Abt Finance Limited

Provides loans to individuals as a Non-Banking Financial Company (NBFC).

1985 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Abt Finance Profile

Key Indicators

  • Authorised Capital ₹ 8.10 Cr
  • Paid Up Capital ₹ 7.50 Cr
  • Company Age 39 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.60 Cr
  • Satisfied Charges ₹ 108.84 Cr
  • Revenue Growth 31.75%
  • Profit Growth -332.91%
  • Ebitda -41.14%
  • Net Worth -0.67%
  • Total Assets 1.66%

About Abt Finance

Abt Finance Limited (AFL) is a Public Limited Indian Non-Government Company incorporated in India on 25 March 1985 and has a history of 39 years and 11 months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Anamallais Investments 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 8.10 Cr and a paid-up capital of Rs 7.50 Cr.

The company currently has active open charges totaling ₹14.60 Cr. The company has closed loans amounting to ₹108.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ragothaman Sethumadhava, Sundaraswamy Veluswamy, and Shruthi Balasubramaniam serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921TZ1985PLC001575

  • Company No.

    001575

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Mar 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

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

Board Members (3)

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

Financial Performance 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%.

Abt Finance revenue growth over time
Abt Finance 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
31.75%
Revenue from Operations
31.75%
Total Assets
1.66%
Profit or Loss
-332.91%
Net Worth
-0.67%
EBITDA
-41.14%

What is the Ownership and Shareholding Structure of Abt Finance?

In 2023, Abt Finance had a promoter holding of 84.00% and a public holding of 16.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.60 Cr

Satisfied Charges

₹108.84 Cr

Charges Breakdown by Lending Institutions

  • M/S. The Nedunquadi Bank Limited : 6.50 Cr
  • Others : 5.00 Cr
  • M/S. Canara Bank : 3.10 Cr

Latest Charge Details

DateLenderAmountStatus
16 Nov 2021Others₹5.00 CrOpen
31 Mar 2000M/S. The Nedunquadi Bank Limited₹6.50 CrOpen
21 Dec 1998M/S. Canara Bank₹3.10 CrOpen
28 Dec 2016Lakshmi Vilas Bank Limited₹4.77 CrSatisfied
11 Jul 2016Lakshmi Vilas Bank Limited₹10.00 CrSatisfied

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 growth trends for Abt Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abt 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 Abt 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 Abt Finance

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

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

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Abt Finance Limited?

    Abt Finance Limited was incorporated on 25 Mar 1985.

  • What is authorized share capital and paid-up capital of Abt Finance Limited?

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

  • Who are the current board members & directors of Abt Finance Limited?

    Currently 3 directors are associated with Abt Finance Limited.

    • Ragothaman Rao Sethumadhava
    • Sundaraswamy Veluswamy
    • Shruthi Balasubramaniam

  • What is the registered address of Abt Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Abt Finance Limited is 180Race Course Road India, Coimbatore, Tamil Nadu, 641018.

  • What is the corporate identification number (CIN) and company number of Abt Finance Limited?

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

  • What has been the recent revenue trend for Abt Finance Limited?

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

  • What change has been observed in the net worth of Abt Finance Limited, and by what percentage?

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

  • What are the total open charges for Abt Finance Limited?

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

  • When was the last Balance Sheet of Abt Finance Limited filed with the ROC?

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

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