Authentic Finance Private Limited
Global trading company specializing in metals, consumer goods, textiles, petrochemicals, pharmaceuticals, glassware, electronics, and alcohol.
1997 | Kolkata, West Bengal (India) | Active
Authentic Finance Profile
Key Indicators
- Authorised Capital ₹ 24.00 Cr
- Paid Up Capital ₹ 19.95 Cr
- Company Age 27 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 352.79 Cr
- Revenue Growth -72.64%
- Profit Growth -80.16%
- Ebitda 70.01%
- Net Worth 1.64%
- Total Assets 1.75%
About Authentic Finance
Authentic Finance Private Limited (AFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 September 1997 and has a history of 27 years and six months. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Home & Lifestyle 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 24.00 Cr and a paid-up capital of Rs 19.95 Cr.
The company currently has active open charges totaling ₹352.79 Cr.
The Key Managerial Personnel (KMP) at Authentic Finance Private Limited India is Rohit Jain as COMPANY SECRETARY. Arun Pareek, Hanuman Tater, and Naresh Yelve serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65999WB1997PTC085340
- Company No.
085340
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Sep 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Home & Lifestyle
Who are the key members and board of directors at Authentic Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rohit Jain  | Company Secretary | 01-Aug-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arun Pareek | Director | 10-Jan-2001 | Current |
| Hanuman Tater | Director | 25-Jun-2020 | Current |
| Naresh Yelve | Director | 15-Nov-2016 | Current |
Financial Performance of Authentic Finance.
Authentic Finance Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 72.64% decrease. The company also saw a substantial fall in profitability, with a 80.16% decrease in profit. The company's net worth moved up by a moderate rise of 1.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Authentic Finance?
In 2023, Authentic Finance had a public holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Matra Mobili Private LimitedRohit Jain is a mutual person
Msr India LimitedRohit Jain is a mutual person
- Spinstar Finvest Private Limited
Arun Pareek is a mutual person
- Kalyan Vyapaar Pvt. Ltd.
Arun Pareek is a mutual person
- Manimudra Vincom Pvt Ltd
Arun Pareek is a mutual person
- August Trading Pvt Ltd
Arun Pareek is a mutual person
Charges (Loans)
Open Charges
₹352.79 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 352.79 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Sep 2021 | Others | ₹352.79 Cr | Open |
How Many Employees Work at Authentic Finance?
Unlock and access historical data on people associated with Authentic 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 Authentic 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 Authentic 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 Authentic Finance
Recent activity within the organization
- Annual General Meeting
Authentic Finance Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Authentic Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Director Appointment
Rohit Jain was appointed as a Company Secretary was appointed as a Company Secretary on 01 Aug 2022 & has been associated with this company since 2 years 7 months .
- Charges
A charge with Others amounted to Rs. 352.79 Cr with Charge ID 100495026 was registered on 08 Sep 2021.
- Director Appointment
Hanuman Mal Tater was appointed as a Director was appointed as a Director on 25 Jun 2020 & has been associated with this company since 4 years 9 months .
- Director Appointment
Naresh Balaram Yelve was appointed as a Director was appointed as a Director on 15 Nov 2016 & has been associated with this company since 8 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Authentic Finance Private Limited?
Authentic Finance Private Limited was incorporated on 01 Sep 1997.
What is authorized share capital and paid-up capital of Authentic Finance Private Limited?
The authorized share capital of Authentic Finance Private Limited is ₹ 24.00 Cr and paid-up capital is ₹ 19.95 Cr.
Who are the current board members & directors of Authentic Finance Private Limited?
Currently 4 directors are associated with Authentic Finance Private Limited.
- Arun Pareek
- Hanuman Mal Tater
- Naresh Balaram Yelve
- Rohit Jain
What is the registered address of Authentic Finance Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Authentic Finance Private Limited is 16 Netaji Subash Road4Th Floor India, Kolkata, West Bengal, 700001.
What is the corporate identification number (CIN) and company number of Authentic Finance Private Limited?
The corporate identification number (CIN) of Authentic Finance Private Limited is U65999WB1997PTC085340 and the company number is 085340 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Authentic Finance Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Authentic Finance Private Limited has fallen by -72.64%.
What change has been observed in the net worth of Authentic Finance Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Authentic Finance Private Limited has experienced an upsurge of 1.64%.
What are the total open charges for Authentic Finance Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Authentic Finance Private Limited amount to ₹ 352.79 Cr.
When was the last Balance Sheet of Authentic Finance Private Limited filed with the ROC?
The most recent Balance Sheet for Authentic Finance Private Limited was filed with the ROC on 31 Mar 2024.
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