Aavas Financiers Profile
Key Indicators
- Authorised Capital ₹ 85.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 79.14 Cr
as on 16-11-2024
- Company Age 13 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 19,916.46 Cr
as on 16-11-2024
- Satisfied Charges ₹ 4,080.68 Cr
as on 16-11-2024
- Revenue 23.33%
(FY 2023)
- Profit 20.54%
(FY 2023)
- Ebitda 22.24%
(FY 2023)
- Net Worth 16.41%
(FY 2023)
- Total Assets 21.69%
(FY 2023)
About Aavas Financiers
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 541988 and on the National Stock Exchange(NSE) under AAVAS.
The Corporate was formerly known as Auh Housing Financiers 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 2024. It's a company limited by shares with an authorized capital of Rs 85.00 Cr and a paid-up capital of Rs 79.14 Cr.
The company currently has active open charges totaling ₹19,916.46 Cr. The company has closed loans amounting to ₹4,080.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Aavas Financiers Limited India are Ghanshyam Rawat as Cfo, Sachinderpalsingh Bhinder as Ceo, and Sharad Pathak as Company Secretary. Sandeep Tandon, Vivek Vig, Ramchandra Kamath, and Six other members serve as directors at the Company.
Industry
Company Details
- Location
Jaipur, Rajasthan, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Aavas Financiers Limited offer?
Aavas Financiers Limited offers a wide range of products and services, including Home, Auto & Other Loan Services, Loan Service Providers.
Who are the key members and board of directors at Aavas Financiers?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ghanshyam Rawat  | CFO | 01-Jun-2014 | Current |
| Sachinderpalsingh Bhinder | Managing Director | 03-May-2023 | Current |
| Sharad Pathak | Company Secretary | 03-Sep-2012 | Current |
Board Members(8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vivek Vig | Nominee Director | 14-Jul-2016 | Current |
| Soumya Rajan | Director | 29-Aug-2019 | Current |
Sandeep Tandon  | Director | 27-Jul-2017 | Current |
| Nishant Sharma | Nominee Director | 23-Jun-2016 | Current |
| Manas Tandon | Nominee Director | 23-Jun-2016 | Current |
| Ramchandra Kamath | Nominee Director | 14-Jul-2016 | Current |
Financial Performance and Corporate Structure Insights of Aavas Financiers.
Aavas Financiers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.33% increase. The company also saw a substantial improvement in profitability, with a 20.54% increase in profit. The company's net worth Soared by an impressive increase of 16.41%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Aavas Financiers?
In 2023, Aavas Financiers had a promoter holding of 39.14% and a public holding of 60.85%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 25 Jun 2024 | ₹500.00 Cr | Open |
Others Creation Date: 28 May 2024 | ₹250.00 Cr | Open |
Indian Overseas Bank Creation Date: 22 May 2024 | ₹2.97 M | Open |
How Many Employees Work at Aavas Financiers?
Aavas Financiers has a workforce of 6379 employees as of Mar 22, 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 Aavas Financiers, 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 Aavas Financiers'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.
