PROJECT

NBFC’s AND MICROFINANCE

Submitted By,
XYZ
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED

Cholamandalam Investment and Finance Company Limited (Chola), incorporated

in 1978 as the financial services arm of the Murugappa Group. Chola commenced business as
an equipment financing company and has today emerged as a comprehensive financial
services provider offering vehicle finance, home loans, home equity loans, SME loans,
investment advisory services, stock broking and a variety of other financial services to
customers. Chola operates from 725 branches across India with assets under management
above INR 35,000 Crores. The subsidiaries of Chola are Cholamandalam Securities Limited
(CSEC), Cholamandalam Distribution Services Limited (CDSL) White Data Systems India
Private Limited (WDSI).

vision
The vision of Chola is to enable customers enter a better life. Chola has a growing clientele of
over 8 lakh happy customers across the nation. Ever since its inception and all through its
growth, the company has kept a clear sight of its values. The basic tenet of these values is a
strict adherence to ethics and a responsibility to all those who come within its corporate ambit
- customers, shareholders, employees and society.

VISIT: Cholamandalam

Company History - Cholamandalam Investment & Finance Company Ltd.

YEAR EVENTS 1978 - The Company promoted by the Murugappa Group was incorporated on
17th August at Chennai as a Public Limited Company. The Company leads with Hire purchase
and leasing services for acquiring industrial equipments, computers and consumer durables.

1980 - 1,00,000 shares taken up by promoters, directors, etc. 1,50,000 shares offered at par to the
public in February 1980. In 1986 - The Company offered 6,00,000 Rights equity shares of Rs 10
each linked to 4,00,000 - 15% secured redeemable non-convertible debentures of Rs 100 each in
the proportion 30 equity shares and 20 debentures: 50 equity shares held. The debentures are
redeemable at a premium of Rs 5 per debenture on the seventh year from the date of allotment of
debentures.

1990 - 8,00,000 bonus shares issued in prop. 1:2. 16,00,000 Rights equity shares issued to holders
prior to bonus issue (prem. Rs 3 per share; prop. 1:1). Additional 2,32,035 shares allotted to retain
oversubscription. Another 8,00,000 shares offered (prem. Rs 3 per share) to employees (only
15,400 shares taken up). In 1992 - The subsidiary Companies Cholamandalam Software Ltd. was
amalgamated with Cholamandalam Factoring Ltd. and Cholamandalam Housing Finance Ltd. and
Cholamandalam Lease and Hire Purchase Ltd. ceased to be the subsidiaries of the Company.
- The Company has augmented its product range by introducing "Gold Nest-Child Education
Fixed Deposit Scheme".

In 1994 - The Company made an issue of Commercial Paper to the extent of Rs.12 crores which
was rated by CRISIL as P1+, the highest rating for the issue of Commercial Paper. The Company
has already set up a Merchant Banking Division during the year under review which is expected
to contribute significantly to the product range and profits for the future. The Company
undertook to diversify into related financial services like Mutual Funds, securities trading and risk
management through subsidiaries/joint venture companies. The Company also issued through
prospectus 42,49,900 No. of equity shares of Rs 10 each at a premium of Rs 90 per share of
which 8,49,900 shares and 8,49,900 shares to banks and financial institutions. Of the balance,
8,49,900 shares were reserved for allotment on a preferential basis to NRIs. Remaining 17,00,200
shares were issued to the public 1996 - The Company signed a MOU with Guardia Royal
Exchange Insurance Group, U.K. for risk management services. Cholamadalam Factoring Ltd.,
Cholamandalam Securities Ltd. & Cholamandalam Hazard Management Ltd. are subsidiaries of
the Company.

- Cholamandalam Hazard Management Limited (CHML), a Joint Venture with M/s. Hazard
Management Limited of U.K., has commenced operations to provide advisory services in the area
of industrial risk management.

1997 - The Company's Joint Venture with Cazenove Fund Management Limited of U.K.,
Cholamandalam Cazenove AMC Limited launched its maiden mutual fund scheme in February.

