Friendly Financial Services Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
- Paid Up Capital ₹ 2.70 Cr
- Company Age 31 Year, 8 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.10 M
- Satisfied Charges ₹ 0.10 M
- Revenue Growth 158.05%
- Profit Growth -47.76%
- Ebitda -66.18%
- Net Worth 7.12%
- Total Assets -8.40%
About Friendly Financial Services
Friendly Financial Services Pvt Ltd (FFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 January 1994 and has a history of 31 years. Its registered office is in Mumbai, Maharashtra, 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 3.50 Cr and a paid-up capital of Rs 2.70 Cr.
The company currently has active open charges totaling ₹2.10 M. The company has closed loans amounting to ₹0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Devang Shah, Nirad Mehta, and Maitry Shah serve as directors at the Company.
Company Details
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Location
Mumbai, 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
U67190MH1994PTC076185
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Company No.
076185
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Jan 1994
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Date of AGM
29 Jul 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Friendly Financial Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Devang Shah
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Director | 24-Jan-1994 | Current |
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Nirad Mehta
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Director | 31-Aug-1994 | Current |
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Maitry Shah
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Director | 24-Jan-1994 | Current |
Financial Performance of Friendly Financial Services.
Friendly Financial Services Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 158.05% increase. The company also saw a substantial fall in profitability, with a 47.76% decrease in profit. The company's net worth moved up by a moderate rise of 7.12%.
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What is the Ownership and Shareholding Structure of Friendly Financial Services?
In 2021, Friendly Financial Services had a promoter holding of 92.00% and a public holding of 8.00%. 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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Neminath Portfolio Management Services Private LimitedDevang Shah is a mutual person
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Niche Financial Services Private Limited
Devang Shah, Nirad Mehta and 1 more are mutual person
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Vandana Foundation
Devang Shah is a mutual person
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Barabanki Energy Limited
Nirad Mehta is a mutual person
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Helium Estates Private Limited
Nirad Mehta is a mutual person
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Puja Agencies Pvt Ltd
Nirad Mehta is a mutual person
Charges (Loans)
₹0.21 Cr
₹0.01 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.21 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Dec 2023 | Hdfc Bank Limited | ₹2.10 M | Open |
| 31 May 2002 | Fiat Sundaram Auto Finance Ltd. | ₹0.10 M | Satisfied |
How Many Employees Work at Friendly Financial Services?
Unlock and access historical data on people associated with Friendly Financial Services, 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 Friendly Financial Services, 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 Friendly Financial Services'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.