Edelweiss Retail Finance Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 42.95 Cr
- Company Age 28 Year, 2 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,605.00 Cr
- Satisfied Charges ₹ 1,567.86 Cr
- Revenue Growth -26.87%
- Profit Growth 50.44%
- Ebitda -7.76%
- Net Worth 5.49%
- Total Assets -18.17%
About Edelweiss Retail Finance
Edelweiss Retail Finance Limited (ERFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 February 1997 and has a history of 28 years. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Affluent Dealcom 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 50.00 Cr and a paid-up capital of Rs 42.95 Cr.
The company currently has active open charges totaling ₹1,605.00 Cr. The company has closed loans amounting to ₹1,567.86 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Edelweiss Retail Finance Limited India are Hitesh Bhadada as CFO and Reema Shah as Company Secretary. Sunil Phatarphekar, Vinod Juneja, and Shama Asnani serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67120MH1997PLC285490
- Company No.
285490
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Feb 1997
- Date of AGM
18 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Edelweiss Retail Finance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hitesh Bhadada  | CFO | 26-Jul-2022 | Current |
| Reema Shah | Company Secretary | 01-Aug-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sunil Phatarphekar | Director | 12-Apr-2020 | Current |
| Vinod Juneja | Director | 15-May-2021 | Current |
| Shama Asnani | Director | Current |
Financial Performance of Edelweiss Retail Finance.
Edelweiss Retail Finance Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.87% decrease. The company also saw a substantial improvement in profitability, with a 50.44% increase in profit. The company's net worth moved up by a moderate rise of 5.49%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Edelweiss Retail Finance?
In 2023, Edelweiss Retail Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ajit Balakrishnan FoundationSunil Phatarphekar is a mutual person
Edelweiss Rural & Corporate Services LimitedVinod Juneja is a mutual person
Shyam Telecom LimitedVinod Juneja is a mutual person
Edel Finance Company LimitedSunil Phatarphekar and Vinod Juneja are mutual person
- Eaaa India Alternatives Limited
Sunil Phatarphekar is a mutual person
- Ecap Equities Limited
Vinod Juneja is a mutual person
Charges (Loans)
₹1,605.00 Cr
₹1,567.86 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 1500.00 Cr
- Others : 105.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2024 | Others | ₹30.00 Cr | Open |
| 03 Jul 2023 | Others | ₹10.00 Cr | Open |
| 31 Dec 2022 | Others | ₹30.00 Cr | Open |
| 20 Mar 2018 | Idbi Trusteeship Services Limited | ₹500.00 Cr | Open |
| 06 Nov 2017 | Idbi Trusteeship Services Limited | ₹500.00 Cr | Open |
How Many Employees Work at Edelweiss Retail Finance?
Unlock and access historical data on people associated with Edelweiss Retail Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Edelweiss Retail Finance, 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 Edelweiss Retail Finance'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.
