About Equitas Holdings Limited
Data last updated: 30 July 2025
Equitas Holdings Limited was a public limited company based in Chennai, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in core investment companies, a part of the broader financial services sector. Incorporated on 22 June 2007.
Registered with ROC Chennai under CIN L65100TN2007PLC064069. Listed on BSE: 539844 and NSE: EQUITAS.
Capital: an authorised share capital of ₹450 Cr and a paid-up capital of ₹341.79 Cr. Formerly known as Updb Micro Finance Private Limited and Equitas Holdings Private Limited. It was led by directors including Bhaskar Srinivasan and Arun Ramanathan.
Last AGM: 10 August 2022. Financial statements filed for year ended 31 March 2022. Office: Chennai, Tamil Nadu.
As per the financials filed for FY 2022, the company reported a revenue of ₹19.22 Cr, a decline of 89.18% compared to the previous year.
The company had a reported workforce of approximately 5 employees prior to being dissolved. Its group structure included 2 subsidiaries.
The company was associated with 3 brands - Equitas Housing Finance, Sringeri Saradha Equitas Multi-Speciality Hospital, Wowtruck. As per MCA filings, the company had satisfied charges of ₹1,431.4 Cr on record.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is equitas.in.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered Address410A 4Th Floor Spencer Plaza Phase Ii No.769 Mount Road, Anna Salai India, Chennai, Tamil Nadu, India – 600002
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IndustryFinancial Services, Core Investment Companies, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Equitas Holdings Limited
Equitas Holdings Limited has undergone 3 name changes throughout its history. The company was previously known as Updb Micro Finance Private Limited, Equitas Holdings Private Limited, and Equitas Micro Finance India Private Limited. The current legal name is Equitas Holdings Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Equitas Holdings Limited | Current |
| Updb Micro Finance Private Limited | Previous |
| Equitas Holdings Private Limited | Previous |
| Equitas Micro Finance India Private Limited | Previous |
CIN History of Equitas Holdings Limited
Equitas Holdings Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65100TN2007PLC064069, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65100TN2007PLC064069 | Current |
| U65100TN2007PTC064069 | Previous |
| U65100TN2007PLC064069 | Previous |
Associated Brands with Equitas Holdings Limited
Equitas Holdings Limited operates multiple associated brands including Equitas Housing Finance, SRINGERI SARADHA EQUITAS MULTI-SPECIALITY HOSPITAL, and WowTruck. These brands represent Equitas Holdings Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Cancer care and multi-specialty medical services in Chennai. | equitashospital.org | |
| GPS-enabled trucks are booked via an online marketplace platform. | wowtruck.in | |
| Offers long-term home loans to support affordable housing solutions. | equitashf.in |
Competitors & Alternatives of Equitas Holdings Limited
Brands and companies operating in the same space as Equitas Holdings Limited include BlackBuck, India Shelter Finance Corporation, HDFC and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
BlackBuck
|
Fleet operators are connected with truckers through a digital marketplace. | Bengaluru, India, India | 2015 |
India Shelter Finance Corporation
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Housing loans are extended to middle-income households in India. | Gurugram, India, India | 2010 |
HDFC
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Provider of housing finance solutions | Mumbai, India, India | 1977 |
Aadhar Housing Finance
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Loans for affordable housing in tier 2,3 and 4 cities | Mumbai, India, India | 2010 |
Shubham
|
Affordable housing finance solutions are provided to underserved individuals. | Gurugram, India, India | 2010 |
InPrime Finserv
|
Financial services are delivered to India's informal economy prime segment. | Bengaluru, India, India | 2021 |
Celcius
|
Cold chain logistics solutions are booked through an online platform. | Navi Mumbai, India, India | 2020 |
