About SBM Bank (India) Limited
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SBM Bank (India) Limited is a public limited foreign company incorporated in india based in Nariman Point, Maharashtra, India, a subsidiary of Sbm Bank (Holdings) Limited. It operates in the banking institutions segment of the financial services sector. It was incorporated on 30 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2017FLC293229. Its GSTIN is 27AAYCS4336A1Z5 (Maharashtra). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹2,000 Cr and a paid-up capital of ₹1,093.7 Cr. It is led by directors including Pallavi Kanchan and Raoul Claude Nicolas Gufflet.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 101 Raheja Centre 1st Floor Free Press Journal Marg, Nariman Point, Maharashtra, India – 400021.
The company has about 684 employees on its provident fund (EPFO) records.
Court records list 405 cases involving the company, including 350 filed by the company and 55 filed against it; 339 cases are pending. The company has 3 deals on record (2 debt financings, 1 funding round), with disclosed funding of ₹524 Cr; the latest was in January 2023. Its 5 peer companies in the BFSI industry (Banks), with the same principal business activity (banking activities by central, commercial and saving banks) are compared by revenue, 5 larger; the largest is Au Small Finance Bank Limited with revenue of ₹15.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sbmbank.co.in.
Company details
Contact details
SBM Bank (India) Limited's registered office is in Nariman Point, Maharashtra.
- Registered Address101 Raheja Centre 1st Floor Free Press Journal Marg, Nariman Point, Maharashtra, India – 400021
- IndustryFinancial Services, Banking Institutions
- 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 SBM Bank (India) is financial and insurance service. In detail, this covers banking activities by central, commercial and saving banks.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K1 | Banking activities by Central, Commercial and Saving banks |
To see the full business activity and turnover split of SBM Bank (India) Limited, buy the company report.
Financials of SBM Bank (India) Limited
FY 2025 filings availableSBM Bank (India) Limited reported revenue of ₹14 (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 98% over five 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
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Financial Ratios
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To see the full financial statements and ratios of SBM Bank (India) Limited, buy the company report.
Board of directors and KMP of SBM Bank (India) Limited
SBM Bank (India) Limited currently reports 8 directors and 2 key managerial personnel. 32 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Lall Also directs: Zuari Agro Chemicals Limited, Zuari Industries Limited, Adaptedforai (OPC) Private Limited and 3 more | Additional Director | 17 Mar 2025 | 1 Years 7 Months | Current |
| Pallavi Kanchan Also directs: Purearth Infrastructure Limited, Axis Finance Limited, CRMF Trustee Private Limited and 2 more | Director | 09 Sep 2024 | 2 Years 1 Months | Current |
| Raoul Claude Nicolas Gufflet | Director | 16 Jun 2021 | 5 Years 4 Months | Current |
| Ashish Anil Vijayakar Also directs: The Bombay Presidency Golf Club Limited | Ceo | 16 Feb 2024 | 2 Years 8 Months | Current |
| Anantha Subrahmanya Dhananjaya Also directs: Old Bridge Mutual Fund Trustee Private Limited | Director | 28 Oct 2024 | 2 Years 0 Months | Current |
| Umesh Jain Also directs: Dragonfly Consumer Insights LLP, Diginsights Technologies LLP, Ninedots Consulting Partners LLP and 1 more | Director | 14 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
SBM Bank (India) Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Banks), with the same principal business activity (banking activities by central, commercial and saving banks), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Au Small Finance Bank Limited | ₹15 (FY 2025) | -100.0% | Jaipur, Rajasthan, India | |||
| The Karur Vysya Bank Limited | ₹15 (FY 2025) | -100.0% | Karur, Tamil Nadu, India | |||
| Icici Bank Limited | ₹15 (FY 2025) | -100.0% | Vadodara, Gujarat, India | |||
| City Union Bank Limited | ₹15 (FY 2025) | -100.0% | Tanjore, Tamil Nadu, India | |||
| Ujjivan Small Finance Bank Limited | ₹15 (FY 2025) | -100.0% | Bengaluru, Karnataka, India | |||
| SBM Bank (India) Limitedthis company | ₹14 (FY 2025) | -100.0% | Nariman Point, Maharashtra, India |
To see the full peer comparison of SBM Bank (India) Limited, buy the company report.
