Avasara Finance Limited, a active public limited company, was established on 24 May 1994 in Mumbai, Maharashtra, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: L74899MH1994PLC216417. Registered under ROC Roc Mumbai. it is listed on BSE: 511730. It has an authorized capital of ₹37.00 Cr and a paid-up capital of ₹5.00 Cr.
Formerly known as Trc Financial And Management Services Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹3.22 M and a net worth of ₹2.24 Cr. Its leadership includes Nityanand Shankar Nayak (Director), Vivek Ravindra Kakati (Director), Jaya Janardhanan (Director). Past directors included Vikas Kumar Gupta, Harshad Sobhagchand Dholakia, Madhuri Augustine Singh. It holds ₹2.02 Cr open charges and no settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at Bandra Hill View Chs, (3Rd Floor), 85, Hill Road, Opp. Yoko Sizzlers, Bandra (W),, Mumbai, Maharashtra, 400050.
L74899MH1994PLC216417
216417
24 May 1994
₹37.00 Cr
₹5.00 Cr
Roc Mumbai
Listed (BSE: 511730)
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nityanand Shankar Nayak | Director | 31 Jul 2025 | Current |
| Vivek Ravindra Kakati | Director | 11 Mar 2025 | Current |
| Jaya Janardhanan | Director | 27 Jun 2025 | Current |
| Vinu Mammen | Whole-Time Director | 30 Jul 2025 | Current |
| Eugene Oommen Koshy | Additional Director | 09 Oct 2025 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Manager | 30 Jan 2009 | Past |
| Pramod Abcsdd | Director | 26 Feb 2019 | Past |
| Pramod Abcsdd | Director | 26 Feb 2019 | Past |
| Pramod Abcsdd | Additional Director | 17 Dec 2008 | Past |
| Pramod Abcsdd | Company Secretary | - | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2019 | Past |
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Avasara Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.27% increase. The company also saw a substantial improvement in profitability, with a 106.65% increase in profit. The company's net worth moved up by a moderate rise of 1.29%.
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In 2023, Avasara Finance had a promoter holding of 65.88% and a public holding of 34.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹20,249,920.00
₹0
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Sep 1996 | Central Bank Of India | ₹0.25 M | Open |
| 26 Aug 1996 | Central Bank Of India | ₹1.00 Cr | Open |
| 25 May 1996 | Central Bank Of India | ₹1.00 Cr | Open |
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The activity Eugene Oommen Koshy was appointed as a Additional Director was appointed as a Additional Director on 09 Oct 2025 & has been associated with this company since 2 months 15 days . was completed.
Avasara Finance Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was recorded as a recent event.
Progress on Nityanand Shankar Nayak was appointed as a Director was appointed as a Director on 31 Jul 2025 & has been associated with this company since 4 months 24 days . was documented.
Vinu Mammen was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Jul 2025 & has been associated with this company since 4 months 25 days . was recorded as a recent event.
Jaya Janardhanan was appointed as a Director was appointed as a Director on 27 Jun 2025 & has been associated with this company since 5 months 27 days . was recorded as a recent event.
Progress on Raj Surendra Jain was appointed as a Cfo was appointed as a Cfo on 11 Jun 2025 & has been associated with this company since 6 months 13 days . was documented.
The CIN of Avasara Finance Limited is L74899MH1994PLC216417.
Avasara Finance Limited is headquartered at Bandra Hill View Chs, (3Rd Floor), 85, Hill Road, Opp. Yoko Sizzlers, Bandra (W),, Mumbai, Maharashtra, 400050.
Avasara Finance Limited was incorporated on 24 May 1994.
The current directors of Avasara Finance Limited are
The primary industry of Avasara Finance Limited is Financial And Insurance Service.
Avasara Finance Limited is listed. It is listed on BSE: 511730.
The authorized capital of Avasara Finance Limited is ₹37.00 Cr, and the paid-up capital is ₹5.00 Cr.
The compliance status of Avasara Finance Limited is Compliant.
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