- The Company has signed a Memorandum of Understanding with Guardian Royal Exchange
Insurance Group. U.K. for risk management services.

- The maiden mutual fund was launched.

1998 - The Company, the financial services arm of the Rs.2,600 crore Murugappa group and the
UK-based Guardian Royal Exchange plc have signed up a joint venture agreement to undertake
risk management consultancy.

- The Company, part of Murugappa group has opted for a dual rating, and has obtained the best
rating from ICRA.

1999 - The Company has joined hands with the world's largest insurance company, the $655bn
(assets under management) Axa S.A.-France, to enter the non-life insurance business in India.

- Cholamandalam is also in talks with Axa to forge an agreement where the premium incomes
received by both insurance ventures will be managed by its 51:49 joint venture Cholamandalam
Cazenove AMC Ltd.

2000 - New Ambadi Investments Pvt Ltd (NAIL) has acquired 35,29,959 (14.9 per cent) equity
shares of the company and consequently its present holding stands at 29,45,113 (17.32 per cent).

- ICRA has assigned an MAAA rating to the Rs. 50 crore medium term debenture programme of
the company.

- Cholamandalam Distribution Services Ltd. has become a wholly owned subsidiary of the
company effective September 28 subscribing a private placement of 15,00,000 No. of equity
shares of Rs 10 each at par of CDSL.

- Cholamandalam Distribution Services a subsidiary of Cholamandalam Investment and Finance

Company, has signed a MoU with HDFC Standard Life Insurance for distributing latter's
products. 2002

- Cholamandalam Investment & Finance Company Ltd has informed that the Board of Directors
of the Company approved the changes in the Board: (1) Appointment of Mr A Vellayan as an
Additional Director of the Company. He will be a non-executive Director on the Board.(2)
Appointment of Mr Partho S Datta Director as a Wholetime Director of the Company w e f April
01, 2002.

-Cholamandalam Investment & Finance Company Ltd has informed BSE that the Board has
issued secured redeemable non-convertible debentures and short term redeemable non convertible
debentures up to an amount of Rs 2000 million each on private placement basis to mutual
funds/institutions/banks/bodies corporate/individuals or other agencies.

Subsidiaries
Cholamandalam Securities Limited (CSEC) White Data Systems India Private
Limited (WDSI) Incorporated in April, 2015, WDSI seeks to improve reliability and quality
of freight service through innovative and integrated technology solutions to the road freight
& transport sector through its i-Loads platform. WDSI provides a holistic and comprehensive
range of services, providing tangible bene-ts to truck operators, booking agents, brokers and
load providers at an optimal price. WDSI currently operates from over 15+ branches across
India with a growing network of over 3,500 trucks, 1,700 truck drivers and 100+ load
providers. With the use of cutting edge technology solutions, the i-Load platform provides
transport service providers with new and scalable business opportunities that will lead to
increased truck utilisation, sustained growth and better economic opportunities. A wholly
owned subsidiary company of Cholamandalam Investment and Finance Company Limited,
CDSL offers full scale wealth management services to mass afuent and afuent customer
segments and is a national distributor of various investment products such as Mutual Funds,
Insurance, Bonds and Fixed Deposits. CDSL is an AMFI Registered Distributor for Mutual
Funds and a Composite Corporate Agent under IRDA for HDFC Standard Life Insurance
Company Limited and Cholamandalam MS General Insurance Company Limited. A wholly
owned subsidiary of Chola, CSEC is in the business of stock broking, -nancial products
distribution and depository participant services. HNI and retail clients get personalized
services and advice with regard to investment in equity and debt. SEBI certi-ed research team
offers in-depth company analysis that helps clients make informed investment
PRODUCTS AND SERVICES PROVIDED BY THE COMPANY
 Vehicle Finance

Home Equity Loans

Wealth Management Services

Security Service

SME Loans

Rural & Agri Loans

Home Loans

Vehicle Finance For the past 20 years, Chola has created value for its customers by
supporting them in becoming entrepreneurs in the field of commercial transportation. Chola
has financed over 750,000 customers, and increasing by over 15,000 new customers every
month. Chola enjoys a valued and stable relationship with manufacturers and dealers, one of
the key reasons, why it is a leader in the commercial vehicle segment.

