Abans Fintrade Private Limited

Manufactures and trades jewelry, incorporated in 2015, based in Mumbai.

2015 | Mumbai, Maharashtra (India) | Active
Last Updated:

Abans Fintrade Profile

Key Indicators

  • Authorised Capital ₹ 2.85 Cr
  • Paid Up Capital ₹ 7.03 M
  • Company Age 9 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 504.06 Cr
  • Revenue Growth -55.87%
  • Profit Growth -3544.00%
  • Ebitda -79.41%
  • Net Worth 54.81%
  • Total Assets -18.91%

About Abans Fintrade

Abans Fintrade Private Limited (AFPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 August 2015 (Nine years and six months 7 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Abans Fortune Gems Private Limited. The Company is engaged in the Musical Instruments 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 2.85 Cr and a paid-up capital of Rs 7.03 M.

The company has closed loans amounting to ₹504.06 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Shivshankar Singh and Atish Tripathy serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    abans.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U64990MH2015PTC267779

  • Company No.

    267779

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Musical Instruments

Who are the key members and board of directors at Abans Fintrade?

Board Members (2)

NameDesignationAppointment DateStatus
Shivshankar Singh Country flag representing In Director 13-Mar-2024Current
Atish Tripathy Country flag representing In Director 11-Jan-2021Current

Financial Performance of Abans Fintrade.

Abans Fintrade Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 55.87% decrease. The company also saw a substantial fall in profitability, with a 3544% decrease in profit. The company's net worth Soared by an impressive increase of 54.81%.

Abans Fintrade revenue growth over time
Abans Fintrade 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
-55.87%
Revenue from Operations
-69.05%
Total Assets
-18.91%
Profit or Loss
-3544.00%
Net Worth
54.81%
EBITDA
-79.41%

What is the Ownership and Shareholding Structure of Abans Fintrade?

In 2023, Abans Fintrade had a promoter holding of 85.32% and a public holding of 14.68%. The company had 1 Subsidiary. 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

₹504.06 Cr

Charges Breakdown by Lending Institutions

  • Others : 422.06 Cr
  • State Bank Of India : 82.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Sep 2020Others₹56.50 CrSatisfied
27 Aug 2020Others₹25.56 CrSatisfied
26 Sep 2019State Bank Of India₹82.00 CrSatisfied
14 Jun 2019Others₹90.00 CrSatisfied
22 Mar 2017Others₹250.00 CrSatisfied

How Many Employees Work at Abans Fintrade?

Abans Fintrade has a workforce of 18 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.

Employee growth trends for Abans Fintrade Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abans Fintrade, 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 Abans Fintrade'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 Abans Fintrade

Recent activity within the organization

  • Director Appointment

    Shivshankar Singh was appointed as a Director was appointed as a Director on 13 Mar 2024 & has been associated with this company since 11 months 19 days .

  • Annual General Meeting

    Abans Fintrade Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 03 Sep 2020 via Charge ID 100372952 with Others was fully satisfied on 05 Jun 2023.

  • Balance Sheet

    Abans Fintrade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 56.50 Cr registered on 03 Sep 2020 with Charge ID 100372952 was modified on 07 Jun 2022.

  • Charges

    A charge registered on 22 Mar 2017 via Charge ID 100147109 with Others was fully satisfied on 19 Apr 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Abans Fintrade Private Limited?

    Abans Fintrade Private Limited was incorporated on 26 Aug 2015.

  • What is authorized share capital and paid-up capital of Abans Fintrade Private Limited?

    The authorized share capital of Abans Fintrade Private Limited is ₹ 2.85 Cr and paid-up capital is ₹ 7.03 M.

  • Who are the current board members & directors of Abans Fintrade Private Limited?

    Currently 2 directors are associated with Abans Fintrade Private Limited.

    • Shivshankar Singh
    • Atish Tripathy

  • What is the registered address of Abans Fintrade Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Abans Fintrade Private Limited is 36/37/38A 3Rd Floor 227 Nariman Bhavan Backbay Reclamation Point, India, Mumbai, Maharashtra, 400021.

  • What is the corporate identification number (CIN) and company number of Abans Fintrade Private Limited?

    The corporate identification number (CIN) of Abans Fintrade Private Limited is U64990MH2015PTC267779 and the company number is 267779 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Abans Fintrade Private Limited?

    The Official website of Abans Fintrade Private Limited is https://www.abans.co.in

  • What has been the recent revenue trend for Abans Fintrade Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Abans Fintrade Private Limited has fallen by -55.87%.

  • How many employees does Abans Fintrade Private Limited currently have?

    As Per 2023 financial reports, 18 employees are currently employed by Abans Fintrade Private Limited.

  • What change has been observed in the net worth of Abans Fintrade Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Abans Fintrade Private Limited has experienced an upsurge of 54.81%.

  • When was the last Balance Sheet of Abans Fintrade Private Limited filed with the ROC?

    The most recent Balance Sheet for Abans Fintrade Private Limited was filed with the ROC on 31 Mar 2023.

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