121 Finance Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.38 Cr
- Company Age 40 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 60.77 Cr
- Satisfied Charges ₹ 44.43 Cr
- Revenue Growth 22.81%
- Profit Growth -20.07%
- Ebitda 22.33%
- Net Worth 3.34%
- Total Assets 50.76%
About 121 Finance
121 Finance Private Limited (1FPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 June 1984 and has a history of 40 years and eight months. Its registered office is in Jaipur, Rajasthan, India.
The Corporate was formerly known as Yerrow Finance And Investments Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.38 Cr.
The company currently has active open charges totaling ₹60.77 Cr. The company has closed loans amounting to ₹44.43 Cr, as per Ministry of Corporate Affairs (MCA) records.
Lalit Jain, Pratap Verma, Satya Modani, and One other member serve as directors at the Company.
Company Details
- Location
Jaipur, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999RJ1984PTC090806
- Company No.
311278
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Jun 1984
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
Who are the key members and board of directors at 121 Finance?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lalit Jain  | Director | 01-Jan-2018 | Current |
| Pratap Verma | Director | 09-Aug-2019 | Current |
| Satya Modani | Director | 08-Jul-2015 | Current |
| Ravi Modani | Director | 06-Feb-2015 | Current |
Financial Performance of 121 Finance.
121 Finance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.81% increase. The company also saw a substantial fall in profitability, with a 20.07% decrease in profit. The company's net worth moved up by a moderate rise of 3.34%.
- Key Matrics
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What is the Ownership and Shareholding Structure of 121 Finance?
In 2023, 121 Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kvco Services Private LimitedLalit Jain is a mutual person
Digamber Capfin LtdLalit Jain is a mutual person
Gaurishambhu Tradecom LlpLalit Jain and Ravi Modani are mutual person
- Lending Solutions India Private Limited
Lalit Jain and Ravi Modani are mutual person
- Vks Enterprises Llp
Ravi Modani is a mutual person
- Topstar Tie-Up Llp
Ravi Modani is a mutual person
Charges (Loans)
₹60.77 Cr
₹44.43 Cr
Charges Breakdown by Lending Institutions
- Others : 53.71 Cr
- State Bank Of India : 7.00 Cr
- Hdfc Bank Limited : 0.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Oct 2023 | Others | ₹5.00 Cr | Open |
| 20 Jun 2023 | Others | ₹20.00 Cr | Open |
| 25 Feb 2023 | State Bank Of India | ₹7.00 Cr | Open |
| 20 Oct 2022 | Others | ₹2.00 Cr | Open |
| 14 Jun 2022 | Others | ₹20.00 Cr | Open |
How Many Employees Work at 121 Finance?
121 Finance has a workforce of 0 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of 121 Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped 121 Finance's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