Key Features:

· Loans from INR 1 lakh onwards

· Loans for both new and used vehicles
· Motor Insurance, life insurance and personal accident cover
· Relationship managers to assist you in all your loan needs
· Presence in over 577 branches across the country

Home Equity Loans

Switch to a better life! Enjoy financial freedom!

Chola believes that nothing is impossible for those who aspire to enter a better life. Loans
against your property is intended to finance all your dreams and that of your family members.
You could use the additional revenue for a multiple requirements, the choice is yours.
Key Features:
· Loans from INR 10 Lakhs up to INR 5 Crores
· Secured long term loans
· Floating rate of interest
· Exclusive products for the self-employed
· Fast track approval process
· Interest rate lower than other modes of raising funds
· Loan processing in 5-7 working days
· Transfer of existing equity loan possible
· Part pre-payment of loan facility available
· Offices in 75 branches across India

Wealth Management Services

CHOLAMANDALAM DISTRIBUTION SERVICES LIMITED (CDSL)Progress your

goals. Secure your future for the better.Cholamandalam Distribution Services Limited
(CDSL) offers a broad spectrum of specialized solutions that help both private individuals
and financial professionals to manage wealth effectively. Whether you want to build, manage
or preserve your wealth, we offer tailor-made solutions. CDSL takes the time to understand
your needs, plan a strategy and offer you the flexibility to choose from a basket of
options.Our Products:

 Mutual Funds
 Fixed deposits and bonds
 Life & General Insurance
 Home Loan

Key Features:

 Unbiased and client centric approach

 Dedicated Relationship Manager
 Risk profiling and financial planning
 Goal specific solutions

Security Service

CHOLAMANDALAM SECURITIES LIMITED (CSEC)Encouraging you to invest in a

Better FutureCSEC is a corporate member of both, the National Stock Exchange (NSE) and
Bombay Stock Exchange (BSE). Our operations include stock broking services for trading in
stock markets through our branch network, online platform and execution of financial
products like IPOs, Mutual funds, Bonds and Exchange Traded funds. We are also a
depository participant with National Securities Depository Limited (NSDL) and Central
Depository Services (India) Limited.Our Products:
 Mutual Funds
 Stock & Derivatives
 Internet broking
 Demat Services
 Exchange Traded Funds
 Bonds

Our Expertise:

 Comprehensive understanding of the investment market

 Backed by strong research and advisory skills
 Offer analyses and insights to keep your investment performance on track
 Transparency in dealing with our customers
 Multiple products and brokerage plans to suit your needs
 Successfully serviced over 100,000 customers across the nation

SME Loans

Better your business potential with SME LoansChola SME Loans are business loans created
exclusively for Small and Medium Enterprises to grow and diversify their business. Chola
offers a range of financial solutions to meet your specific short-term or long-term funding and
business expansion requirements.Explore the Possibilities!

 Loans can be used for purchasing, installing or modernizing business equipment and
other fixed assets
 Term loans can support your business expansion plans or acquisitions
 Can be used to refinance an existing debt
 Helps you stabilize your payment schedule by providing consistent payment amounts
 Provides peace of mind by maintaining your loan carrying costs when interest rates rise

Key Features:

 Loans ranging from INR 10 Lakhs up to INR 5 Crores

 Convenient repayment options
 Flexible tenure
 Floating or fixed rate of interest
 Loans for small and medium business
 Loans to any Private LTD, Partnership or Proprietorship Company
 Acceptable Collateral: Commercial Property | Residential Property | Industrial / Factory
Land and Building
Rural & Agri Loans

