Abirami Financial Services (India) Limited

Provides financing and investment services, including hire purchase, leasing, and lending against securities and property.

1993 | Chennai, Tamil Nadu (India) | Active
Last Updated: June 24, 2024

Abirami Financial Services (India) Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 5.40 Cr
  • Company Age 31 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth 4179.27%
  • Profit Growth 7909.74%
  • Ebitda -119.98%
  • Net Worth 188.50%
  • Total Assets 237.74%

About Abirami Financial Services (India)

Abirami Financial Services (India) Limited (AFSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 April 1993 and has a history of 31 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 511756.

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 12.00 Cr and a paid-up capital of Rs 5.40 Cr.

The company has closed loans amounting to ₹1.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Abirami Financial Services (India) Limited India are Devaraj Parthiban as CFO and Raju Jat as Company Secretary. Muthulakshmi, Chitra Sivaramakrishnan, Aiyappan Visweswaran, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    afslindia.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L65993TN1993PLC024861

  • Company No.

    024861

  • Stock Symbol

    BSE : 511756

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Apr 1993

  • Date of AGM

    11 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Abirami Financial Services (India)?

Executive Team (2)

NameDesignationAppointment DateStatus
Devaraj Parthiban CFO01-Aug-2022Current
Raju Jat Country flag representing In Company Secretary11-Jul-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Muthulakshmi Country flag representing In Director 31-Mar-2015Current
Chitra Sivaramakrishnan Country flag representing In Whole-Time Director 01-Aug-2022Current
Aiyappan Visweswaran Country flag representing In Director 19-Apr-1993Current
Revathi Sureshkumar Country flag representing In Director 30-Sep-2021Current
Munjurpet Gopu Country flag representing In Director 20-Jun-2016Current
Arunachalam Sabesan Country flag representing In Director 30-Sep-2021Current

Financial Performance of Abirami Financial Services (India).

Abirami Financial Services (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 4179.27% increase. The company also saw a substantial improvement in profitability, with a 7909.74% increase in profit. The company's net worth Soared by an impressive increase of 188.5%.

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
4179.27%
Revenue from Operations
Total Assets
237.74%
Profit or Loss
7909.74%
Net Worth
188.50%
EBITDA
-119.98%

What is the Ownership and Shareholding Structure of Abirami Financial Services (India)?

In 2022, Abirami Financial Services (India) had a promoter holding of 59.08% and a public holding of 40.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.00 Cr

Charges Breakdown by Lending Institutions

  • Bharat Overseas Bank Ltd. : 0.50 Cr
  • Lakshmi Vilas Bank Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
26 Dec 1994Lakshmi Vilas Bank Limited₹5.00 MSatisfied
08 Jul 1994Bharat Overseas Bank Ltd.₹5.00 MSatisfied

How Many Employees Work at Abirami Financial Services (India)?

Unlock and access historical data on people associated with Abirami Financial Services (India), 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 Abirami Financial Services (India), 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 Abirami Financial Services (India)'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 Abirami Financial Services (India)

Recent activity within the organization

  • Annual General Meeting

    Abirami Financial Services (India) Limited last Annual general meeting of members was held on 11 Sep 2023 as per latest MCA records.

    11 Sep 2023

  • Balance Sheet

    Abirami Financial Services (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Chitra Sivaramakrishnan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Aug 2022 & has been associated with this company since 2 years 6 months .

    01 Aug 2022

  • Director Appointment

    Devaraj Parthiban was appointed as a Cfo was appointed as a Cfo on 01 Aug 2022 & has been associated with this company since 2 years 6 months .

    01 Aug 2022

  • Charges

    A charge registered on 08 Jul 1994 via Charge ID 90283561 with Bharat Overseas Bank Ltd. was fully satisfied on 23 Dec 2020.

    23 Dec 2020

  • Charges

    A charge registered on 26 Dec 1994 via Charge ID 90283593 with Lakshmi Vilas Bank Limited was fully satisfied on 22 Jan 2020.

    22 Jan 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Abirami Financial Services (India) Limited was incorporated on 19 Apr 1993.

  • The authorized share capital of Abirami Financial Services (India) Limited is ₹ 12.00 Cr and paid-up capital is ₹ 5.40 Cr.

  • Currently 8 directors are associated with Abirami Financial Services (India) Limited.

    • Muthulakshmi
    • Chitra Sivaramakrishnan
    • Aiyappan Kallidaikuruchi Visweswaran
    • Devaraj Parthiban
    • Revathi Sureshkumar
    • Raju Lal Jat
    • Munjurpet Bhaskar Gopu
    • Arunachalam Kanaga Sabesan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abirami Financial Services (India) Limited is Capital Place Old No.50 New No.16 South Boag Road, T. Nagar ., Chennai, Tamil Nadu, India, 600017.

  • The corporate identification number (CIN) of Abirami Financial Services (India) Limited is L65993TN1993PLC024861 and the company number is 024861 as per Ministry of Corporate Affairs (MCA).

  • Yes, Abirami Financial Services (India) Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Abirami Financial Services (India) Limited is https://www.afslindia.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Abirami Financial Services (India) Limited has risen by 4179.27%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Abirami Financial Services (India) Limited has experienced an upsurge of 188.50%.

  • The most recent Balance Sheet for Abirami Financial Services (India) Limited was filed with the ROC on 31 Mar 2023.

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