Amarjit Finance Limited

NBFC providing hire purchase, housing, and industrial financing services since 1967.

1967 | Jalandhar, Punjab (India) | Active
Last Updated:

Amarjit Finance Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 57 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -7.53%
  • Profit Growth -43.56%
  • Ebitda -19.91%
  • Net Worth 39.02%
  • Total Assets 6.45%

About Amarjit Finance

Amarjit Finance Limited (AFL) was founded in India on 08 November 1967 and has a glorious history of 57 years and four months.Its registered office is in Jalandhar, Punjab, 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 1.25 Cr and a paid-up capital of Rs 1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jasbir Singh, Sukhjit Thind, and Iqbal Thind serve as directors at the Company.

Company Details

  • Location

    Jalandhar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921PB1967PLC002731

  • Company No.

    002731

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 1967

  • Date of AGM

    25 Apr 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

Who are the key members and board of directors at Amarjit Finance?

Board Members (3)

NameDesignationAppointment DateStatus
Jasbir Singh Country flag representing In Director 10-May-2006Current
Sukhjit Thind Country flag representing In Director 28-Apr-1998Current
Iqbal Thind Country flag representing In Director 28-Apr-1998Current

Financial Performance of Amarjit Finance.

Amarjit Finance Limited, for the financial year ended 2016, experienced Minor drop in revenue, with a 7.53% decrease. The company also saw a substantial fall in profitability, with a 43.56% decrease in profit. The company's net worth Soared by an impressive increase of 39.02%.

Amarjit Finance revenue growth over time
Amarjit Finance 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
-7.53%
Revenue from Operations
-7.53%
Total Assets
6.45%
Profit or Loss
-43.56%
Net Worth
39.02%
EBITDA
-19.91%

What is the Ownership and Shareholding Structure of Amarjit Finance?

In 2017, Amarjit Finance 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Amarjit Finance?

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

Employee growth trends for Amarjit Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Amarjit 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 Amarjit Finance'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 Amarjit Finance

Recent activity within the organization

  • Annual General Meeting

    Amarjit Finance Limited last Annual general meeting of members was held on 25 Apr 2024 as per latest MCA records.

  • Balance Sheet

    Amarjit Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Jasbir Singh was appointed as a Director was appointed as a Director on 10 May 2006 & has been associated with this company since 18 years 10 months .

  • Director Appointment

    Sukhjit Kaur Thind was appointed as a Director was appointed as a Director on 28 Apr 1998 & has been associated with this company since 26 years 10 months .

  • Director Appointment

    Iqbal Singh Thind was appointed as a Director was appointed as a Director on 28 Apr 1998 & has been associated with this company since 26 years 10 months .

  • Company Incorporation

    Amarjit Finance Limited was registered on 08 Nov 1967 with Roc Chandigarh & aged 57 years 4 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Amarjit Finance Limited?

    Amarjit Finance Limited was incorporated on 08 Nov 1967.

  • What is authorized share capital and paid-up capital of Amarjit Finance Limited?

    The authorized share capital of Amarjit Finance Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Amarjit Finance Limited?

    Currently 3 directors are associated with Amarjit Finance Limited.

    • Jasbir Singh
    • Sukhjit Kaur Thind
    • Iqbal Singh Thind
  • What is the registered address of Amarjit Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Amarjit Finance Limited is Gobind Niwas G.T. Road Jalandhar India, Punjab, 144001.

  • What is the corporate identification number (CIN) and company number of Amarjit Finance Limited?

    The corporate identification number (CIN) of Amarjit Finance Limited is U65921PB1967PLC002731 and the company number is 002731 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Amarjit Finance Limited?

    According to the financial reports for the fiscal year 2016, the revenue trend for Amarjit Finance Limited has fallen by -7.53%.

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

    The financial reports for the fiscal year 2016 indicates that The net worth of Amarjit Finance Limited has experienced an upsurge of 39.02%.

  • When was the last Balance Sheet of Amarjit Finance Limited filed with the ROC?

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

People also Viewed