Barota Finance Limited

Non-banking finance company providing financial services, affiliated with Indo Farm Equipment Ltd.

2016 | Chandigarh (India) | Active
Last Updated: October 24, 2024

Barota Finance Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 20.00 Cr
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 195.00 Cr
  • Satisfied Charges ₹ 5.28 Cr
  • Revenue Growth 8.76%
  • Profit Growth -27.70%
  • Ebitda 6.51%
  • Net Worth 22.57%
  • Total Assets 5.62%

About Barota Finance

Barota Finance Limited (BFL) is a Public Limited Indian Non-Government Company incorporated in India on 24 October 2016 (Eight years and four months 1 days old ). Its registered office is in Chandigarh, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 20.00 Cr.

The company currently has active open charges totaling ₹195.00 Cr. The company has closed loans amounting to ₹5.28 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Barota Finance Limited India are Gurvinder Chadha as Cfo, Vishal Dewliya as Ceo, and Aayushi as Company Secretary. Sunita Saini, Ranbir Khadwalia, Sat Mittal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    barotafinance.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67200CH2016PLC041263

  • Company No.

    041263

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Oct 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

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

Executive Team (3)

NameDesignationAppointment DateStatus
Gurvinder Chadha CFO16-Jun-2021Current
Vishal Dewliya CEO01-Jul-2021Current
Aayushi Company Secretary01-Jul-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Sunita Saini Country flag representing In Director 24-Oct-2016Current
Ranbir Khadwalia Country flag representing In Director 24-Oct-2016Current
Sat Mittal Country flag representing In Director 28-Oct-2016Current
Anshul Khadwalia Country flag representing In Director 28-Oct-2016Current
Brij Mahindroo Country flag representing In Director 04-Jun-2019Current

Financial Performance of Barota Finance.

Barota Finance Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.76% increase. The company also saw a substantial fall in profitability, with a 27.7% decrease in profit. The company's net worth Soared by an impressive increase of 22.57%.

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
8.76%
Revenue from Operations
9.12%
Total Assets
5.62%
Profit or Loss
-27.70%
Net Worth
22.57%
EBITDA
6.51%

What is the Ownership and Shareholding Structure of Barota Finance?

In 2023, Barota 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

₹195.00 Cr

Satisfied Charges

₹5.28 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 145.00 Cr
  • Others : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Aug 2022Others₹50.00 CrOpen
04 Jun 2022Canara Bank₹25.00 CrOpen
10 Jun 2021Canara Bank₹40.00 CrOpen
28 Jan 2020Canara Bank₹40.00 CrOpen
22 Dec 2017Canara Bank₹40.00 CrOpen

How Many Employees Work at Barota Finance?

Barota Finance has a workforce of 204 employees as of Apr 03, 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 Barota 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 Barota 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 Barota Finance

Recent activity within the organization

  • Annual General Meeting

    Barota Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Barota Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 26 Aug 2022 with Charge ID 100609785 was modified on 17 Jan 2023.

    17 Jan 2023

  • Charges

    A charge registered on 28 Sep 2018 via Charge ID 100217393 with Others was fully satisfied on 12 Dec 2022.

    12 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100609785 was registered on 26 Aug 2022.

    26 Aug 2022

  • Charges

    A charge with Canara Bank amounted to Rs. 25.00 Cr with Charge ID 100588571 was registered on 04 Jun 2022.

    04 Jun 2022

Frequently asked questions

  • Barota Finance Limited was incorporated on 24 Oct 2016.

  • The authorized share capital of Barota Finance Limited is ₹ 20.00 Cr and paid-up capital is ₹ 20.00 Cr.

  • Currently 8 directors are associated with Barota Finance Limited.

    • Sunita Saini
    • Ranbir Singh Khadwalia
    • Sat Parkash Mittal
    • Anshul Khadwalia
    • Brij Kishore Mahindroo
    • Gurvinder Singh Chadha
    • Vishal Anand Dewliya
    • Aayushi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Barota Finance Limited is Sco-859 Nac, India, Manimajra, Chandigarh, 160101.

  • The corporate identification number (CIN) of Barota Finance Limited is U67200CH2016PLC041263 and the company number is 041263 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Barota Finance Limited is https://www.barotafinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Barota Finance Limited has risen by 8.76%.

  • As Per 2023 financial reports, 204 employees are currently employed by Barota Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Barota Finance Limited has experienced an upsurge of 22.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Barota Finance Limited amount to ₹ 195.00 Cr.

  • The most recent Balance Sheet for Barota Finance Limited was filed with the ROC on 31 Mar 2024.

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