
Capital Structure
SONATA’s Shareholding Structure
SONATA’s shares are presently held with four individual promoters and one institutional promoter. While majority of the shares are held with Bellwether Micro Finance Fund, the individual promoters enjoy considerable share in shareholding.
SONATA’s shareholding structure as of January 31, 2008
Name |
Date Of Investment |
Individual promoters |
January 7, 2006 & March 31, 2006 |
Bellwether Fund |
January 7, 2006, March 31, 2006 & July 12, 2007 |
Bellwether has invested in SONATA, in accordance with its policy to invest in promising start up and support the growth. Bellwether also provides mentoring support and technical assistance in areas including capacity building, governance, systems, legal and statutory compliance.
Funding Details
The financial position of SONATA
SONATA primarily borrows funds to meet up its on lending requirement. Most of the borrowed funds are secured term loan. As on date, twice, SONATA has been offered for the Partnership Model, but both times SONATA has refused to take the route of the Partnership. SONATA has so far borrowed funds from the following financial institutions::
Friends Of Women World's Bank |
HDFC Bank |
ABN-AMRO Bank |
Bellwether Micro-Finance |
ICICI Bank |
AXIS Bank |
SIDBI Bank |
DCB |
YES Bank |