Company Information
Suryoday Small Finance Bank Limited Unlisted Shares
BOARD OF DIRECTORS
Mr. Baskar Babu Ramachandran, MD & CEO
Mr. R. Ramachandran, Non-Executive Chairperson and
Independent Director
Mr. Mrutyunjay Sahoo, Independent Director
Mr. Jyotin Mehta, Independent Director
Mrs. Meena Hemchandra, Independent Director
Mr. Arun Diaz, Independent Director
Mr. Venkatesh Natarajan, Investor Director
BACKGROUND
Suryoday Small Finance Bank started as a NBFC in April 2009 and then became a NBFC-MFI in 2013, and later has been converted as a Small Finance Bank on the January 23, 2017. Among the 10 companies and the only one from Maharashtra to obtain a 'Small Finance Bank' licence from the Reserve Bank of India (RBI).
The Bank is primarily engaged in extending micro credit to economically
weaker women who are otherwise unable to access nance from the mainstream
banking channels. The Bank broadly follows the Grameen Model with suitable
adaptations using the Joint Liability Groups (JLG) framework, where each member
of the group guarantees the loan repayment of the other members of the group. The
Bank has 28 fully operational bank branches as of June 2018 including
conversion of 2 micro finance lending outlets into banking outlets in addition
to 213 micro finance lending focused outlets. The Bank is in the process of
converting existing micro finance focused outlets to banking outlets in the
current financial year in addition to opening of new branches. The Bank also
has onsite ATMs at almost all branches.
REGISTERED OFFICE
Unit No.1101, Sharda Terraces, Plot No.65, Sector 11, CBD Belapur, Navi Mumbai - 400 614.
INCORPORATION YEAR |
: 2008 |
WEBSITE |
: www.suryodaybank.com |
|
: priyav@suryodaymf.com |
CIN NO |
: U65923MH2008PLC261472 |
ISIN NO. |
: INE428Q01011 |
SECTOR |
: Small Finance Bank |
FACE VALUE |
:10 |
PROMOTER HOLDING |
: 26.15% |
FINANCIAL INFORMATION FOR LAST 3 YEARS (Rupees in Crore)
PARTICULARS |
2020 |
2019 |
2018 |
Equity Capital |
86.59 |
81.58 |
67.50 |
Reserve & Surplus |
979.64 |
799.05 |
472.26 |
Net Worth |
1066.23 |
880.63 |
539.76 |
Book Value Per Share |
123 |
108 |
80 |
Total Income |
854.14 |
599.46 |
324.93 |
Profit |
110.94 |
86.60 |
10.13 |
EPS Rs. |
12.81 |
10.61 |
1.50 |