Svatantra Micro Housing Finance Corporation Limited

Provides housing finance and top-up loans in six states, founded in 2008.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Svatantra Micro Housing Finance Corporation Profile

Key Indicators

  • Authorised Capital ₹ 125.00 Cr
  • Paid Up Capital ₹ 74.73 Cr
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3,221.10 Cr
  • Satisfied Charges ₹ 525.30 Cr
  • Revenue Growth 56.68%
  • Profit Growth 118.58%
  • Ebitda 53.57%
  • Net Worth 47.87%
  • Total Assets 37.91%

About Svatantra Micro Housing Finance Corporation

Svatantra Micro Housing Finance Corporation Limited (SMHFCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 May 2008 and has a history of 16 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Micro Housing Finance Corporation 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 125.00 Cr and a paid-up capital of Rs 74.73 Cr.

The company currently has active open charges totaling ₹3,221.10 Cr. The company has closed loans amounting to ₹525.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Svatantra Micro Housing Finance Corporation Limited India are Jayesh Shah as Ceo, Tasneem Mandsorwala as Company Secretary, Nitesh Amarnani as Cfo, and One other members. Anil Chirania, Jayesh Shah, and Ananyashree Birla serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    svatantramhfc.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U67190MH2008PLC182274

  • Company No.

    182274

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 May 2008

  • Date of AGM

    31 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Svatantra Micro Housing Finance Corporation?

Executive Team (4)

NameDesignationAppointment DateStatus
Jayesh Shah CEO30-Jun-2023Current
Tasneem Mandsorwala Company Secretary24-Dec-2018Current
Nitesh Amarnani CFO16-Aug-2024Current
Tasneem Rangwala Company Secretary24-Dec-2018Current

Board Members (3)

NameDesignationAppointment DateStatus
Jayesh Shah Country flag representing In Whole-Time Director 07-Mar-2024Current
Anil Chirania Country flag representing In Director 15-Sep-2018Current
Ananyashree Birla Country flag representing In Director 15-Sep-2018Current

Financial Performance of Svatantra Micro Housing Finance Corporation.

Svatantra Micro Housing Finance Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.68% increase. The company also saw a substantial improvement in profitability, with a 118.58% increase in profit. The company's net worth Soared by an impressive increase of 47.87%.

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
56.68%
Revenue from Operations
57.54%
Total Assets
37.91%
Profit or Loss
118.58%
Net Worth
47.87%
EBITDA
53.57%

What is the Ownership and Shareholding Structure of Svatantra Micro Housing Finance Corporation?

In 2023, Svatantra Micro Housing Finance Corporation had a promoter 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

₹3,221.10 Cr

Satisfied Charges

₹525.30 Cr

Charges Breakdown by Lending Institutions

  • Others : 2025.00 Cr
  • Axis Bank Limited : 225.00 Cr
  • Hdfc Bank Limited : 218.00 Cr
  • Idbi Bank Limited : 125.00 Cr
  • Yes Bank Limited : 125.00 Cr
  • Others : 503.10 Cr

Latest Charge Details

DateLenderAmountStatus
03 Sep 2024Others₹130.00 CrOpen
28 Jun 2024Others₹100.00 CrOpen
25 Jun 2024Axis Bank Limited₹100.00 CrOpen
10 Jun 2024Others₹80.00 CrOpen
25 Apr 2024Others₹16.00 CrOpen

How Many Employees Work at Svatantra Micro Housing Finance Corporation?

Svatantra Micro Housing Finance Corporation has a workforce of 925 employees as of Mar 27, 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 Svatantra Micro Housing Finance Corporation, 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 Svatantra Micro Housing Finance Corporation'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 Svatantra Micro Housing Finance Corporation

Recent activity within the organization

  • Charges

    A charge registered on 27 Nov 2020 via Charge ID 100396925 with Others was fully satisfied on 08 Oct 2024.

    08 Oct 2024

  • Charges

    A charge registered on 22 Mar 2017 via Charge ID 100092197 with Others was fully satisfied on 04 Oct 2024.

    04 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 130.00 Cr with Charge ID 100975855 was registered on 03 Sep 2024.

    03 Sep 2024

  • Annual General Meeting

    Svatantra Micro Housing Finance Corporation Limited last Annual general meeting of members was held on 31 Aug 2024 as per latest MCA records.

    31 Aug 2024

  • Director Appointment

    Nitesh Chetan Amarnani was appointed as a Cfo was appointed as a Cfo on 16 Aug 2024 & has been associated with this company since 6 months 8 days .

    16 Aug 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 53.10 Cr registered on 17 Oct 2017 with Charge ID 100135238 was modified on 11 Jul 2024.

    11 Jul 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Svatantra Micro Housing Finance Corporation Limited was incorporated on 16 May 2008.

  • The authorized share capital of Svatantra Micro Housing Finance Corporation Limited is ₹ 125.00 Cr and paid-up capital is ₹ 74.73 Cr.

  • Currently 7 directors are associated with Svatantra Micro Housing Finance Corporation Limited.

    • Anil Chirania
    • Jayesh Navin Shah
    • Ananyashree Birla
    • Jayesh Navin Shah
    • Tasneem Yusuf Mandsorwala
    • Nitesh Chetan Amarnani
    • Tasneem Zohar Rangwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Svatantra Micro Housing Finance Corporation Limited is Office No 1 2 3 4 Ground Floor Pushpak Chsl Malaviya Road, Vile Parle (East) India, Mumbai, Maharashtra, 400057.

  • The corporate identification number (CIN) of Svatantra Micro Housing Finance Corporation Limited is U67190MH2008PLC182274 and the company number is 182274 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Svatantra Micro Housing Finance Corporation Limited is https://www.svatantramhfc.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Svatantra Micro Housing Finance Corporation Limited has risen by 56.68%.

  • As Per 2023 financial reports, 925 employees are currently employed by Svatantra Micro Housing Finance Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Svatantra Micro Housing Finance Corporation Limited has experienced an upsurge of 47.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Svatantra Micro Housing Finance Corporation Limited amount to ₹ 3,221.10 Cr.

  • The most recent Balance Sheet for Svatantra Micro Housing Finance Corporation Limited was filed with the ROC on 31 Mar 2024.

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