Commitment Finance Ltd

Commitment Finance Ltd

Financial services company providing investments, loans, and financing for industrial enterprises.
1990 | Kolkata, West Bengal (India) | Active

Last Updated:

June 25, 2024
HomeCompanyCommitment Finance Ltd

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

Executive Team (3)

NameDesignationAppointment DateStatus
Turlapati RaoCFO26-Sep-2023Current
Sumit Ladia InCompany SecretaryCurrent
Rajesh Singhal InManaging Director10-Oct-2017Current

Board Members(2)

NameDesignationAppointment DateStatus
Megha Jain In Director 28-Jun-2017Current
Sanjay Khazanchi In Director 07-May-2018Current

Financial Performance and Corporate Structure Insights of Commitment Finance.

Commitment Finance Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 32.77% decrease. The company also saw a substantial fall in profitability, with a 80.5% decrease in profit. The company's net worth dipped by a decrease of 9.42%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-32.77%
Revenue from Operations
31.23%
Total Assets
-5.34%
Profit or Loss
-80.50%
Net Worth
-9.42%
EBITDA
-47.84%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Commitment Finance?

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

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Commitment Finance

Recent activity within the organization

  • Annual General Meeting

    Commitment Finance Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Turlapati Venkatachalapathi Rao was appointed as a Cfo was appointed as a Cfo on 26 Sep 2023 & has been associated with this company since 1 year 2 months .

    26 Sep 2023

  • Balance Sheet

    Commitment Finance Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Sanjay Khazanchi was appointed as a Director was appointed as a Director on 07 May 2018 & has been associated with this company since 6 years 7 months .

    07 May 2018

  • Director Appointment

    Rajesh Singhal was appointed as a Managing Director was appointed as a Managing Director on 10 Oct 2017 & has been associated with this company since 7 years 2 months .

    10 Oct 2017

  • Director Appointment

    Megha Jain was appointed as a Director was appointed as a Director on 28 Jun 2017 & has been associated with this company since 7 years 5 months .

    28 Jun 2017

Frequently asked questions

  • Commitment Finance Ltd was incorporated on 18 Dec 1990.

  • The authorized share capital of Commitment Finance Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 4.90 Cr.

  • Currently 5 directors are associated with Commitment Finance Ltd.

    • Turlapati Venkatachalapathi Rao
    • Sumit Kumar Ladia
    • Rajesh Singhal
    • Megha Jain
    • Sanjay Khazanchi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Commitment Finance Ltd is 159 Rabindra Sarani 3Rd Floor, Room No 3C, Kolkata, West Bengal, India, 700007.

  • The corporate identification number (CIN) of Commitment Finance Ltd is L65923WB1990PLC050406 and the company number is 050406 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Commitment Finance Ltd is https://www.commitmentfinance.net.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Commitment Finance Ltd has fallen by -32.77%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Commitment Finance Ltd has experienced an downturn of -9.42%.

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

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