Fairdeal General Finance Co Limited

Provides hire-purchase financing for vehicles and transport equipment since 1984.

1984 | Sangrur, Punjab (India) | Active
Last Updated:

Fairdeal General Finance Co Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.58 Cr
  • Company Age 41 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -27.41%
  • Profit Growth 439.07%
  • Ebitda -68.69%
  • Net Worth 2.83%
  • Total Assets 2.13%

About Fairdeal General Finance Co

Fairdeal General Finance Co Limited (FGFCL) is a Public Limited Indian Non-Government Company incorporated in India on 25 January 1984 and has a history of 41 years and three months. Its registered office is in Sangrur, Punjab, India.

The Corporate was formerly known as Fairdeal General Finance Co 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 5.00 Cr and a paid-up capital of Rs 4.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amarjit Singh, Narinder Sandhu, Kewal Singh, and One other member serve as directors at the Company.

Company Details

  • Location

    Sangrur, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921PB1984PLC005713

  • Company No.

    005713

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Jan 1984

  • Date of AGM

    31 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services
Company report

Fairdeal General Finance Co Limited

Explore comprehensive data for Fairdeal General Finance Co Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Fairdeal General Finance Co?

Board Members (4)

NameDesignationAppointment DateStatus
Amarjit Singh Country flag representing In Director 18-Jul-2018Current
Narinder Sandhu Country flag representing In Director 18-Jul-2018Current
Kewal Singh Country flag representing In Additional Director 10-Aug-2023Current
Harpreet Kaur Country flag representing In Director 08-Apr-2019Current

Financial Performance of Fairdeal General Finance Co.

Fairdeal General Finance Co Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 27.41% decrease. The company also saw a substantial improvement in profitability, with a 439.07% increase in profit. The company's net worth moved up by a moderate rise of 2.83%.

Fairdeal General Finance Co revenue growth over time
Fairdeal General Finance Co profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-27.41%
Revenue from Operations
-51.96%
Total Assets
2.13%
Profit or Loss
439.07%
Net Worth
2.83%
EBITDA
-68.69%

What is the Ownership and Shareholding Structure of Fairdeal General Finance Co?

In 2018, Fairdeal General Finance Co had a promoter holding of 91.17% and a public holding of 8.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Fairdeal General Finance Co?

Unlock and access historical data on people associated with Fairdeal General Finance Co, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Fairdeal General Finance Co Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fairdeal General Finance Co, 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 Fairdeal General Finance Co's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Fairdeal General Finance Co

Recent activity within the organization

  • Annual General Meeting

    Fairdeal General Finance Co Limited last Annual general meeting of members was held on 31 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Fairdeal General Finance Co Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Kewal Singh was appointed as a Additional Director was appointed as a Additional Director on 10 Aug 2023 & has been associated with this company since 1 year 9 months .

  • Director Appointment

    Harpreet Kaur was appointed as a Director was appointed as a Director on 08 Apr 2019 & has been associated with this company since 6 years 1 month .

  • Director Appointment

    Amarjit Singh was appointed as a Director was appointed as a Director on 18 Jul 2018 & has been associated with this company since 6 years 9 months .

  • Director Appointment

    Narinder Pal Singh Sandhu was appointed as a Director was appointed as a Director on 18 Jul 2018 & has been associated with this company since 6 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Fairdeal General Finance Co Limited?

    Fairdeal General Finance Co Limited was incorporated on 25 Jan 1984.

  • What is authorized share capital and paid-up capital of Fairdeal General Finance Co Limited?

    The authorized share capital of Fairdeal General Finance Co Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.58 Cr.

  • Who are the current board members & directors of Fairdeal General Finance Co Limited?

    Currently 4 directors are associated with Fairdeal General Finance Co Limited.

    • Amarjit Singh
    • Narinder Pal Singh Sandhu
    • Kewal Singh
    • Harpreet Kaur

  • What is the registered address of Fairdeal General Finance Co Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Fairdeal General Finance Co Limited is Qilla Road, Near Truck Union India, Malerkotla, Punjab, 148023.

  • What is the corporate identification number (CIN) and company number of Fairdeal General Finance Co Limited?

    The corporate identification number (CIN) of Fairdeal General Finance Co Limited is U65921PB1984PLC005713 and the company number is 005713 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Fairdeal General Finance Co Limited?

    The Official website of Fairdeal General Finance Co Limited is https://www.themiragegroup.co

  • What has been the recent revenue trend for Fairdeal General Finance Co Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Fairdeal General Finance Co Limited has fallen by -27.41%.

  • What change has been observed in the net worth of Fairdeal General Finance Co Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Fairdeal General Finance Co Limited has experienced an upsurge of 2.83%.

  • When was the last Balance Sheet of Fairdeal General Finance Co Limited filed with the ROC?

    The most recent Balance Sheet for Fairdeal General Finance Co Limited was filed with the ROC on 31 Mar 2024.

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