Clarity Financial Services Limited

Founded in 1993 and headquartered in West Bengal, India.

1993 | Kolkata, West Bengal (India) | Active
Last Updated: December 21, 2024

Clarity Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.10 Cr
  • Company Age 31 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.80 M
  • Revenue Growth -80.24%
  • Profit Growth -95.87%
  • Ebitda -406.66%
  • Net Worth 0.16%
  • Total Assets -5.84%

About Clarity Financial Services

Clarity Financial Services Limited (CFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 April 1993 and has a history of 31 years and nine months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Clarity Financial 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.10 Cr.

The company has closed loans amounting to ₹3.80 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Clarity Financial Services Limited India are Varsha Agarwal as COMPANY SECRETARY and Archit Gupta as Cfo.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65999WB1993PLC058631

  • Company No.

    058631

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Apr 1993

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Clarity Financial Services?

Executive Team (3)

Name Designation Appointment Date Status
Sanjay Gupta Country flag representing In Managing Director 22-Apr-1993 Current
Varsha Agarwal Country flag representing In Company Secretary 04-Jun-2019 Current
Archit Gupta Country flag representing In CFO 04-Jun-2019 Current

Board Members (4)

Name Designation Appointment Date Status
Tamanna Gupta Country flag representing In Director 06-Jul-2017 Current
Bharti Gupta Country flag representing In Director 26-Feb-2014 Current
Alok Ghosh Country flag representing In Director 14-Aug-2023 Current
Amit Mullick Country flag representing In Director 07-Feb-2024 Current

Financial Performance of Clarity Financial Services.

Clarity Financial Services Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 80.24% decrease. The company also saw a substantial fall in profitability, with a 95.87% decrease in profit. The company's net worth moved up by a moderate rise of 0.16%.

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
-80.24%
Revenue from Operations
-80.61%
Total Assets
-5.84%
Profit or Loss
-95.87%
Net Worth
0.16%
EBITDA
-406.66%

What is the Ownership and Shareholding Structure of Clarity Financial Services?

In 2020, Clarity Financial Services had a promoter holding of 30.15% and a public holding of 69.85%. 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

₹0.38 Cr

Charges Breakdown by Lending Institutions

  • Punjab & Sind Bank : 0.38 Cr

Latest Charge Details

Date Lender Amount Status
14 Mar 2001 Punjab & Sind Bank ₹3.80 M Satisfied

How Many Employees Work at Clarity Financial Services?

Clarity Financial Services has a workforce of 23 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 Clarity Financial Services, 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 Clarity Financial Services'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 Clarity Financial Services

Recent activity within the organization

  • Annual General Meeting

    Clarity Financial Services Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Clarity Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Amit Mullick was appointed as a Director was appointed as a Director on 07 Feb 2024 & has been associated with this company since 11 months 27 days .

    07 Feb 2024

  • Director Appointment

    Alok Ghosh was appointed as a Director was appointed as a Director on 14 Aug 2023 & has been associated with this company since 1 year 5 months .

    14 Aug 2023

  • Charges

    A charge registered on 14 Mar 2001 via Charge ID 90250446 with Punjab & Sind Bank was fully satisfied on 19 Apr 2021.

    19 Apr 2021

  • Director Appointment

    Archit Gupta was appointed as a Cfo was appointed as a Cfo on 04 Jun 2019 & has been associated with this company since 5 years 8 months .

    04 Jun 2019

Frequently asked questions

  • Clarity Financial Services Limited was incorporated on 22 Apr 1993.

  • The authorized share capital of Clarity Financial Services Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.10 Cr.

  • Currently 7 directors are associated with Clarity Financial Services Limited.

    • Sanjay Gupta
    • Bharti Gupta
    • Alok Ghosh
    • Amit Mullick
    • Varsha Agarwal
    • Archit Gupta
    • Tamanna Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Clarity Financial Services Limited is 29 Ganesh Chandra Avenue, 4Th Floor India, Kolkata, West Bengal, 700013.

  • The corporate identification number (CIN) of Clarity Financial Services Limited is L65999WB1993PLC058631 and the company number is 058631 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Clarity Financial Services Limited is https://www.clarityforex.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Clarity Financial Services Limited has fallen by -80.24%.

  • As Per 2021 financial reports, 23 employees are currently employed by Clarity Financial Services Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Clarity Financial Services Limited has experienced an upsurge of 0.16%.

  • The most recent Balance Sheet for Clarity Financial Services Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Forex Services