Secondary Loan Market Association
About Secondary Loan Market Association
Data last updated:
Secondary Loan Market Association is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 26 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U91900MH2020NPL344606. Its GSTIN is 27ABECS2874E1Z8 (Maharashtra).
It is led by directors including Ajit Kumar (Managing Director) and Devesh Harikrishna Malviya.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Indian Banks' Association Centre I 6th Floor World Trade Centre Complex Cuffe Parade, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.28 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹1.2 Cr (net margin -52.5%) and EBITDA of -₹5.75 Lakh (EBITDA margin -2.5%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years.
Company details
Contact details
Secondary Loan Market Association's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIndian Banks' Association Centre I 6th Floor World Trade Centre Complex Cuffe Parade, Mumbai, Maharashtra, India – 400005
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Secondary Loan Market Association, 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 Secondary Loan Market Association is other service activities. In detail, this covers activities of membership organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Other service activities | 94 | Activities of membership organizations |
To see the full business activity and turnover split of Secondary Loan Market Association, buy the company report.
Financials of Secondary Loan Market Association
FY 2025 filings availableSecondary Loan Market Association reported revenue of ₹2.28 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 4% in the latest year. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹5.75 Lakh | ||||
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| Net Profit (PAT) | -₹1.2 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -2.5% | ||||
| Net Profit Margin | -52.5% | ||||
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To see the full financial statements and ratios of Secondary Loan Market Association, buy the company report.
Board of directors of Secondary Loan Market Association
Secondary Loan Market Association has 11 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Kumar Sanghai | Nominee Director | 24 Jun 2024 | 2 Years 4 Months | Current |
| Devesh Harikrishna Malviya | Director | 03 Jan 2024 | 2 Years 10 Months | Current |
| Sumit Gupta | Nominee Director | 24 Jun 2024 | 2 Years 4 Months | Current |
| Viplove Chaturvedi | Director | 25 Sep 2020 | 6 Years 1 Months | Current |
| Rajiv Seth | Director | 28 Sep 2021 | 5 Years 1 Months | Current |
| Ritesh Sharad Sampat | Nominee Director | 10 Jan 2023 | 3 Years 10 Months | Current |
Auditor
Secondary Loan Market Association is audited by M M Nissim & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M Nissim & Co LLP | FY 2023 | 107122W/W100672 |
Shareholding
The shareholding of Secondary Loan Market Association is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public |
To see the full shareholding pattern of Secondary Loan Market Association, buy the company report.
Legal cases
No court or tribunal cases involving Secondary Loan Market Association are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Secondary Loan Market Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Secondary Loan Market Association has 1 active EPFO establishment as of Apr 10, 2024.
GST
Secondary Loan Market Association has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABECS2874E1Z8 | Maharashtra | Active | 23 Feb 2021 |
To see the full GST registrations and return filing status of Secondary Loan Market Association, buy the company report.
Recent activity
Secondary Loan Market Association has 26 board changes on record since 2020: 13 appointments and 13 cessations. The latest: Chittaranjan Prusty was appointed as Nominee Director on 03 Jul 2025.
17 earlier events are in the company report.
Frequently asked questions
Secondary Loan Market Association is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 26 August 2020 (6+ years old) and is registered under CIN U91900MH2020NPL344606.
Secondary Loan Market Association has 11 current directors:
- Ajit Kumar - Managing Director
- Sumit Kumar Sanghai - Nominee Director
- Devesh Harikrishna Malviya - Director
- Sumit Gupta - Nominee Director
- Viplove Chaturvedi - Director
- Rajiv Seth - Director
- Ritesh Sharad Sampat - Nominee Director
- Rajesh Inder Malhotra - Director
- Adhimoolam Kothandapani Geethanjali - Nominee Director
- Kuttappan Ramani Arun Kumar - Nominee Director
- Chittaranjan Prusty - Nominee Director
The latest financial statements of Secondary Loan Market Association on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Secondary Loan Market Association is 27ABECS2874E1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Secondary Loan Market Association is U91900MH2020NPL344606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Secondary Loan Market Association was incorporated on 26 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Chittaranjan Prusty was appointed as Nominee Director on 03 Jul 2025. Kuttappan Ramani Arun Kumar was appointed as Nominee Director on 07 Mar 2025. Devesh Harikrishna Malviya ceased to be Additional Director on 23 Sep 2024. Secondary Loan Market Association has 26 board changes on record in total.
The registered office of Secondary Loan Market Association is at Indian Banks Association Centre I 6th Floor World Trade Centre Complex Cuffe Parade, Mumbai, Maharashtra, India – 400005.
Secondary Loan Market Association operates in the travel and hospitality industry, in the consumer professional services segment.
Secondary Loan Market Association can be reached at its registered office: Indian Banks Association Centre I 6th Floor World Trade Centre Complex Cuffe Parade, Mumbai, Maharashtra, India – 400005.
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