Foresight Finance Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.92 Cr
- Company Age 29 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- 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 29 years and ten 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 2023. 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
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Location
Ludhiana, Punjab, 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
U74899PB1995PLC060478
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Company No.
066525
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
20 Mar 1995
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Date of AGM
29 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 Chandigarh
Industry
Who are the key members and board of directors at Foresight Finance?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bipan Jain
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Director | 03-Sep-2019 | Current |
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Sanjay Jain
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Director | 13-Aug-2018 | Current |
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Dinesh Jain
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Director | 30-Jun-2020 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Sharman Udyog Private LimitedBipan Jain, Sanjay Jain and 1 more are mutual person
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Sangam Weavers Private LimitedBipan Jain and Dinesh Jain are mutual person
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Fine Transferprints (India) Private Limited
Bipan Jain and Sanjay Jain are mutual person
Charges (Loans)
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.
Deals i
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
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.