Deals & funding
SBM Bank (India) Limited has 3 deals on record (2 debt financings, 1 funding round), with disclosed funding of ₹524 Cr; the latest was in January 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Debt financing | ₹99 Cr | Investors: Life Insurance Corporation of India |
| Apr 2022 | Debt financing | ₹125 Cr | |
| Apr 2022 | Funding round | ₹300 Cr | Investors: National Bank for Agriculture and Rural Development |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
SBM Bank (India) Limited has 405 court cases on record: 350 filed by SBM Bank (India), 55 filed against it. 339 cases are pending and 66 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 370 | 21 | 320 |
| High courts | 20 | 20 | 12 |
| NCLAT | 14 | 13 | 7 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 405)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Aaquaries Global Industries Limited | Pending |
| High Court of Kerala | Appeal | Filed against the company by Alhind Tours and Travels Private Limited | Pending |
| District court, Chandigarh | Commercial suit | Filed by the company against Varada Innovations Private Limited | Pending |
| District court, Chandigarh | Commercial suit | Filed by the company against Anemoi Technologies Private Limited and 1 other | Pending |
| District court, Chandigarh | Commercial suit | Filed by the company against Bluepi Consulting Pvt. Ltd. | Pending |
To see the full case history of SBM Bank (India) 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
SBM Bank (India) Limited was last rated by Care on 26 Oct 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 26 Oct 2022 |
To see the full credit ratings and regulatory alerts of SBM Bank (India) Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for SBM Bank (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
SBM Bank (India) has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAYCS4336A1Z5 | Maharashtra | Active | 12 Nov 2018 |
| 27AAYCS4336A2Z4 | Maharashtra | Active | 01 Sep 2020 |
| 33AAYCS4336A1ZC | Tamil Nadu | Active | 12 Nov 2018 |
| 36AAYCS4336A1Z6 | Telangana | Active | 12 Nov 2018 |
To see the full GST registrations and return filing status of SBM Bank (India) Limited, buy the company report.
Recent activity
SBM Bank (India) Limited has 40 board changes on record since 2018: 16 appointments and 24 cessations. The latest: Mooneesing Janna Naikeny was appointed as Additional Director on 06 Mar 2026.
31 earlier events are in the company report.
News
Frequently asked questions
SBM Bank (India) is an active public limited foreign company incorporated in india based in Nariman Point, Maharashtra, India. The company works in banking institutions, within the financial services industry. It was incorporated on 30 March 2017 (9+ years old) and is registered under CIN U65999MH2017FLC293229.
SBM Bank (India) has 10 current directors and KMP:
- Sanjeev Lall - Additional Director
- Pallavi Kanchan - Director
- Raoul Claude Nicolas Gufflet - Director
- Anantha Subrahmanya Dhananjaya - Director
- Umesh Jain - Director
- Abizer Shabbir Diwanji - Director
- Mahendra Vikramdass Punchoo - Additional Director
- Mooneesing Janna Naikeny - Additional Director
- Ashish Anil Vijayakar - Ceo
- Amit Jagdhari - Cfo
The latest financial statements of SBM Bank (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of SBM Bank (India) is 27AAYCS4336A1Z5, registered in Maharashtra. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 27AAYCS4336A2Z4 (Maharashtra), 33AAYCS4336A1ZC (Tamil Nadu), 36AAYCS4336A1Z6 (Telangana).
The CIN (Corporate Identification Number) of SBM Bank (India) is U65999MH2017FLC293229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SBM Bank (India) has 405 court cases on record: 350 filed by the company and 55 filed against it. 339 are pending. Most are in the district courts.
SBM Bank (India) was incorporated on 30 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
SBM Bank (India) has 3 deals on record (2 debt financings, 1 funding round), with disclosed funding of ₹524 Cr; the latest was in January 2023.
The peers of SBM Bank (India) by revenue are Au Small Finance Bank Limited, The Karur Vysya Bank Limited, Icici Bank Limited, City Union Bank Limited, Ujjivan Small Finance Bank Limited, all in the BFSI industry (Banks), with the same principal business activity (banking activities by central, commercial and saving banks).
Mooneesing Janna Naikeny was appointed as Additional Director on 06 Mar 2026. Mahendra Vikramdass Punchoo was appointed as Additional Director on 19 Jan 2026. Rohit Ramnawaz ceased to be Additional Director on 16 Jul 2025. SBM Bank (India) has 40 board changes on record in total.
SBM Bank (India) can be reached through the website sbmbank.co.in. Its registered office is in Nariman Point, Maharashtra, India.