About
About SSPN Finance
A Mumbai company that lends its own capital in small amounts to businesses that banks do not reach.
Who we are
SSPN Finance Limited was incorporated on 4 January 2012 under the Companies Act, 1956 and listed its equity shares on the BSE SME Platform in 2015. The company lends to small vendors and small business owners in ticket sizes that formal lenders rarely underwrite, and earns interest at rates set by its Board. It also provides project and corporate finance advisory and holds a small portfolio of long-term investments.
The company is funded by shareholders’ equity of ₹4.41 crore and unsecured borrowings from corporates and individuals. It has no subsidiaries, no associates and no joint ventures.
Journey
Recorded by date
Governance
How we are governed
The Board has constituted an Audit Committee, a Nomination and Remuneration Committee and a Stakeholders Relationship Committee under the Companies Act, 2013. As a company listed on the SME platform, SSPN Finance is exempt from the corporate-governance provisions of Chapter IV of the SEBI (LODR) Regulations, 2015 under Regulation 15(2), and applies the Companies Act framework. Statutory, secretarial and internal audits are conducted annually by independent practitioners. Full composition and policies are on the Board and Investor Relations pages.