Finearc Systems Profile
Key Indicators
- Authorised Capital ₹ 5.01 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 38 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- 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 nine 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 2023. 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.
Company Details
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Location
Pune, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U31904MH1986PTC039713
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Company No.
039713
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
01 May 1986
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
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 |
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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%.
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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.
Charges (Loans)
₹22.73 Cr
₹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 |
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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.