Ashv Finance Profile
Key Indicators
- Authorised Capital ₹ 111.00 Cr
- Paid Up Capital ₹ 60.10 Cr
- Company Age 27 Year, 25 Days
- 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 27 years. 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
- Website
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nikesh Sinha  | Managing Director | 30-Oct-2018 | Current |
| Amit Kothari | CFO | 26-Jul-2024 | Current |
| Shristi Padia | Company Secretary | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vineet Rai | Director | 27-Jul-2012 | Current |
| Tarun Arora | Nominee Director | Current | |
| Rajat Nag | Director | 02-Sep-2024 | Current |
Franciscus Streppel  | Nominee Director | 02-Sep-2024 | Current |
| Anurag Agrawal | Director | 10-Dec-2012 | Current |
| Amol Warange | Nominee Director | 01-Oct-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
S.M.I.L.E. Microfinance LimitedAleem Remtula is a mutual person
Svakarma Finance Private LimitedTarun Arora is a mutual person
Electronica Finance LimitedAnurag Agrawal is a mutual person
Electronic Payment And Services Private LimitedAnurag Agrawal is a mutual person
Dpd Technologies Private LimitedAmol Warange is a mutual person
Nepra Resource Management Private LimitedAnurag Agrawal is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Oct 2024 | Others | ₹12.00 Cr | Open |
| 27 Sep 2024 | Others | ₹30.00 Cr | Open |
| 28 Jun 2024 | Others | ₹5.00 Cr | Open |
| 29 Mar 2024 | Others | ₹10.00 Cr | Open |
| 23 Mar 2024 | Others | ₹20.00 Cr | Open |
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.
Deals i
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
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 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.
- 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.
- Charges
A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100983391 was registered on 01 Oct 2024.
- Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100983386 was registered on 27 Sep 2024.
- Charges
A charge registered on 26 Mar 2022 via Charge ID 100562470 with Others was fully satisfied on 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.
Recent News, Updates & Announcement
Aye Finance raises Rs25 crore from Hinduja Finance and IntelleGrow.The current funding round will be used to build the Aye Finance’s loan book.
- Ashv Finance gets USD 10 million investment from Encourage Capital.
Small businesses-focused lender Ashv Finance on Wednesday announced that Encourage Capital has invested USD 10 million (about Rs 83.33 crore) into the company.....
Frequently asked questions
What is the Incorporation or founding date of Ashv Finance Limited?
Ashv Finance Limited was incorporated on 05 Feb 1998.
What is authorized share capital and paid-up capital of Ashv Finance Limited?
The authorized share capital of Ashv Finance Limited is ₹ 111.00 Cr and paid-up capital is ₹ 60.10 Cr.
Who are the current board members & directors of Ashv Finance Limited?
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
What is the registered address of Ashv Finance Limited?
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.
What is the corporate identification number (CIN) and company number of Ashv Finance Limited?
The corporate identification number (CIN) of Ashv Finance Limited is U65910MH1998PLC333546 and the company number is 333546 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ashv Finance Limited?
The Official website of Ashv Finance Limited is https://www.ashvfinance.com
What has been the recent revenue trend for Ashv Finance Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Ashv Finance Limited has fallen by -16.18%.
What change has been observed in the net worth of Ashv Finance Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Ashv Finance Limited has experienced an downturn of -6.60%.
What are the total open charges for Ashv Finance Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Ashv Finance Limited amount to ₹ 844.95 Cr.
When was the last Balance Sheet of Ashv Finance Limited filed with the ROC?
The most recent Balance Sheet for Ashv Finance Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Suma SwaminathanNominee Director
Satyam DarmoraNominee Director
Sanjib JhaDirector and Wholetime Director
Rakesh RewariDirector
Matangi GowrishankarDirector
Dimple SanghiDirector
Bhama KrishnamurthyDirector
John DiazManaging Director
Similar Companies Based on NBFC
Tata Capital Limited Mumbai, Maharashtra, India
Shriram Finance Limited Chennai, Tamil Nadu, India
Indian Railway Finance Corporation Limited South West Delhi, Delhi, India
Power Finance Corporation Limited New Delhi, India
Sbi Cards And Payment Services Limited North West Delhi, Delhi, India
Mahindra And Mahindra Financial Services Limited Mumbai, Maharashtra, India
Cholamandalam Investment And Finance Company Limited Chennai, Tamil Nadu, India
Bajaj Finance Limited Pune, Maharashtra, India