Abt Finance Limited

Abt Finance Limited

Provides loans to individuals as a Non-Banking Financial Company (NBFC).
1985 | Coimbatore, Tamil Nadu (India) | Active

Last Updated:

July 02, 2024
HomeCompanyAbt Finance Limited

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

Board Members(3)

NameDesignationAppointment DateStatus
Ragothaman Sethumadhava In Director 01-Feb-2016Current
Shruthi Balasubramaniam In Director 02-Feb-2016Current
Sundaraswamy Veluswamy In Director 01-Feb-2016Current

Financial Performance and Corporate Structure Insights of Abt Finance.

Abt Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.75% increase. The company also saw a substantial fall in profitability, with a 332.91% decrease in profit. The company's net worth dipped by a decrease of 0.67%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
31.75%
Revenue from Operations
31.75%
Total Assets
1.66%
Profit or Loss
-332.91%
Net Worth
-0.67%
EBITDA
-41.14%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹14.60 Cr

₹108.84 Cr

LenderAmountStatus

Others

Creation Date: 16 Nov 2021
₹5.00 CrOpen

M/S. The Nedunquadi Bank Limited

Creation Date: 31 Mar 2000
₹6.50 CrOpen

M/S. Canara Bank

Creation Date: 21 Dec 1998
₹3.10 CrOpen

How Many Employees Work at Abt Finance?

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

Employee Graph

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Latest Updates, News, and FAQs on Abt Finance

Recent activity within the organization

  • Annual General Meeting

    Abt Finance Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Abt Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100505332 was registered on 16 Nov 2021.

    16 Nov 2021

  • Charges

    A charge registered on 28 Dec 2016 via Charge ID 100076414 with Lakshmi Vilas Bank Limited was fully satisfied on 11 Nov 2020.

    11 Nov 2020

  • Charges

    A charge registered on 11 Jul 2016 via Charge ID 100050804 with Lakshmi Vilas Bank Limited was fully satisfied on 11 Nov 2020.

    11 Nov 2020

  • Charges

    A charge with Lakshmi Vilas Bank Limited of Rs. 4.77 Cr registered on 28 Dec 2016 with Charge ID 100076414 was modified on 19 Jan 2018.

    19 Jan 2018

Frequently asked questions

  • Abt Finance Limited was incorporated on 25 Mar 1985.

  • The authorized share capital of Abt Finance Limited is ₹ 8.10 Cr and paid-up capital is ₹ 7.50 Cr.

  • Currently 3 directors are associated with Abt Finance Limited.

    • Shruthi Balasubramaniam
    • Sundaraswamy Veluswamy
    • Ragothaman Rao Sethumadhava
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abt Finance Limited is 180Race Course Road Coimbatore, Tamil Nadu, India, 641018.

  • The corporate identification number (CIN) of Abt Finance Limited is U65921TZ1985PLC001575 and the company number is 001575 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Abt Finance Limited has risen by 31.75%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Abt Finance Limited has experienced an downturn of -0.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Abt Finance Limited amount to ₹ 14.60 Cr.

  • The most recent Balance Sheet for Abt Finance Limited was filed with the ROC on 31 Mar 2023.

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