Act Fininvest Limited

Provides financial services, consultation, and investment management for industrial enterprises.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated:

Act Fininvest Profile

Key Indicators

  • Authorised Capital ₹ 43.98 Cr
  • Paid Up Capital ₹ 43.38 Cr
  • Company Age 35 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -33.38%
  • Profit Growth -3448.02%
  • Ebitda -36.18%
  • Net Worth -415.77%
  • Total Assets -48.40%

About Act Fininvest

Act Fininvest Limited (AFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 August 1989 and has a history of 35 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Ashok Cutting Tools Ltd. 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 43.98 Cr and a paid-up capital of Rs 43.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Act Fininvest Limited India are Sumit Panwalkar as CFO and Sneha Kotian as Company Secretary. Ambika Kothari, Prakash Shetty, Niranjan Samant, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29220MH1989PLC052987

  • Company No.

    052987

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 1989

  • Date of AGM

    15 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Act Fininvest?

Executive Team (2)

NameDesignationAppointment DateStatus
Sumit Panwalkar CFO02-Nov-2023Current
Sneha Kotian Company Secretary09-Mar-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Ambika Kothari Country flag representing In Director 18-Mar-2016Current
Prakash Shetty Country flag representing In Director 03-Oct-2022Current
Niranjan Samant Country flag representing In Director 28-Jan-2022Current
Deepak Gaikwad Country flag representing In Whole-Time Director 05-Oct-2023Current

Financial Performance of Act Fininvest.

Act Fininvest Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.38% decrease. The company also saw a substantial fall in profitability, with a 3448.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 415.77%.

Act Fininvest revenue growth over time
Act Fininvest 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
-33.38%
Revenue from Operations
-33.28%
Total Assets
-48.40%
Profit or Loss
-3448.02%
Net Worth
-415.77%
EBITDA
-36.18%

What is the Ownership and Shareholding Structure of Act Fininvest?

In 2023, Act Fininvest had a promoter holding of 100.00%. 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 Act Fininvest?

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

Employee growth trends for Act Fininvest Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Act Fininvest, 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 Act Fininvest'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 Act Fininvest

Recent activity within the organization

  • Annual General Meeting

    Act Fininvest Limited last Annual general meeting of members was held on 15 Nov 2023 as per latest MCA records.

  • Director Appointment

    Sumit Suryakant Panwalkar was appointed as a Cfo was appointed as a Cfo on 02 Nov 2023 & has been associated with this company since 1 year 4 months .

  • Director Appointment

    Deepak Dnyanu Gaikwad was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 05 Oct 2023 & has been associated with this company since 1 year 5 months .

  • Balance Sheet

    Act Fininvest Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Prakash Mahabala Shetty was appointed as a Director was appointed as a Director on 03 Oct 2022 & has been associated with this company since 2 years 5 months .

  • Director Appointment

    Sneha Sanjeeva Kotian was appointed as a Company Secretary was appointed as a Company Secretary on 09 Mar 2022 & has been associated with this company since 3 years 19 days .

Frequently asked questions

  • What is the Incorporation or founding date of Act Fininvest Limited?

    Act Fininvest Limited was incorporated on 11 Aug 1989.

  • What is authorized share capital and paid-up capital of Act Fininvest Limited?

    The authorized share capital of Act Fininvest Limited is ₹ 43.98 Cr and paid-up capital is ₹ 43.38 Cr.

  • Who are the current board members & directors of Act Fininvest Limited?

    Currently 6 directors are associated with Act Fininvest Limited.

    • Ambika Singhania Kothari
    • Prakash Mahabala Shetty
    • Niranjan Aroonkumar Samant
    • Deepak Dnyanu Gaikwad
    • Sumit Suryakant Panwalkar
    • Sneha Sanjeeva Kotian

  • What is the registered address of Act Fininvest Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Act Fininvest Limited is 3- Aurus Chambers Annex A India, Mumbai, Maharashtra, 400013.

  • What is the corporate identification number (CIN) and company number of Act Fininvest Limited?

    The corporate identification number (CIN) of Act Fininvest Limited is U29220MH1989PLC052987 and the company number is 052987 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Act Fininvest Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Act Fininvest Limited has fallen by -33.38%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Act Fininvest Limited has experienced an downturn of -415.77%.

  • When was the last Balance Sheet of Act Fininvest Limited filed with the ROC?

    The most recent Balance Sheet for Act Fininvest Limited was filed with the ROC on 31 Mar 2023.

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