Andhra Bank Financial Services Limited

Provides credit services to individuals, corporations, and institutions in India and abroad.

1991 | Active
Last Updated:

Andhra Bank Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 34 Year, 6 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 2.75%
  • Profit Growth -0.73%
  • Ebitda 0.39%
  • Net Worth 18.61%
  • Total Assets 2.10%

About Andhra Bank Financial Services

Andhra Bank Financial Services Limited (ABFSL) is a Public Limited Indian Non-Government Company incorporated in India on 25 February 1991 and has a history of 34 years. Its registered office is in Na, Telangana.

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 10.00 Cr and a paid-up capital of Rs 5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Andhra Bank Financial Services Limited India is Ruchi Rangari as COMPANY SECRETARY. Bhaskara Kare, Suresh Teli, Ramya Gayar, and One other member serve as directors at the Company.

Company Details

  • Location Na, Telangana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910TG1991PLC012376

  • Company No.

    012376

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 1991

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Andhra Bank Financial Services?

Executive Team (2)

NameDesignationAppointment DateStatus
Ramya Gayar Country flag representing In Managing Director25-Jan-2024Current
Ruchi Rangari Company Secretary08-Feb-2021Current

Board Members (3)

NameDesignationAppointment DateStatus
Bhaskara Kare Country flag representing In Director 01-Sep-2022Current
Suresh Teli Country flag representing In Director 01-Jul-2022Current
Krishnan Parameswaran Country flag representing In Nominee Director 02-May-2024Current

Financial Performance of Andhra Bank Financial Services.

Andhra Bank Financial Services Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.75% increase. The company also saw a slight decrease in profitability, with a 0.73% decrease in profit. The company's net worth Soared by an impressive increase of 18.61%.

Andhra Bank Financial Services revenue growth over time
Andhra Bank Financial Services 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
2.75%
Revenue from Operations
3.72%
Total Assets
2.10%
Profit or Loss
-0.73%
Net Worth
18.61%
EBITDA
0.39%

What is the Ownership and Shareholding Structure of Andhra Bank Financial Services?

In 2022, Andhra Bank Financial Services 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 Andhra Bank Financial Services?

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

Employee growth trends for Andhra Bank Financial Services Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Andhra Bank Financial Services, 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 Andhra Bank Financial Services'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 Andhra Bank Financial Services

Recent activity within the organization

  • Director Appointment

    Krishnan Parameswaran was appointed as a Nominee Director was appointed as a Nominee Director on 02 May 2024 & has been associated with this company since 10 months .

  • Director Appointment

    Ramya Gayar was appointed as a Managing Director was appointed as a Managing Director on 25 Jan 2024 & has been associated with this company since 1 year 1 month .

  • Annual General Meeting

    Andhra Bank Financial Services Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Andhra Bank Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Director Appointment

    Bhaskara Rao Kare was appointed as a Director was appointed as a Director on 01 Sep 2022 & has been associated with this company since 2 years 6 months .

  • Director Appointment

    Suresh Chandra Teli was appointed as a Director was appointed as a Director on 01 Jul 2022 & has been associated with this company since 2 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Andhra Bank Financial Services Limited?

    Andhra Bank Financial Services Limited was incorporated on 25 Feb 1991.

  • What is authorized share capital and paid-up capital of Andhra Bank Financial Services Limited?

    The authorized share capital of Andhra Bank Financial Services Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Who are the current board members & directors of Andhra Bank Financial Services Limited?

    Currently 5 directors are associated with Andhra Bank Financial Services Limited.

    • Bhaskara Rao Kare
    • Suresh Chandra Teli
    • Ramya Gayar
    • Krishnan Parameswaran
    • Ruchi Ravidas Rangari

  • What is the registered address of Andhra Bank Financial Services Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Andhra Bank Financial Services Limited is Andhra Bank Buildings Sultanbazar, Hyderabad Telanga India, Na, Telangana.

  • What is the corporate identification number (CIN) and company number of Andhra Bank Financial Services Limited?

    The corporate identification number (CIN) of Andhra Bank Financial Services Limited is U65910TG1991PLC012376 and the company number is 012376 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Andhra Bank Financial Services Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Andhra Bank Financial Services Limited has risen by 2.75%.

  • What change has been observed in the net worth of Andhra Bank Financial Services Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Andhra Bank Financial Services Limited has experienced an upsurge of 18.61%.

  • When was the last Balance Sheet of Andhra Bank Financial Services Limited filed with the ROC?

    The most recent Balance Sheet for Andhra Bank Financial Services Limited was filed with the ROC on 31 Mar 2023.

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