Bharat Finlease Limited

Non-banking financial services provider, specializing in lease operations and monetary transactions.

1990 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Bharat Finlease Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.17 Cr
  • Company Age 34 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.50 Cr
  • Revenue Growth -51.10%
  • Profit Growth -72.82%
  • Ebitda -121.17%
  • Net Worth 0.55%
  • Total Assets -27.08%

About Bharat Finlease

Bharat Finlease Limited (BFL) is a Public Limited Indian Non-Government Company incorporated in India on 21 September 1990 and has a history of 34 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Shree Aigee Leasing And Finance 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.17 Cr.

The company has closed loans amounting to ₹4.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Purva Nihalani, Somesh Nihalani, and Kailash Kukdeja serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65923GJ1990PLC014402

  • Company No.

    014402

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services
Company report

Bharat Finlease Limited

Explore comprehensive data for Bharat Finlease Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Bharat Finlease?

Board Members (3)

NameDesignationAppointment DateStatus
Purva Nihalani Country flag representing In Director 13-Apr-2021Current
Somesh Nihalani Country flag representing In Director 13-Mar-2020Current
Kailash Kukdeja Country flag representing In Director 28-May-2021Current

Financial Performance of Bharat Finlease.

Bharat Finlease Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 51.1% decrease. The company also saw a substantial fall in profitability, with a 72.82% decrease in profit. The company's net worth moved up by a moderate rise of 0.55%.

Bharat Finlease revenue growth over time
Bharat Finlease 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
-51.10%
Revenue from Operations
-78.38%
Total Assets
-27.08%
Profit or Loss
-72.82%
Net Worth
0.55%
EBITDA
-121.17%

What is the Ownership and Shareholding Structure of Bharat Finlease?

In 2022, Bharat Finlease 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

₹0

Satisfied Charges

₹4.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.50 Cr

Latest Charge Details

DateLenderAmountStatus
28 Nov 2019Others₹4.50 CrSatisfied

How Many Employees Work at Bharat Finlease?

Unlock and access historical data on people associated with Bharat Finlease, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Bharat Finlease Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bharat Finlease, 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 Bharat Finlease'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 Bharat Finlease

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Bharat Finlease Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Kailash Sachchanand Kukdeja was appointed as a Director was appointed as a Director on 28 May 2021 & has been associated with this company since 3 years 11 months .

  • Director Appointment

    Purva Vijay Nihalani was appointed as a Director was appointed as a Director on 13 Apr 2021 & has been associated with this company since 4 years 27 days .

  • Charges

    A charge registered on 28 Nov 2019 via Charge ID 100317706 with Others was fully satisfied on 24 Feb 2021.

  • Director Appointment

    Somesh Nihalani was appointed as a Director was appointed as a Director on 13 Mar 2020 & has been associated with this company since 5 years 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of Bharat Finlease Limited?

    Bharat Finlease Limited was incorporated on 21 Sep 1990.

  • What is authorized share capital and paid-up capital of Bharat Finlease Limited?

    The authorized share capital of Bharat Finlease Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.17 Cr.

  • Who are the current board members & directors of Bharat Finlease Limited?

    Currently 3 directors are associated with Bharat Finlease Limited.

    • Purva Vijay Nihalani
    • Somesh Nihalani
    • Kailash Sachchanand Kukdeja

  • What is the registered address of Bharat Finlease Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bharat Finlease Limited is B-906 9Th Floor Narnarayan Complex Off. C.G. Road Opp Ganesh Plaza Near Navrangpura Bus Stop Navrangpura, Ahmedabad India, Ahmadabad City, Gujarat, 380009.

  • What is the corporate identification number (CIN) and company number of Bharat Finlease Limited?

    The corporate identification number (CIN) of Bharat Finlease Limited is U65923GJ1990PLC014402 and the company number is 014402 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Bharat Finlease Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Bharat Finlease Limited has fallen by -51.10%.

  • What change has been observed in the net worth of Bharat Finlease Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Bharat Finlease Limited has experienced an upsurge of 0.55%.

  • When was the last Balance Sheet of Bharat Finlease Limited filed with the ROC?

    The most recent Balance Sheet for Bharat Finlease Limited was filed with the ROC on 31 Mar 2024.

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