Easyaccess Financial Services Profile
Key Indicators
- Authorised Capital ₹ 170.00 Cr
- Paid Up Capital ₹ 24.67 Cr
- Company Age 19 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 615.00 Cr
- Revenue Growth -44.88%
- Profit Growth 2257.17%
- Ebitda 159.80%
- Net Worth -36.02%
- Total Assets -35.00%
About Easyaccess Financial Services
Easyaccess Financial Services Limited (EFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 May 2005 and has a history of 19 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Easyaccess 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 170.00 Cr and a paid-up capital of Rs 24.67 Cr.
The company has closed loans amounting to ₹615.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Easyaccess Financial Services Limited India are Mudit Dugar as COMPANY SECRETARY and Sudarsan Kasturi as Cfo. Srinivasan Ramanathan, Muthukumaran Krishnamurthy, Krishnan Ramanathan, and Two other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65999TN2005PLC069447
- Company No.
069447
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 May 2005
- Date of AGM
15 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Easyaccess Financial Services Limited
Explore comprehensive data for Easyaccess Financial Services Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Easyaccess Financial Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Muthukumaran Krishnamurthy  | Managing Director | 03-May-2013 | Current |
| Mudit Dugar | Company Secretary | 14-Jun-2024 | Current |
| Sudarsan Kasturi | CFO | 15-Oct-2018 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sandhya Rajan | Director | 27-May-2019 | Current |
| Srinivasan Ramanathan | Director | 25-Jan-2008 | Current |
| Krishnan Ramanathan | Director | 30-Mar-2015 | Current |
| Santhanakrishnan Subramaniam | Director | 23-Dec-2015 | Current |
Financial Performance of Easyaccess Financial Services.
Easyaccess Financial Services Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 44.88% decrease. The company also saw a substantial improvement in profitability, with a 2257.17% increase in profit. The company's net worth observed a substantial decline by a decrease of 36.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Easyaccess Financial Services?
In 2023, Easyaccess Financial Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Sandhya Rajan is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹615.00 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 190.00 Cr
- Idbi Bank Limited : 70.00 Cr
- Indian Overseas Bank : 60.00 Cr
- Indusind Bank Limited : 60.00 Cr
- Abn Amro Bank N.V : 40.00 Cr
- Others : 195.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 2017 | Standard Chartered Bank | ₹25.00 Cr | Satisfied |
| 12 Jul 2017 | Others | ₹15.00 Cr | Satisfied |
| 24 Jun 2011 | Kotak Mahindra Bank Limited | ₹15.00 Cr | Satisfied |
| 23 Mar 2011 | Ing Vysya Bank Limited | ₹25.00 Cr | Satisfied |
| 14 Sep 2009 | Indusind Bank Limited | ₹60.00 Cr | Satisfied |
How Many Employees Work at Easyaccess Financial Services?
Easyaccess Financial Services has a workforce of 6 employees as of Apr 07, 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 Easyaccess 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 Easyaccess Financial Services'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.
Latest Updates, News, and FAQs on Easyaccess Financial Services
Recent activity within the organization
- Annual General Meeting
Easyaccess Financial Services Limited last Annual general meeting of members was held on 15 Jul 2024 as per latest MCA records.
- Director Appointment
Mudit Dugar was appointed as a Company Secretary was appointed as a Company Secretary on 14 Jun 2024 & has been associated with this company since 10 months 29 days .
- Balance Sheet
Easyaccess Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge registered on 27 Jul 2017 via Charge ID 100116578 with Standard Chartered Bank was fully satisfied on 20 Jul 2020.
- Charges
A charge registered on 10 Mar 2008 via Charge ID 10093007 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 08 Jul 2020.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 25.00 Cr registered on 10 Mar 2008 with Charge ID 10093007 was modified on 12 Feb 2020.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Easyaccess Financial Services Limited?
Easyaccess Financial Services Limited was incorporated on 19 May 2005.
What is authorized share capital and paid-up capital of Easyaccess Financial Services Limited?
The authorized share capital of Easyaccess Financial Services Limited is ₹ 170.00 Cr and paid-up capital is ₹ 24.67 Cr.
Who are the current board members & directors of Easyaccess Financial Services Limited?
Currently 7 directors are associated with Easyaccess Financial Services Limited.
- Srinivasan Ramanathan
- Muthukumaran Krishnamurthy
- Krishnan Ramanathan
- Santhanakrishnan Subramaniam
- Sandhya Rajan
- Mudit Dugar
- Sudarsan Kasturi
What is the registered address of Easyaccess Financial Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Easyaccess Financial Services Limited is No 18 (Old 40) 2Nd Floor, Mussuri Subramaniam Salai (Oliver Road) India, Chennai, Tamil Nadu, 600004.
What is the corporate identification number (CIN) and company number of Easyaccess Financial Services Limited?
The corporate identification number (CIN) of Easyaccess Financial Services Limited is U65999TN2005PLC069447 and the company number is 069447 as per Ministry of Corporate Affairs (MCA).
What is the official website of Easyaccess Financial Services Limited?
The Official website of Easyaccess Financial Services Limited is https://www.easyaccess.co.in
What has been the recent revenue trend for Easyaccess Financial Services Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Easyaccess Financial Services Limited has fallen by -44.88%.
How many employees does Easyaccess Financial Services Limited currently have?
As Per 2023 financial reports, 6 employees are currently employed by Easyaccess Financial Services Limited.
What change has been observed in the net worth of Easyaccess Financial Services Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Easyaccess Financial Services Limited has experienced an downturn of -36.02%.
When was the last Balance Sheet of Easyaccess Financial Services Limited filed with the ROC?
The most recent Balance Sheet for Easyaccess Financial Services Limited was filed with the ROC on 31 Mar 2024.
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