Hincon Finance Ltd.

NBFC providing financial services, registered with RBI, incorporated in 1992, based in Mumbai.

1992 | Mumbai, Maharashtra (India) | Active
Last Updated:

Hincon Finance Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 8.00 M
  • Company Age 32 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10,115.08 Cr
  • Satisfied Charges ₹ 3,766.67 Cr
  • Revenue Growth 6.94%
  • Profit Growth -27.47%
  • Ebitda 13.38%
  • Net Worth 1.66%
  • Total Assets -0.02%

About Hincon Finance

Hincon Finance Ltd. (HFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 May 1992 and has a history of 32 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Hindustan Finvest Limited. 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 3.00 Cr and a paid-up capital of Rs 8.00 M.

The company currently has active open charges totaling ₹10,115.08 Cr. The company has closed loans amounting to ₹3,766.67 Cr, as per Ministry of Corporate Affairs (MCA) records.

Girish Gangal, Shalaka Dhawan, and Ajit Gulabchand serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120MH1992PLC066854

  • Company No.

    066854

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 May 1992

  • Date of AGM

    18 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Hincon Finance Ltd.

Explore comprehensive data for Hincon Finance Ltd., including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Hincon Finance?

Board Members (3)

NameDesignationAppointment DateStatus
Girish Gangal Country flag representing In Director 03-Apr-2019Current
Shalaka Dhawan Country flag representing In Director 27-Apr-2005Current
Ajit Gulabchand Country flag representing In Director 20-May-1992Current

Financial Performance of Hincon Finance.

Hincon Finance Ltd., for the financial year ended 2022, experienced modest growth in revenue, with a 6.94% increase. The company also saw a substantial fall in profitability, with a 27.47% decrease in profit. The company's net worth moved up by a moderate rise of 1.66%.

Hincon Finance revenue growth over time
Hincon Finance 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
6.94%
Revenue from Operations
9.08%
Total Assets
-0.02%
Profit or Loss
-27.47%
Net Worth
1.66%
EBITDA
13.38%

What is the Ownership and Shareholding Structure of Hincon Finance?

In 2022, Hincon Finance had a promoter holding of 85.00% and a public holding of 15.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10,115.08 Cr

Satisfied Charges

₹3,766.67 Cr

Charges Breakdown by Lending Institutions

  • Others : 10115.08 Cr

Latest Charge Details

DateLenderAmountStatus
10 Feb 2017Others₹1,424.60 CrOpen
10 Feb 2017Others₹8,690.48 CrOpen
10 Feb 2017Others₹149.00 CrSatisfied
10 Feb 2017Others₹3,616.00 CrSatisfied
29 Mar 2004Global Trust Bank Limited₹1.67 CrSatisfied

How Many Employees Work at Hincon Finance?

Unlock and access historical data on people associated with Hincon Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Hincon Finance Ltd.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hincon 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 Hincon 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 Hincon Finance

Recent activity within the organization

  • Annual General Meeting

    Hincon Finance Ltd. last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Hincon Finance Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 10 Feb 2017 via Charge ID 100081404 with Others was fully satisfied on 20 Jan 2023.

  • Charges

    A charge registered on 10 Feb 2017 via Charge ID 100081407 with Others was fully satisfied on 20 Jan 2023.

  • Charges

    A charge with Others of Rs. 8,690.48 Cr registered on 10 Feb 2017 with Charge ID 100081401 was modified on 10 Aug 2022.

  • Charges

    A charge with Others of Rs. 149.00 Cr registered on 10 Feb 2017 with Charge ID 100081404 was modified on 17 Jul 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Hincon Finance Ltd.?

    Hincon Finance Ltd. was incorporated on 20 May 1992.

  • What is authorized share capital and paid-up capital of Hincon Finance Ltd.?

    The authorized share capital of Hincon Finance Ltd. is ₹ 3.00 Cr and paid-up capital is ₹ 8.00 M.

  • Who are the current board members & directors of Hincon Finance Ltd.?

    Currently 3 directors are associated with Hincon Finance Ltd..

    • Girish Govind Gangal
    • Shalaka Gulabchand Dhawan
    • Ajit Gulabchand

  • What is the registered address of Hincon Finance Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hincon Finance Ltd. is Hincon House Lal Bahadur Shastri Marg Vikhroli West, India, Mumbai, Maharashtra, 400083.

  • What is the corporate identification number (CIN) and company number of Hincon Finance Ltd.?

    The corporate identification number (CIN) of Hincon Finance Ltd. is U67120MH1992PLC066854 and the company number is 066854 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hincon Finance Ltd.?

    The Official website of Hincon Finance Ltd. is https://www.hinconfinance.com

  • What has been the recent revenue trend for Hincon Finance Ltd.?

    According to the financial reports for the fiscal year 2022, the revenue trend for Hincon Finance Ltd. has risen by 6.94%.

  • What change has been observed in the net worth of Hincon Finance Ltd., and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Hincon Finance Ltd. has experienced an upsurge of 1.66%.

  • What are the total open charges for Hincon Finance Ltd.?

    As per the financial statements for fiscal Year 2022, The total open charges for Hincon Finance Ltd. amount to ₹ 10,115.08 Cr.

  • When was the last Balance Sheet of Hincon Finance Ltd. filed with the ROC?

    The most recent Balance Sheet for Hincon Finance Ltd. was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Investment & Credit NBFC