Himachal Backward Classes Finance And Development Corporation

Founded in 1994 and headquartered in Himachal Pradesh, India.

1994 | Kangra, Himachal Pradesh (India) | Active
Last Updated: December 04, 2024

Himachal Backward Classes Finance And Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 31 Year, 1 Day
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 1.30%
  • Profit Growth -57.56%
  • Ebitda -44.64%
  • Net Worth 1.44%
  • Total Assets 7.87%

About Himachal Backward Classes Finance And Development Corporation

Himachal Backward Classes Finance And Development Corporation (HBCFADC) is a Public Limited State Government Company incorporated in India on 31 January 1994 and has a history of 31 years. Its registered office is in Kangra, Himachal Pradesh, 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 13.00 Cr and a paid-up capital of Rs 10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ram Dhiman, Sandeep Bhatnagar, Hans Chauhan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kangra, Himachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U00000HP1994SGC014169

  • Company No.

    014169

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    31 Jan 1994

  • Date of AGM

    29 May 2023

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Financial Services

Who are the key members and board of directors at Himachal Backward Classes Finance And Development Corporation?

Executive Team (2)

Name Designation Appointment Date Status
Vinod Kumar Country flag representing In Managing Director 01-Dec-2021 Current
Sukhdev Singh Country flag representing In Managing Director 24-Jan-2023 Current

Board Members (3)

Name Designation Appointment Date Status
Ram Dhiman Country flag representing In Nominee Director 30-Nov-2017 Current
Sandeep Bhatnagar Country flag representing In Nominee Director 19-Feb-2016 Current
Hans Chauhan Country flag representing In Nominee Director 27-Apr-2012 Current

Financial Performance of Himachal Backward Classes Finance And Development Corporation.

Himachal Backward Classes Finance And Development Corporation, for the financial year ended 2019, experienced modest growth in revenue, with a 1.3% increase. The company also saw a substantial fall in profitability, with a 57.56% decrease in profit. The company's net worth moved up by a moderate rise of 1.44%.

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
1.30%
Revenue from Operations
1.31%
Total Assets
7.87%
Profit or Loss
-57.56%
Net Worth
1.44%
EBITDA
-44.64%

What is the Ownership and Shareholding Structure of Himachal Backward Classes Finance And Development Corporation?

In 2023, Himachal Backward Classes Finance And Development Corporation had a promoter holding of 100.00%. 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 Himachal Backward Classes Finance And Development Corporation?

Unlock and access historical data on people associated with Himachal Backward Classes Finance And Development Corporation, 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 Himachal Backward Classes Finance And Development Corporation, 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 Himachal Backward Classes Finance And Development Corporation's trajectory.

Rating

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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 Himachal Backward Classes Finance And Development Corporation

Recent activity within the organization

  • Balance Sheet

    Himachal Backward Classes Finance And Development Corporation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Himachal Pradesh.

    31 Mar 2024

  • Annual General Meeting

    Himachal Backward Classes Finance And Development Corporation last Annual general meeting of members was held on 29 May 2023 as per latest MCA records.

    29 May 2023

  • Director Appointment

    Sukhdev Singh was appointed as a Managing Director was appointed as a Managing Director on 24 Jan 2023 & has been associated with this company since 2 years 8 days .

    24 Jan 2023

  • Director Appointment

    Vinod Kumar was appointed as a Managing Director was appointed as a Managing Director on 01 Dec 2021 & has been associated with this company since 3 years 2 months .

    01 Dec 2021

  • Director Appointment

    Ram Dass Dhiman was appointed as a Nominee Director was appointed as a Nominee Director on 30 Nov 2017 & has been associated with this company since 7 years 2 months .

    30 Nov 2017

  • Director Appointment

    Sandeep Bhatnagar was appointed as a Nominee Director was appointed as a Nominee Director on 19 Feb 2016 & has been associated with this company since 8 years 11 months .

    19 Feb 2016

Frequently asked questions

  • Himachal Backward Classes Finance And Development Corporation was incorporated on 31 Jan 1994.

  • The authorized share capital of Himachal Backward Classes Finance And Development Corporation is ₹ 13.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 5 directors are associated with Himachal Backward Classes Finance And Development Corporation.

    • Ram Dass Dhiman
    • Sandeep Bhatnagar
    • Hans Raj Chauhan
    • Vinod Kumar
    • Sukhdev Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Himachal Backward Classes Finance And Development Corporation is Pwd Rest House Road Kangra India, Himachal Pradesh, 176001.

  • The corporate identification number (CIN) of Himachal Backward Classes Finance And Development Corporation is U00000HP1994SGC014169 and the company number is 014169 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Himachal Backward Classes Finance And Development Corporation is https://www.himachalservices.nic.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Himachal Backward Classes Finance And Development Corporation has risen by 1.30%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Himachal Backward Classes Finance And Development Corporation has experienced an upsurge of 1.44%.

  • The most recent Balance Sheet for Himachal Backward Classes Finance And Development Corporation was filed with the ROC on 31 Mar 2024.

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