Company Profile

SATIN CREDITCARE NETWORK LTD.

NSE : SATINBSE : 539404ISIN CODE : INE836B01017Industry : Finance Term LendingHouse : Private
BSE86.252.55 (+3.05 % )
PREV CLOSE (Rs.) 83.70
OPEN PRICE (Rs.) 81.90
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 44126
TODAY'S LOW / HIGH (Rs.)81.90 88.90
52 WK LOW / HIGH (Rs.)43.07 179.32
NSE86.15 2.45 (+2.93 % )
PREV CLOSE(Rs.) 83.70
OPEN PRICE (Rs.) 82.70
BID PRICE (QTY) 86.15 (11050 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 435996
TODAY'S LOW / HIGH(Rs.) 80.10 89.00
52 WK LOW / HIGH (Rs.)42.29 181.24

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STOCK SUMMARY
Trade Value (Rs. in Lacs) 0.00
Dividend Yield(%) 0.00
TTM EPS (Rs.) -6.09
P/E Ratio 0.00
Book Value (Rs.) 210.40
Face Value (Rs.) 10
MCap (Rs. in Mn) 6211.77
Price/Earning (TTM) -20.77
Price/Sales (TTM) 0.49
Price/Book (MRQ) 0.41
PAT Margin (%) 11.15
ROCE (%) 11.95
Incorporation Year : 1990

Management Info :

H P Singh - Chairman H P Singh - Managing Director

Registered Office :

Address : 5th Floor, Kundan Bhawan,Azadpur Commercial Complex, Azadpur,Azadpur,
New Delhi,
Delhi-110033

Phone : 011 47545000

Registrar's Details : Link Intime India Pvt Ltd.
Noble Heights, 1st Floor, Plot NH 2,C-1 Block LSC, Near Savitri Market,Janakpuri,New Delhi
Listing : BSE, NSE, Delhi, Jaipur, Ludhiana
NEWS More
01Jan01-01-2021$Satin Creditcare raises Rs 150 crore through NCDs Satin Creditcare raises Rs 1

Satin Creditcare Network has raised Rs 150 crore and allotted Rated, Listed, Senior, Redeemable, Taxable Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each on Private Placement Basis. NCDs will be redeemed on June 30, 2022.  The Working Committee of the company vide their resolution dated December 31, 2020 has allotted the same.

Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.

Satin Creditcare Network has raised Rs 150 crore and allotted R..
01Jan01-01-2021$Bharat Dynamics, JSPL and Shashijit Infraprojects to see some action today Bharat Dynamics, JSPL and S

Bharat Dynamics (BDL), the manufacturer of Akash Missile, is geared up to take up export order. Given the export potential and demand of Akash in the international market, the company has been promoting the product at various forums including national and international exhibitions. The missile being offered for exports will be of a different version. The company is already supplying Torpedoes to a foreign country.

Jindal Steel & power’s (JSPL) subsidiary -- Jindal Power has been declared the successful bidder for Gare Palma IV/1 coal mine by the Ministry of Coal. Jindal Power won an auction for Gare Palma IV/1 coal mine at 25% bid premium of the representative price. 

Shashijit Infraprojects has been awarded contract for construction of ETP Tank, UG Water Tank, Foundations, Road Work along with other miscellaneous civil work from Kasyap Sweetners, a well reputed company from Mumbai, Maharashtra at their Vapi unit, Gujarat. The approximately value of the project is Rs 300-500 lakh. Project is likely to start by the first week of January, 2021. Mobilization of machinery and man power will start soon.

Jubilant Foodworks (JFL) has declared an investment of Rs. 92 crore into Barbeque-Nation Hospitality (BNHL) for an equity stake of 10.76%. Towards this end, the Company has entered into a Share Subscription Agreement to acquire equity shares and a Restated Shareholders’ Agreement to regulate the rights and obligations of BNHL’s key shareholders.

Garden Reach Shipbuilders and Engineers (GRSE) has commenced production of the first of the eight Anti-Submarine Warfare Shallow Water Crafts for the Indian Navy. The contract for the construction of the eight ships at a cost of Rs 6,311 crore was signed with the Navy in April 2019. The compact and complex stealth crafts will be packed with state-of-the-art weapons and sensors like hull mounted sonar, towed sonar, torpedo launchers and rocket launcher to interdict and destroy sub-surface targets in coastal waters.

Satin Creditcare Network has raised Rs 150 crore and allotted Rated, Listed, Senior, Redeemable, Taxable Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each on Private Placement Basis. NCDs will be redeemed on June 30, 2022.  The Working Committee of the company vide their resolution dated December 31, 2020 has allotted the same.

RITES has received approval from board of directors for acquiring 13% stake i.e. 1573 equity shares of Rs 10 each of Elicius Energy and signing of the agreement with it. The company is supporting the startup in development of tubular PEM Hydrogen Fuel Cell Stack of 500-1000 watt capacity and in order to guide the above developmental project.

