Agate Finance Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
as on 22-12-2024
- Paid Up Capital ₹ 38.83 Cr
as on 22-12-2024
- Company Age 28 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 20.44 Cr
as on 22-12-2024
- Revenue -29.05%
(FY 2020)
- Profit 61.79%
(FY 2020)
- Ebitda -73.55%
(FY 2020)
- Net Worth -0.86%
(FY 2020)
- Total Assets -37.53%
(FY 2020)
About Agate Finance
The Corporate was formerly known as Agate Madras International Finance 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 40.00 Cr and a paid-up capital of Rs 38.83 Cr.
The company has closed loans amounting to ₹20.44 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Naina Mohamed, Ramasamy Suriyaprakasam, and Suriyaprakasam Kumar serve as directors at the Company.
- CIN/LLPIN
U65191TZ1996PLC037431
- Company No.
034633
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Feb 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Namakkal, Tamil Nadu, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Agate Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Naina Mohamed  | Managing Director | 21-May-1997 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suriyaprakasam Kumar  | Director | 01-Jan-2015 | Current |
| Ramasamy Suriyaprakasam | Director | 01-Jan-2015 | Current |
Financial Performance of Agate Finance.
Agate Finance Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 29.05% decrease. The company also saw a substantial improvement in profitability, with a 61.79% increase in profit. The company's net worth dipped by a decrease of 0.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Agate Finance?
In 2020, Agate Finance had a promoter holding of 90.95% and a public holding of 9.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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- Plus Max Infrastructure Private LimitedActive 8 years 10 months
Ramasamy Suriyaprakasam and Suriyaprakasam Kumar are mutual person
- Alzasyno Life Sciences Private LimitedActive 6 months 4 days
Ramasamy Suriyaprakasam is a mutual person
- Sultan Capital Investments Private LimitedActive 22 years 9 months
Ramasamy Suriyaprakasam and Suriyaprakasam Kumar are mutual person
- Plus Max Assets (I) Private LimitedActive 30 years 10 months
Ramasamy Suriyaprakasam and Suriyaprakasam Kumar are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 21 Jul 2000 | ₹20.00 Cr | Satisfied |
State Bank Of India Creation Date: 18 Dec 1998 | ₹1.35 M | Satisfied |
State Bank Of India Creation Date: 28 May 1998 | ₹3.00 M | Satisfied |
How Many Employees Work at Agate Finance?
Unlock and access historical data on people associated with Agate Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Agate 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 Agate Finance'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
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