Assets Finance Private Limited
NBFC providing financing for movable and immovable property, equipment, and vehicles since 1993.
1993 | SowcarpetChennai 79., Tamil Nadu (India) | Active
Assets Finance Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 5.81 Cr
- Company Age 31 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.50 Cr
- Satisfied Charges ₹ 2.00 Cr
- Revenue Growth 3.76%
- Profit Growth -52.47%
- Ebitda 14.47%
- Net Worth 38.15%
- Total Assets 11.73%
About Assets Finance
Assets Finance Private Limited (AFPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 May 1993 and has a history of 31 years and 11 months. Its registered office is in Sowcarpet,Chennai 79., Tamil Nadu.
The Corporate was formerly known as Kanaka Holdings Private 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 25.00 Cr and a paid-up capital of Rs 5.81 Cr.
The company currently has active open charges totaling ₹4.50 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vijay Pincha, Priyank Pincha, Manju Pincha, and One other member serve as directors at the Company.
Company Details
- Location Sowcarpet,Chennai 79., Tamil Nadu
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65191TN1993PTC025114
- Company No.
025114
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 May 1993
- Date of AGM
24 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Assets Finance Private Limited
Explore comprehensive data for Assets Finance Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Assets Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Pincha  | Managing Director | 24-May-1993 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Priyank Pincha | Whole-Time Director | 16-Sep-2004 | Current |
| Manju Pincha | Whole-Time Director | 24-May-1993 | Current |
| Aarthi Pincha | Whole-Time Director | 30-Sep-2015 | Current |
Financial Performance of Assets Finance.
Assets Finance Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.76% increase. The company also saw a substantial fall in profitability, with a 52.47% decrease in profit. The company's net worth Soared by an impressive increase of 38.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Assets Finance?
In 2021, Assets Finance had a promoter holding of 74.80% and a public holding of 25.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹4.50 Cr
Satisfied Charges
₹2.00 Cr
Charges Breakdown by Lending Institutions
- Others : 4.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Dec 2014 | Others | ₹4.50 Cr | Open |
| 06 Jan 2007 | Indian Bank | ₹2.00 Cr | Satisfied |
How Many Employees Work at Assets Finance?
Unlock and access historical data on people associated with Assets 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 Assets 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 Assets Finance's trajectory.
Rating
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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 Assets Finance
Recent activity within the organization
- Annual General Meeting
Assets Finance Private Limited last Annual general meeting of members was held on 24 Jul 2024 as per latest MCA records.
- Balance Sheet
Assets Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Others of Rs. 4.50 Cr registered on 04 Dec 2014 with Charge ID 10539616 was modified on 29 Feb 2020.
- Director Appointment
Aarthi Pincha was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Sep 2015 & has been associated with this company since 9 years 7 months .
- Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 10539616 was registered on 04 Dec 2014.
- Charges
A charge registered on 06 Jan 2007 via Charge ID 10031422 with Indian Bank was fully satisfied on 03 Dec 2014.
Frequently asked questions
What is the Incorporation or founding date of Assets Finance Private Limited?
Assets Finance Private Limited was incorporated on 24 May 1993.
What is authorized share capital and paid-up capital of Assets Finance Private Limited?
The authorized share capital of Assets Finance Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 5.81 Cr.
Who are the current board members & directors of Assets Finance Private Limited?
Currently 4 directors are associated with Assets Finance Private Limited.
- Vijay Singh Pincha
- Priyank Pincha
- Manju Pincha
- Aarthi Pincha
What is the registered address of Assets Finance Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Assets Finance Private Limited is 9.Trivelayan Basin Street Sowcarpet, Chennai India, SowcarpetChennai 79., Tamil Nadu.
What is the corporate identification number (CIN) and company number of Assets Finance Private Limited?
The corporate identification number (CIN) of Assets Finance Private Limited is U65191TN1993PTC025114 and the company number is 025114 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Assets Finance Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Assets Finance Private Limited has risen by 3.76%.
What change has been observed in the net worth of Assets Finance Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Assets Finance Private Limited has experienced an upsurge of 38.15%.
What are the total open charges for Assets Finance Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Assets Finance Private Limited amount to ₹ 4.50 Cr.
When was the last Balance Sheet of Assets Finance Private Limited filed with the ROC?
The most recent Balance Sheet for Assets Finance Private Limited was filed with the ROC on 31 Mar 2024.
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