Akhshayaa Finance Bhaarath Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 6.25 Cr
- Company Age 27 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.30 Cr
- Satisfied Charges ₹ 5.09 Cr
- Revenue Growth -41.49%
- Profit Growth 99.26%
- Ebitda -85.64%
- Net Worth -7.10%
- Total Assets -0.38%
About Akhshayaa Finance Bhaarath
Akhshayaa Finance Bhaarath Limited (AFBL) is a Public Limited Indian Non-Government Company incorporated in India on 11 April 1997 and has a history of 27 years and 11 months. Its registered office is in Kanchipuram, Tamil Nadu, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 6.25 Cr.
The company currently has active open charges totaling ₹15.30 Cr. The company has closed loans amounting to ₹5.09 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pudureddiyur Jaikumar, Mahadevan Ranganathan, and Madhappan Bhaarath serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65191TN1997PLC037966
- Company No.
037966
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Apr 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
What products or services does Akhshayaa Finance Bhaarath Limited offer?
Akhshayaa Finance Bhaarath Limited offers a wide range of products and services, including Home, Auto & Other Loan Services, Business Loan, Loan Service Providers.
Who are the key members and board of directors at Akhshayaa Finance Bhaarath?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madhappan Bhaarath  | Managing Director | 11-Apr-1997 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pudureddiyur Jaikumar | Whole-Time Director | 01-Oct-2009 | Current |
| Mahadevan Ranganathan | Additional Director | 18-Nov-2022 | Current |
Financial Performance of Akhshayaa Finance Bhaarath.
Akhshayaa Finance Bhaarath Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.49% decrease. The company also saw a substantial improvement in profitability, with a 99.26% increase in profit. The company's net worth dipped by a decrease of 7.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Akhshayaa Finance Bhaarath?
In 2023, Akhshayaa Finance Bhaarath had a promoter holding of 90.22% and a public holding of 9.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Great Akhshayaa Financial Consultancy Private LimitedMahadevan Ranganathan is a mutual person
- Great Akhshaya Construction Limited
Madhappan Bhaarath is a mutual person
Charges (Loans)
Open Charges
₹15.30 Cr
Satisfied Charges
₹5.09 Cr
Charges Breakdown by Lending Institutions
- Others : 15.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Aug 2006 | Others | ₹15.30 Cr | Open |
| 09 Feb 2015 | Idbi Bank Limited | ₹1.00 M | Satisfied |
| 10 Oct 2014 | Bmw India Financial Services Private Limited | ₹4.60 M | Satisfied |
| 11 Nov 2013 | Repatriates Co-Operative Finance And Development Bank Limited | ₹1.10 Cr | Satisfied |
| 28 Sep 2013 | Toyota Financial Services India Limited | ₹1.25 M | Satisfied |
How Many Employees Work at Akhshayaa Finance Bhaarath?
Akhshayaa Finance Bhaarath has a workforce of 2 employees as of Mar 30, 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 Akhshayaa Finance Bhaarath, 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 Akhshayaa Finance Bhaarath'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 Akhshayaa Finance Bhaarath
Recent activity within the organization
- Annual General Meeting
Akhshayaa Finance Bhaarath Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Akhshayaa Finance Bhaarath Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Mahadevan Ranganathan was appointed as a Additional Director was appointed as a Additional Director on 18 Nov 2022 & has been associated with this company since 2 years 4 months .
- Charges
A charge registered on 17 Jul 2000 via Charge ID 80008599 with Others was fully satisfied on 10 Feb 2022.
- Charges
A charge with Others of Rs. 15.30 Cr registered on 02 Aug 2006 with Charge ID 10012514 was modified on 30 Sep 2021.
- Charges
A charge registered on 30 Sep 2011 via Charge ID 10310732 with Repatriates Co-Operative Finance And Development Bank Limited was fully satisfied on 18 Jan 2019.
Frequently asked questions
What is the Incorporation or founding date of Akhshayaa Finance Bhaarath Limited?
Akhshayaa Finance Bhaarath Limited was incorporated on 11 Apr 1997.
What is authorized share capital and paid-up capital of Akhshayaa Finance Bhaarath Limited?
The authorized share capital of Akhshayaa Finance Bhaarath Limited is ₹ 30.00 Cr and paid-up capital is ₹ 6.25 Cr.
Who are the current board members & directors of Akhshayaa Finance Bhaarath Limited?
Currently 3 directors are associated with Akhshayaa Finance Bhaarath Limited.
- Pudureddiyur Ranganathan Jaikumar
- Mahadevan Ranganathan
- Madhappan Ranganathan Bhaarath
What is the registered address of Akhshayaa Finance Bhaarath Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Akhshayaa Finance Bhaarath Limited is Plot No 363 First South Main Street Sree Kapaleeshwarar Nagar, Neelankarai India, Kancheepuram, Tamil Nadu, 600115.
What is the corporate identification number (CIN) and company number of Akhshayaa Finance Bhaarath Limited?
The corporate identification number (CIN) of Akhshayaa Finance Bhaarath Limited is U65191TN1997PLC037966 and the company number is 037966 as per Ministry of Corporate Affairs (MCA).
What is the official website of Akhshayaa Finance Bhaarath Limited?
The Official website of Akhshayaa Finance Bhaarath Limited is https://www.akhshayaafinance.com
What has been the recent revenue trend for Akhshayaa Finance Bhaarath Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Akhshayaa Finance Bhaarath Limited has fallen by -41.49%.
How many employees does Akhshayaa Finance Bhaarath Limited currently have?
As Per 2023 financial reports, 2 employees are currently employed by Akhshayaa Finance Bhaarath Limited.
What change has been observed in the net worth of Akhshayaa Finance Bhaarath Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Akhshayaa Finance Bhaarath Limited has experienced an downturn of -7.10%.
What are the total open charges for Akhshayaa Finance Bhaarath Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Akhshayaa Finance Bhaarath Limited amount to ₹ 15.30 Cr.
When was the last Balance Sheet of Akhshayaa Finance Bhaarath Limited filed with the ROC?
The most recent Balance Sheet for Akhshayaa Finance Bhaarath Limited was filed with the ROC on 31 Mar 2024.
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