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Company Information

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SATIN CREDITCARE NETWORK LTD.

07 August 2026 | 12:00

Industry >> Micro Finance Institutions

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ISIN No INE836B01017 BSE Code / NSE Code 539404 / SATIN Book Value (Rs.) 259.24 Face Value 10.00
Bookclosure 05/08/2020 52Week High 274 EPS 30.07 P/E 7.71
Market Cap. 2560.50 Cr. 52Week Low 133 P/BV / Div Yield (%) 0.89 / 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.
2020 -The company issued rights shares of Rs. 10 in the ratio of 48:125 at a premium of Rs. 50 per share. 2021 -"Satin Creditcare Network Limited Completes First Call on Rights Issue". 2023 -"Satin Creditcare Bags the Best Innovative Financial Accessibility Model for WASH Award ". -"Satin Creditcare Network Limited (SCNL) Wins Skoch Award for Loan Management System Excellence". -"Satin Creditcare Network Ltd Receives the Best Operational Excellence Initiative of the Year Award (NBFC/HFC/MFI)". -"Satin Creditcare Network Ltd Completes the Merger of the Wholly Owned Subsidiaries in MSME and Business Correspondent Services". 2024 -"Satin Creditcare Awarded Gold in Client Protection Certification".