Equitas Small Finance Bank Limited - Company Profile

It is a financial services public limited company based in Chennai, Tamil Nadu, India, established in 1993.

1993 Chennai, Tamil Nadu, India Active

Last Updated: January 06, 2026

About Equitas Small Finance Bank Limited

Equitas Small Finance Bank Limited, a active public limited company, was established on 21 June 1993 in Chennai, Tamil Nadu, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: L65191TN1993PLC025280. Registered under ROC Roc Chennai. it is listed on BSE: 543243 and NSE: EQUITASBNK. It has an authorized capital of ₹1,700.00 Cr and a paid-up capital of ₹1,140.72 Cr.

Formerly known as V.A.P. Finance Limited, Equitas Finance Limited. It upholds a compliant status. Employing 22,248 professional, Its leadership includes Geeta Dutta Goel (Director), Asuri Ramesh Rangan Sholinghur (Director), Ramkumar Krishnaswamy (Director). Past directors included Peruvemba Seetharamier Balasubramaniam, Parthasarathy Pattappa, John Arunkumar Diaz. It holds no open charges and ₹5,450.18 Cr settled loans. Its latest AGM occurred on 10 September 2025, with the balance sheet filed on 31 March 2025. It is based at 4Th Floor, Phase Ii, Spencer Plaza No.769, Mount Road, Anna Salai, Chennai, Tamil Nadu, 600002.

Company Details

CIN/LLPIN
L65191TN1993PLC025280
Registration Number
025280
Incorporation Date
21 June 1993
Authorized Capital
₹1,700.00 Cr
Paid-Up Capital
₹1,140.72 Cr
ROC Code
Roc Chennai
Listing Status
Listed (BSE: 543243, NSE: EQUITASBNK)
Company Status
Active

Key Metrics

Authorised Capital ₹ 1,700.00 Cr as on 06-01-2026
Paid Up Capital ₹ 1,140.72 Cr as on 06-01-2026
Company Age 32 Year, 8 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 5,450.18 Cr as on 06-01-2026
Revenue Growth **** % (FY 2023)
Ebitda ****
Net Worth ****
Total Assets **** % (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Equitas Small Finance Bank Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Equitas Small Finance Bank Limited?

Current Directors

Name	Designation	Appointment Date	Status
Geeta Dutta Goel	Director	27 Dec 2021	Current
Asuri Ramesh Rangan Sholinghur	Director	09 Nov 2020	Current
Ramkumar Krishnaswamy	Director	16 Jul 2024	Current
Navin Avinashchander Puri	Director	22 Nov 2019	Current
Balaji Nuthalapadi	Whole-Time Director	28 Mar 2025	Current
Anil Kumar Sharma	Director	25 Apr 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	17 Jun 2014	Past
Pramod Abcsdd	Director	04 Sep 2016	Past
Pramod Abcsdd	Additional Director	29 Jun 2015	Past
Pramod Abcsdd	Director	31 Mar 2018	Past
Pramod Abcsdd	Additional Director	19 Jul 2022	Past
Pramod Abcsdd	Nominee Director	21 Apr 2016	Past

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Financial Performance of Equitas Small Finance Bank.

Equitas Small Finance Bank Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

*******

Revenue from Operations

*******

Total Assets

*******

Profit or Loss

*******

Net Worth

*******

EBITDA

*******

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What is the Ownership and Shareholding Structure of Equitas Small Finance Bank?

In 2023, Equitas Small Finance Bank had a public holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹54,501,772,209.00

Charges Breakdown by Lending Institutions

Others : 1237.67 Cr
Idbi Trusteeship Services Limited : 729.00 Cr
State Bank Of India : 627.00 Cr
Small Industries Development Bank Of India : 450.00 Cr
Hdfc Bank Limited : 210.00 Cr
Others : 2196.51 Cr

Latest Charge Details

Date	Lender	Amount	Status
02 Jan 2017	Others	₹250.00 Cr	Satisfied
30 Aug 2016	Others	₹300.00 Cr	Satisfied
30 Aug 2016	Others	₹300.00 Cr	Satisfied
20 Aug 2016	Others	₹25.00 Cr	Satisfied
19 Jul 2016	Others	₹50.00 Cr	Satisfied

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How Many Employees Work at Equitas Small Finance Bank?

Equitas Small Finance Bank has a workforce of 22248 employees as of Mar 29, 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Equitas Small Finance Bank, 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 Equitas Small Finance Bank's trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Equitas Small Finance Bank

Recent Activity within the Organization

Annual General Meeting

Equitas Small Finance Bank Limited last Annual general meeting of members was held on 10 Sep 2025 as per latest MCA records. was recorded as a recent event.
10 Sep 2025
Balance Sheet

Equitas Small Finance Bank Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was recorded as a recent event.
31 Mar 2025
Director Appointment

Progress on Balaji Nuthalapadi was appointed as a Whole-time director was appointed as a Whole-time director on 28 Mar 2025 & has been associated with this company since 11 months . was documented.
28 Mar 2025
Director Appointment

Ramkumar Krishnaswamy was appointed as a Director was appointed as a Director on 16 Jul 2024 & has been associated with this company since 1 year 7 months . was recorded as a recent event.
16 Jul 2024
Director Appointment

Keezhayur Sowrirajan Sampath was appointed as a Director was appointed as a Director on 16 Jul 2024 & has been associated with this company since 1 year 7 months . was recorded as a recent event.
16 Jul 2024
Director Appointment

Narayanan Nadadur Rajagopalan was appointed as a Director was appointed as a Director on 16 Jul 2024 & has been associated with this company since 1 year 7 months . was recorded as a recent event.
16 Jul 2024

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