Aastamangalam Finance Limited

Recovers overdue receivables as a NBFC-ND listed on Bombay Stock Exchange.

1985 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 04, 2025

Aastamangalam Finance Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 8.91 Cr
  • Company Age 40 Year, 5 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -2.38%
  • Profit Growth 54.20%
  • Ebitda 66.68%
  • Net Worth 3.35%
  • Total Assets 3.87%

About Aastamangalam Finance

Aastamangalam Finance Limited (AFL) is a Public Limited Indian Non-Government Company incorporated in India on 25 January 1985 and has a history of 40 years. Its registered office is in Chennai, Tamil Nadu.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 511764.

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 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 8.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Aastamangalam Finance Limited India are Seshmalji Mohankumar as CEO and Binod Chowdhury as Company Secretary. Bhavika Jain, Khushbu Jain, Rekha Jain, and Two other members serve as directors at the Company.

Company Details

  • Location
    Chennai, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65191TN1985PLC011503

  • Company No.

    011503

  • Stock Symbol

    BSE : 511764

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Jan 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Aastamangalam Finance?

Executive Team (2)

Name Designation Appointment Date Status
Seshmalji Mohankumar CEO 01-Sep-2022 Current
Binod Chowdhury Company Secretary 20-Aug-2024 Current

Board Members (5)

Name Designation Appointment Date Status
Khushbu Jain Country flag representing In Director 04-Oct-2017 Current
Bhavika Jain Country flag representing In Director 04-Oct-2017 Current
Rekha Jain Country flag representing In Director 04-Oct-2017 Current
Bharat Dughar Country flag representing In Director 30-Sep-2022 Current
Jadav Jain Country flag representing In Director 30-Jul-2022 Current

Financial Performance of Aastamangalam Finance.

Aastamangalam Finance Limited, for the financial year ended 2019, experienced Minor drop in revenue, with a 2.38% decrease. The company also saw a substantial improvement in profitability, with a 54.2% increase in profit. The company's net worth moved up by a moderate rise of 3.35%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-2.38%
Revenue from Operations
-2.38%
Total Assets
3.87%
Profit or Loss
54.20%
Net Worth
3.35%
EBITDA
66.68%

What is the Ownership and Shareholding Structure of Aastamangalam Finance?

In 2019, Aastamangalam Finance had a promoter holding of 53.46% and a public holding of 46.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Aastamangalam Finance?

Aastamangalam Finance has a workforce of 2 employees as of Mar 31, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aastamangalam 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 Aastamangalam Finance's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Aastamangalam Finance

Recent activity within the organization

  • Annual General Meeting

    Aastamangalam Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Binod Kumar Chowdhury was appointed as a Company Secretary was appointed as a Company Secretary on 20 Aug 2024 & has been associated with this company since 5 months 12 days .

    20 Aug 2024

  • Balance Sheet

    Aastamangalam Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Bharat Kumar Dughar was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 4 months .

    30 Sep 2022

  • Director Appointment

    Seshmalji Mohankumar was appointed as a Ceo was appointed as a Ceo on 01 Sep 2022 & has been associated with this company since 2 years 5 months .

    01 Sep 2022

  • Director Appointment

    Jadav Chand Jain Akash Jain was appointed as a Director was appointed as a Director on 30 Jul 2022 & has been associated with this company since 2 years 6 months .

    30 Jul 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Aastamangalam Finance Limited was incorporated on 25 Jan 1985.

  • The authorized share capital of Aastamangalam Finance Limited is ₹ 20.00 Cr and paid-up capital is ₹ 8.91 Cr.

  • Currently 7 directors are associated with Aastamangalam Finance Limited.

    • Bhavika M Jain
    • Khushbu Mohan Kumar Jain
    • Rekha M Jain
    • Bharat Kumar Dughar
    • Jadav Chand Jain Akash Jain
    • Seshmalji Mohankumar
    • Binod Kumar Chowdhury
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aastamangalam Finance Limited is No.51 Hunters Road, Choolai India, Chennai, Tamil Nadu, 600112.

  • The corporate identification number (CIN) of Aastamangalam Finance Limited is L65191TN1985PLC011503 and the company number is 011503 as per Ministry of Corporate Affairs (MCA).

  • Yes, Aastamangalam Finance Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Aastamangalam Finance Limited is https://www.upasanafinance.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Aastamangalam Finance Limited has fallen by -2.38%.

  • As Per 2019 financial reports, 2 employees are currently employed by Aastamangalam Finance Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Aastamangalam Finance Limited has experienced an upsurge of 3.35%.

  • The most recent Balance Sheet for Aastamangalam Finance Limited was filed with the ROC on 31 Mar 2024.

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