

Explicit Finance Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.27 Cr
- Company Age 31 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 86.24%
- Profit Growth 103.70%
- Ebitda 107.41%
- Net Worth 0.13%
- Total Assets 0.13%
About Explicit Finance
Explicit Finance Limited (EFL) is a Public Limited Indian Non-Government Company incorporated in India on 24 February 1994 and has a history of 31 years and one month. Its registered office is in Thane, Maharashtra.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530571.
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 10.00 Cr and a paid-up capital of Rs 9.27 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Explicit Finance Limited India are Siddhesh Patil as CFO and Avinash Mainkar as Company Secretary. Gopal Dave, Avinash Mainkar, Rajesh Nanda, and Two other members serve as directors at the Company.
Company Details
- Location Thane, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L65990MH1994PLC076788
- Company No.
076788
- Stock Symbol
BSE : 530571
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Feb 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Explicit Finance?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Rajesh Nanda ![]() | Managing Director | 14-Aug-2023 | Current |
Siddhesh Patil | CFO | 17-Oct-2023 | Current |
Avinash Mainkar ![]() | Company Secretary | 26-Nov-1994 | Current |
Board Members (4)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Gopal Dave ![]() | Director | 14-Nov-2017 | Current |
Avinash Mainkar ![]() | Director and Company Secretary | 26-Nov-1994 | Current |
Pushparaj Mayekar ![]() | Director | 14-Nov-2017 | Current |
Hetal Bhanushali ![]() | Director | 14-Aug-2023 | Current |
Financial Performance of Explicit Finance.
Explicit Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 86.24% increase. The company also saw a substantial improvement in profitability, with a 103.7% increase in profit. The company's net worth moved up by a moderate rise of 0.13%.


- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Explicit Finance?
In 2022, Explicit Finance had a promoter holding of 12.09% and a public holding of 87.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Trunadhanya Trading Private Limited
Gopal Dave and Avinash Mainkar are mutual person
- Kaladarshan Investments Private Limited
Gopal Dave is a mutual person
- Mukti Precision And Fastners Llp
Rajesh Nanda is a mutual person
- Jsb Commercial Realty Private Limited
Rajesh Nanda is a mutual person
- Adhvaya Trading Private Limited
Pushparaj Mayekar is a mutual person
Charges (Loans)

There are no open charges registered against the company as per our records.
How Many Employees Work at Explicit Finance?
Unlock and access historical data on people associated with Explicit 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 Explicit 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 Explicit 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.
Latest Updates, News, and FAQs on Explicit Finance
Recent activity within the organization
- Annual General Meeting
Explicit Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Explicit Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Siddhesh Bhalchandra Patil was appointed as a Cfo was appointed as a Cfo on 17 Oct 2023 & has been associated with this company since 1 year 6 months .
- Director Appointment
Rajesh S Nanda was appointed as a Managing Director was appointed as a Managing Director on 14 Aug 2023 & has been associated with this company since 1 year 8 months .
- Director Appointment
Hetal Amrutbhai Bhanushali was appointed as a Director was appointed as a Director on 14 Aug 2023 & has been associated with this company since 1 year 8 months .
- Director Appointment
Gopal Bhagwatilal Dave was appointed as a Director was appointed as a Director on 14 Nov 2017 & has been associated with this company since 7 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Explicit Finance Limited?
Explicit Finance Limited was incorporated on 24 Feb 1994.
What is authorized share capital and paid-up capital of Explicit Finance Limited?
The authorized share capital of Explicit Finance Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.27 Cr.
Who are the current board members & directors of Explicit Finance Limited?
Currently 7 directors are associated with Explicit Finance Limited.
- Gopal Bhagwatilal Dave
- Avinash Bhargavram Mainkar
- Rajesh S Nanda
- Pushparaj Vilas Mayekar
- Siddhesh Bhalchandra Patil
- Avinash Bhargavram Mainkar
- Hetal Amrutbhai Bhanushali
What is the registered address of Explicit Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Explicit Finance Limited is 305 Sohan Commercial Plaza Opp. Shivsena Office Vasai East, India, Thane, Maharashtra, 401210.
What is the corporate identification number (CIN) and company number of Explicit Finance Limited?
The corporate identification number (CIN) of Explicit Finance Limited is L65990MH1994PLC076788 and the company number is 076788 as per Ministry of Corporate Affairs (MCA).
Is Explicit Finance Limited registered with any stock exchange in India?
Yes, Explicit Finance Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Explicit Finance Limited?
The Official website of Explicit Finance Limited is https://www.explicitfinance.net
What has been the recent revenue trend for Explicit Finance Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Explicit Finance Limited has risen by 86.24%.
What change has been observed in the net worth of Explicit Finance Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Explicit Finance Limited has experienced an upsurge of 0.13%.
When was the last Balance Sheet of Explicit Finance Limited filed with the ROC?
The most recent Balance Sheet for Explicit Finance Limited was filed with the ROC on 31 Mar 2024.
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