Sanmitra Credits Limited
About Sanmitra Credits Limited
Data last updated:
Sanmitra Credits Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 19 March 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1991PLC011783.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Udyavara Balarama Maiya and Muralidhar Raghavendra Tantry.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.176 Sampige Road 10th Cross Maleshwaram Bangalore, Karnataka, India – 560003.
Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sanmitra Credits has one previous CIN (Corporate Identification Number): U65921KA1991PLC011783. The current CIN is U85110KA1991PLC011783, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1991PLC011783 | Current |
| U65921KA1991PLC011783 | Previous |
Contact details
Sanmitra Credits Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.176 Sampige Road 10th Cross Maleshwaram Bangalore, Karnataka, India – 560003
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Sanmitra Credits Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Sanmitra Credits is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
Financials of Sanmitra Credits Limited
FY 2019 filings availableSanmitra Credits Limited reported revenue of ₹600 (down 20% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years, including a 20% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Sanmitra Credits Limited, buy the company report.
Board of directors of Sanmitra Credits Limited
Sanmitra Credits has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Udyavara Balarama Maiya Also directs: Sanmitra Securities Private Limited, Sanmitra Shares & Services Private Limited, Sanmitra Holdings Private Limited and 1 more | Director | 19 Mar 1991 | 35 Years 7 Months | Current |
| Muralidhar Raghavendra Tantry | Director | 10 Dec 2008 | 17 Years 11 Months | Current |
| Ramachandra Subramanya | Director | 02 Nov 2002 | 24 Years 0 Months | Current |
Auditor
Sanmitra Credits Limited is audited by V M PAL & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V M PAL & CO | FY 2017 | 009075S |
Shareholding
The shareholding of Sanmitra Credits Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sanmitra Credits Limited, buy the company report.
Legal cases
Sanmitra Credits Limited has 11 court cases on record: 5 filed by Sanmitra Credits, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 4 | 0 |
| High courts | 4 | 2 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Manager Lord Krishna Bank Limited and 1 other | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against Indiana Dairy Specialities Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Ramya Housing Ltd. and 1 other | Disposed |
| High Court of Karnataka | Court case (CRL.RP) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by The Commissioner of Income Tax | Disposed |
To see the full case history of Sanmitra Credits Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sanmitra Credits Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sanmitra Credits Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sanmitra Credits Limited has 5 board changes on record since 1991: 3 appointments and 2 cessations. The latest: Muralidhar Raghavendra Tantry ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
Sanmitra Credits is an active public limited company based in Bangalore, Karnataka, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 19 March 1991 (35+ years old) and is registered under CIN U85110KA1991PLC011783.
Sanmitra Credits has 3 current directors:
- Udyavara Balarama Maiya - Director
- Muralidhar Raghavendra Tantry - Director
- Ramachandra Subramanya - Director
The latest financial statements of Sanmitra Credits on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sanmitra Credits is U85110KA1991PLC011783. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sanmitra Credits has 11 court cases on record: 5 filed by the company and 6 filed against it. Most are in the district courts.
Sanmitra Credits was incorporated on 19 March 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.
Muralidhar Raghavendra Tantry ceased to be Additional Director on 30 Sep 2015. Asha Maiya ceased to be Director on 29 Jan 2009. Muralidhar Raghavendra Tantry was appointed as Director on 10 Dec 2008. Sanmitra Credits has 5 board changes on record in total.
The registered office of Sanmitra Credits is at No.176 Sampige Road 10th Cross Maleshwaram Bangalore, Karnataka, India – 560003.
Sanmitra Credits operates in the financial services industry, in the equipment leasing and financing segment.
The compliance status of Sanmitra Credits is compliant as of 22 August 2026. The company is actively filing with the Registrar of Companies.
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