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    SATIN CREDITCARE NETWORK LTD.

    21 January 2025 | 12:00

    Industry >> Micro Finance Institutions

    Select Another Company

    ISIN No INE836B01017 BSE Code / NSE Code 539404 / SATIN Book Value (Rs.) 230.05 Face Value 10.00
    Bookclosure 05/08/2020 52Week High 278 EPS 39.46 P/E 3.79
    Market Cap. 1649.99 Cr. 52Week Low 138 P/BV / Div Yield (%) 0.65 / 0.00 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.

    Satin Creditcare Network Limited (SCNL) was formed in 1990 as a Non-Banking Finance Company (NBFC) with the simple concept of providing individual loans to urban shopkeepers for tiny businesses. Since then the company has expanded and evolved into one of the leading 

    microfinance institutions in India

     with its current geography in North as well as Central India. SCNL provides loans to both urban poor and rural poor to meet their productive requirements in starting new business or for growing an existing business. The 

    company

    's microfinance operation is based on both Joint Liability Group(JLG) model as well  Self Help Group model (SHG). At present, SCNL has its strong presence and serves its clients throughout Bihar, Chandigarh, Delhi, Haryana, Jammu , Maharashtra, Madhya Pradesh, Punjab, Rajasthan, Uttar Pradesh and Uttrakhand . 

     2015 - SCNL receives Iconic Name in Microfinance Award. 

     2016 -SCNL was awarded `The Best MFI of India Award', by Worldwide Achievers. -Satin Creditcare was awarded with Smart Certification for its commitment to client protection in Smart Campaign Client Protection Certificate. - SCNL scored `Platinum' rating and an overall rating of 4 stars in the `Impact Business Model Rating', conducted by GIIRS. -SCNL receives "Iconic Name in Microfinance Award", at the Make in India Conclave Indian Realty Award & International Business Awards. -SCNL Kick- started its operations in 25 new branches. 

     2018 -Satin Creditcare Network Ltd. has Launched Mobile application named as 'Loan Dost" for loan products under Fintech platform of the Company. 

     2020 -Company issued rights shares of Rs. 10 in the ratio of 48:125 at a premium of Rs. 50 per share.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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