Eduvanz Financing Profile
Key Indicators
- Authorised Capital ₹ 3.60 Cr
- Paid Up Capital ₹ 2.94 Cr
- Company Age 8 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 240.19 Cr
- Satisfied Charges ₹ 379.20 Cr
- Revenue Growth 77.87%
- Profit Growth -87.39%
- Ebitda -26.19%
- Net Worth 66.43%
- Total Assets 74.73%
About Eduvanz Financing
Eduvanz Financing Private Limited (EFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 29 August 2016 (Eight years and eight months 23 days old ). Its registered office is in Mumbai, Maharashtra, India.
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 3.60 Cr and a paid-up capital of Rs 2.94 Cr.
The company currently has active open charges totaling ₹240.19 Cr. The company has closed loans amounting to ₹379.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Varun Chopra and Raheel Shah serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U65999MH2016PTC285244
- Company No.
285244
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Aug 2016
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Eduvanz Financing Private Limited
Explore comprehensive data for Eduvanz Financing Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Eduvanz Financing?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varun Chopra  | Director | 29-Aug-2016 | Current |
| Raheel Shah | Director | 29-Aug-2016 | Current |
Financial Performance of Eduvanz Financing.
Eduvanz Financing Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 77.87% increase. The company also saw a substantial fall in profitability, with a 87.39% decrease in profit. The company's net worth Soared by an impressive increase of 66.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Eduvanz Financing?
In 2022, Eduvanz Financing had a promoter holding of 46.02% and a public holding of 53.98%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Eduvanz Innovation Private Limited
Varun Chopra and Raheel Shah are mutual person
- Eduvanz Credit Finance Private Limited
Varun Chopra and Raheel Shah are mutual person
Educred Technology Private LimitedVarun Chopra and Raheel Shah are mutual person
Charges (Loans)
Open Charges
₹240.19 Cr
Satisfied Charges
₹379.20 Cr
Charges Breakdown by Lending Institutions
- Others : 240.19 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2024 | Others | ₹10.00 Cr | Open |
| 16 Feb 2024 | Others | ₹20.00 Cr | Open |
| 13 Feb 2024 | Others | ₹10.00 Cr | Open |
| 29 Jan 2024 | Others | ₹10.00 Cr | Open |
| 31 Oct 2023 | Others | ₹15.00 Cr | Open |
How Many Employees Work at Eduvanz Financing?
Eduvanz Financing has a workforce of 284 employees as of Apr 09, 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 Eduvanz Financing, 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 Eduvanz Financing'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 Eduvanz Financing
Recent activity within the organization
- Annual General Meeting
Eduvanz Financing Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 27 Dec 2022 via Charge ID 100661789 with Others was fully satisfied on 23 Sep 2024.
- Charges
A charge registered on 06 Jan 2023 via Charge ID 100733319 with Others was fully satisfied on 09 Sep 2024.
- Charges
A charge registered on 29 Jun 2022 via Charge ID 100589772 with Others was fully satisfied on 28 Aug 2024.
- Charges
A charge registered on 29 Nov 2022 via Charge ID 100650805 with Others was fully satisfied on 31 Jul 2024.
- Charges
A charge registered on 29 Nov 2021 via Charge ID 100515010 with Others was fully satisfied on 08 Jul 2024.
Recent News, Updates & Announcement
- Eduvanz financing raises $2M funding from Unitus & Michael and Susan Dell Foundation.
The non-banking finance company helps applicants get access to loans at affordable interest rates online, ensuring credit is disbursed quickly..
Frequently asked questions
What is the Incorporation or founding date of Eduvanz Financing Private Limited?
Eduvanz Financing Private Limited was incorporated on 29 Aug 2016.
What is authorized share capital and paid-up capital of Eduvanz Financing Private Limited?
The authorized share capital of Eduvanz Financing Private Limited is ₹ 3.60 Cr and paid-up capital is ₹ 2.94 Cr.
Who are the current board members & directors of Eduvanz Financing Private Limited?
Currently 2 directors are associated with Eduvanz Financing Private Limited.
- Varun Chopra
- Raheel Chetan Shah
What is the registered address of Eduvanz Financing Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Eduvanz Financing Private Limited is B/202 Times Square Bldg Opp Mittal Industrial Estate Andheri Kurla Road, East India, Mumbai, Maharashtra, 400059.
What is the corporate identification number (CIN) and company number of Eduvanz Financing Private Limited?
The corporate identification number (CIN) of Eduvanz Financing Private Limited is U65999MH2016PTC285244 and the company number is 285244 as per Ministry of Corporate Affairs (MCA).
What is the official website of Eduvanz Financing Private Limited?
The Official website of Eduvanz Financing Private Limited is https://www.eduvanz.com
What has been the recent revenue trend for Eduvanz Financing Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Eduvanz Financing Private Limited has risen by 77.87%.
How many employees does Eduvanz Financing Private Limited currently have?
As Per 2023 financial reports, 284 employees are currently employed by Eduvanz Financing Private Limited.
What change has been observed in the net worth of Eduvanz Financing Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Eduvanz Financing Private Limited has experienced an upsurge of 66.43%.
What are the total open charges for Eduvanz Financing Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Eduvanz Financing Private Limited amount to ₹ 240.19 Cr.
When was the last Balance Sheet of Eduvanz Financing Private Limited filed with the ROC?
The most recent Balance Sheet for Eduvanz Financing Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
AR
Amit RatanpalDirector
Similar Companies Based on NBFC
Tata Capital Limited Mumbai, Maharashtra, India
Shriram Finance Limited Chennai, Tamil Nadu, India
Indian Railway Finance Corporation Limited South West Delhi, Delhi, India
Power Finance Corporation Limited New Delhi, India
Sbi Cards And Payment Services Limited Delhi, India
Mahindra And Mahindra Financial Services Limited Mumbai, Maharashtra, India
Cholamandalam Investment And Finance Company Limited Chennai, Tamil Nadu, India
Bajaj Finance Limited Pune, Maharashtra, India