Hedge Finance Profile
Key Indicators
- Authorised Capital ₹ 75.00 Cr
- Paid Up Capital ₹ 34.02 Cr
- Company Age 14 Year, 7 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 317.62 Cr
- Satisfied Charges ₹ 102.73 Cr
- Revenue Growth 15.09%
- Profit Growth -16.90%
- Ebitda 8.14%
- Net Worth 21.99%
- Total Assets 16.67%
About Hedge Finance
Hedge Finance Limited (HFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 February 2011 and has a history of 14 years. Its registered office is in Kochi, Kerala, 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 75.00 Cr and a paid-up capital of Rs 34.02 Cr.
The company currently has active open charges totaling ₹317.62 Cr. The company has closed loans amounting to ₹102.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hedge Finance Limited India are Suraj Ramachandran as Cfo, Vinay Sasidharan as Ceo, and Girish Ganapathy as Company Secretary. Palathunkal John, Kiliyanat Puliasseri, Kuruppath Ajitkumar, and Two other members serve as directors at the Company.
Company Details
- Location
Kochi, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65923KL2011PLC027672
- Company No.
027672
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 Feb 2011
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Who are the key members and board of directors at Hedge Finance?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Alex Babu  | Managing Director | 15-Feb-2011 | Current |
| Suraj Ramachandran | CFO | Current | |
| Vinay Sasidharan | CEO | Current | |
| Girish Ganapathy | Company Secretary | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rapheal Thomas | Director | 19-Apr-2018 | Current |
| Palathunkal John | Director | 04-Sep-2019 | Current |
| Kiliyanat Puliasseri | Whole-Time Director | 01-Jul-2019 | Current |
| Kuruppath Ajitkumar | Director | 04-Sep-2019 | Current |
Financial Performance of Hedge Finance.
Hedge Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.09% increase. The company also saw a substantial fall in profitability, with a 16.9% decrease in profit. The company's net worth Soared by an impressive increase of 21.99%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Hedge Finance?
In 2023, Hedge Finance had a promoter holding of 25.63% and a public holding of 74.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Omnicore Solutions Private LimitedAlex Babu is a mutual person
Joyalukkas India LimitedAlex Babu is a mutual person
Hedge School Of Applied Economics LimitedAlex Babu is a mutual person
Hedge Equities LimitedAlex Babu is a mutual person
Tmt Granites Private LimitedRapheal Thomas is a mutual person
Babymarine Seafood Retail Private LimitedAlex Babu is a mutual person
Charges (Loans)
₹317.62 Cr
₹102.73 Cr
Charges Breakdown by Lending Institutions
- Others : 312.77 Cr
- State Bank Of India : 4.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2023 | Others | ₹1.17 Cr | Open |
| 29 Dec 2023 | Others | ₹25.50 Cr | Open |
| 19 Dec 2023 | Others | ₹2.65 Cr | Open |
| 27 Nov 2023 | Others | ₹2.86 Cr | Open |
| 24 Nov 2023 | Others | ₹2.48 Cr | Open |
How Many Employees Work at Hedge Finance?
Hedge Finance has a workforce of 156 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hedge 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 Hedge 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.
