Action Financial Services (India) Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 13.33 Cr
- Company Age 32 Year, 5 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 1.27 Cr
- Satisfied Charges ₹ 5.34 Cr
- Revenue Growth 3.97%
- Profit Growth 126.04%
- Ebitda 302.68%
- Net Worth 0.74%
- Total Assets -5.93%
About Action Financial Services (India)
Action Financial Services (India) Ltd (AFSIL) is a Public Limited Indian Non-Government Company incorporated in India on 01 October 1992 and has a history of 32 years and five months. Its registered office is in Mumbai, Maharashtra.
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 2019. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 13.33 Cr.
The company currently has active open charges totaling ₹1.27 Cr. The company has closed loans amounting to ₹5.34 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Action Financial Services (India) Ltd India is Bakul Parekh as CFO. Milan Parekh, Bakul Parekh, and Harbhajan Dhillon serve as directors at the Company.
Company Details
- Location Mumbai, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L65944MH1992PLC068879
- Company No.
068879
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Oct 1992
- Date of AGM
27 Sep 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Financial Services
What products or services does Action Financial Services (India) Ltd offer?
Action Financial Services (India) Ltd offers a wide range of products and services, including Corporate Finance & Leasing Advisors, Fund Management Services.
Who are the key members and board of directors at Action Financial Services (India)?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Milan Parekh  | Managing Director | 01-Oct-2007 | Current |
| Bakul Parekh | Managing Director | 01-Oct-1992 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Harbhajan Dhillon | Director | 01-Aug-2012 | Current |
Financial Performance of Action Financial Services (India).
Action Financial Services (India) Ltd, for the financial year ended 2019, experienced modest growth in revenue, with a 3.97% increase. The company also saw a substantial improvement in profitability, with a 126.04% increase in profit. The company's net worth moved up by a moderate rise of 0.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Action Financial Services (India)?
In 2019, Action Financial Services (India) had a promoter holding of 38.08% and a public holding of 61.92%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Action Commodities LimitedMilan Parekh and Bakul Parekh are mutual person
- Action Securities Limited
Milan Parekh and Bakul Parekh are mutual person
Charges (Loans)
Open Charges
₹1.27 Cr
Satisfied Charges
₹5.34 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 1.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2011 | Bank Of India | ₹1.27 Cr | Open |
| 22 Dec 2005 | Icici Bank Limited | ₹5.00 M | Satisfied |
| 29 Sep 2004 | Progressive Co-Op Bank Limited | ₹2.50 M | Satisfied |
| 08 Jun 2001 | Bank Of India | ₹4.25 Cr | Satisfied |
| 25 Nov 1997 | Bank Of India | ₹1.00 M | Satisfied |
How Many Employees Work at Action Financial Services (India)?
Action Financial Services (India) has a workforce of 26 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Action 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 Action Financial Services (India)'s trajectory.
Rating
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
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 Action Financial Services (India)
Recent activity within the organization
- Annual General Meeting
Action Financial Services (India) Ltd last Annual general meeting of members was held on 27 Sep 2019 as per latest MCA records.
- Balance Sheet
Action Financial Services (India) Ltd has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.
- Charges
A charge with Bank Of India of Rs. 1.27 Cr registered on 22 Nov 2011 with Charge ID 10319956 was modified on 27 Jun 2017.
- Charges
A charge registered on 22 Dec 2005 via Charge ID 80067384 with Icici Bank Limited was fully satisfied on 24 Apr 2015.
- Charges
A charge registered on 08 Jun 2001 via Charge ID 90161039 with Bank Of India was fully satisfied on 06 Aug 2012.
- Director Appointment
Harbhajan Singh J Dhillon was appointed as a Director was appointed as a Director on 01 Aug 2012 & has been associated with this company since 12 years 7 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Action Financial Services (India) Ltd?
Action Financial Services (India) Ltd was incorporated on 01 Oct 1992.
What is authorized share capital and paid-up capital of Action Financial Services (India) Ltd?
The authorized share capital of Action Financial Services (India) Ltd is ₹ 15.00 Cr and paid-up capital is ₹ 13.33 Cr.
Who are the current board members & directors of Action Financial Services (India) Ltd?
Currently 4 directors are associated with Action Financial Services (India) Ltd.
- Milan Ramniklal Parekh
- Bakul Ramniklal Parekh
- Harbhajan Singh J Dhillon
- Bakul Ramniklal Parekh
What is the registered address of Action Financial Services (India) Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Action Financial Services (India) Ltd is 46 47 6Th Floor Rajgir Chambers 12/14 Shahid Bhagat Singh Road Opp.Old Custom House, F Ort India, Mumbai, Maharashtra, 400023.
What is the corporate identification number (CIN) and company number of Action Financial Services (India) Ltd?
The corporate identification number (CIN) of Action Financial Services (India) Ltd is L65944MH1992PLC068879 and the company number is 068879 as per Ministry of Corporate Affairs (MCA).
What is the official website of Action Financial Services (India) Ltd?
The Official website of Action Financial Services (India) Ltd is https://www.actionfin.com
What has been the recent revenue trend for Action Financial Services (India) Ltd?
According to the financial reports for the fiscal year 2019, the revenue trend for Action Financial Services (India) Ltd has risen by 3.97%.
How many employees does Action Financial Services (India) Ltd currently have?
As Per 2019 financial reports, 26 employees are currently employed by Action Financial Services (India) Ltd.
What change has been observed in the net worth of Action Financial Services (India) Ltd, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Action Financial Services (India) Ltd has experienced an upsurge of 0.74%.
What are the total open charges for Action Financial Services (India) Ltd?
As per the financial statements for fiscal Year 2019, The total open charges for Action Financial Services (India) Ltd amount to ₹ 1.27 Cr.
When was the last Balance Sheet of Action Financial Services (India) Ltd filed with the ROC?
The most recent Balance Sheet for Action Financial Services (India) Ltd was filed with the ROC on 31 Mar 2019.
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