Bharat Dynamics (BDL), the manufacturer of Akash Missile, is ge..
17Dec12-17-2020$Satin Creditcare Network planning to raise Rs 187.50 crore through NCDs Satin Creditcare Network pla

Satin Creditcare Network is planning to raise up to Rs 187.50 crore through issuance of Non-Convertible Debentures on Private Placement.  A meeting of the Board of Directors of the company is scheduled to be held on December 21, 2020 to consider and approve the same. 

Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.

Satin Creditcare Network is planning to raise up to Rs 187.50 c..
16Dec12-16-2020$Biocon, Cipla and Union Bank of India to see some action today Biocon, Cipla and Union Bank

Biocon’s subsidiary company -- Biocon Biologics, in continuation of its Mission 10 cents affordable insulins program for low- and middle-income countries (LMICs), has signed a Memorandum of Understanding (MoU) with the Christian Social Services Commission (CSSC), a faith-based organization active in Africa. CSSC works closely with the government as well as international and national partners to facilitate health and education services. Tanzania will be the first country in Africa that will benefit from this collaboration between Biocon Biologics and CSSC.

Cipla has entered into partnership with the Premier Medical Corporation for commercialization of the rapid antigen test kits for COVID-19 in India. The company will commence supply from this week. This is Cipla’s second launch in the diagnostics space after Elifast: SARS CoV-2 IgG ELISA Test Kit. In this collaboration, Cipla will be responsible for the marketing and distribution of the Rapid Antigen Detection Test for the qualitative detection of SARS-CoV-2 antigen that will be manufactured by Premier Medical Corporation.

Union Bank of India has raised Rs 500 crore and allotted Unsecured, Subordinated, Non-Convertible, Taxable, Perpetual, Fully Paid-Up Basel III Compliant Debt Instruments in the nature of Debentures eligible for inclusion in Additional Tier 1 Capital (Bonds) Series XXVII on December 15, 2020.

Mahindra and Mahindra (M&M) is going to increase the price of its range of Passenger and Commercial Vehicles, across models from January 1, 2021. This has been necessitated due to the increase in commodity prices and various other input costs. Details of the price increase across different models will be communicated in due course.

South West Pinnacle Exploration has incorporated a wholly owned subsidiary company namely ‘South West Oil Field Services’ on December 14, 2020. The entity is incorporated as Wholly Owned Subsidiary of the company to participate in tenders issued by clients in Oil and Gas or other sectors where South West Pinnacle Exploration (SWPE), India deems fit either directly or through a joint Venture.

Satin Creditcare Network has raised Rs 48.75 crore through Unlisted, Senior and Secured Non-Convertible Debentures (NCDs) and allotted 9,750 NCD’s having face value of Rs 50,000 each. Date of maturity of said NCDs will be May 6, 2024.

Airtel Business, the B2B unit of Bharti Airtel has launched its Customer Advisory Board with the objective of making its customers equal stakeholders in its product development journey. The Board will have representation from Airtel's top enterprise customers cutting across a diverse set of industries/sectors.

Biocon’s subsidiary company -- Biocon Biologics, in continuat..
16Dec12-16-2020$Satin Creditcare trades in green on raising Rs 48.75 crore through NCDs Satin Creditcare trades in g

Satin Creditcare is currently trading at Rs. 78.75, up by 0.60 points or 0.77% from its previous closing of Rs. 78.15 on the BSE.

The scrip opened at Rs. 79.40 and has touched a high and low of Rs. 79.60 and Rs. 78.75 respectively. So far 444 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 228.95 on 28-Jan-2020 and a 52 week low of Rs. 43.07 on 20-May-2020.

Last one week high and low of the scrip stood at Rs. 80.60 and Rs. 74.20 respectively. The current market cap of the company is Rs. 567.16 crore.

The promoters holding in the company stood at 37.89%, while Institutions and Non-Institutions held 26.44% and 35.67% respectively.

Satin Creditcare Network has raised Rs 48.75 crore through Unlisted, Senior and Secured Non-Convertible Debentures (NCDs) and allotted 9,750 NCD’s having face value of Rs 50,000 each. Date of maturity of said NCDs will be May 6, 2024.

Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.

Satin Creditcare is currently trading at Rs. 78.75, up by 0.60..
Financials More
Rs. in Millions
QTR Dec 20 ANNUAL 20
Net Profit-819.711562.66
Gross Profit -1092.16 2131.67
Operating Profit 474.898020.46
Net Sales 2934.1613995.71
ROLLING FORWARD P/E (EOD)
EVENT CALENDAR
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Shareholding Pattern More
MUTUAL FUNDS/UTI 5.96 %
NON-INSTITUTION 41.9 %
FI/BANKS/INSURANCE 4.19 %
PROMOTERS 38.21 %
GOVERNMENT 0 %
FII 0 %
MF HOLDINGS More
Scheme NameHold(%)
Aditya Birla SL Small C...0.63
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