 5 days old ). 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 290.00 Cr and a paid-up capital of Rs 39.05 Cr.
The company currently has active open charges totaling ₹25.00 Cr. The company has closed loans amounting to ₹30.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sundaram Alternate Assets Limited India is Kannan Rajagopal as COMPANY SECRETARY. Arvind Sethi, Harsha Viji, Karthik Athreya, and Two other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65990TN2018PLC120641
- Company No.
120641
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Jan 2018
- Date of AGM
25 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 Sundaram Alternate Assets?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikaas Mohan  | Managing Director | 10-Oct-2022 | Current |
| Kannan Rajagopal | Company Secretary | 21-Dec-2018 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Lakshminarayanan Duraiswamy | Director | 24-Jan-2018 | Current |
| Karthik Athreya | Director | 02-Feb-2018 | Current |
| Arvind Sethi | Director | 02-Feb-2018 | Current |
| Harsha Viji | Director | 24-Jan-2018 | Current |
Financial Performance of Sundaram Alternate Assets.
Sundaram Alternate Assets Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.78% increase. The company also saw a substantial fall in profitability, with a 16.91% decrease in profit. The company's net worth moved up by a moderate rise of 0.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sundaram Alternate Assets?
In 2023, Sundaram Alternate Assets had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Old World Hospitality Private LimitedArvind Sethi is a mutual person
Sundaram Asset Management Company LimitedArvind Sethi, Harsha Viji and 1 more are mutual person
Sundaram Home Finance LimitedHarsha Viji and Lakshminarayanan Duraiswamy are mutual person
Sundaram Finance Holdings LimitedHarsha Viji is a mutual person
- Sundaram Finance Limited
Harsha Viji is a mutual person
Royal Sundaram General Insurance Co. LimitedHarsha Viji is a mutual person
Charges (Loans)
Open Charges
₹25.00 Cr
Satisfied Charges
₹30.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2023 | Hdfc Bank Limited | ₹25.00 Cr | Open |
| 02 Apr 2019 | Hdfc Bank Limited | ₹30.00 Cr | Satisfied |
How Many Employees Work at Sundaram Alternate Assets?
Sundaram Alternate Assets has a workforce of 52 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sundaram Alternate Assets, 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 Sundaram Alternate Assets's trajectory.
Rating
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
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 Sundaram Alternate Assets
Recent activity within the organization
- Annual General Meeting
Sundaram Alternate Assets Limited last Annual general meeting of members was held on 25 Jun 2024 as per latest MCA records.
- Balance Sheet
Sundaram Alternate Assets Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100729190 was registered on 12 Jun 2023.
- Director Appointment
Vikaas Sachdeva Mohan was appointed as a Managing Director was appointed as a Managing Director on 10 Oct 2022 & has been associated with this company since 2 years 5 months .
- Charges
A charge registered on 02 Apr 2019 via Charge ID 100254609 with Hdfc Bank Limited was fully satisfied on 27 May 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100254609 was registered on 02 Apr 2019.
Recent News, Updates & Announcement
- Sundaram Alternates plans to raise up to Rs 1,500 cr through realty private credit fund.
Sundaram Alternates Assets, a subsidiary of the Sundaram Group, is planning to raise up to ₹1,500 crore through its fourth real estate private credit fund, the Private Credit High Yield Real Estate Fund IV (RE Credit Fund IV) that will focus on investments in growth and special situation opportunities..
Frequently asked questions
What is the Incorporation or founding date of Sundaram Alternate Assets Limited?
Sundaram Alternate Assets Limited was incorporated on 24 Jan 2018.
What is authorized share capital and paid-up capital of Sundaram Alternate Assets Limited?
The authorized share capital of Sundaram Alternate Assets Limited is ₹ 290.00 Cr and paid-up capital is ₹ 39.05 Cr.
Who are the current board members & directors of Sundaram Alternate Assets Limited?
Currently 6 directors are associated with Sundaram Alternate Assets Limited.
- Arvind Sethi
- Harsha Viji
- Karthik Balachandran Athreya
- Vikaas Sachdeva Mohan
- Lakshminarayanan Duraiswamy
- Kannan Rajagopal
What is the registered address of Sundaram Alternate Assets Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sundaram Alternate Assets Limited is No .21 Patullos Road India, Chennai, Tamil Nadu, 600002.
What is the corporate identification number (CIN) and company number of Sundaram Alternate Assets Limited?
The corporate identification number (CIN) of Sundaram Alternate Assets Limited is U65990TN2018PLC120641 and the company number is 120641 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sundaram Alternate Assets Limited?
The Official website of Sundaram Alternate Assets Limited is https://www.sundaramalternates.com
What has been the recent revenue trend for Sundaram Alternate Assets Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sundaram Alternate Assets Limited has risen by 11.78%.
How many employees does Sundaram Alternate Assets Limited currently have?
As Per 2023 financial reports, 52 employees are currently employed by Sundaram Alternate Assets Limited.
What change has been observed in the net worth of Sundaram Alternate Assets Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sundaram Alternate Assets Limited has experienced an upsurge of 0.95%.
What are the total open charges for Sundaram Alternate Assets Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sundaram Alternate Assets Limited amount to ₹ 25.00 Cr.
When was the last Balance Sheet of Sundaram Alternate Assets Limited filed with the ROC?
The most recent Balance Sheet for Sundaram Alternate Assets Limited was filed with the ROC on 31 Mar 2024.
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