July 31, 2014 10:06 PM ET

Consumer Finance

Company Overview of Equitas Holdings Private Limited

Company Overview

Equitas Holdings Private Limited, through its subsidiaries, provides microfinance, used commercial vehicle finance, and housing finance services in India. It is engaged in extending micro credit to people who are otherwise unable to access finance from the mainstream banking channels. It also provides finance for the purchase of used commercial vehicles; and housing finance for self-employed and salaried segment of low income customers. The company was formerly known as Equitas Micro Finance India Private Limited and changed its name to Equitas Holdings Private Limited in February 2012. Equitas Micro Finance India Private Limited was founded in 2007 and is based in Chennai, India.

Temple Tower

4th Floor

672, Anna Salai

Nandanam

Chennai,  600035

India

Founded in 2007

Phone:

91 44 4299 5000

Fax:

91 44 4299 5050

Key Executives for Equitas Holdings Private Limited

Founder
Age: 51
Group Chief Financial Officer and Chief Operating Officer
Age: 56
Zonal Head - Business and Group President of Operations
Age: 45
Head of Operations
National Business Head
Age: 49
Compensation as of Fiscal Year 2014.

Equitas Holdings Private Limited Key Developments

Equitas Holdings Private Limited Announces Unaudited Earnings Results for the Half Year Ended September 30, 2013

Equitas Holdings Private Limited announced unaudited earnings results for the half year ended September 30, 2013. For the period, the company reported interest income from loan of INR 423.886 million compared to INR 154.047 million a year ago. Total income was INR 482.043 million compared to INR 160.297 million a year ago. Profit from ordinary activities before tax was INR 93.292 million compared to loss from ordinary activities before tax of INR 64.179 million a year ago. Net profit for the period was INR 61.392 million compared to net loss for the period of INR 64.179 million a year ago. Basic and diluted EPS was INR 0.41 compared to basic and diluted LPS of INR 1.11 a year ago. Return on assets was 1.09% compared to negative return on assets of 3.50% a year ago.

Equitas Holdings Private Limited, Board Meeting, Nov 13, 2013

Equitas Holdings Private Limited, Board Meeting, Nov 13, 2013. Agenda: To consider unaudited earnings results for the half year ended September 30, 2013.

Equitas Holdings Private Limited, Board Meeting, May 03, 2013

Equitas Holdings Private Limited, Board Meeting, May 03, 2013. Agenda: To approve the audited standalone earnings results for the half year and full year ended March 31, 2013.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
May 20, 2014
--
Private Placement
December 18, 2013
--
 

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