Apac Financial Services Profile
Key Indicators
- Authorised Capital ₹ 464.98 Cr
- Paid Up Capital ₹ 373.68 Cr
- Company Age 7 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,343.72 Cr
- Satisfied Charges ₹ 70.00 Cr
- Revenue Growth 119.94%
- Profit Growth 309.03%
- Ebitda 361.17%
- Net Worth 5.67%
- Total Assets 81.18%
About Apac Financial Services
Apac Financial Services Private Limited (AFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 May 2017 (Seven years and nine months 29 days old ). Its registered office is in Mumbai, Maharashtra, 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 464.98 Cr and a paid-up capital of Rs 373.68 Cr.
The company currently has active open charges totaling ₹1,343.72 Cr. The company has closed loans amounting to ₹70.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Apac Financial Services Private Limited India are Shankar Dey as CFO and Akhil Parikh as Company Secretary. Shankar Dey, Gunit Chadha, Sanjay Maliah, and Four other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65999MH2017PTC294664
- Company No.
294664
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 May 2017
- Date of AGM
15 Jun 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Apac Financial Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gunit Chadha  | Managing Director | 04-May-2017 | Current |
| Shankar Dey | CFO | 03-Mar-2022 | Current |
| Akhil Parikh | Company Secretary | 08-Sep-2022 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shankar Dey | Director | 01-Jul-2017 | Current |
| Robin Agarwal | Director | 01-Apr-2024 | Current |
| Nithya Easwaran | Director | 11-Dec-2018 | Current |
| Neeraj Bhai | Director | 15-Feb-2022 | Current |
| Sanjay Maliah | Director | 30-Mar-2019 | Current |
| Sanjay Athalye | Director | 15-Feb-2022 | Current |
Financial Performance of Apac Financial Services.
Apac Financial Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 119.94% increase. The company also saw a substantial improvement in profitability, with a 309.03% increase in profit. The company's net worth moved up by a moderate rise of 5.67%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Apac Financial Services?
In 2023, Apac Financial Services had a promoter holding of 52.39% and a public holding of 47.61%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Kisetsu Saison Finance (India) Private LimitedSanjay Athalye is a mutual person
Ti Clean Mobility Private LimitedNithya Easwaran is a mutual person
Zerodha Asset Management Private LimitedNithya Easwaran is a mutual person
Charges (Loans)
Open Charges
₹1,343.72 Cr
Satisfied Charges
₹70.00 Cr
Charges Breakdown by Lending Institutions
- Others : 998.72 Cr
- Yes Bank Limited : 115.00 Cr
- Sidbi : 70.00 Cr
- Hdfc Bank Limited : 50.00 Cr
- State Bank Of India : 45.00 Cr
- Others : 65.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Dec 2023 | Others | ₹45.00 Cr | Open |
| 30 Nov 2023 | Others | ₹25.00 Cr | Open |
| 30 Oct 2023 | Others | ₹50.00 Cr | Open |
| 29 Sep 2023 | Canara Bank | ₹25.00 Cr | Open |
| 27 Sep 2023 | Yes Bank Limited | ₹65.00 Cr | Open |
How Many Employees Work at Apac Financial Services?
Apac Financial Services has a workforce of 1202 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Apac 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 Apac Financial Services's trajectory.
Rating
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
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 Apac Financial Services
Recent activity within the organization
- Director Appointment
Robin Bhanwarlal Agarwal was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 11 months 1 day .
- Charges
A charge with Others amounted to Rs. 45.00 Cr with Charge ID 100839449 was registered on 15 Dec 2023.
- Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100830278 was registered on 30 Nov 2023.
- Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100802126 was registered on 30 Oct 2023.
- Charges
A charge with Canara Bank amounted to Rs. 25.00 Cr with Charge ID 100795305 was registered on 29 Sep 2023.
- Charges
A charge with Yes Bank Limited amounted to Rs. 65.00 Cr with Charge ID 100783756 was registered on 27 Sep 2023.
Recent News, Updates & Announcement
- 1-India Family Mart raises debt funding of Rs 20 cr.
1- India Family Mart currently has 90 stores across 81 cities of eastern and northern India. The company said it generates a revenue of Rs 400 crore..
- Gunit Chadha-backed APAC forays into digital lending for SMEs.
The digital lending vertical is aimed at providing timely finance to M&SME retailers on basis of key factors like alternate data, social behaviour, demographics, business vintage, etc..
- Renuka Ramnath’s PE firm buys 37% stake in Gunit Chadha’s NBFC | Mint.
Multiples Alternate Asset Management Pvt. Ltd is said to have bought the minority stake in APAC Financial Services for 250 crore.
Frequently asked questions
What is the Incorporation or founding date of Apac Financial Services Private Limited?
Apac Financial Services Private Limited was incorporated on 04 May 2017.
What is authorized share capital and paid-up capital of Apac Financial Services Private Limited?
The authorized share capital of Apac Financial Services Private Limited is ₹ 464.98 Cr and paid-up capital is ₹ 373.68 Cr.
Who are the current board members & directors of Apac Financial Services Private Limited?
Currently 9 directors are associated with Apac Financial Services Private Limited.
- Shankar Jyoti Dey
- Gunit Chadha
- Sanjay Pushpendra Maliah
- Nithya Easwaran
- Sanjay Arvind Athalye
- Robin Bhanwarlal Agarwal
- Neeraj Bhushan Bhai
- Shankar Jyoti Dey
- Akhil Ashok Parikh
What is the registered address of Apac Financial Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Apac Financial Services Private Limited is First Floor Ashford Centre Shankarrao, Naram Marg Lower Parel (West), Mumbai, Maharashtra, India, 400013.
What is the corporate identification number (CIN) and company number of Apac Financial Services Private Limited?
The corporate identification number (CIN) of Apac Financial Services Private Limited is U65999MH2017PTC294664 and the company number is 294664 as per Ministry of Corporate Affairs (MCA).
What is the official website of Apac Financial Services Private Limited?
The Official website of Apac Financial Services Private Limited is https://www.apacfin.com
What has been the recent revenue trend for Apac Financial Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Apac Financial Services Private Limited has risen by 119.94%.
How many employees does Apac Financial Services Private Limited currently have?
As Per 2023 financial reports, 1202 employees are currently employed by Apac Financial Services Private Limited.
What change has been observed in the net worth of Apac Financial Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Apac Financial Services Private Limited has experienced an upsurge of 5.67%.
What are the total open charges for Apac Financial Services Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Apac Financial Services Private Limited amount to ₹ 1,343.72 Cr.
When was the last Balance Sheet of Apac Financial Services Private Limited filed with the ROC?
The most recent Balance Sheet for Apac Financial Services Private Limited was filed with the ROC on 31 Mar 2023.
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