Finearc Systems Profile
Key Indicators
- Authorised Capital ₹ 5.01 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 38 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 22.73 Cr
- Satisfied Charges ₹ 15.20 Cr
- Revenue Growth -18.15%
- Profit Growth -56.06%
- Ebitda -63.01%
- Net Worth 4.56%
- Total Assets -16.23%
About Finearc Systems
Finearc Systems Pvt Ltd (FSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 May 1986 and has a history of 38 years and ten months. Its registered office is in Pune, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 5.01 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹22.73 Cr. The company has closed loans amounting to ₹15.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vikram Sirur, Shobha Hegde, Rahul Pathak, and Three other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31904MH1986PTC039713
- Company No.
039713
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 May 1986
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Machinery and Equipment
What products or services does Finearc Systems Pvt Ltd offer?
Finearc Systems Pvt Ltd offers a wide range of products and services, including CNC Machines & Lathe Machine, Metal Forming Machine, Material Cutting Services, Cutting Services, Conveyors, Material Handling Conveyors.
Who are the key members and board of directors at Finearc Systems?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikram Sirur  | Director | 01-Apr-2002 | Current |
| Shobha Hegde | Whole-Time Director | 01-May-1986 | Current |
| Rahul Pathak | Whole-Time Director | 01-Apr-2022 | Current |
| Gayatri Srinivasan | Whole-Time Director | 01-May-1986 | Current |
| Milind Kelkar | Whole-Time Director | 01-Apr-2022 | Current |
| Shrikant Pathak | Whole-Time Director | 01-Oct-1991 | Current |
Financial Performance of Finearc Systems.
Finearc Systems Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.15% decrease. The company also saw a substantial fall in profitability, with a 56.06% decrease in profit. The company's net worth moved up by a moderate rise of 4.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Finearc Systems?
In 2020, Finearc Systems had a promoter holding of 31.84% and a public holding of 68.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sunny Weld Private LimitedMilind Kelkar is a mutual person
Miven Mayfran Conveyors Private LimitedVikram Sirur is a mutual person
Mipro International Private LimitedVikram Sirur is a mutual person
- Ruris Tecnal Extraction Systems Private Limited
Vikram Sirur is a mutual person
- N A Sirur(Hubli)Private Limited
Vikram Sirur is a mutual person
- Miven Cnc Machineries Private Limited
Vikram Sirur is a mutual person
Charges (Loans)
Open Charges
₹22.73 Cr
Satisfied Charges
₹15.20 Cr
Charges Breakdown by Lending Institutions
- Others : 20.00 Cr
- Bank Of India : 2.73 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2021 | Bank Of India | ₹2.73 Cr | Open |
| 28 Jul 1997 | Others | ₹20.00 Cr | Open |
| 27 Mar 2010 | Bank Of India | ₹3.00 Cr | Satisfied |
| 27 Mar 2010 | Bank Of India | ₹2.00 Cr | Satisfied |
| 10 Jul 2006 | Bank Of India | ₹2.00 Cr | Satisfied |
How Many Employees Work at Finearc Systems?
Finearc Systems has a workforce of 162 employees as of Mar 28, 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 Finearc Systems, 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 Finearc Systems'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 Finearc Systems
Recent activity within the organization
- Annual General Meeting
Finearc Systems Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Finearc Systems Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge registered on 27 Mar 2010 via Charge ID 10211195 with Bank Of India was fully satisfied on 08 Aug 2022.
- Charges
A charge registered on 27 Mar 2010 via Charge ID 10212511 with Bank Of India was fully satisfied on 08 Aug 2022.
- Charges
A charge registered on 10 Jul 2006 via Charge ID 10011198 with Bank Of India was fully satisfied on 08 Aug 2022.
- Charges
A charge registered on 14 Jun 2005 via Charge ID 90087324 with Bank Of India was fully satisfied on 08 Aug 2022.
Frequently asked questions
What is the Incorporation or founding date of Finearc Systems Pvt Ltd?
Finearc Systems Pvt Ltd was incorporated on 01 May 1986.
What is authorized share capital and paid-up capital of Finearc Systems Pvt Ltd?
The authorized share capital of Finearc Systems Pvt Ltd is ₹ 5.01 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Finearc Systems Pvt Ltd?
Currently 6 directors are associated with Finearc Systems Pvt Ltd.
- Vikram Raghavesh Sirur
- Shobha Hegde
- Rahul Shrikant Pathak
- Gayatri Srinivasan
- Milind Ganesh Kelkar
- Shrikant Sitaram Pathak
What is the registered address of Finearc Systems Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Finearc Systems Pvt Ltd is No 21 F Ii Block Midcerandawana Pimpri India, Pune, Maharashtra, 411018.
What is the corporate identification number (CIN) and company number of Finearc Systems Pvt Ltd?
The corporate identification number (CIN) of Finearc Systems Pvt Ltd is U31904MH1986PTC039713 and the company number is 039713 as per Ministry of Corporate Affairs (MCA).
What is the official website of Finearc Systems Pvt Ltd?
The Official website of Finearc Systems Pvt Ltd is https://www.finearcsystems.com
What has been the recent revenue trend for Finearc Systems Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Finearc Systems Pvt Ltd has fallen by -18.15%.
How many employees does Finearc Systems Pvt Ltd currently have?
As Per 2023 financial reports, 162 employees are currently employed by Finearc Systems Pvt Ltd.
What change has been observed in the net worth of Finearc Systems Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Finearc Systems Pvt Ltd has experienced an upsurge of 4.56%.
What are the total open charges for Finearc Systems Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Finearc Systems Pvt Ltd amount to ₹ 22.73 Cr.
When was the last Balance Sheet of Finearc Systems Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Finearc Systems Pvt Ltd was filed with the ROC on 31 Mar 2024.