Adani Finserve Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 17.05 Cr
- Company Age 8 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth -9.90%
- Profit Growth 13.69%
- Ebitda 1.54%
- Net Worth -0.48%
- Total Assets -0.35%
About Adani Finserve
Adani Finserve Private Limited (AFPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 March 2016 (Eight years and 11 months 24 days old ). Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Business Outsourcing 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 25.00 Cr and a paid-up capital of Rs 17.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Adani Finserve Private Limited India is Manish Payal as COMPANY SECRETARY. Jatin Shah and Sagar Adani serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65993GJ2016PTC086524
- Company No.
086524
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Mar 2016
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Business Outsourcing
Who are the key members and board of directors at Adani Finserve?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Payal  | Company Secretary | 08-Jun-2022 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jatin Shah | Director | 30-Mar-2017 | Current |
| Sagar Adani | Director | 02-May-2018 | Current |
Financial Performance of Adani Finserve.
Adani Finserve Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.9% decrease. The company also saw a substantial improvement in profitability, with a 13.69% increase in profit. The company's net worth dipped by a decrease of 0.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Adani Finserve?
In 2023, Adani Finserve had a promoter holding of 90.00% and a public holding of 10.00%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Adani Electricity Mumbai LimitedSagar Adani is a mutual person
Adani Digital Labs Private LimitedSagar Adani is a mutual person
Adani Green Energy Twenty Three LimitedSagar Adani is a mutual person
- Adani Dhamra Lpg Terminal Private Limited
Jatin Shah is a mutual person
- Adani Emerging Businesses Private Limited
Jatin Shah is a mutual person
- Adani Rail Infra Private Limited
Jatin Shah is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Adani Finserve?
Adani Finserve has a workforce of 1 employees as of Apr 06, 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 Adani Finserve, 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 Adani Finserve'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 Adani Finserve
Recent activity within the organization
- Annual General Meeting
Adani Finserve Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Adani Finserve Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Director Appointment
Manish Singh Payal was appointed as a Company Secretary was appointed as a Company Secretary on 08 Jun 2022 & has been associated with this company since 2 years 9 months .
- Director Appointment
Sagar Rajeshbhai Adani was appointed as a Director was appointed as a Director on 02 May 2018 & has been associated with this company since 6 years 10 months .
- Director Appointment
Jatin Champaklal Shah was appointed as a Director was appointed as a Director on 30 Mar 2017 & has been associated with this company since 7 years 11 months .
- Company Incorporation
Adani Finserve Private Limited was registered on 18 Mar 2016 with Roc Ahmedabad & aged 8 years 11 months as per MCA records.
Recent News, Updates & Announcement
- Adani Group Denies Bribery Allegations, JP Morgan Report Supports Transparency in India's Renewable Energy Sector.
Adani Group denies bribery allegations from US DoJ, says report is false. JP Morgan report also states that bribery is unlikely due to transparency in renewable energy sector in India. Adani Green Energy Ltd aware of investigation but has no relationship with third party involved. JP Morgan believes there will be no financial impact even if investigation leads to prosecution. Transparency in India's renewable energy tenders makes corruption and bribery highly unlikely. Disclaimer: This post is from an agency feed and has not been reviewed by an editor..
- 'False': Adani Group denies getting any notice from US court on bribery allegations.
Several of Adani Group’s dollar bonds fell the most in more than a year on Monday, and most of the group’s shares declined..
- US probing Indian billionaire Gautam Adani and his group over potential bribery.
Investigators are digging into whether an Adani entity, or people linked to the company including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project, said the people, who asked not to be identified discussing the confidential effort. The probe, which is also looking at Indian renewable energy company Azure Power Global Ltd., is being handled by the US Attorneys Office for the Eastern District of New York and the Justice Departments fraud unit in Washington, said people familiar with the matter. .
Frequently asked questions
What is the Incorporation or founding date of Adani Finserve Private Limited?
Adani Finserve Private Limited was incorporated on 18 Mar 2016.
What is authorized share capital and paid-up capital of Adani Finserve Private Limited?
The authorized share capital of Adani Finserve Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 17.05 Cr.
Who are the current board members & directors of Adani Finserve Private Limited?
Currently 3 directors are associated with Adani Finserve Private Limited.
- Jatin Champaklal Shah
- Sagar Rajeshbhai Adani
- Manish Singh Payal
What is the registered address of Adani Finserve Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Adani Finserve Private Limited is Adani House Near Mithakhali Six Roads, Navrangpura India, Ahmedabad, Gujarat, 380009.
What is the corporate identification number (CIN) and company number of Adani Finserve Private Limited?
The corporate identification number (CIN) of Adani Finserve Private Limited is U65993GJ2016PTC086524 and the company number is 086524 as per Ministry of Corporate Affairs (MCA).
What is the official website of Adani Finserve Private Limited?
The Official website of Adani Finserve Private Limited is https://www.adani.com
What has been the recent revenue trend for Adani Finserve Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Adani Finserve Private Limited has fallen by -9.90%.
How many employees does Adani Finserve Private Limited currently have?
As Per 2023 financial reports, 1 employees are currently employed by Adani Finserve Private Limited.
What change has been observed in the net worth of Adani Finserve Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Adani Finserve Private Limited has experienced an downturn of -0.48%.
When was the last Balance Sheet of Adani Finserve Private Limited filed with the ROC?
The most recent Balance Sheet for Adani Finserve Private Limited was filed with the ROC on 31 Mar 2023.
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