Berar Finance Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
as on 06-07-2024
- Paid Up Capital ₹ 12.34 Cr
as on 06-07-2024
- Company Age 34 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,566.84 Cr
as on 06-07-2024
- Satisfied Charges ₹ 796.09 Cr
as on 06-07-2024
- Revenue 24.12%
(FY 2023)
- Profit -1.94%
(FY 2023)
- Ebitda 9.29%
(FY 2023)
- Net Worth 6.21%
(FY 2023)
- Total Assets 9.33%
(FY 2023)
About Berar Finance
The Corporate was formerly known as Berar Finance 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 15.00 Cr and a paid-up capital of Rs 12.34 Cr.
The company currently has active open charges totaling ₹1,566.84 Cr. The company has closed loans amounting to ₹796.09 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Berar Finance Limited India are Deepali Balpande as COMPANY SECRETARY and Ravindra Dorle as Cfo. Maroti Jawanjar, Shantaram Mahakalkar, Vishwas Pathak, and Seven other members serve as directors at the Company.
- CIN/LLPIN
U65929MH1990PLC057829
- Company No.
057829
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Aug 1990
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Nagpur, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Berar Finance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Jawanjal  | Managing Director | 01-Apr-2007 | Current |
| Deepali Balpande | Company Secretary | 01-Apr-2008 | Current |
| Ravindra Dorle | CFO | 12-Aug-2023 | Current |
Board Members(9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Himanshu Joshi | Director | 01-Jun-2023 | Current |
| Avishek Addy | Director | 19-Jan-2021 | Current |
| Maroti Jawanjar | Whole-Time Director | 22-Aug-1990 | Current |
| Shantaram Mahakalkar | Director | 25-Sep-2002 | Current |
| Vishwas Pathak | Director | 01-Sep-1990 | Current |
| Atul Sarda | Director | 05-Apr-2008 | Current |
Financial Performance and Corporate Structure Insights of Berar Finance.
Berar Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.12% increase. The company also saw a slight decrease in profitability, with a 1.94% decrease in profit. The company's net worth moved up by a moderate rise of 6.21%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Berar Finance?
In 2023, Berar Finance had a promoter holding of 34.09% and a public holding of 65.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Altum Credo Home Finance Private LimitedActive 8 years 3 monthsHimanshu Joshi and Avishek Addy are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 30 Mar 2024 | ₹30.00 Cr | Open |
Others Creation Date: 27 Mar 2024 | ₹30.00 Cr | Open |
Others Creation Date: 21 Mar 2024 | ₹8.00 Cr | Open |
How Many Employees Work at Berar Finance?
Berar Finance has a workforce of 1753 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Berar 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 Berar 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.