Ummeed Housing Finance
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Real estate financing company | Gurugram, India, India | 2016 |
Spandana
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Microfinance and consumer durable loans are provided to rural households. | Hyderabad, India, India | 1998 |
Vahak
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An app-based marketplace is operated for cargo transportation bookings. | Bengaluru, India, India | 2017 |
Business Activity of Equitas Holdings Limited
Equitas Holdings Limited operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| ********* | Financial and insurance Service | ********* | Activities by Trusts, funds and other financial holding companies | ********* |
Auditor Details of Equitas Holdings Limited
Equitas Holdings Limited is audited by T R CHADHA & CO LLP for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T R CHADHA & CO LLP | blur-value | blur-value | blur-value |
Board of Directors of Equitas Holdings Limited
Equitas Holdings Limited is currently managed by 8 directors, with 32 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Bhaskar Srinivasan
Also directs:
Dashboard Account Aggregation Services Private Limited
|
Director | 21 Oct 2016 | 9 Years 8 Months | As last reported |
| Arun Ramanathan | Director | 02 Nov 2011 | 14 Years 8 Months | As last reported |
| Jayshree Ashwinkumar Vyas | Director | 12 Nov 2014 | 11 Years 8 Months | As last reported |
| Jayaraman Chandrasekaran | Director | 02 Aug 2019 | 6 Years 11 Months | As last reported |
| John Alex | Whole-Time Director | 08 Nov 2019 | 6 Years 8 Months | As last reported |
| Rajaraman Papagudi Venkatachalam | Director | 02 Nov 2011 | 14 Years 8 Months | As last reported |
Financials of Equitas Holdings Limited FY 2022 filings available
Equitas Holdings Limited reported revenue of ₹3,977.84 Cr (up 6.5% YoY) for FY 2022. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Revenue from Operations | ₹3,977.84 Cr | ₹3,734.99 Cr | ₹2,890.11 Cr |
| Interest Earned | ₹3,631.31 Cr | ₹3,346.93 Cr | ₹2,775.2 Cr |
| Other Income | ₹67.06 Cr | ₹85.7 Cr | ₹45.79 Cr |
| Total Income | ₹4,044.9 Cr | ₹3,820.69 Cr | ₹2,935.9 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹923.05 Cr | ₹813.86 Cr | ₹725.58 Cr |
| Finance Costs | ₹1,481.01 Cr | ₹1,444.85 Cr | ₹1,190.93 Cr |
| Depreciation & Amortisation | ₹127.19 Cr | ₹127.04 Cr | ₹145.47 Cr |
| Other Expenses | ₹662.39 Cr | ₹391.24 Cr | ₹307.2 Cr |
| Total Expenses | ₹3,694.55 Cr | ₹3,164.6 Cr | ₹2,619.73 Cr |
| Profit Before Exceptional Items & Tax | ₹350.35 Cr | ₹656.09 Cr | ₹316.17 Cr |
| Exceptional Items | -₹61.19 Cr | ₹0 | ₹0 |
| Profit Before Tax | ₹289.16 Cr | ₹656.09 Cr | ₹316.17 Cr |
| Total Tax Expense | ₹85.85 Cr | ₹142.3 Cr | ₹110.17 Cr |
| Net Profit | ₹203.31 Cr | ₹513.8 Cr | ₹206 Cr |
| attributable to Owners | ₹153.19 Cr | ₹473.24 Cr | ₹204.61 Cr |
| attributable to NCI | ₹50.12 Cr | ₹40.55 Cr | ₹1.39 Cr |
| Other Comprehensive Income | -₹2.31 Cr | ₹4 Cr | ₹1.19 Cr |
| Total Comprehensive Income | ₹201 Cr | ₹517.8 Cr | ₹207.19 Cr |
| EBITDA (computed) | ₹1,958.55 Cr | ₹2,227.98 Cr | ₹1,652.57 Cr |
| Basic EPS | ₹5.95 | ₹15.03 | ₹6.03 |
| Diluted EPS | ₹5.95 | ₹15.03 | ₹6.03 |
| Metrics |
|---|
| Metrics | FY 2022 |
|---|---|
| Operating Cash Flow | ₹726.81 Cr |
| Investing Cash Flow | -₹758.99 Cr |
| Financing Cash Flow | -₹1,217.51 Cr |
| Capital Expenditure | ₹92.98 Cr |
| Free Cash Flow (computed) | ₹633.83 Cr |
| Dividends Paid | ₹4 Lakh |
| Net Change in Cash | -₹1,249.69 Cr |
| Segment · FY 2022 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Banking | ₹4,021.66 Cr | ₹355.58 Cr | - | - |
| Others | ₹23.24 Cr | -₹66.42 Cr | - | - |
| Metrics | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Revenue from Operations | ₹19.15 Cr | ₹177.45 Cr | ₹17.6 Cr |
| Interest Earned | ₹16.24 Cr | ₹16.7 Cr | ₹14.83 Cr |
| Other Income | ₹7.5 Lakh | ₹27.57 Lakh | ₹1.46 Cr |
| Total Income | ₹19.22 Cr | ₹177.73 Cr | ₹19.07 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹1.22 Cr | ₹1.25 Cr | ₹1.17 Cr |
| Finance Costs | ₹1.36 Lakh | ₹12.4 Lakh | ₹25.17 Lakh |
| Depreciation & Amortisation | ₹70.76 Lakh | ₹90.8 Lakh | ₹88.74 Lakh |
