About Satya MicroCapital Limited Unlisted Shares
SATYA has adopted a unique Limited Liability Group (LLG) Model for extending loans and ensuring repayment. The company’s LLG model distributes the liability among each group member which exists only up to 10% of Loan Tenure in bi-weekly collections. Through the model, the company aims to add a social touch to lending by integrating modern technology into the Micro Finance industry.
Satya MicroCapital Limited primarily caters to women who own businesses and are looking for means of expansion. The group lending model allows groups of borrowers to share the liability and responsibility to repay loans while helping them build a strong credit profile to avail finance from traditional financial institutions.
Along with the aforementioned LLG loan product, SATYA offers a diverse range of unique Loan Products to cater to its wide client base. Furthermore, the company provides prompt, convenient, and affordable collateral-free credit to people at the bottom of the pyramid through a strong credit assessment and centralized approval system.
SATYA began its microfinance operations in January 2017. The company utilized demonetization as an opportunity to rework the business strategy through cashless transactions. SATYA is an institution built with a vision of change, and transformation and is a differentiator in the financial inclusion space its approach is well-recognized by industry experts and professionals across different sectors. It is committed to being a socially responsible organization with a focus on Health, Education, Financial Literacy, Nasha-Mukt Samaaj, Gender Equality, and Swachh Bharat. The Company is spreading social awareness messages in its area of operations.
Currently, SATYA has established 245 branches in 174 districts in 21 states (Assam, Bihar, Chandigarh, Chhattisgarh, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Jharkhand, Karnataka, Madhya Pradesh, Odisha, Pondicherry, Punjab, Rajasthan, Tamil Nadu, Tripura, Uttar Pradesh, Uttarakhand, and West Bengal).
INCORPORATION DETAILS
CIN |
U74899DL1995PLC068688 |
Registration Date |
18 May 1995 |
Category/Sub-category of the Company |
Company limited by Shares |
Address of the Registered office and contact details |
519 5th FLOOR, DLF PRIME TOWERS, Okhla Industrial Area, Phase-1, Delhi- 110020, INDIA |
Name, Address, and Contact Details of Registrar and Transfer Agent, if any |
Link Intime India Private Limited C 101, 247 parks, 1st floor, LBS Marg, Vikroli (W), Mumbai- 400 083 Tel. No.: 2225946970 |
Shareholding Pattern
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
GOJO & Company Inc. |
2,41,38,315 |
49.54% |
Vivek Tiwari |
1,16,16,200 |
23.84% |
Dia Vikas Capital Private Limited |
67,73,475 |
13.94% |