Ashv Finance Limited

Provides financial services such as loans and banking surrogates as part of Aavishkaar Group.

1998 | Mumbai, Maharashtra (India) | Active
Last Updated: November 20, 2024

Ashv Finance Profile

Key Indicators

  • Authorised Capital ₹ 111.00 Cr
  • Paid Up Capital ₹ 60.10 Cr
  • Company Age 26 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 844.95 Cr
  • Satisfied Charges ₹ 1,351.74 Cr
  • Revenue Growth -16.18%
  • Profit Growth -1914.07%
  • Ebitda -92.54%
  • Net Worth -6.60%
  • Total Assets -20.39%

About Ashv Finance

Ashv Finance Limited (AFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 February 1998 and has a history of 26 years and 11 months. Its registered office is in Mumbai, Maharashtra.

The Corporate was formerly known as Ashv Finance 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 111.00 Cr and a paid-up capital of Rs 60.10 Cr.

The company currently has active open charges totaling ₹844.95 Cr. The company has closed loans amounting to ₹1,351.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ashv Finance Limited India are Nikesh Sinha as Ceo, Amit Kothari as Cfo, and Shristi Padia as Company Secretary. Vineet Rai, Radha Mathur, Anurag Agrawal, and Six other members serve as directors at the Company.

Company Details

  • Location
    Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910MH1998PLC333546

  • Company No.

    333546

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Feb 1998

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Executive Team (3)

NameDesignationAppointment DateStatus
Nikesh Sinha Country flag representing In Managing Director30-Oct-2018Current
Amit Kothari CFO26-Jul-2024Current
Shristi Padia Country flag representing In Company SecretaryCurrent

Board Members (8)

NameDesignationAppointment DateStatus
Vineet Rai Country flag representing In Director 27-Jul-2012Current
Tarun Arora Country flag representing In Nominee Director Current
Rajat Nag Country flag representing In Director 02-Sep-2024Current
Franciscus Streppel Country flag representing Nl Nominee Director 02-Sep-2024Current
Anurag Agrawal Country flag representing In Director 10-Dec-2012Current
Amol Warange Country flag representing In Nominee Director 01-Oct-2022Current

Financial Performance of Ashv Finance.

Ashv Finance Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 16.18% decrease. The company also saw a substantial fall in profitability, with a 1914.07% decrease in profit. The company's net worth dipped by a decrease of 6.6%.

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
-16.18%
Revenue from Operations
-16.19%
Total Assets
-20.39%
Profit or Loss
-1914.07%
Net Worth
-6.60%
EBITDA
-92.54%

What is the Ownership and Shareholding Structure of Ashv Finance?

In 2024, Ashv Finance had a promoter holding of 75.10% and a public holding of 24.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹844.95 Cr

Satisfied Charges

₹1,351.74 Cr

Charges Breakdown by Lending Institutions

  • Others : 774.95 Cr
  • State Bank Of India : 45.00 Cr
  • Tata Capital Financial Services Limited : 15.00 Cr
  • Indian Overseas Bank : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Oct 2024Others₹12.00 CrOpen
27 Sep 2024Others₹30.00 CrOpen
28 Jun 2024Others₹5.00 CrOpen
29 Mar 2024Others₹10.00 CrOpen
23 Mar 2024Others₹20.00 CrOpen

How Many Employees Work at Ashv Finance?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashv 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 Ashv 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 Ashv Finance

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 6.93 Cr registered on 19 Jun 2023 with Charge ID 100734363 was modified on 21 Oct 2024.

    21 Oct 2024

  • Charges

    A charge with Others of Rs. 6.40 Cr registered on 28 Feb 2023 with Charge ID 100683706 was modified on 21 Oct 2024.

    21 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100983391 was registered on 01 Oct 2024.

    01 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100983386 was registered on 27 Sep 2024.

    27 Sep 2024

  • Charges

    A charge registered on 26 Mar 2022 via Charge ID 100562470 with Others was fully satisfied on 18 Sep 2024.

    18 Sep 2024

  • Annual General Meeting

    Ashv Finance Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

    16 Sep 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Ashv Finance Limited was incorporated on 05 Feb 1998.

  • The authorized share capital of Ashv Finance Limited is ₹ 111.00 Cr and paid-up capital is ₹ 60.10 Cr.

  • Currently 12 directors are associated with Ashv Finance Limited.

    • Vineet Chandra Rai
    • Radha Krishna Mathur
    • Anurag Agrawal
    • Franciscus Bernardus Martinus Streppel
    • Aleem Remtula
    • Tarun Arora
    • Rajat Mohan Nag
    • Nikesh Kumar Sinha
    • Amol Warange
    • Nikesh Kumar Sinha
    • Amit Narendra Kothari
    • Shristi Padia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashv Finance Limited is 12B 3Rd Floor Techniplex-Ii It Park Off. Veer Savarkar Flyover, Goregaon (We St) India, Mumbai, Maharashtra, 400062.

  • The corporate identification number (CIN) of Ashv Finance Limited is U65910MH1998PLC333546 and the company number is 333546 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashv Finance Limited is https://www.ashvfinance.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Ashv Finance Limited has fallen by -16.18%.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Ashv Finance Limited has experienced an downturn of -6.60%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Ashv Finance Limited amount to ₹ 844.95 Cr.

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

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