Assets Finance Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 4.21 Cr
- Company Age 31 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- 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 eight months. Its registered office is in Sowcarpet,Chennai 79., Tamil Nadu, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 4.21 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.
Company Details
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Location
Sowcarpet,Chennai 79., Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U65191TN1993PTC025114
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Company No.
025114
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 May 1993
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Date of AGM
10 Jul 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Assets Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Pincha
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Managing Director | 24-May-1993 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Priyank Pincha
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Whole-Time Director | 16-Sep-2004 | Current |
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Aarthi Pincha
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Whole-Time Director | 30-Sep-2015 | Current |
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Manju Pincha
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Whole-Time Director | 24-May-1993 | 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%.
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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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Lifestyle Serenity Private Limited
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Prista Infratech Llp
Priyank Pincha is a mutual person
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Lifestyle Jmb Llp
Priyank Pincha is a mutual person
Charges (Loans)
₹4.50 Cr
₹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
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.