Eql Financial Technologies Profile
Key Indicators
- Authorised Capital ₹ 2.80 Cr
- Paid Up Capital ₹ 2.32 Cr
- Company Age 17 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.00 Cr
- Satisfied Charges ₹ 4.70 Cr
- Revenue Growth -56.65%
- Profit Growth -81.78%
- Ebitda -115.78%
- Net Worth -10.19%
- Total Assets 7.65%
About Eql Financial Technologies
Eql Financial Technologies Private Limited (EFTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 June 2007 and has a history of 17 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Verve Financial Services Private Limited. The Company is engaged in the Internet 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 2.80 Cr and a paid-up capital of Rs 2.32 Cr.
The company currently has active open charges totaling ₹9.00 Cr. The company has closed loans amounting to ₹4.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shuba Charles and Lionel Charles serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U65191TN2007PTC064017
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Company No.
064017
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
19 Jun 2007
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Eql Financial Technologies Private Limited offer?
Eql Financial Technologies Private Limited offers a wide range of products and services, including Corporate Finance & Leasing Advisors, Financial Service, Actuarial & Risk Management, Risk Management Services.
Who are the key members and board of directors at Eql Financial Technologies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lionel Charles
|
Managing Director | 15-Oct-2010 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Shuba Charles
|
Director | 19-Jun-2007 | Current |
Financial Performance of Eql Financial Technologies.
Eql Financial Technologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 56.65% decrease. The company also saw a substantial fall in profitability, with a 81.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.19%.
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What is the Ownership and Shareholding Structure of Eql Financial Technologies?
In 2023, Eql Financial Technologies had a promoter holding of 71.27% and a public holding of 28.73%. 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)
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Indiafilings Private LimitedShuba Charles and Lionel Charles are mutual person
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Eql Fintech Private LimitedLionel Charles is a mutual person
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High Fly Farms Private LimitedShuba Charles is a mutual person
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Carols Hospitality Private Limited
Shuba Charles is a mutual person
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Dr. Shuba Charles Wellness Ventures Private Limited
Shuba Charles is a mutual person
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Eql Foundation
Lionel Charles is a mutual person
Charges (Loans)
₹9.00 Cr
₹4.70 Cr
Charges Breakdown by Lending Institutions
- Others : 9.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2022 | Others | ₹5.00 Cr | Open |
| 14 Jan 2019 | Others | ₹4.00 Cr | Open |
| 20 Jan 2020 | Others | ₹1.33 M | Satisfied |
| 23 Nov 2019 | Others | ₹2.17 M | Satisfied |
| 07 Nov 2019 | Others | ₹3.44 M | Satisfied |
How Many Employees Work at Eql Financial Technologies?
Eql Financial Technologies has a workforce of 149 employees as of Apr 02, 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 Eql Financial Technologies, 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 Eql Financial Technologies'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.
