Sundaram Finance Holdings Ltd Share Price (SUNDARMHLD)

Sundaram Finance Holdings Limited (SFHL) is a Non-Banking Finance Company registered with the Reserve Bank of India. In 2015, SFHL raised the amount of Rs. 256.56 crore to the Capital Reserve through the sale of 1737012 equity shares of the Company held by The SFL Shares Trust. The Company also mobilized fresh deposits aggregating to Rs. 414.35 crore in 2015. During the same year, the Company raised term funding from banks, mutual funds, insurance companies and others in the form of non-convertible debentures and term loans amounting to Rs. 3878 crore. In 2016, SFHL acquired 81900000 equity shares from Royal Sun Alliance Insurance PLC for a total consideration of Rs. 450 crore, raising its shareholding in Royal Sundaram from 49.90 to 75.90 and consequently, Royal Sundaram became a subsidiary of SFHL. Along with that, the paid-up capital of the Company was reduced from Rs. 94.50 crore to Rs. 24 crore. In 2017, SFHL added, ‘investments’ to its main objects clause in the Memorandum of Association and changed the name of the Company to Sundaram Finance Holdings Limited. During 2018, SFHL mobilised fresh deposits worth Rs. 450.53 crore and renewed deposits (of Rs. 742.36 crore) of Rs. 943.44 crore. The Company also raised term funding from different sources amounting to Rs. 5545 crore. During 2019, SFHL raised resources to the extent of Rs. 3236 crore through securitisation and assignment of receivables with fresh deposits aggregating to Rs. 701.52 crore and renewal of deposits amounting to Rs. 980.71 crore.

Share Price: ₹236.95 per share as on 18 Apr, 2024 04:01 PM
Market Capitalisation: ₹5,427.11Cr as of today
Revenue: ₹0.00Cr as on December 2023 (Q4 23)
Net Profit: ₹11.13Cr as on December 2023 (Q4 23)
Listing date: 01 Jan, 0001
Chairperson Name: Harsha Viji