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* - Tentative Dates
The Net Proceeds from the Issue are proposed to be utilised by the Company for the following objects:
1. Augment of our capital base; and
2. General corporate purpose
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 512.33 | 5.16 | 4.5 |
| 31-Mar-22 | 522.51 | 5.24 | 2.59 |
| Amount in ₹ Crore | |||
SMC Credits Limited Incorporated In 1992, At present The Company is engaged in the business of Non-banking financial activities, duly registered with the Reserve Bank of India. The Company is not accepting public deposits. This Ltd is engaged in catering to the financial services to its customers directly through their own Compan. This SMC Credit has Investment in Shares & Loans and Advances to corporate entities and source of Income includes Dividend on Investments, Interest on Loans and Profit from Share Trading.
The company business broadly involves following processes of Customer Origination, Customer Evaluation, Credit Appraisal and approval, Loan Disbursement and Loan administration and monitoring. This Company is promoted by Focal Leasing and Credits Limited. As an NBFC they involved in providing financial services and not accepting any public deposits.
SMC Credits's net-worth as on September 30, 2022 is Rs. 4,930.74 Lakhs and March 31, 2022 was INR 4,890.17 Lakhs, compared to INR 4,631.09 Lakhs for year ending March 31, 2021.
