Agate Finance Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 38.83 Cr
- Company Age 28 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 20.44 Cr
- Revenue Growth -29.05%
- Profit Growth 61.79%
- Ebitda -73.55%
- Net Worth -0.86%
- Total Assets -37.53%
About Agate Finance
Agate Finance Limited (AFL) is a Public Limited Indian Non-Government Company incorporated in India on 27 February 1996 and has a history of 28 years and 11 months. Its registered office is in Namakkal, Tamil Nadu, India.
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.
Company Details
- Location
Namakkal, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- 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
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
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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.
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Charges (Loans)
₹0
₹20.44 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 20.44 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jul 2000 | State Bank Of India | ₹20.00 Cr | Satisfied |
| 18 Dec 1998 | State Bank Of India | ₹1.35 M | Satisfied |
| 28 May 1998 | State Bank Of India | ₹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
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Alerts
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