![]() | |
Type | Public |
---|---|
NSE: SUNDARMFIN BSE: 590071 | |
Industry | Financial services |
Founded | 1954 |
Founder | T.S.Santhanam |
Headquarters | , |
Key people | T. T. Srinivasaraghavan, (Managing Director & CEO) [1] |
Products | Mutual funds, Mortgage loans, Insurance, SME finance |
Revenue | ₹4,722 crore (US$660 million) (2020) [2] |
₹3,443 crore (US$480 million) (2020) [2] | |
₹805 crore (US$110 million) (2020) [2] | |
Total assets | ₹44,720 crore (US$6.3 billion) (2020) [2] |
Website | www |
Sundaram Finance Limited is an Indian financial and investment service provider, based in Chennai. The company offers consumer loans, wealth management, commercial finance, investment banking, private equity, treasury advisory, credit cards and infrastructure finance, among others. [3]
Sundaram Finance Limited was established in 1954. [4] The company is registered with the Reserve Bank of India (RBI) as a Systematically Important Deposit Accepting Non-Banking Financial Company. [5] As of December 2017, the company has a market capitalisation of ₹26,000 crore [6] and operates through more than 640 branches across the country. [7]
The company has six subsidiaries and manages assets worth ₹69 billion (US$970 million) and has over 4,000 employees as of March 2017. [8] Through various subsidiaries, the group is in the business of life insurance, asset management, private equity, corporate finance, structured finance, insurance broking, wealth management, equity broking, currency broking, commodity broking, financial advisory services, housing finance, pension fund management and health insurance. [9]
In 2017–18, Sundaram Finance demerged its non-financial investments in automotive and manufacturing businesses into a separate company called Sundaram Finance Holdings Limited (SFHL). SFHL holds minority stakes in a number of TVS Group companies including Sundaram Clayton, Turbo Energy, Wheels India, Brakes India and Axles India. [10] [11]
The six subsidiaries of Sundaram Finance are: [12]
Sundaram Finance also has a 50% stake in Royal Sundaram General Insurance, a joint venture with Ageas (40% stake) and Indian investors (10% stake). [14]
ICICI Bank Limited is an Indian financial services company with its registered office in Vadodara, Gujarat, and corporate office in Mumbai, Maharashtra. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management. The bank has a network of 5,275 branches and 15,589 ATMs across India and has a presence in 17 countries.
Reliance Capital Limited is an Indian diversified financial services holding company promoted by Reliance Anil Dhirubhai Ambani Group. Reliance Capital, a constituent of Nifty Midcap 50 and MSCI Global Small Cap Index, is a part of the Reliance Group. It is amongst India's leading and most valuable financial services companies in the private sector. As on 31 March 2017, the net worth of the company stood at Rs 16,548 crore, while its total assets as on the date stood at Rs 82,209 crore. In Fortune India 500 list of 2018, Reliance Capital was ranked as the 77th largest corporation in India with 5th rank in 'Non-Banking Finance' category.
Kotak Mahindra Bank Limited is an Indian banking & financial services company headquartered in the city of Mumbai, India. It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management.
Axis Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It sells financial services to large and mid-size companies, SMEs and retail businesses.
ING Vysya Bank was a privately owned Indian multinational bank based in Bangalore, with retail, wholesale, and private banking platforms formed from the 2002 purchase of an equity stake in Vysya Bank by the Dutch ING Group. This merger marked the first between an Indian bank and a foreign bank. Prior to this transaction, Vysya Bank had a seven-year-old strategic alliance and shareholding arrangement with erstwhile Belgian bank Banque Bruxelles Lambert, which was also acquired by ING Group in 1998.
Infrastructure Leasing & Financial Services Limited (IL&FS) is an Indian state-funded infrastructure development and finance company.
Fullerton Securities and Wealth Advisors Limited is a company headquartered in Gurgaon, India. It offers financial planning and wealth management products to mass affluent and affluent customer segments.
