Avasara Finance Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 30 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.02 Cr
- Revenue Growth 37.27%
- Profit Growth 106.65%
- Ebitda 108.34%
- Net Worth 1.29%
- Total Assets 3.49%
About Avasara Finance
Avasara Finance Limited (AFL) is a Public Limited Indian Non-Government Company incorporated in India on 24 May 1994 and has a history of 30 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 511730.
The Corporate was formerly known as Trc Financial And Management Services 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 8.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹2.02 Cr.
The Key Managerial Personnel (KMP) at Avasara Finance Limited India are Sabarinath Krishnan as CFO and Charmi Gindra as Company Secretary. Valmeekanathan Subramanian, Naresh Gandhi, Uma Bontha, and Two other members serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, 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
L74899MH1994PLC216417
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Company No.
216417
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Stock Symbol
BSE : 511730
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
24 May 1994
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Date of AGM
27 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Listed
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Avasara Finance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sabarinath Krishnan | CFO | 29-Jun-2021 | Current |
Charmi Gindra
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Company Secretary | 14-Nov-2018 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Naresh Gandhi
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Director | 11-May-2018 | Current |
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Korodi Prabhu
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Director | 22-May-2018 | Current |
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Valmeekanathan Subramanian
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Director | 10-Nov-2021 | Current |
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Uma Bontha
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Director | 09-Apr-2019 | Current |
Financial Performance of Avasara Finance.
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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What is the Ownership and Shareholding Structure of Avasara Finance?
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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Korodi Prabhu is a mutual person
Charges (Loans)
₹2.02 Cr
₹0
Charges Breakdown by Lending Institutions
- Central Bank Of India : 2.02 Cr
Latest Charge Details
| 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 |
How Many Employees Work at Avasara Finance?
Unlock and access historical data on people associated with Avasara 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 Avasara 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 Avasara 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
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