Heeraa Financial Services Limited

Provides financial services such as managing, purchasing, and leasing property as an NBFC.

1995 | Chennai 600 079, Tamil Nadu (India) | Active
Last Updated: December 30, 2024

Heeraa Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.63 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -12.77%
  • Profit Growth 227.61%
  • Ebitda -35.25%
  • Net Worth 2.51%
  • Total Assets -5.35%

About Heeraa Financial Services

Heeraa Financial Services Limited (HFSL) is a Public Limited Indian Non-Government Company incorporated in India on 24 April 1995 and has a history of 29 years and ten months. Its registered office is in Chennai 600 079, Tamil Nadu.

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 2.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nidhi Nahar, Mehulmehta, and Praveen Nahar serve as directors at the Company.

Company Details

  • Location Chennai 600 079, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U71309TN1995PLC031035

  • Company No.

    031035

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Heeraa Financial Services?

Board Members (3)

NameDesignationAppointment DateStatus
Nidhi Nahar Country flag representing In Director 12-Nov-2011Current
Mehulmehta Country flag representing In Director 14-Jun-2018Current
Praveen Nahar Country flag representing In Whole-Time Director 20-Mar-2002Current

Financial Performance of Heeraa Financial Services.

Heeraa Financial Services Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 12.77% decrease. The company also saw a substantial improvement in profitability, with a 227.61% increase in profit. The company's net worth moved up by a moderate rise of 2.51%.

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
-12.77%
Revenue from Operations
-12.93%
Total Assets
-5.35%
Profit or Loss
227.61%
Net Worth
2.51%
EBITDA
-35.25%

What is the Ownership and Shareholding Structure of Heeraa Financial Services?

In 2017, Heeraa Financial Services had a promoter holding of 89.74% and a public holding of 10.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Heeraa Financial Services?

Unlock and access historical data on people associated with Heeraa Financial Services, 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 Heeraa 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 Heeraa Financial Services'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 Heeraa Financial Services

Recent activity within the organization

  • Annual General Meeting

    Heeraa Financial Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Heeraa Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Mehulmehta was appointed as a Director was appointed as a Director on 14 Jun 2018 & has been associated with this company since 6 years 8 months .

    14 Jun 2018

  • Director Appointment

    Nidhi Nahar was appointed as a Director was appointed as a Director on 12 Nov 2011 & has been associated with this company since 13 years 3 months .

    12 Nov 2011

  • Director Appointment

    Praveen Chand Nahar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 20 Mar 2002 & has been associated with this company since 22 years 11 months .

    20 Mar 2002

  • Company Incorporation

    Heeraa Financial Services Limited was registered on 24 Apr 1995 with Roc Chennai & aged 29 years 10 months as per MCA records.

    24 Apr 1995

Frequently asked questions

  • Heeraa Financial Services Limited was incorporated on 24 Apr 1995.

  • The authorized share capital of Heeraa Financial Services Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.63 Cr.

  • Currently 3 directors are associated with Heeraa Financial Services Limited.

    • Nidhi Nahar
    • Mehulmehta
    • Praveen Chand Nahar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Heeraa Financial Services Limited is No.20 General Muthia Mudalistreet, Sowcarpet India, Chennai 600 079, Tamil Nadu, 600079.

  • The corporate identification number (CIN) of Heeraa Financial Services Limited is U71309TN1995PLC031035 and the company number is 031035 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Heeraa Financial Services Limited has fallen by -12.77%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Heeraa Financial Services Limited has experienced an upsurge of 2.51%.

  • The most recent Balance Sheet for Heeraa Financial Services Limited was filed with the ROC on 31 Mar 2024.

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