Farsight Securities Limited

Founded in 1995 and headquartered in Delhi, India.

1995 | Delhi (India) | Active
Last Updated: December 08, 2024

Farsight Securities Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.29 Cr
  • Company Age 30 Year, 8 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 21.15 Cr
  • Satisfied Charges ₹ 5.90 Cr
  • Revenue Growth 71.57%
  • Profit Growth 140.49%
  • Ebitda 11.16%
  • Net Worth 20.75%
  • Total Assets 8.98%

About Farsight Securities

Farsight Securities Limited (FSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 January 1995 and has a history of 30 years. Its registered office is in Delhi, 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 10.00 Cr and a paid-up capital of Rs 9.29 Cr.

The company currently has active open charges totaling ₹21.15 Cr. The company has closed loans amounting to ₹5.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Naresh Maheshwari, Manju Maheshwari, and Deoki Nandan serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1995PLC388628

  • Company No.

    065238

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Jan 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Farsight Securities?

Board Members (3)

Name Designation Appointment Date Status
Naresh Maheshwari Country flag representing In Director 15-Sep-1995 Current
Manju Maheshwari Country flag representing In Whole-Time Director 28-Jun-2000 Current
Deoki Nandan Country flag representing In Director 15-Sep-1995 Current

Financial Performance of Farsight Securities.

Farsight Securities Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 71.57% increase. The company also saw a substantial improvement in profitability, with a 140.49% increase in profit. The company's net worth Soared by an impressive increase of 20.75%.

Graph illustrating revenue growth over time
Graph showing 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
71.57%
Revenue from Operations
113.80%
Total Assets
8.98%
Profit or Loss
140.49%
Net Worth
20.75%
EBITDA
11.16%

What is the Ownership and Shareholding Structure of Farsight Securities?

In 2023, Farsight Securities had a promoter holding of 47.28% and a public holding of 52.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.15 Cr

Satisfied Charges

₹5.90 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 21.00 Cr
  • Hdfc Bank Limited : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
29 Dec 2021 Hdfc Bank Limited ₹1.50 M Open
18 Jun 2021 Axis Bank Limited ₹21.00 Cr Open
28 Feb 2006 Canara Bank ₹5.15 Cr Satisfied
10 Dec 2001 Canara Bank ₹2.50 M Satisfied
17 Nov 2001 Canara Bank ₹2.50 M Satisfied

How Many Employees Work at Farsight Securities?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Farsight Securities, 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 Farsight Securities'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 Farsight Securities

Recent activity within the organization

  • Annual General Meeting

    Farsight Securities Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Farsight Securities Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 21.00 Cr registered on 18 Jun 2021 with Charge ID 100458155 was modified on 03 Nov 2022.

    03 Nov 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100519384 was registered on 29 Dec 2021.

    29 Dec 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 21.00 Cr with Charge ID 100458155 was registered on 18 Jun 2021.

    18 Jun 2021

  • Charges

    A charge registered on 28 Feb 2006 via Charge ID 10000275 with Canara Bank was fully satisfied on 27 Apr 2015.

    27 Apr 2015

Frequently asked questions

  • Farsight Securities Limited was incorporated on 24 Jan 1995.

  • The authorized share capital of Farsight Securities Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.29 Cr.

  • Currently 3 directors are associated with Farsight Securities Limited.

    • Naresh Chand Maheshwari
    • Manju Maheshwari
    • Deoki Agrawal Nandan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Farsight Securities Limited is 17-A/55 Triveni Plaza Gurudwara Road Karol Bagh India, New Delhi, 110005.

  • The corporate identification number (CIN) of Farsight Securities Limited is U74899DL1995PLC388628 and the company number is 065238 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Farsight Securities Limited is https://www.farsightshares.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Farsight Securities Limited has risen by 71.57%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Farsight Securities Limited has experienced an upsurge of 20.75%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Farsight Securities Limited amount to ₹ 21.15 Cr.

  • The most recent Balance Sheet for Farsight Securities Limited was filed with the ROC on 31 Mar 2024.

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