Hasti Finance Limited

Provides various loan services including gold, home, and personal loans.

1994 | Chennai, Tamil Nadu (India) | Active
Last Updated: June 30, 2024

Hasti Finance Profile

Key Indicators

  • Authorised Capital ₹ 12.01 Cr
  • Paid Up Capital ₹ 10.84 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 six 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 2023. 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, Khairu Pappuwale, 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

    hastifinance.com

  • 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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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)

NameDesignationAppointment DateStatus
Nitin Somani Country flag representing In Managing Director29-Sep-2009Current
Sunil Bansal Country flag representing In Company Secretary20-May-2023Current
Raj Somani Country flag representing In CFO18-Apr-2019Current

Board Members (4)

NameDesignationAppointment DateStatus
Khairu Pappuwale Country flag representing In Director 23-Oct-2019Current
Vishal Buddhdev Country flag representing In Director 16-Nov-2010Current
Sanjay Dhoke Country flag representing In Director 28-Aug-2023Current
Sonal Somani Country flag representing In Director 29-Sep-2009Current

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%.

Graph illustrating revenue growth over time
Graph showing 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
-26.11%
Revenue from Operations
-29.22%
Total Assets
-0.99%
Profit or Loss
-536.11%
Net Worth
-2.01%
EBITDA
-437.01%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.25 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
17 Nov 2003Indian Overseas Bank₹2.50 MOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Hasti Finance

Recent activity within the organization

  • Annual General Meeting

    Hasti Finance Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • 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 9 months .

    20 May 2023

  • Balance Sheet

    Hasti Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • 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 4 months .

    23 Oct 2019

  • 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 3 months .

    16 Nov 2010

  • 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 4 months .

    29 Sep 2009

Frequently asked questions

  • Hasti Finance Limited was incorporated on 16 Aug 1994.

  • The authorized share capital of Hasti Finance Limited is ₹ 12.01 Cr and paid-up capital is ₹ 10.84 Cr.

  • Currently 7 directors are associated with Hasti Finance Limited.

    • Nitin Prabhudas Somani
    • Sunil Kumar Bansal
    • Raj Nitin Somani
    • Khairu Imam Pappuwale
    • Vishal Buddhdev
    • Sanjay Wasudeo Dhoke
    • Sonal Nitin Somani
  • 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, Chennai, Tamil Nadu, India, 600008.

  • The corporate identification number (CIN) of Hasti Finance Limited is L65191TN1994PLC028333 and the company number is 028333 as per Ministry of Corporate Affairs (MCA).

  • Yes, Hasti Finance Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Hasti Finance Limited is https://www.hastifinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hasti Finance Limited has fallen by -26.11%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hasti Finance Limited has experienced an downturn of -2.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hasti Finance Limited amount to ₹ 2.50 M.

  • The most recent Balance Sheet for Hasti Finance Limited was filed with the ROC on 31 Mar 2023.

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