Sowing seeds of prosperity for a Better LifeChola is committed to supporting farmers and
agricultural businesses across the nation in facing the unforeseen challenges of the future.
Chola provides financial solutions to the farming community to help them enter a better life.
Our Relationship Managers understand their needs and help them choose the right type of
loan.Key Features:

 Loans for purchase of Tractors and farming equipments

 Quick processing and hassle-free documentation
 Convenient and easy repayment options
 Enabling ownership opportunities for the Rural-Agri class

Home Loans

Enter a Better Home. Your Home!Chola is of the belief that every family should own a
home. Chola offers home loans to suit all budgets, convenient repayment options and fast
track approval process. Chola supports your dreams of purchasing a home by offering you
guidance on choosing the right loan. We have over 577 branches across India making it easier
to service your loan needs.Our Offerings:

 Home Loans for Self construction

 Loans for purchase of plots
 Loans for purchase of ready to occupy homes
 Balance transfer of existing home loan
Last Three years financial Analysis

17-Mar 16-Mar 15-Mar

EQUITIES AND
LIABILITIES
SHAREHOLDER'S
FUNDS
Equity Share Capital 156.34 156.21 143.73
Preference Share
Capital 0 0 500
Total Share Capital 156.34 156.21 643.73
Reserves and Surplus 4,156.33 3,501.17 2,528.92
Total Reserves and
Surplus 4,156.33 3,501.17 2,528.92
Total Shareholders
Funds 4,312.67 3,657.38 3,172.66
Equity Share
Application Money 0.18 0.03 0.68
NON-CURRENT
LIABILITIES
Long Term
Borrowings 15,104.57 10,934.73 12,447.50
Other Long Term
Liabilities 196.93 82.02 42.59
Long Term
Provisions 586.21 492.77 320.56
Total Non-Current
Liabilities 15,887.71 11,509.52 12,810.64
CURRENT LIABILITIES
Short Term
Borrowings 9,102.20 11,641.49 7,027.74
Trade Payables 275.13 196.39 150.71
Other Current
Liabilities 1,056.82 728.25 645.53
Short Term
Provisions 86.44 155.25 65.26
Total Current
Liabilities 10,520.58 12,721.38 7,889.25
Total Capital And
Liabilities 30,721.14 27,888.31 23,873.23
ASSETS

NON-CURRENT ASSETS
Tangible Assets 118.13 105.41 64.72
Intangible Assets 21.95 5.91 3.61
Fixed Assets 140.08 111.32 68.33
Non-Current
Investments 192.44 64.68 60.18
Deferred Tax Assets
[Net] 315.16 281.49 183.62
Long Term Loans
And Advances 117.23 18,254.82 15,530.72
Other Non-Current
Assets 20,481.52 448.51 605.09
Total Non-Current
Assets 21,246.43 19,160.83 16,447.94
CURRENT ASSETS
Current Investments 46.1 1.89 7.3
Cash And Cash
Equivalents 486.98 490.47 340.66
Short Term Loans
And Advances 51.1 7,759.80 6,735.15
OtherCurrentAssets 8,890.53 475.32 342.17
Total Current
Assets 9,474.71 8,727.48 7,425.28
Total Assets 30,721.14 27,888.31 23,873.23
OTHER ADDITIONAL
INFORMATION
CONTINGENT LIABILITIES,
COMMITMENTS
Contingent
Liabilities 831.9 374.25 144.23

CIF VALUE OF IMPORTS

EXPENDITURE IN
FOREIGN EXCHANGE
Expenditure In
Foreign Currency 1.61 3.39 5.17
REMITTANCES IN
FOREIGN CURRENCIES
FOR DIVIDENDS
Dividend Remittance
In Foreign Currency 5.83 3.07 -
EARNINGS IN FOREIGN
EXCHANGE
FOB Value Of
Goods - - -
Other Earnings - - -
BONUS DETAILS
Bonus Equity Share
Capital 0.8 0.8 0.8