Foresight Finance Limited

Founded in 1995 and headquartered in Punjab, India.

1995 | Ludhiana, Punjab (India) | Active
Last Updated:

Foresight Finance Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.92 Cr
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 5.14%
  • Profit Growth 18.72%
  • Ebitda 18.07%
  • Net Worth 1.75%
  • Total Assets 1.64%

About Foresight Finance

Foresight Finance Limited (FFL) is a Public Limited Indian Non-Government Company incorporated in India on 20 March 1995 and has a history of 30 years and two months. Its registered office is in Ludhiana, Punjab, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bipan Jain, Sanjay Jain, and Dinesh Jain serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899PB1995PLC060478

  • Company No.

    066525

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 1995

  • Date of AGM

    30 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services
Company report

Foresight Finance Limited

Explore comprehensive data for Foresight Finance Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Foresight Finance?

Board Members (3)

NameDesignationAppointment DateStatus
Bipan Jain Country flag representing In Director 03-Sep-2019Current
Sanjay Jain Country flag representing In Director 13-Aug-2018Current
Dinesh Jain Country flag representing In Director 30-Jun-2020Current

Financial Performance of Foresight Finance.

Foresight Finance Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.14% increase. The company also saw a substantial improvement in profitability, with a 18.72% increase in profit. The company's net worth moved up by a moderate rise of 1.75%.

Foresight Finance revenue growth over time
Foresight 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
5.14%
Revenue from Operations
5.14%
Total Assets
1.64%
Profit or Loss
18.72%
Net Worth
1.75%
EBITDA
18.07%

What is the Ownership and Shareholding Structure of Foresight Finance?

In 2023, Foresight 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Foresight Finance?

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

Employee growth trends for Foresight Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Foresight 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 Foresight 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 Foresight Finance

Recent activity within the organization

  • Annual General Meeting

    Foresight Finance Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Foresight Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Dinesh Jain was appointed as a Director was appointed as a Director on 30 Jun 2020 & has been associated with this company since 4 years 10 months .

  • Director Appointment

    Bipan Kumar Jain was appointed as a Director was appointed as a Director on 03 Sep 2019 & has been associated with this company since 5 years 8 months .

  • Director Appointment

    Sanjay Jain was appointed as a Director was appointed as a Director on 13 Aug 2018 & has been associated with this company since 6 years 9 months .

  • Company Incorporation

    Foresight Finance Limited was registered on 20 Mar 1995 with Roc Chandigarh & aged 30 years 2 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Foresight Finance Limited?

    Foresight Finance Limited was incorporated on 20 Mar 1995.

  • What is authorized share capital and paid-up capital of Foresight Finance Limited?

    The authorized share capital of Foresight Finance Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.92 Cr.

  • Who are the current board members & directors of Foresight Finance Limited?

    Currently 3 directors are associated with Foresight Finance Limited.

    • Bipan Kumar Jain
    • Sanjay Jain
    • Dinesh Jain

  • What is the registered address of Foresight Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Foresight Finance Limited is D-43 Phase V, India, Ludhiana, Punjab, 141010.

  • What is the corporate identification number (CIN) and company number of Foresight Finance Limited?

    The corporate identification number (CIN) of Foresight Finance Limited is U74899PB1995PLC060478 and the company number is 066525 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Foresight Finance Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Foresight Finance Limited has risen by 5.14%.

  • What change has been observed in the net worth of Foresight Finance Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Foresight Finance Limited has experienced an upsurge of 1.75%.

  • When was the last Balance Sheet of Foresight Finance Limited filed with the ROC?

    The most recent Balance Sheet for Foresight Finance Limited was filed with the ROC on 31 Mar 2024.

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