Heritage Finlease Limited

NBFC providing micro-credit services for rural dairy farmers, including loans and support services.

1996 | Hyderabad, Telangana (India) | Active
Last Updated:

Heritage Finlease Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 11.83 Cr
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 185.05 Cr
  • Satisfied Charges ₹ 30.00 Cr
  • Revenue Growth 68.81%
  • Profit Growth 87.87%
  • Ebitda 88.70%
  • Net Worth 23.50%
  • Total Assets 62.02%

About Heritage Finlease

Heritage Finlease Limited (HFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 February 1996 and has a history of 29 years and three months. Its registered office is in Hyderabad, Telangana, 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 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 11.83 Cr.

The company currently has active open charges totaling ₹185.05 Cr. The company has closed loans amounting to ₹30.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Heritage Finlease Limited India are Chandra Akkiraju as Ceo, Bhudhar Karuturi as Company Secretary, and Nageswararao Narravula as Cfo. Sambasiva Muddana, Venkatachary Krishnan, Nara Brahmani, and Two other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910TG1996PLC023310

  • Company No.

    023310

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 1996

  • Date of AGM

    16 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services
Company report

Heritage Finlease Limited

Explore comprehensive data for Heritage Finlease Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Heritage Finlease?

Executive Team (3)

NameDesignationAppointment DateStatus
Chandra Akkiraju CEO27-Oct-2023Current
Bhudhar Karuturi Company Secretary17-Jan-2024Current
Nageswararao Narravula CFO17-Jan-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Nara Brahmani Country flag representing In Director 28-Jun-2013Current
Sambasiva Muddana Country flag representing In Director 10-Aug-2022Current
Venkatachary Krishnan Country flag representing In Director 19-Jul-2024Current
Rakesh Sethi Country flag representing In Director 19-Jul-2024Current
Bhuvaneswari Nara Country flag representing In Director 23-Feb-1996Current

Financial Performance of Heritage Finlease.

Heritage Finlease Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 68.81% increase. The company also saw a substantial improvement in profitability, with a 87.87% increase in profit. The company's net worth Soared by an impressive increase of 23.5%.

Heritage Finlease revenue growth over time
Heritage Finlease 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
68.81%
Revenue from Operations
71.01%
Total Assets
62.02%
Profit or Loss
87.87%
Net Worth
23.50%
EBITDA
88.70%

What is the Ownership and Shareholding Structure of Heritage Finlease?

In 2023, Heritage Finlease had a promoter holding of 95.98% and a public holding of 4.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹185.05 Cr

Satisfied Charges

₹30.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 185.05 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2024Others₹25.00 CrOpen
30 Sep 2024Others₹25.00 CrOpen
19 Mar 2024Others₹10.00 CrOpen
28 Mar 2023Others₹50.00 CrOpen
21 Feb 2023Others₹0.45 MOpen

How Many Employees Work at Heritage Finlease?

Heritage Finlease has a workforce of 21 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.

Employee growth trends for Heritage Finlease Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Heritage Finlease, 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 Heritage Finlease'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 Heritage Finlease

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 30 Sep 2024 with Charge ID 100992656 was modified on 28 Jan 2025.

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 30 Sep 2024 with Charge ID 100992883 was modified on 28 Jan 2025.

  • Charges

    A charge registered on 03 Jul 2012 via Charge ID 10364999 with Others was fully satisfied on 02 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100992656 was registered on 30 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100992883 was registered on 30 Sep 2024.

  • Annual General Meeting

    Heritage Finlease Limited last Annual general meeting of members was held on 16 Aug 2024 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Heritage Finlease Limited?

    Heritage Finlease Limited was incorporated on 23 Feb 1996.

  • What is authorized share capital and paid-up capital of Heritage Finlease Limited?

    The authorized share capital of Heritage Finlease Limited is ₹ 15.00 Cr and paid-up capital is ₹ 11.83 Cr.

  • Who are the current board members & directors of Heritage Finlease Limited?

    Currently 8 directors are associated with Heritage Finlease Limited.

    • Sambasiva Rao Muddana
    • Venkatachary Krishnan
    • Nara Brahmani
    • Rakesh Sethi
    • Chandra Mouli Akkiraju
    • Bhuvaneswari Nara
    • Bhudhar Kumar Karuturi
    • Nageswararao Narravula

  • What is the registered address of Heritage Finlease Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Heritage Finlease Limited is Plot No 83 Survey No. 43 To 46 48 2Nd Floor Dwaraka Summit Kavuri Hills, Guttala Begumpet India, Shaikpet, Telangana, 500033.

  • What is the corporate identification number (CIN) and company number of Heritage Finlease Limited?

    The corporate identification number (CIN) of Heritage Finlease Limited is U65910TG1996PLC023310 and the company number is 023310 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Heritage Finlease Limited?

    The Official website of Heritage Finlease Limited is https://www.heritagefinlease.in

  • What has been the recent revenue trend for Heritage Finlease Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Heritage Finlease Limited has risen by 68.81%.

  • How many employees does Heritage Finlease Limited currently have?

    As Per 2023 financial reports, 21 employees are currently employed by Heritage Finlease Limited.

  • What change has been observed in the net worth of Heritage Finlease Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Heritage Finlease Limited has experienced an upsurge of 23.50%.

  • What are the total open charges for Heritage Finlease Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Heritage Finlease Limited amount to ₹ 185.05 Cr.

  • When was the last Balance Sheet of Heritage Finlease Limited filed with the ROC?

    The most recent Balance Sheet for Heritage Finlease Limited was filed with the ROC on 31 Mar 2024.

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