First Factoring (India) Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
as on 04-07-2024
- Paid Up Capital ₹ 2.70 M
as on 04-07-2024
- Company Age 39 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Revenue -93.71%
(FY 2022)
- Profit -569.66%
(FY 2022)
- Ebitda -27.50%
(FY 2022)
- Net Worth -2.41%
(FY 2022)
- Total Assets -4.93%
(FY 2022)
About First Factoring (India)
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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.70 M, as per Ministry of Corporate Affairs (MCA) records.
Hariharan Nagarajan and Gopinath Poornachary serve as directors at the Company.
- CIN/LLPIN
U74210TN1985PTC012093
- Company No.
012093
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Aug 1985
- Date of AGM
02 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at First Factoring (India)?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hariharan Nagarajan  | Director | 20-Mar-2002 | Current |
| Gopinath Poornachary | Director | 31-Mar-2021 | Current |
Financial Performance of First Factoring (India).
First Factoring (India) Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 93.71% decrease. The company also saw a substantial fall in profitability, with a 569.66% decrease in profit. The company's net worth dipped by a decrease of 2.41%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of First Factoring (India)?
In 2020, First Factoring (India) had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kern Logistics Private LimitedActive 31 years 8 monthsHariharan Nagarajan and Gopinath Poornachary are mutual person
Kern Enterprises Private LimitedActive 26 years 10 monthsHariharan Nagarajan and Gopinath Poornachary are mutual person
- Pn Abrasives Private LimitedActive 43 years 4 months
Hariharan Nagarajan and Gopinath Poornachary are mutual person
- Southern Polymers Private LimitedActive 41 years 5 months
Hariharan Nagarajan and Gopinath Poornachary are mutual person
- Penar Performance Chemicals Private LimitedActive 41 years 5 months
Hariharan Nagarajan is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at First Factoring (India)?
Unlock and access historical data on people associated with First Factoring (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of First Factoring (India), 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 First Factoring (India)'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.
