About Saan Popular Finance Private Limited
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Saan Popular Finance Private Limited is a private limited company based in Konni, Kerala, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 28 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U67190KL1994PTC007793. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹25 Cr. It was formerly known as Saan Chitties and Finance Pvt Ltd. It is led by directors including Samuel Ambanattu Prakash and Reba Mary Thomas.
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 13/577 Popular Tower Vakayar P O, Konni, Kerala, India – 689698.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹27.29 Lakh (net margin 7.8%) and EBITDA of ₹2.8 Cr (EBITDA margin 80.2%). Revenue has grown at a compounded annual rate (CAGR) of 166% over three years.
The company has about 323 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.6 Cr on record. Court records list 52 cases involving the company, including 52 filed against it; 5 cases are pending. The company has 17 deals on record (11 secondary share transfers, 4 funding rounds, 2 debt financings), with disclosed funding of ₹168.67 Cr; the latest was in March 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website populargroup.org.
Company details
CIN history
Saan Popular Finance has one previous CIN (Corporate Identification Number): U65992KL1994PTC007793. The current CIN is U67190KL1994PTC007793, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190KL1994PTC007793 | Current |
| U65992KL1994PTC007793 | Previous |
Contact details
Saan Popular Finance Private Limited's registered office is in Konni, Kerala. Its website is populargroup.org. Its e-mail address is in the company report.
- Email
- Website
- Registered Address13/577 Popular Tower Vakayar P O, Konni, Kerala, India – 689698
- IndustryFinancial Services, NBFC
To see the full contact details of Saan Popular Finance Private 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 Saan Popular Finance 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 |
To see the full business activity and turnover split of Saan Popular Finance Private Limited, buy the company report.
Financials of Saan Popular Finance Private Limited
FY 2019 filings availableSaan Popular Finance Private Limited reported revenue of ₹3.49 Cr (up 1890% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 166% over three years. 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹3.49 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.8 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹27.29 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 80.2% | |||
| Net Profit Margin | 7.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Saan Popular Finance Private Limited, buy the company report.
Board of directors of Saan Popular Finance Private Limited
Saan Popular Finance has 3 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reba Mary Thomas Also directs: Mary Rani Popular Nidhi Limited, Saan Popular Traders LLP, Amala Popular Nidhi Limited and 1 more | Additional Director | 26 Jun 2020 | 6 Years 4 Months | Current |
| Prabha Thomas | Additional Director | 11 Aug 2020 | 6 Years 3 Months | Current |
| Samuel Ambanattu Prakash | Director | 22 Jun 2015 | 11 Years 4 Months | Current |
Auditor
Saan Popular Finance Private Limited is audited by THOMAS N J for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THOMAS N J | FY 2018 |
Shareholding
The shareholding of Saan Popular Finance Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Saan Popular Finance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2020 | 100343301 | The South Indian Bank Limited | ₹60 Lakh | Open | |
| 26 Jun 2019 | 100281523 | Others | ₹10 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Saan Popular Finance Private Limited has 17 deals on record (11 secondary share transfers, 4 funding rounds, 2 debt financings), with disclosed funding of ₹168.67 Cr; the latest was in March 2019.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2018 | Debt financing | ₹86.79 Cr | Investors: Mypopular Marine Products LLP , Mary Rani Trading LLP , Vakayar Lab LLP |
| Mar 2018 | Funding round | ₹12.5 Cr | Investors: 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Nov 2017 | Debt financing | ₹57.17 Cr | Investors: Mypopular Marine Products LLP , Mary Rani Trading LLP |
To see the full deal history of Saan Popular Finance Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Saan Popular Finance Private Limited has 52 court cases on record: 52 filed against it. 5 cases are pending and 47 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 30 | 3 |
| High courts | 22 | 22 | 2 |
Cases on record (5 of 52)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by an individual | Pending |
| High Court | Writ petition | Filed against the company by individuals | Pending |
| High Court | Writ petition | Filed against the company by individuals | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed against the company by Union of India | Pending |
To see the full case history of Saan Popular Finance Private 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.
Credit ratings & regulatory alerts
Saan Popular Finance Private Limited was last rated by Care on 20 Mar 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 20 Mar 2019 |
To see the full credit ratings and regulatory alerts of Saan Popular Finance Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saan Popular Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saan Popular Finance Private Limited has a workforce of 323 employees on its EPFO records as of Jan 2020, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 323 |
| FY 2018-19 |
To see the full employee and EPFO history of Saan Popular Finance Private Limited, buy the company report.
GST
Saan Popular Finance has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Saan Popular Finance Private Limited, buy the company report.
Recent activity
Saan Popular Finance Private Limited has 21 board changes on record since 2009: 3 appointments and 18 cessations. The latest: Prabha Thomas was appointed as Additional Director on 11 Aug 2020.
14 earlier events are in the company report.
Frequently asked questions
Saan Popular Finance is an active private limited company based in Konni, Kerala, India. The company works in nbfc, within the financial services industry. It was incorporated on 28 March 1994 (32+ years old) and is registered under CIN U67190KL1994PTC007793.
Saan Popular Finance has 3 current directors:
- Reba Mary Thomas - Additional Director
- Prabha Thomas - Additional Director
- Samuel Ambanattu Prakash - Director
The latest financial statements of Saan Popular Finance 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.
No. Saan Popular Finance has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Saan Popular Finance is U67190KL1994PTC007793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saan Popular Finance has 52 court cases on record: 52 filed against it. 5 are pending. Most are in the district courts.
Saan Popular Finance was incorporated on 28 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ernakulam.
Saan Popular Finance has 17 deals on record (11 secondary share transfers, 4 funding rounds, 2 debt financings), with disclosed funding of ₹168.67 Cr; the latest was in March 2019.
Prabha Thomas was appointed as Additional Director on 11 Aug 2020. Rinu Mariam Thomas ceased to be Director on 11 Aug 2020. Reba Mary Thomas was appointed as Additional Director on 26 Jun 2020. Saan Popular Finance has 21 board changes on record in total.
Saan Popular Finance can be reached through the website populargroup.org. Its registered office is in Konni, Kerala, India.
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