Andhra Pradesh State Financial Services Corporation Limited

Provides non-banking financial services, registered by Reserve Bank of India.

2020 | Guntur, Andhra Pradesh (India) | Active
Last Updated: October 27, 2024

Andhra Pradesh State Financial Services Corporation Profile

Key Indicators

  • Authorised Capital ₹ 602.00 Cr
  • Paid Up Capital ₹ 602.00 Cr
  • Company Age 4 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 165.10%
  • Profit Growth 410.21%
  • Ebitda 234.10%
  • Net Worth 4.87%
  • Total Assets -3.91%

About Andhra Pradesh State Financial Services Corporation

Andhra Pradesh State Financial Services Corporation Limited (APSFSCL) is a Public Limited State Government Company incorporated in India on 04 April 2020 (Four years and ten months 19 days old ). Its registered office is in Guntur, Andhra Pradesh, 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 2023. It's a company limited by shares with an authorized capital of Rs 602.00 Cr and a paid-up capital of Rs 602.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Andhra Pradesh State Financial Services Corporation Limited India is Murthy Mukkavilli as CFO. Sunil Banda, Chiranjiv Choudhary, Veera Kadiyam, and Two other members serve as directors at the Company.

Company Details

  • Location

    Guntur, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    esfc.ap.gov.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65990AP2020SGC114444

  • Company No.

    114444

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    04 Apr 2020

  • Date of AGM

    23 May 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services

Who are the key members and board of directors at Andhra Pradesh State Financial Services Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Shamsher Rawat Country flag representing In Managing Director04-Apr-2020Current
Murthy Mukkavilli CFOCurrent

Board Members (4)

NameDesignationAppointment DateStatus
Sunil Banda Country flag representing In Director 30-Jun-2023Current
Chiranjiv Choudhary Country flag representing In Director 06-Sep-2022Current
Veera Kadiyam Country flag representing In Nominee Director 04-Apr-2020Current
Jawahar Kommasivaiahgari Country flag representing In Director 01-Dec-2022Current

Financial Performance of Andhra Pradesh State Financial Services Corporation.

Andhra Pradesh State Financial Services Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 165.1% increase. The company also saw a substantial improvement in profitability, with a 410.21% increase in profit. The company's net worth moved up by a moderate rise of 4.87%.

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
165.10%
Revenue from Operations
165.28%
Total Assets
-3.91%
Profit or Loss
410.21%
Net Worth
4.87%
EBITDA
234.10%

What is the Ownership and Shareholding Structure of Andhra Pradesh State Financial Services Corporation?

In 2022, Andhra Pradesh State Financial Services Corporation 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 Pradesh State Financial Services Corporation?

Andhra Pradesh State Financial Services Corporation has a workforce of 0 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Andhra Pradesh State Financial Services Corporation, 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 Pradesh State Financial Services Corporation'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 Pradesh State Financial Services Corporation

Recent activity within the organization

  • Annual General Meeting

    Andhra Pradesh State Financial Services Corporation Limited last Annual general meeting of members was held on 23 May 2024 as per latest MCA records.

    23 May 2024

  • Director Appointment

    Sunil Kumar Reddy Banda was appointed as a Director was appointed as a Director on 30 Jun 2023 & has been associated with this company since 1 year 7 months .

    30 Jun 2023

  • Balance Sheet

    Andhra Pradesh State Financial Services Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Director Appointment

    Jawahar Reddy Kommasivaiahgari was appointed as a Director was appointed as a Director on 01 Dec 2022 & has been associated with this company since 2 years 2 months .

    01 Dec 2022

  • Director Appointment

    Chiranjiv Choudhary was appointed as a Director was appointed as a Director on 06 Sep 2022 & has been associated with this company since 2 years 5 months .

    06 Sep 2022

  • Director Appointment

    Veera Venkata Satyanarayana Kadiyam was appointed as a Nominee Director was appointed as a Nominee Director on 04 Apr 2020 & has been associated with this company since 4 years 10 months .

    04 Apr 2020

Frequently asked questions

  • Andhra Pradesh State Financial Services Corporation Limited was incorporated on 04 Apr 2020.

  • The authorized share capital of Andhra Pradesh State Financial Services Corporation Limited is ₹ 602.00 Cr and paid-up capital is ₹ 602.00 Cr.

  • Currently 6 directors are associated with Andhra Pradesh State Financial Services Corporation Limited.

    • Sunil Kumar Reddy Banda
    • Chiranjiv Choudhary
    • Veera Venkata Satyanarayana Kadiyam
    • Shamsher Singh Rawat
    • Jawahar Reddy Kommasivaiahgari
    • Murthy Venkata Surya Narasimha Mukkavilli
  • As per Ministry of Corporate Affairs (Mca), the registered address of Andhra Pradesh State Financial Services Corporation Limited is 4Th Floor Nidhi Bhavan Plot No.11, It Park India, Mangalagiri, Andhra Pradesh, 522503.

  • The corporate identification number (CIN) of Andhra Pradesh State Financial Services Corporation Limited is U65990AP2020SGC114444 and the company number is 114444 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Andhra Pradesh State Financial Services Corporation Limited is https://www.esfc.ap.gov.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Andhra Pradesh State Financial Services Corporation Limited has risen by 165.10%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Andhra Pradesh State Financial Services Corporation Limited has experienced an upsurge of 4.87%.

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

People also Viewed

Similar Companies Based on Investment & Credit NBFC