| Other Expenses | ₹8.76 Cr | ₹5.92 Cr | ₹3.67 Cr |
| Total Expenses | ₹19.05 Cr | ₹8.29 Cr | ₹6.07 Cr |
| Profit Before Exceptional Items & Tax | ₹16.91 Lakh | ₹169.44 Cr | ₹12.99 Cr |
| Exceptional Items | -₹61.19 Cr | ₹0 | ₹0 |
| Profit Before Tax | -₹61.02 Cr | ₹169.44 Cr | ₹12.99 Cr |
| Total Tax Expense | -₹1.76 Cr | ₹22.49 Cr | ₹5.3 Cr |
| Net Profit | -₹59.26 Cr | ₹146.95 Cr | ₹7.69 Cr |
| Other Comprehensive Income | -₹1.71 Lakh | ₹48,000 | -₹65,000 |
| Total Comprehensive Income | -₹59.27 Cr | ₹146.96 Cr | ₹7.69 Cr |
| EBITDA (computed) | ₹89.03 Lakh | ₹170.47 Cr | ₹14.13 Cr |
| Basic EPS | ₹-1.73 | ₹4.30 | ₹0.23 |
| Diluted EPS | ₹-1.73 | ₹4.30 | ₹0.23 |
| Metrics | FY 2020 |
|---|---|
| Equity (Net Worth) | ₹1,739.32 Cr |
| Metrics | FY 2022 |
|---|---|
| Operating Cash Flow | -₹35.41 Cr |
| Investing Cash Flow | ₹43.57 Cr |
| Financing Cash Flow | -₹10.34 Lakh |
| Capital Expenditure | ₹0 |
| Free Cash Flow (computed) | -₹35.41 Cr |
| Dividends Paid | ₹4.1 Lakh |
| Net Change in Cash | ₹8.05 Cr |
Shareholding Pattern of Equitas Holdings Limited
As of FY 2022, Equitas Holdings Limited's shareholding pattern shows 30.79% by domestic institutional investors (DII), 28.58% by foreign institutional investors (FII), 37.88% by public shareholders, 2.74% by others.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Group Structure of Equitas Holdings Limited
Equitas Holdings Limited has 2 subsidiary companies. This group structure data is as of FY 2022. The corporate group structure reflects Equitas Holdings Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Equitas Small Finance Bank Limited | L65191TN1993PLC025280 | - |
| Equitas Technologies Private Limited | U72900TN2015PTC102697 | - |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Equitas Holdings Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jan 2012 | The South Indian Bank Limited | ₹12 Cr | Satisfied |
| 03 Dec 2011 | Syndicate Bank | ₹25 Cr | Satisfied |
| 03 Nov 2011 | Federal Bank Limited | ₹20 Cr | Satisfied |
| 12 Sep 2011 | Axis Bank Ltd | ₹20 Cr | Satisfied |
| 31 May 2011 | Idbi Trusteeship Services Limited | ₹50 Cr | Satisfied |
Total charge records: 60 View all charges
Employees and EPFO Compliance at Equitas Holdings Limited
Equitas Holdings Limited has a workforce of 5 employees as of Apr 06, 2024.
Employee Count & EPFO Data of Equitas Holdings Limited
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GST Compliance of Equitas Holdings Limited
GSTIN & GST Filing Data of Equitas Holdings Limited
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Credit Ratings, Litigation & Regulatory Alerts for Equitas Holdings Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Equitas Holdings Limited
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MSME Payment Delays by Equitas Holdings Limited
MSME Payment Delays by Equitas Holdings Limited
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Subsidiaries & Group Companies of Equitas Holdings Limited
Subsidiaries & Group Companies of Equitas Holdings Limited
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MCA Filings & Documents of Equitas Holdings Limited
MCA Filings & Documents of Equitas Holdings Limited
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Recent Activity on Equitas Holdings Limited
Recent News on Equitas Holdings Limited
Frequently Asked Questions about Equitas Holdings Limited
Equitas Holdings Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Equitas Holdings Limited is a amalgamated public limited company in the financial services sector based in Chennai, Tamil Nadu, India. It was incorporated on 22 June 2007 and is registered under CIN L65100TN2007PLC064069. Listed on BSE: 539844 and NSE: EQUITAS. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Equitas Holdings Limited was incorporated on 22 June 2007. Registered with ROC Chennai.
The current directors of Equitas Holdings Limited are:
The CIN (Corporate Identification Number) of Equitas Holdings Limited is L65100TN2007PLC064069. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Equitas Holdings Limited is financial services. The company specifically operates in core investment companies.