About
Basic Data Updated:
1 month agoIt is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539404 and on the National Stock Exchange(NSE) under SATIN.
The Corporate was formerly known as Satin Leasing And Finance Limited. The Company is engaged in the Finance And Insurance 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 200.00 cr and a paid-up capital of Rs 110.47 cr.
The Corporate currently has active open charges totaling ₹9,530.89 cr. It has already closed loans amounting to ₹18,113.61 cr, as per the Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Satin Creditcare Network Limited India are Vikas Gupta as Company Secretary and Rakesh Sachdeva as Cfo. Sanjay Bhatia, Goh Colin, Anil Kalra, and Five other members serve as directors at the Company.
Industry
Company Details
- Location
North West Delhi, Delhi, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Financials of Satin Creditcare Network Limited
![financial-graph](/Images/tcc-login/Company-Financial-Gragh.webp)
Satin Creditcare Network Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.59% increase. The company also saw a substantial improvement in profitability, with a 557.13% increase in profit. The company's net worth Soared by an impressive increase of 19.14%.
Corporate Structure
![Shareholding-Indiacator](/Images/tcc-login/Shareholding-Indiacator.webp)
Unlock access to Satin Creditcare Network's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Satin Creditcare Network Limited
![Employee-Graph](/Images/tcc-login/Employee-Graph.webp)
Unlock and access historical data on people associated with Satin Creditcare Network, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
VG
Vikas GuptaCompany Secretary
Appointment Date: 08-Oct-2022
Status: Current
HS
Harvinder SinghManaging Director
Appointment Date: 16-Oct-1990
Status: Current
RS
Rakesh Sachdeva CFOAppointment Date: 13-Dec-2020
Status: Current
Board Members(7)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 22 Mar 2024 | ₹40.00 Cr | Open |
Others Creation Date: 21 Mar 2024 | ₹40.00 Cr | Open |
Hdfc Bank Limited Creation Date: 18 Mar 2024 | ₹50.00 Cr | Open |
Deals i
![Valuation-Graph](/Images/tcc-login/Valuation-Graph.webp)
Gain comprehensive insights into the Deals and Valuation data of Satin Creditcare Network, 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 Satin Creditcare Network's trajectory.
Rating
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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.
Alert
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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.
Related Corporates (Common Directorship)
Trishashna Holdings & Investments Private Limited
Active7 years 11 months
Harvinder Singh is a mutual person
Recent activity within the organization
Charges
A charge with Others amounted to Rs. 40.00 cr with Charge ID 100892809 was registered on 22 Mar 2024.
22 Mar 2024Charges
A charge with Others amounted to Rs. 40.00 cr with Charge ID 100895674 was registered on 21 Mar 2024.
21 Mar 2024Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 cr with Charge ID 100894149 was registered on 18 Mar 2024.
18 Mar 2024Charges
A charge with Others amounted to Rs. 12.00 cr with Charge ID 100880046 was registered on 11 Mar 2024.
11 Mar 2024Charges
A charge registered on 02 Mar 2021 via Charge ID 100419248 with Others was fully satisfied on 05 Mar 2024.
05 Mar 2024
Recent News, Updates & Announcement
- Satin Creditcare Network Q2 Results Net profit soars 89 YoY to Rs 103 crore.
Microfinance company Satin Creditcare Networks net profit zoomed 89 at Rs 103 crore on the back of lower credit costs and business expansion.
Economic Times 27 Oct 2023
- 2020s Silver Lining Satin Creditcare Network Sees 43 Rise in Net Profit Chairman HP Singh Confident in Future Growth and Margins.
When you thought 2020 couldnt get any worse Satin Creditcare Network proves you wrong with a 43 rise in net profit Chairman HP Singh is feeling himself saying its their highest profit in 5 years Theyre expecting even more growth and better margins in the future Their portfolio and asset quality are also looking good They even raised a ton of money and their profits are now in the green winning microfinance growth moneytalks.
Economic Times 28 Jul 2023
- Satin Creditcare to raise upto Rs 5000 crore via private placement of NCDs.
Moneycontrol 11 Jul 2023
- India Ratings Withdraws Northern Arc 2021 MFI Harshas Rating.
India Ratings and Research 24 May 2023
Frequently asked questions
What is the Incorporation or founding date of Satin Creditcare Network Limited?