Aarsh Fincon Limited

Founded in 1994 and headquartered in Rajasthan, India.

1994 | Udaipur, Rajasthan (India) | Active
Last Updated: December 24, 2024

Aarsh Fincon Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.80 Cr
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 136.66 Cr
  • Satisfied Charges ₹ 66.40 Cr
  • Revenue Growth -1.63%
  • Profit Growth -1.03%
  • Ebitda -12.47%
  • Net Worth 15.81%
  • Total Assets 2.18%

About Aarsh Fincon

Aarsh Fincon Limited (AFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 August 1994 and has a history of 30 years and five months. Its registered office is in Udaipur, Rajasthan, India.

The Corporate was formerly known as Akme Fincon Private Limited. 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 3.00 Cr and a paid-up capital of Rs 2.80 Cr.

The company currently has active open charges totaling ₹136.66 Cr. The company has closed loans amounting to ₹66.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Aarsh Fincon Limited India is Umesh Birthariya as CEO.

Company Details

  • Location

    Udaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120RJ1994PLC008642

  • Company No.

    008642

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Aug 1994

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Financial Services

Who are the key members and board of directors at Aarsh Fincon?

Executive Team (2)

Name Designation Appointment Date Status
Umesh Birthariya CEO 11-Jul-2023 Current
Anil Jain Country flag representing In Managing Director 30-Aug-1999 Current

Board Members (6)

Name Designation Appointment Date Status
Mohan Komandoor Country flag representing In Director 28-Dec-2022 Current
Praveen Jain Country flag representing In Director 30-Oct-2021 Current
Pooja Mehta Country flag representing In Director 01-Jan-2024 Current
Sanjay Gupta Country flag representing In Additional Director 09-May-2024 Current
Vimal Jain Country flag representing In Director 30-Sep-2020 Current
Shilpa Jain Country flag representing In Director 16-Sep-2017 Current

Financial Performance of Aarsh Fincon.

Aarsh Fincon Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 1.63% decrease. The company also saw a slight decrease in profitability, with a 1.03% decrease in profit. The company's net worth Soared by an impressive increase of 15.81%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-1.63%
Revenue from Operations
-1.59%
Total Assets
2.18%
Profit or Loss
-1.03%
Net Worth
15.81%
EBITDA
-12.47%

What is the Ownership and Shareholding Structure of Aarsh Fincon?

In 2022, Aarsh Fincon had a promoter holding of 43.74% and a public holding of 56.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹136.66 Cr

Satisfied Charges

₹66.40 Cr

Charges Breakdown by Lending Institutions

  • Others : 84.66 Cr
  • State Bank Of India : 27.00 Cr
  • Bank Of Baroda : 25.00 Cr

Latest Charge Details

Date Lender Amount Status
29 Nov 2024 Others ₹2.50 Cr Open
24 Oct 2024 Others ₹5.00 Cr Open
18 Oct 2024 Others ₹5.00 Cr Open
16 Oct 2024 Others ₹7.50 M Open
10 Oct 2024 Others ₹2.00 Cr Open

How Many Employees Work at Aarsh Fincon?

Unlock and access historical data on people associated with Aarsh Fincon, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aarsh Fincon, 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 Aarsh Fincon's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Aarsh Fincon

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.50 Cr with Charge ID 101010762 was registered on 29 Nov 2024.

    29 Nov 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100996303 was registered on 24 Oct 2024.

    24 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101003580 was registered on 18 Oct 2024.

    18 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100999713 was registered on 16 Oct 2024.

    16 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100996294 was registered on 10 Oct 2024.

    10 Oct 2024

  • Annual General Meeting

    Aarsh Fincon Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

Frequently asked questions

  • Aarsh Fincon Limited was incorporated on 08 Aug 1994.

  • The authorized share capital of Aarsh Fincon Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.80 Cr.

  • Currently 8 directors are associated with Aarsh Fincon Limited.

    • Praveen Kumar Jain
    • Pooja Mehta
    • Sanjay Gupta
    • Umesh Birthariya
    • Vimal Jain
    • Shilpa Jain
    • Mohan Acharya Komandoor
    • Anil Kumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aarsh Fincon Limited is Akme Business Centre (Abc) 4-5 Subcity Savina Circle, Opp. Krishi Upaz Mandi India, Udaipur, Rajasthan, 313002.

  • The corporate identification number (CIN) of Aarsh Fincon Limited is U67120RJ1994PLC008642 and the company number is 008642 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aarsh Fincon Limited is https://www.theakmegroup.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Aarsh Fincon Limited has fallen by -1.63%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Aarsh Fincon Limited has experienced an upsurge of 15.81%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Aarsh Fincon Limited amount to ₹ 136.66 Cr.

  • The most recent Balance Sheet for Aarsh Fincon Limited was filed with the ROC on 31 Mar 2024.

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