Hasti Finance Profile
Key Indicators
- Authorised Capital ₹ 12.01 Cr
- Paid Up Capital ₹ 10.84 Cr
- Company Age 30 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.50 M
- Revenue Growth -26.11%
- Profit Growth -536.11%
- Ebitda -437.01%
- Net Worth -2.01%
- Total Assets -0.99%
About Hasti Finance
Hasti Finance Limited (HFL) is a Public Limited Indian Non-Government Company incorporated in India on 16 August 1994 and has a history of 30 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531387.
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 12.01 Cr and a paid-up capital of Rs 10.84 Cr.
The company currently has active open charges totaling ₹2.50 M.
The Key Managerial Personnel (KMP) at Hasti Finance Limited India are Sunil Bansal as COMPANY SECRETARY and Raj Somani as Cfo. Nitin Somani, Sonal Somani, Vishal Buddhdev, and Two other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L65191TN1994PLC028333
- Company No.
028333
- Stock Symbol
BSE : 531387
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Aug 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
Financial Services
Who are the key members and board of directors at Hasti Finance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitin Somani  | Managing Director | 29-Sep-2009 | Current |
| Sunil Bansal | Company Secretary | 20-May-2023 | Current |
| Raj Somani | CFO | 18-Apr-2019 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sonal Somani | Director | 29-Sep-2009 | Current |
| Vishal Buddhdev | Director | 16-Nov-2010 | Current |
| Khairu Pappuwale | Director | 23-Oct-2019 | Current |
| Sanjay Dhoke | Director | 28-Aug-2023 | Current |
Financial Performance of Hasti Finance.
Hasti Finance Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.11% decrease. The company also saw a substantial fall in profitability, with a 536.11% decrease in profit. The company's net worth dipped by a decrease of 2.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Hasti Finance?
In 2021, Hasti Finance had a promoter holding of 45.65% and a public holding of 54.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹0.25 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 2003 | Indian Overseas Bank | ₹2.50 M | Open |
How Many Employees Work at Hasti Finance?
Unlock and access historical data on people associated with Hasti 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 Hasti 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 Hasti 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.
Latest Updates, News, and FAQs on Hasti Finance
Recent activity within the organization
- Annual General Meeting
Hasti Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Hasti Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Sunil Kumar Bansal was appointed as a Company Secretary was appointed as a Company Secretary on 20 May 2023 & has been associated with this company since 1 year 10 months .
- Director Appointment
Khairu Imam Pappuwale was appointed as a Director was appointed as a Director on 23 Oct 2019 & has been associated with this company since 5 years 5 months .
- Director Appointment
Vishal Buddhdev was appointed as a Director was appointed as a Director on 16 Nov 2010 & has been associated with this company since 14 years 4 months .
- Director Appointment
Nitin Prabhudas Somani was appointed as a Managing Director was appointed as a Managing Director on 29 Sep 2009 & has been associated with this company since 15 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Hasti Finance Limited?
Hasti Finance Limited was incorporated on 16 Aug 1994.
What is authorized share capital and paid-up capital of Hasti Finance Limited?
The authorized share capital of Hasti Finance Limited is ₹ 12.01 Cr and paid-up capital is ₹ 10.84 Cr.
Who are the current board members & directors of Hasti Finance Limited?
Currently 7 directors are associated with Hasti Finance Limited.
- Nitin Prabhudas Somani
- Sonal Nitin Somani
- Vishal Buddhdev
- Sunil Kumar Bansal
- Raj Nitin Somani
- Khairu Imam Pappuwale
- Sanjay Wasudeo Dhoke
What is the registered address of Hasti Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Hasti Finance Limited is No. 14 Imperial Hotel Complex Near Albert Cinema Hall Whannels Road, Egmore India, Chennai, Tamil Nadu, 600008.
What is the corporate identification number (CIN) and company number of Hasti Finance Limited?
The corporate identification number (CIN) of Hasti Finance Limited is L65191TN1994PLC028333 and the company number is 028333 as per Ministry of Corporate Affairs (MCA).
Is Hasti Finance Limited registered with any stock exchange in India?
Yes, Hasti Finance Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Hasti Finance Limited?
The Official website of Hasti Finance Limited is https://www.hastifinance.com
What has been the recent revenue trend for Hasti Finance Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Hasti Finance Limited has fallen by -26.11%.
What change has been observed in the net worth of Hasti Finance Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Hasti Finance Limited has experienced an downturn of -2.01%.
What are the total open charges for Hasti Finance Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Hasti Finance Limited amount to ₹ 2.50 M.
When was the last Balance Sheet of Hasti Finance Limited filed with the ROC?
The most recent Balance Sheet for Hasti Finance Limited was filed with the ROC on 31 Mar 2024.
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