Finmax Credit & Finance Private Limited

Mumbai-based NBFC providing lending services to micro and small traders/retailers, promoted by Sanjay Agarwal and Priyanka Modi Lodha.

1995 | Delhi (India) | Active
Last Updated:

Finmax Credit & Finance Profile

Key Indicators

  • Authorised Capital ₹ 125.00 Cr
  • Paid Up Capital ₹ 120.00 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 92.00 Cr
  • Satisfied Charges ₹ 98.50 Cr
  • Revenue Growth 424.30%
  • Profit Growth 132180.11%
  • Ebitda 363.95%
  • Net Worth 392.83%
  • Total Assets 327.72%

About Finmax Credit & Finance

Finmax Credit & Finance Private Limited (FCFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 January 1995 and has a history of 30 years and four months. Its registered office is in Delhi, India.

The Corporate was formerly known as Bhageria Credit And Holdings Private Limited.. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 125.00 Cr and a paid-up capital of Rs 120.00 Cr.

The company currently has active open charges totaling ₹92.00 Cr. The company has closed loans amounting to ₹98.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Priyanka Modi and Minakshi Modi serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1995PTC064067

  • Company No.

    064067

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jan 1995

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services
Company report

Finmax Credit & Finance Private Limited

Explore comprehensive data for Finmax Credit & Finance Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Finmax Credit & Finance?

Executive Team (1)

NameDesignationAppointment DateStatus
Priyanka Modi Country flag representing In Managing Director20-Jun-2017Current

Board Members (1)

NameDesignationAppointment DateStatus
Minakshi Modi Country flag representing In Director 20-Apr-2023Current

Financial Performance of Finmax Credit & Finance.

Finmax Credit & Finance Private Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 424.3% increase. The company also saw a substantial improvement in profitability, with a 132180.11% increase in profit. The company's net worth Soared by an impressive increase of 392.83%.

Finmax Credit & Finance revenue growth over time
Finmax Credit & Finance 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
424.30%
Revenue from Operations
808.59%
Total Assets
327.72%
Profit or Loss
132180.11%
Net Worth
392.83%
EBITDA
363.95%

What is the Ownership and Shareholding Structure of Finmax Credit & Finance?

In 2018, Finmax Credit & Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹92.00 Cr

Satisfied Charges

₹98.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 92.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2018Others₹15.00 CrOpen
29 Jun 2018Others₹25.00 CrOpen
21 May 2018Others₹7.00 CrOpen
26 Feb 2018Others₹20.00 CrOpen
28 Jul 2017Others₹25.00 CrOpen

How Many Employees Work at Finmax Credit & Finance?

Unlock and access historical data on people associated with Finmax Credit & Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Finmax Credit & Finance Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Finmax Credit & Finance, 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 Finmax Credit & Finance'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 Finmax Credit & Finance

Recent activity within the organization

  • Director Appointment

    Minakshi Modi was appointed as a Director was appointed as a Director on 20 Apr 2023 & has been associated with this company since 2 years 1 month .

  • Charges

    A charge registered on 18 Jun 2018 via Charge ID 100193425 with Others was fully satisfied on 02 Nov 2018.

  • Charges

    A charge registered on 04 Jun 2018 via Charge ID 100183836 with Others was fully satisfied on 22 Oct 2018.

  • Charges

    A charge registered on 05 Aug 2017 via Charge ID 100119232 with Others was fully satisfied on 22 Oct 2018.

  • Charges

    A charge registered on 05 Aug 2017 via Charge ID 100119709 with Others was fully satisfied on 22 Oct 2018.

  • Annual General Meeting

    Finmax Credit & Finance Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

Recent News, Updates & Announcement

  • Finmax Credit & Finance news update on market trends
    Ambit acquires SME lending business of Finmax.

    The acquisition of an SME-focussed lending business is expected to provide significant tailwind to Ambit Finvests strategy to diversify its asset base and create granularity in its lending portfolio.

    Economic Times

Frequently asked questions

  • What is the Incorporation or founding date of Finmax Credit & Finance Private Limited?

    Finmax Credit & Finance Private Limited was incorporated on 04 Jan 1995.

  • What is authorized share capital and paid-up capital of Finmax Credit & Finance Private Limited?

    The authorized share capital of Finmax Credit & Finance Private Limited is ₹ 125.00 Cr and paid-up capital is ₹ 120.00 Cr.

  • Who are the current board members & directors of Finmax Credit & Finance Private Limited?

    Currently 2 directors are associated with Finmax Credit & Finance Private Limited.

    • Priyanka Modi
    • Minakshi Modi

  • What is the registered address of Finmax Credit & Finance Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Finmax Credit & Finance Private Limited is Shop No-6 Old No-1903 B Ff Corner Mkt. Malviya Nagar, India, New Delhi, 110017.

  • What is the corporate identification number (CIN) and company number of Finmax Credit & Finance Private Limited?

    The corporate identification number (CIN) of Finmax Credit & Finance Private Limited is U74899DL1995PTC064067 and the company number is 064067 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Finmax Credit & Finance Private Limited?

    The Official website of Finmax Credit & Finance Private Limited is https://www.volitioncredit.com

  • What has been the recent revenue trend for Finmax Credit & Finance Private Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Finmax Credit & Finance Private Limited has risen by 424.30%.

  • What change has been observed in the net worth of Finmax Credit & Finance Private Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Finmax Credit & Finance Private Limited has experienced an upsurge of 392.83%.

  • What are the total open charges for Finmax Credit & Finance Private Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Finmax Credit & Finance Private Limited amount to ₹ 92.00 Cr.

  • When was the last Balance Sheet of Finmax Credit & Finance Private Limited filed with the ROC?

    The most recent Balance Sheet for Finmax Credit & Finance Private Limited was filed with the ROC on 31 Mar 2018.

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