Altitude Finvest Limited

Provides financial leasing services for various goods and properties since 1986.

1986 | Surat, Gujarat (India) | Active
Last Updated:

Altitude Finvest Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.50 Cr
  • Company Age 38 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.30 Cr
  • Revenue Growth -38.21%
  • Profit Growth -19.36%
  • Ebitda -14.47%
  • Net Worth 0.13%
  • Total Assets -1.32%

About Altitude Finvest

Altitude Finvest Limited (AFL) is a Public Limited Indian Non-Government Company incorporated in India on 23 October 1986 and has a history of 38 years and five months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Hare Krishna Leasing And Finance 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 6.00 Cr and a paid-up capital of Rs 5.50 Cr.

The company has closed loans amounting to ₹1.30 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ravindra Gupta, Sumit Somani, Afaque Ahmed, and One other member serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910GJ1986PLC009106

  • Company No.

    009106

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 1986

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Altitude Finvest?

Board Members (4)

NameDesignationAppointment DateStatus
Afaque Ahmed Country flag representing In Director 15-Jun-2020Current
Ravindra Gupta Country flag representing In Director 21-Apr-2016Current
Sumit Somani Country flag representing In Director 21-Apr-2016Current
Ruchir Gandhi Country flag representing In Director 21-Apr-2016Current

Financial Performance of Altitude Finvest.

Altitude Finvest Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 38.21% decrease. The company also saw a substantial fall in profitability, with a 19.36% decrease in profit. The company's net worth moved up by a moderate rise of 0.13%.

Altitude Finvest revenue growth over time
Altitude Finvest 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
-38.21%
Revenue from Operations
-39.13%
Total Assets
-1.32%
Profit or Loss
-19.36%
Net Worth
0.13%
EBITDA
-14.47%

What is the Ownership and Shareholding Structure of Altitude Finvest?

In 2024, Altitude Finvest had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.30 Cr

Charges Breakdown by Lending Institutions

  • Others : 1.30 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2019Others₹8.00 MSatisfied
17 Dec 2017Others₹5.00 MSatisfied

How Many Employees Work at Altitude Finvest?

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

Employee growth trends for Altitude Finvest Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Altitude Finvest, 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 Altitude Finvest'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 Altitude Finvest

Recent activity within the organization

  • Annual General Meeting

    Altitude Finvest Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Altitude Finvest Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 29 Aug 2019 via Charge ID 100290842 with Others was fully satisfied on 25 Oct 2020.

  • Director Appointment

    Afaque Ahmed was appointed as a Director was appointed as a Director on 15 Jun 2020 & has been associated with this company since 4 years 9 months .

  • Charges

    A charge with Others amounted to Rs. 0.80 Cr with Charge ID 100290842 was registered on 29 Aug 2019.

  • Charges

    A charge registered on 17 Dec 2017 via Charge ID 100146587 with Others was fully satisfied on 24 Dec 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Altitude Finvest Limited?

    Altitude Finvest Limited was incorporated on 23 Oct 1986.

  • What is authorized share capital and paid-up capital of Altitude Finvest Limited?

    The authorized share capital of Altitude Finvest Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.50 Cr.

  • Who are the current board members & directors of Altitude Finvest Limited?

    Currently 4 directors are associated with Altitude Finvest Limited.

    • Ravindra Omprakash Gupta
    • Sumit Kailash Somani
    • Afaque Ahmed
    • Ruchir Paresh Gandhi

  • What is the registered address of Altitude Finvest Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Altitude Finvest Limited is 101 1St Floor Thakordwar Society-3 Opp. Pratham Row House Palanpur Road A Dajan, India, Surat, Gujarat, 395009.

  • What is the corporate identification number (CIN) and company number of Altitude Finvest Limited?

    The corporate identification number (CIN) of Altitude Finvest Limited is U65910GJ1986PLC009106 and the company number is 009106 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Altitude Finvest Limited?

    The Official website of Altitude Finvest Limited is https://www.altitudecapital.in

  • What has been the recent revenue trend for Altitude Finvest Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Altitude Finvest Limited has fallen by -38.21%.

  • What change has been observed in the net worth of Altitude Finvest Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Altitude Finvest Limited has experienced an upsurge of 0.13%.

  • When was the last Balance Sheet of Altitude Finvest Limited filed with the ROC?

    The most recent Balance Sheet for Altitude Finvest Limited was filed with the ROC on 31 Mar 2024.

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