South Indian Credits Limited

Provides various financial services including loans and insurance since 1948.

1948 | Thrissur, Kerala (India) | Active
Last Updated:

South Indian Credits Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 7.00 Cr
  • Company Age 76 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.50 Cr
  • Revenue Growth 202.38%
  • Profit Growth 213.34%
  • Ebitda 2732.18%
  • Net Worth 14.44%
  • Total Assets 61.31%

About South Indian Credits

South Indian Credits Limited (SICL) was founded in India on 26 July 1948 and has a glorious history of 76 years and nine months. Its registered office is in Thrissur, Kerala, India.

The Corporate was formerly known as The South Indian Trading Syndicate (Kottapadi) Pvt Ltd. 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 15.00 Cr and a paid-up capital of Rs 7.00 Cr.

The company currently has active open charges totaling ₹5.50 Cr.

Anish Vijayan, Blessy Xavier, Elby Thomson, and One other member serve as directors at the Company.

Company Details

  • Location

    Thrissur, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909KL1948PLC001645

  • Company No.

    001645

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 1948

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services
Company report

South Indian Credits Limited

Explore comprehensive data for South Indian Credits Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at South Indian Credits?

Executive Team (1)

NameDesignationAppointment DateStatus
Elby Thomson Country flag representing In Managing Director04-May-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Anish Vijayan Country flag representing In Director 08-Sep-2020Current
Blessy Xavier Country flag representing In Director 12-Oct-2021Current
Rajan Xavier Country flag representing In Director 04-May-2023Current

Financial Performance of South Indian Credits.

South Indian Credits Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 202.38% increase. The company also saw a substantial improvement in profitability, with a 213.34% increase in profit. The company's net worth Soared by an impressive increase of 14.44%.

South Indian Credits revenue growth over time
South Indian 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
202.38%
Revenue from Operations
278.78%
Total Assets
61.31%
Profit or Loss
213.34%
Net Worth
14.44%
EBITDA
2732.18%

What is the Ownership and Shareholding Structure of South Indian Credits?

In 2023, South Indian Credits had a promoter holding of 65.22% and a public holding of 34.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.50 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jul 2023Others₹1.00 CrOpen
10 Oct 2022Others₹1.50 CrOpen
28 Jun 2022Others₹1.00 CrOpen
28 Mar 2022Others₹1.00 CrOpen
18 Feb 2022Others₹1.00 CrOpen

How Many Employees Work at South Indian Credits?

South Indian Credits has a workforce of 30 employees as of Apr 05, 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.

Employee growth trends for South Indian Credits Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of South Indian 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 South Indian 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 South Indian Credits

Recent activity within the organization

  • Annual General Meeting

    South Indian Credits Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100770555 was registered on 21 Jul 2023.

  • Director Appointment

    Elby Thomson was appointed as a Managing Director was appointed as a Managing Director on 04 May 2023 & has been associated with this company since 2 years 13 days .

  • Director Appointment

    Rajan Konnackal Xavier was appointed as a Director was appointed as a Director on 04 May 2023 & has been associated with this company since 2 years 13 days .

  • Balance Sheet

    South Indian Credits Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

  • Charges

    A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100642107 was registered on 10 Oct 2022.

Frequently asked questions

  • What is the Incorporation or founding date of South Indian Credits Limited?

    South Indian Credits Limited was incorporated on 26 Jul 1948.

  • What is authorized share capital and paid-up capital of South Indian Credits Limited?

    The authorized share capital of South Indian Credits Limited is ₹ 15.00 Cr and paid-up capital is ₹ 7.00 Cr.

  • Who are the current board members & directors of South Indian Credits Limited?

    Currently 4 directors are associated with South Indian Credits Limited.

    • Anish Vijayan
    • Blessy Hebzeba Varghese Xavier
    • Elby Thomson
    • Rajan Konnackal Xavier

  • What is the registered address of South Indian Credits Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of South Indian Credits Limited is Door No. 5/1098/3 Q-Beez Arcade, Opposite Nithya Sahayamatha Church Viyyur, Thrissur, Kerala, India, 680010.

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

    The corporate identification number (CIN) of South Indian Credits Limited is U51909KL1948PLC001645 and the company number is 001645 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of South Indian Credits Limited?

    The Official website of South Indian Credits Limited is https://www.southindiancredits.com

  • What has been the recent revenue trend for South Indian Credits Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for South Indian Credits Limited has risen by 202.38%.

  • How many employees does South Indian Credits Limited currently have?

    As Per 2023 financial reports, 30 employees are currently employed by South Indian Credits Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of South Indian Credits Limited has experienced an upsurge of 14.44%.

  • What are the total open charges for South Indian Credits Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for South Indian Credits Limited amount to ₹ 5.50 Cr.

  • When was the last Balance Sheet of South Indian Credits Limited filed with the ROC?

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

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