Finar Limited

Produces chemicals for pharmaceutical, laboratory, aquaculture, and food industries.

1998 | Ahmedabad, Gujarat (India) | Merged
Last Updated:

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.

Who are the key members and board of directors at Finar?

Executive Team (3)

NameDesignationAppointment DateStatus
Sunil Punjabi Country flag representing In Managing Director07-Jan-2023Current
Arpit Butala Country flag representing In CFO16-Feb-2024Current
Madhaviben Dave Company Secretary01-May-2016Current

Board Members (3)

NameDesignationAppointment DateStatus
Varun Rao Country flag representing Us Director 13-May-2021Current
James Steele Country flag representing Us Director 13-May-2021Current
Arpit Butala Country flag representing In Whole-Time Director and Cfo 06-Feb-2024Current

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%.

Finar revenue growth over time
Finar 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
16.38%
Revenue from Operations
16.16%
Total Assets
-4.05%
Profit or Loss
118.27%
Net Worth
10.29%
EBITDA
85.28%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
29 Feb 2020Hdfc Bank Limited₹2.00 MSatisfied
29 Jan 2009Hdfc Bank Limited₹0.29 MSatisfied
24 Nov 2000Others₹53.65 CrSatisfied
12 Sep 2000Others₹53.65 CrSatisfied

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.

Employee growth trends for Finar Limited

Deals i

Graph showing company valuation over time

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

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 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 21 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.

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.

People also Viewed

Similar Companies Based on Specialty Chemicals