Friends Loan Company Limited
Provides financial services and loans to individuals and organizations with or without security.
1996 | Raebareli, Uttar Pradesh (India) | Active
Friends Loan Company Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 1.89 Cr
- Company Age 29 Year, 15 Days
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -13.40%
- Profit Growth -3.45%
- Ebitda -6.07%
- Net Worth 0.91%
- Total Assets 15.76%
About Friends Loan Company
Friends Loan Company Limited (FLCL) is a Public Limited Indian Non-Government Company incorporated in India on 25 April 1996 and has a history of 29 years. Its registered office is in Raebareli, Uttar Pradesh, India.
The Corporate was formerly known as Friends Mutual Benefits Ltd. 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 5.00 Cr and a paid-up capital of Rs 1.89 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajesh Verma, Niraj Kumar, Dalbahadur Singh, and One other member serve as directors at the Company.
Company Details
- Location
Raebareli, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65992UP1996PLC019868
- Company No.
019868
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Apr 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Financial Services
Friends Loan Company Limited
Explore comprehensive data for Friends Loan Company Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Friends Loan Company?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Niraj Kumar  | Director | 30-Sep-2015 | Current |
| Rajesh Verma | Whole-Time Director | 25-Apr-1996 | Current |
| Dalbahadur Singh | Director | 30-Sep-2015 | Current |
| Rananjay Singh | Director | 30-Sep-2015 | Current |
Financial Performance of Friends Loan Company.
Friends Loan Company Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 13.4% decrease. The company also saw a slight decrease in profitability, with a 3.45% decrease in profit. The company's net worth moved up by a moderate rise of 0.91%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Friends Loan Company?
In 2022, Friends Loan Company had a promoter holding of 5.19% and a public holding of 94.81%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Friendsmultiple Mutual Benefits Nidhi Limited
Rajesh Verma is a mutual person
- Rainbow Home Construction Private Limited
Niraj Kumar is a mutual person
- Snp Infraventures Private Limited
Niraj Kumar is a mutual person
- Dbs Global Infrastructure Private Limited
Dalbahadur Singh and Rananjay Singh are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Friends Loan Company?
Unlock and access historical data on people associated with Friends Loan Company, 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 Friends Loan Company, 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 Friends Loan Company'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.
Latest Updates, News, and FAQs on Friends Loan Company
Recent activity within the organization
- Annual General Meeting
Friends Loan Company Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Friends Loan Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
- Director Appointment
Niraj Kumar was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 9 years 7 months .
- Director Appointment
Dalbahadur Singh was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 9 years 7 months .
- Director Appointment
Rananjay Singh was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 9 years 7 months .
- Director Appointment
Rajesh Verma was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 25 Apr 1996 & has been associated with this company since 29 years 15 days .
Frequently asked questions
What is the Incorporation or founding date of Friends Loan Company Limited?
Friends Loan Company Limited was incorporated on 25 Apr 1996.
What is authorized share capital and paid-up capital of Friends Loan Company Limited?
The authorized share capital of Friends Loan Company Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.89 Cr.
Who are the current board members & directors of Friends Loan Company Limited?
Currently 4 directors are associated with Friends Loan Company Limited.
- Rajesh Verma
- Niraj Kumar
- Dalbahadur Singh
- Rananjay Singh
What is the registered address of Friends Loan Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Friends Loan Company Limited is 22/204 Nehru Nagar India, Raebareli, Uttar Pradesh, 229001.
What is the corporate identification number (CIN) and company number of Friends Loan Company Limited?
The corporate identification number (CIN) of Friends Loan Company Limited is U65992UP1996PLC019868 and the company number is 019868 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Friends Loan Company Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Friends Loan Company Limited has fallen by -13.40%.
What change has been observed in the net worth of Friends Loan Company Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Friends Loan Company Limited has experienced an upsurge of 0.91%.
When was the last Balance Sheet of Friends Loan Company Limited filed with the ROC?
The most recent Balance Sheet for Friends Loan Company Limited was filed with the ROC on 31 Mar 2024.
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