Axis Finance Limited

Provides financing solutions for promoters, real estate, and structured and acquisition funding.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: June 22, 2024

Axis Finance Profile

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 627.06 Cr
  • Company Age 29 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 37,141.58 Cr
  • Satisfied Charges ₹ 7,181.30 Cr
  • Revenue Growth 54.01%
  • Profit Growth 67.21%
  • Ebitda 70.21%
  • Net Worth 44.75%
  • Total Assets 38.75%

About Axis Finance

Axis Finance Limited (AFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 April 1995 and has a history of 29 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Kalpataru Hire Purchase & Leasing 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 1,000.00 Cr and a paid-up capital of Rs 627.06 Cr.

The company currently has active open charges totaling ₹37,141.58 Cr. The company has closed loans amounting to ₹7,181.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Axis Finance Limited India are Amith Iyer as Cfo, Bipin Kumar as Ceo, and Rajneesh Kumar as Company Secretary. Narasimha Kummamuri, Baburao Busi, Amitabh Chaudhry, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    axisfinance.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921MH1995PLC212675

  • Company No.

    212675

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 1995

  • Date of AGM

    06 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Axis Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Bipin Kumar Country flag representing In Managing Director20-Oct-2012Current
Amith Iyer CFO03-Jul-2014Current
Rajneesh Kumar Company Secretary16-Apr-2013Current

Board Members (7)

NameDesignationAppointment DateStatus
Pravin Rao Country flag representing In Director 14-Apr-2022Current
Deepak Maheshwari Country flag representing In Director 26-Jun-2019Current
Biju Pillai Country flag representing In Whole-Time Director 07-Nov-2019Current
Amitabh Chaudhry Country flag representing In Director 17-Jan-2019Current
Narasimha Kummamuri Country flag representing In Director 15-Mar-2023Current
Baburao Busi Country flag representing In Director 16-Apr-2021Current

Financial Performance of Axis Finance.

Axis Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.01% increase. The company also saw a substantial improvement in profitability, with a 67.21% increase in profit. The company's net worth Soared by an impressive increase of 44.75%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
54.01%
Revenue from Operations
54.01%
Total Assets
38.75%
Profit or Loss
67.21%
Net Worth
44.75%
EBITDA
70.21%

What is the Ownership and Shareholding Structure of Axis Finance?

In 2023, Axis Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37,141.58 Cr

Satisfied Charges

₹7,181.30 Cr

Charges Breakdown by Lending Institutions

  • Others : 37141.58 Cr

Latest Charge Details

DateLenderAmountStatus
07 Mar 2024Others₹860.00 CrOpen
27 Feb 2024Others₹600.00 CrOpen
20 Feb 2024Others₹184.00 CrOpen
29 Jan 2024Others₹310.00 CrOpen
29 Dec 2023Others₹795.00 CrOpen

How Many Employees Work at Axis Finance?

Axis Finance has a workforce of 1245 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Axis 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 Axis Finance's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Axis Finance

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 25,495.58 Cr registered on 29 Jul 2019 with Charge ID 100281875 was modified on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 860.00 Cr with Charge ID 100894461 was registered on 07 Mar 2024.

    07 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 600.00 Cr with Charge ID 100892964 was registered on 27 Feb 2024.

    27 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 184.00 Cr with Charge ID 100879714 was registered on 20 Feb 2024.

    20 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 310.00 Cr with Charge ID 100864313 was registered on 29 Jan 2024.

    29 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 795.00 Cr with Charge ID 100852458 was registered on 29 Dec 2023.

    29 Dec 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Axis Finance Limited was incorporated on 27 Apr 1995.

  • The authorized share capital of Axis Finance Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 627.06 Cr.

  • Currently 11 directors are associated with Axis Finance Limited.

    • Narasimha Murthy Kummamuri
    • Baburao Busi
    • Amitabh Chaudhry
    • Bipin Saraf Kumar
    • Pravin Udhyavara Bhadya Rao
    • Pallavi Kanchan
    • Deepak Maheshwari
    • Biju Radhakrishnan Pillai
    • Amith Rangan Iyer
    • Bipin Saraf Kumar
    • Rajneesh Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Axis Finance Limited is Axis House Ground Floor, Wadia International Centre Worli, Mumbai, Maharashtra, India, 400025.

  • The corporate identification number (CIN) of Axis Finance Limited is U65921MH1995PLC212675 and the company number is 212675 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Axis Finance Limited is https://www.axisfinance.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Axis Finance Limited has risen by 54.01%.

  • As Per 2023 financial reports, 1245 employees are currently employed by Axis Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Axis Finance Limited has experienced an upsurge of 44.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Axis Finance Limited amount to ₹ 37,141.58 Cr.

  • The most recent Balance Sheet for Axis Finance Limited was filed with the ROC on 31 Mar 2023.

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