Finar Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 9.75 Cr
- Company Age 26 Year, 5 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
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
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)
| 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)
₹0
₹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.