Geojit Financial Services Ltd. is an investment services company in India headquartered in Kochi, Kerala. It operates a network of offices across India and the Middle East. Geojit was the first company in India to launch online-trading facilities, develop franchise models of sub-broking, form joint ventures in West Asia and the first to begin commodity futures trading in pepper, cardamom, gold and silver in Bharat.
IIFL Holdings Limited d/b/a IIFL and India Infoline, is an Indian diversified financial services company headquartered in Mumbai. The organisation was founded by Nirmal Jain. IIFL and its group companies are backed by Canadian investor Prem Watsa, private equity firm General Atlantic and CDC Group, the UK Government's private equity arm. IIFL is ranked among the top seven financial conglomerates in India and as the top independent financial services firm in India in terms of market capitalisation. Nirmal Jain is the chairman of the group, while R Venkataraman is the group managing director and co-promoter.
Religare Enterprises Limited (REL) is the holding company for one of India's leading diversified financial services groups, headquartered in New Delhi, India. It offers an integrated suite of financial services through its underlying subsidiaries and operating entities, including loans to Small and Medium Enterprises (SME)'s, affordable housing finance, as well as retail broking and health insurance. REL is listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in India.
Mahindra & Mahindra Financial Services Limited (MMFSL) is a rural NBFC headquartered in Mumbai, India. It is amongst the top tractor financers in India and offers a wide range of financial products to address varied customer requirements. The NBFC has 1000+ offices spread over 1 in every 3 villages across India with a total of more than 4.7 million customers to date.
HDFC Life Insurance Company Ltd. is a long-term life insurance provider with its headquarters in Mumbai, offering individual and group insurance services and incorporated on 14 August 2000.
Bajaj Finserv Limited, a part of Bajaj Holdings & Investments Limited, is an Indian financial services company focused on lending, asset management, wealth management and insurance.
Bandhan Bank Ltd. is an Indian banking and financial services company, headquartered in Kolkata, West Bengal. Bandhan Bank is present in 34 out of 36 states and Union Territories of India. Presently Bandhan Bank has 5,596 banking outlets pan-India serving more than 2.35 crore customers.
Edelweiss Group is an investment and financial services company based in Mumbai, India. It is not backed up by any major conglomerate, co-founded by Rashesh Shah.
Aditya Birla Sun Life Asset Management Company Ltd. (ABSLAMC), formerly known as Birla Sun Life Asset Management Company Limited, is an investment managing company registered under the Securities and Exchange Board of India. It is a joint venture between the Aditya Birla Capital of India and the Sun Life Financial Inc. of Canada. The company offers sector-specific equity schemes, fund of fund schemes, hybrid and monthly income funds, debt and treasury products and offshore funds.
Capital First Ltd. was an Indian non-bank financial institution providing debt financing to small entrepreneurs, MSMEs and Indian consumers. Capital First was founded in 2012 by V. Vaidyanathan.
IIFL Wealth Management Ltd. is an Indian wealth management firm, headquartered in Mumbai, India. The company has a presence in 7 countries and 23 locations in India. It offers wealth management, asset management, portfolio management services, investment products, treasury services, estate planning and lending solutions among others. The company has been rated as A1+ by rating agencies such as CRISIL and ICRA.
Principal Mutual Fund is a daughter venture of Principal Financial Group, a global financial company, based out in Mumbai. It was previously known as PNB Mutual Fund or Principal PNB Mutual Fund. The company used to function as a joint venture between Principal Financial and Punjab National Bank.
ICICI Prudential Life Insurance Company Limited is a life insurance company in India. Established as a joint venture between ICICI Bank and Prudential Corporation Holdings Limited, ICICI Prudential Life is engaged in life insurance and asset management business. In 2016, the firm became the first insurance company in India to be listed in the domestic stock exchanges.
SFHL is the holding company for all non-financial services investments of the Sundaram Finance Group