Swarnodhayam Credits Private Limited

NBFC providing microfinance loans to women for income generation through joint liability groups.

1991 | Trichy, Tamil Nadu (India) | Active
Last Updated:

Swarnodhayam Credits Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.24 Cr
  • Company Age 33 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 65.84 Cr
  • Satisfied Charges ₹ 49.70 Cr
  • Revenue Growth 84.37%
  • Profit Growth 123.78%
  • Ebitda 356.13%
  • Net Worth 12.69%
  • Total Assets 66.57%

About Swarnodhayam Credits

Swarnodhayam Credits Private Limited (SCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 August 1991 and has a history of 33 years and six months. Its registered office is in Trichy, Tamil Nadu, India.

The Corporate was formerly known as Pallava Credits 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.24 Cr.

The company currently has active open charges totaling ₹65.84 Cr. The company has closed loans amounting to ₹49.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sathiyanathan Devaraj, Satish Devaraj, and Lewis Crispu serve as directors at the Company.

Company Details

  • Location

    Trichy, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    swarnodhayam.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921TN1991PTC021275

  • Company No.

    021275

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 1991

  • Date of AGM

    09 Sep 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 Swarnodhayam Credits?

Executive Team (1)

NameDesignationAppointment DateStatus
Satish Devaraj Country flag representing In Managing Director07-Sep-2011Current

Board Members (2)

NameDesignationAppointment DateStatus
Sathiyanathan Devaraj Country flag representing In Director 11-Sep-2009Current
Lewis Crispu Country flag representing In Director 30-Sep-2022Current

Financial Performance of Swarnodhayam Credits.

Swarnodhayam Credits Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 84.37% increase. The company also saw a substantial improvement in profitability, with a 123.78% increase in profit. The company's net worth Soared by an impressive increase of 12.69%.

Swarnodhayam Credits revenue growth over time
Swarnodhayam Credits 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
84.37%
Revenue from Operations
98.20%
Total Assets
66.57%
Profit or Loss
123.78%
Net Worth
12.69%
EBITDA
356.13%

What is the Ownership and Shareholding Structure of Swarnodhayam Credits?

In 2023, Swarnodhayam Credits had a promoter holding of 65.73% and a public holding of 34.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹65.84 Cr

Satisfied Charges

₹49.70 Cr

Charges Breakdown by Lending Institutions

  • Others : 34.00 Cr
  • State Bank Of India : 20.84 Cr
  • Tamilnad Mercantile Bank Limited : 5.00 Cr
  • The South Indian Bank Limited : 5.00 Cr
  • Dhanlaxmi Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Mar 2024Others₹5.00 MOpen
20 Mar 2024Others₹3.00 CrOpen
19 Mar 2024Others₹3.00 CrOpen
18 Mar 2024Others₹5.00 MOpen
29 Feb 2024Others₹3.00 CrOpen

How Many Employees Work at Swarnodhayam Credits?

Unlock and access historical data on people associated with Swarnodhayam Credits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Swarnodhayam Credits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Swarnodhayam Credits, 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 Swarnodhayam Credits'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 Swarnodhayam Credits

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100887414 was registered on 25 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100886864 was registered on 20 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100885876 was registered on 19 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100899213 was registered on 18 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100876822 was registered on 29 Feb 2024.

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100868708 was registered on 21 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Swarnodhayam Credits Private Limited?

    Swarnodhayam Credits Private Limited was incorporated on 19 Aug 1991.

  • What is authorized share capital and paid-up capital of Swarnodhayam Credits Private Limited?

    The authorized share capital of Swarnodhayam Credits Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.24 Cr.

  • Who are the current board members & directors of Swarnodhayam Credits Private Limited?

    Currently 3 directors are associated with Swarnodhayam Credits Private Limited.

    • Sathiyanathan Devaraj
    • Satish Devaraj
    • Lewis Crispu

  • What is the registered address of Swarnodhayam Credits Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Swarnodhayam Credits Private Limited is Paripoorna Towers No:9 Manoranjitham Street Annamalai Nagar, Trichy, Tamil Nadu, India, 620018.

  • What is the corporate identification number (CIN) and company number of Swarnodhayam Credits Private Limited?

    The corporate identification number (CIN) of Swarnodhayam Credits Private Limited is U65921TN1991PTC021275 and the company number is 021275 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Swarnodhayam Credits Private Limited?

    The Official website of Swarnodhayam Credits Private Limited is https://www.swarnodhayam.com

  • What has been the recent revenue trend for Swarnodhayam Credits Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Swarnodhayam Credits Private Limited has risen by 84.37%.

  • What change has been observed in the net worth of Swarnodhayam Credits Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Swarnodhayam Credits Private Limited has experienced an upsurge of 12.69%.

  • What are the total open charges for Swarnodhayam Credits Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Swarnodhayam Credits Private Limited amount to ₹ 65.84 Cr.

  • When was the last Balance Sheet of Swarnodhayam Credits Private Limited filed with the ROC?

    The most recent Balance Sheet for Swarnodhayam Credits Private Limited was filed with the ROC on 31 Mar 2023.

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