Sundaram Finance Ltd
NSE: SUNDARMFIN BSE: 590071
₹5509.50
(0.29%)
Tue, 03 Mar 2026, 11:27 am
Market Cap612.01B
PE Ratio29.51
Dividend0.64
Finance
Finance/Rental/Leasing
24.5KCompany History
1954
- The Company was incorporated on 11th August.
1961
- The Company was converted into a Public Limited.
1971
- 19,958 shares were issued as bonus shares.
1976
- 5,00,000 Bonus shares were issued in prop 1:2 to shareholders on 29th September.
1978
- 5,00,000 Bonus shares were issued in prop 1:3 to shareholders on 20th December.
1981
- The Company started equipment leasing operations.
1982
- 10,00,000 Bonus shares were issued in prop 1:2 to shareholders on 9th February.
1986
- The Company started Marketing Allwyn Nissan Vehicles.
- 30,00,000 Bonus shares were issued in prop 1:1.
1989
- The Company proposed to extend financial services in a phased manner through a subsidiary.
1990
- GIC and State Bank of Mysore agreed to participate in the equity capital of the subsidiary.
- Application was made for the approval of the Central Government.
- India Equipment Leasing Ltd was a subsidiary of the Company.
- Sundaram Finance Securities Ltd became a subsidiary of the company.
- 60,00,000 Bonus shares were issued in prop 1:2.
- Sundaram Finance Ltd promoted Sundaram Home Finance Ltd and Fiat Sundaram Auto Finance Ltd.
1993
- The Company issued 18.50% Non-Convertible debentures for Rs 8 crore on private placement basis to GIC Mutual Fund and LIC Mutual Fund.
1994
- CRISIL's top P1+ rating was awarded to the Company for issue of CPs.
1996
- The Company was awarded with the highest rating of AAA (Triple A) by CRISIL for its debenture programme.
- The Company was awarded a Certificate of Commendation by the Government of India, Income-Tax Department.
- The company issued bonus shares in the ratio of 1:3 and thereafter rights shares in the ratio of 1:4 at a premium of Rs 25/- per share.
- The Company entered into a joint venture agreement with Newton Management Limited, U K and Stewart Newton Holdings (Mauritius) Limited.
- The Company signed a letter of intent with Winterthur Swiss Insurance Company to set up a joint working group to prepare a business plan.
- Sundaram Finance Training Centre was inaugurated on 9th September.
1997
- Sundaram Finance entered into a deal with Winterthur, a leading Swiss insurance firm, to set up a general insurance company in India.
1999
- Sundaram Finance signed a memorandum of understanding with Winterthur Swiss Insurance in October 1996 to enter the general insurance business in India.
- The company issued Non-Convertible Debentures on private placement basis to the tune of Rs 123 cr.
- The Company formed a Joint Venture Company with Fidis, S.p.A, Italy - a financing arm of FIAT in the name of Fiat Sundaram Auto Finance Limited.
2000
- Sundaram Home Finance Ltd, the newly-launched venture of Sundaram Finance Ltd, entered into a strategic tie up with United India Insurance.
- ICICI, ABN Amro and the company emerged as the top three among automobile finance companies.
- India Equipment Leasing Ltd, Aparajita Finance Company Ltd, Balika Finance Co Ltd and Paramjyothi Finance Co Ltd were amalgamated with the Company.
- Sundaram Finance Ltd considered entry into the banking sector.
- Crisil reaffirmed the 'AA' rating assigned to the non-convertible debenture programme and 'FAA+' rating assigned to the fixed deposit programme of Sundaram Finance Ltd.
- Sundaram Finance launched Royal Sundaram Alliance Insurance Company Ltd.
2001
- The Company initiated moves to merge its wholly-owned subsidiary Sundaram Finance Services Ltd with itself.
2002
- SBI signed Memorandum of Understanding with the company for marketing the Insurance products.
- International Finance Corporation extended Rs.50cr loan.
- The company holds 40% equity stake in transport postal infrieght.com.
- Wheels India Ltd and Sundaram Fin made second and final offer to all the balance public equity shareholders of Axles India Ltd.
- The company slashed interest rates by 50 basis points on fixed deposits.
2003
- SHFL acquired Fiat arm from Joint Venture.
- The company used Direct Selling Agents to increase its fleet card business.
- The Madras High Court permitted the sale by Sundaram Finance Ltd, Chennai, of machinery of Coimbatore Pioneer Mills Ltd.
- The company mandated Ogilvy & Mather to carve distinct identity for its brand 'Sundaram'.
- Mr T T Srinivasaraghavan and Mr G K Raman were appointed as MD and Wholetime Director.
2004
- Sundaram Finance Ltd informed that the equity shares of the Company have been delisted from Madras Stock Exchange.
- Sundaram Fin joined hands with SBI Life.
- Sundaram Business Services, the BPO division of Sundaram Finance Ltd, forayed into the overseas market by signing a three-year contract with Australia-based Total Super Pty Ltd.
2005
- IKF Finance Ltd informed that M/s Sundaram Finance Ltd, Chennai tied up with the Company for purchase of HP/Lease Receivables Portfolio.
- Company's Chairman, Shri T S Santhanam expired on April 15, 2005.
2008
- Sri S Ravindran was appointed as an Independent Director on the Board.
- Sri S Prasad was appointed as an Independent Director on the Board.
- The Company issued Bonus Shares in the Ratio of 1:1.
2009
- Sundaram Finance appointed Sri Aroon Raman as an Independent Director on the Board.
2010
- Sundaram Finance acquired 49.90% stake in BNP Asset Management.
- Sundaram Finance appointed Sri Harsha Viji as Director (Strategy & Planning) of the company.
- Sundaram Finance introduced a fixed and cumulative deposit scheme for senior citizens.
2011
- Sundaram Finance appointed Sri P N Venkatachalam as an Independent Director on the Board of the Company.
- Sundaram Finance entered into Infrastructure Management space.
- Sundaram Fin introduced an 18-month term deposit scheme.
2012
- Sundaram Finance recommended a final dividend of Rs 8/- per share (80%).
- Sundaram Finance gave a bonus in the Ratio of 1:1.
2013
- Sundaram Business Services bagged a multi-year deal from Australia firms.
- Sundaram Infotech inked a pact with an Italian firm for ERP support.
- Sundaram bagged several deals across the US.
2014
- Sundaram Finance recommended a dividend of Rs 10/- per share (100%).
2015
- Sundaram Finance Ltd entered into an agreement with RSA Group, UK to buy its entire 26 per cent stake in Royal Sundaram Alliance Insurance Company Ltd for Rs 450 crore.
2016
- Sundaram Finance revised interest rates by 25-bps.
- Sundaram Fin's net grew 13% to 128cr.
- Sundaram Finance started seeing aggregators coming into the commercial vehicle space.
- Sundaram Finance Sunday Kutcheri in the park entered Limca Book of Records.
2017
- Sundaram Finance's April-September disbursements increased by 12.8% to Rs 7,217 Cr.
2018
- Sundaram Finance raised interest rate on fixed deposits on select maturities.
- Sundaram Finance and Ageas Insurance announced Non-Life Insurance JV SFL and associates.
- Sundaram Finance decided to divest 40% stake in Royal Sundaram.
2020
- Sundaram Finance Group and associate companies contributed Rs 20 cr to Covid-19 fund.
2023
- Sundaram Finance Limited informed the Exchange regarding the amalgamation of SAMC Services Private Limited with Sundaram Alternate Assets Limited.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800