Finar Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 9.75 Cr
- Company Age 26 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 107.53 Cr
- Revenue Growth 16.38%
- Profit Growth 118.27%
- Ebitda 85.28%
- Net Worth 10.29%
- Total Assets -4.05%
About Finar
Finar Limited (FL) is Amalgamated company established on 02 Sep 1998 with its office registered at Ahmedabad, Gujarat, India and has been running since 26 Year, 6 Months with a paid up capital of 9.75 Cr. According to MCA records, 4 Directors and 2 Signatories are linked to this company as of 18 Jan 2025.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24231GJ1998PLC034615
- Company No.
034615
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Sep 1998
- Date of AGM
01 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Chemicals and Materials
What products or services does Finar Limited offer?
Finar Limited offers a wide range of products and services, including Chemical Reagents & Catalysts, Ammonium Compound, Laboratory Reagents, Chemical Compound, HPLC Solvents, Ayurvedic Powder and Medicinal Herbs, Herbal Powder, Laboratory & Lab Equipment, Laboratory Paper, Pharmaceutical Excipients.
Finar Limited
Explore comprehensive data for Finar Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Finar?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunil Punjabi  | Managing Director | 07-Jan-2023 | Current |
| Arpit Butala | CFO | 16-Feb-2024 | Current |
| Madhaviben Dave | Company Secretary | 01-May-2016 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varun Rao  | Director | 13-May-2021 | Current |
| James Steele | Director | 13-May-2021 | Current |
| Arpit Butala | Whole-Time Director and Cfo | 06-Feb-2024 | Current |
Financial Performance of Finar.
Finar Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.38% increase. The company also saw a substantial improvement in profitability, with a 118.27% increase in profit. The company's net worth Soared by an impressive increase of 10.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Finar?
In 2021, Finar had a promoter holding of 99.55% and a public holding of 0.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Aceto Pharma (India) Private LimitedVarun Rao, Sunil Punjabi and 3 more are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹107.53 Cr
Charges Breakdown by Lending Institutions
- Others : 107.30 Cr
- Hdfc Bank Limited : 0.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Feb 2020 | Hdfc Bank Limited | ₹2.00 M | Satisfied |
| 29 Jan 2009 | Hdfc Bank Limited | ₹0.29 M | Satisfied |
| 24 Nov 2000 | Others | ₹53.65 Cr | Satisfied |
| 12 Sep 2000 | Others | ₹53.65 Cr | Satisfied |
How Many Employees Work at Finar?
Finar has a workforce of 238 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 Finar, 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 Finar'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 Finar
Recent activity within the organization
- Director Appointment
Arpit Chandrakant Butala was appointed as a Cfo was appointed as a Cfo on 16 Feb 2024 & has been associated with this company since 1 year 29 days .
- Director Appointment
Arpit Chandrakant Butala was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 06 Feb 2024 & has been associated with this company since 1 year 1 month .
- Annual General Meeting
Finar Limited last Annual general meeting of members was held on 01 Sep 2023 as per latest MCA records.
- Balance Sheet
Finar Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Director Appointment
Sunil Punjabi was appointed as a Managing Director was appointed as a Managing Director on 07 Jan 2023 & has been associated with this company since 2 years 2 months .
- Charges
A charge registered on 29 Feb 2020 via Charge ID 100327907 with Hdfc Bank Limited was fully satisfied on 25 May 2021.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Finar Limited?
Finar Limited was incorporated on 02 Sep 1998.
What is authorized share capital and paid-up capital of Finar Limited?
The authorized share capital of Finar Limited is ₹ 20.00 Cr and paid-up capital is ₹ 9.75 Cr.
Who are the current board members & directors of Finar Limited?
Currently 6 directors are associated with Finar Limited.
- Varun Vijay Rao
- Sunil Punjabi
- James Douglas Steele
- Arpit Chandrakant Butala
- Arpit Chandrakant Butala
- Madhaviben Bhaskarbhai Dave
What is the registered address of Finar Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Finar Limited is 184-185-186/P Vill: Chacharwadi Vasna Sarkhej Bavla Highway, Sanand India, Ahmedabad, Gujarat, 382110.
What is the corporate identification number (CIN) and company number of Finar Limited?
The corporate identification number (CIN) of Finar Limited is U24231GJ1998PLC034615 and the company number is 034615 as per Ministry of Corporate Affairs (MCA).
What is the official website of Finar Limited?
The Official website of Finar Limited is https://www.finarchemicals.com
What has been the recent revenue trend for Finar Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Finar Limited has risen by 16.38%.
How many employees does Finar Limited currently have?
As Per 2023 financial reports, 238 employees are currently employed by Finar Limited.
What change has been observed in the net worth of Finar Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Finar Limited has experienced an upsurge of 10.29%.
When was the last Balance Sheet of Finar Limited filed with the ROC?
The most recent Balance Sheet for Finar Limited was filed with the ROC on 31 Mar 2023.
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