Abhishek Finlease Limited

Provides NBFC services, offering short and long term finance and investment products since 1995.

1995 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Abhishek Finlease Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 4.26 Cr
  • Company Age 30 Year, 6 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -37.80%
  • Profit Growth -8.64%
  • Ebitda 9.36%
  • Net Worth 2.60%
  • Total Assets 1.91%

About Abhishek Finlease

Abhishek Finlease Limited (AFL) is a Public Limited Indian Non-Government Company incorporated in India on 10 February 1995 and has a history of 30 years. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 538935.

The Corporate was formerly known as V.M. Shah Finlease 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 7.00 Cr and a paid-up capital of Rs 4.26 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Abhishek Finlease Limited India are Mahendrabhai Shah as CFO and Manoharbhai Chunara as Company Secretary. Vasantbalaben Shah, Sanket Shah, Mahendrabhai Shah, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    finservices.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L67120GJ1995PLC024566

  • Company No.

    024566

  • Stock Symbol

    BSE : 538935

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Abhishek Finlease?

Executive Team (2)

Name Designation Appointment Date Status
Mahendrabhai Shah Country flag representing In Managing Director 01-Apr-2010 Current
Manoharbhai Chunara Company Secretary 04-Feb-2020 Current

Board Members (4)

Name Designation Appointment Date Status
Krushang Kansara Country flag representing In Director 26-Aug-2021 Current
Vasantbalaben Shah Country flag representing In Director 21-Mar-1995 Current
Sanket Shah Country flag representing In Director 01-Aug-2006 Current
Vipulkumar Thakkari Country flag representing In Director 27-May-2019 Current

Financial Performance of Abhishek Finlease.

Abhishek Finlease Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 37.8% decrease. The company also saw a slight decrease in profitability, with a 8.64% decrease in profit. The company's net worth moved up by a moderate rise of 2.6%.

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
-37.80%
Revenue from Operations
-39.82%
Total Assets
1.91%
Profit or Loss
-8.64%
Net Worth
2.60%
EBITDA
9.36%

What is the Ownership and Shareholding Structure of Abhishek Finlease?

In 2023, Abhishek Finlease had a promoter holding of 72.74% and a public holding of 27.26%. 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 Abhishek Finlease?

Unlock and access historical data on people associated with Abhishek Finlease, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abhishek Finlease, 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 Abhishek Finlease'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 Abhishek Finlease

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Abhishek Finlease Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Krushang Vaneshbhai Kansara was appointed as a Director was appointed as a Director on 26 Aug 2021 & has been associated with this company since 3 years 5 months .

    26 Aug 2021

  • Director Appointment

    Vipulkumar Banshilal Thakkari was appointed as a Director was appointed as a Director on 27 May 2019 & has been associated with this company since 5 years 8 months .

    27 May 2019

  • Director Appointment

    Mahendrabhai Manchndlal Shah was appointed as a Managing Director was appointed as a Managing Director on 01 Apr 2010 & has been associated with this company since 14 years 10 months .

    01 Apr 2010

  • Director Appointment

    Sanket Mahendrabhai Shah was appointed as a Director was appointed as a Director on 01 Aug 2006 & has been associated with this company since 18 years 6 months .

    01 Aug 2006

Frequently asked questions

  • Abhishek Finlease Limited was incorporated on 10 Feb 1995.

  • The authorized share capital of Abhishek Finlease Limited is ₹ 7.00 Cr and paid-up capital is ₹ 4.26 Cr.

  • Currently 7 directors are associated with Abhishek Finlease Limited.

    • Vasantbalaben Mahendrabhai Shah
    • Sanket Mahendrabhai Shah
    • Mahendrabhai Manchndlal Shah
    • Vipulkumar Banshilal Thakkari
    • Krushang Vaneshbhai Kansara
    • Mahendrabhai Manchndlal Shah
    • Manoharbhai Bharatbhai Chunara
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abhishek Finlease Limited is 402 Wall Street - I Opp. Orient Club Nr. College, Ellisbridge India, Ahmedabad, Gujarat, 380006.

  • The corporate identification number (CIN) of Abhishek Finlease Limited is L67120GJ1995PLC024566 and the company number is 024566 as per Ministry of Corporate Affairs (MCA).

  • Yes, Abhishek Finlease Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Abhishek Finlease Limited is https://www.finservices.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Abhishek Finlease Limited has fallen by -37.80%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Abhishek Finlease Limited has experienced an upsurge of 2.60%.

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

People also Viewed

Similar Companies Based on NBFC