Equitable Finance Profile
Key Indicators
- Authorised Capital ₹ 1.01 Cr
- Paid Up Capital ₹ 2.00 M
- Company Age 37 Year, 3 Months
- Last Filing with ROC 31 Mar 2017
- Satisfied Charges ₹ 5.00 Cr
- Revenue Growth -14.05%
- Profit Growth -9.77%
- Ebitda 9.51%
- Net Worth -0.84%
- Total Assets -0.82%
About Equitable Finance
Equitable Finance Limited (EFL) is a Public Limited Indian Non-Government Company incorporated in India on 02 November 1987 and has a history of 37 years and three months. 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 2017. It's a company limited by shares with an authorized capital of Rs 1.01 Cr and a paid-up capital of Rs 2.00 M.
The company has closed loans amounting to ₹5.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Naushad Padamsee, Riaz Padamsee, Shamim Padamsee, and One other member 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
U65910MH1987PLC045187
- Company No.
045187
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Nov 1987
- Date of AGM
30 Sep 2017
- Date of Balance Sheet
31 Mar 2017
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Equitable Finance?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Riaz Padamsee  | Director | 08-Jul-1997 | Current |
| Naushad Padamsee | Director | 28-Oct-1991 | Current |
| Shamim Padamsee | Director | 08-Jul-1993 | Current |
| Noorjehan Padamsee | Director | 28-Oct-1991 | Current |
Financial Performance of Equitable Finance.
Equitable Finance Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 14.05% decrease. The company also saw a slight decrease in profitability, with a 9.77% decrease in profit. The company's net worth dipped by a decrease of 0.84%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Equitable Finance?
In 2017, Equitable Finance had a promoter holding of 100.00%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Eagle Agro-Farm Private LtdNaushad Padamsee, Riaz Padamsee and 2 more are mutual person
- Adler Metals And Packaging Private Limited
Naushad Padamsee, Riaz Padamsee and 2 more are mutual person
- Eagle Gaz And Appliances Private Limited
Naushad Padamsee, Riaz Padamsee and 2 more are mutual person
- Padamsee Consolidated Private Limited
Riaz Padamsee, Shamim Padamsee and 1 more are mutual person
- Eagle Flask Industries Private Limited
Noorjehan Padamsee is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹5.00 Cr
Charges Breakdown by Lending Institutions
- Punjab National Bank : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 May 2001 | Punjab National Bank | ₹5.00 Cr | Satisfied |
How Many Employees Work at Equitable Finance?
Unlock and access historical data on people associated with Equitable 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 Equitable 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 Equitable 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.