Incred Prime Finance Profile
Key Indicators
- Authorised Capital ₹ 2,106.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 4.11 Cr
as on 24-10-2024
- Company Age 33 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 33.01 Cr
as on 24-10-2024
- Satisfied Charges ₹ 2,503.20 Cr
as on 24-10-2024
- Revenue -99.59%
(FY 2023)
- Profit -99.96%
(FY 2023)
- Ebitda -99.87%
(FY 2023)
- Net Worth -99.02%
(FY 2023)
- Total Assets -99.40%
(FY 2023)
About Incred Prime Finance
The Corporate was formerly known as Visu Leasing And Finance Private 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 2023. It's a company limited by shares with an authorized capital of Rs 2,106.00 Cr and a paid-up capital of Rs 4.11 Cr.
The company currently has active open charges totaling ₹33.01 Cr. The company has closed loans amounting to ₹2,503.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Incred Prime Finance Limited India are Jay Lalwani as CFO and Bhavyesh Jain as Company Secretary. Rupa Vora, Kamlesh Dangi, Sekar Karnam, and One other member serve as directors at the Company.
- CIN/LLPIN
U74899MH1991PLC340312
- Company No.
042659
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Jan 1991
- Date of AGM
20 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Incred Prime Finance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jay Lalwani | CFO | 01-Jun-2023 | Current |
Bhavyesh Jain  | Company Secretary | 16-May-2023 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rupa Vora | Director | 27-Oct-2017 | Current |
| Prithviraj Chandrasekhar | Director | 11-Apr-2024 | Current |
| Sekar Karnam | Director | 17-Dec-2021 | Current |
| Kamlesh Dangi | Director | 11-Apr-2024 | Current |
Financial Performance and Corporate Structure Insights of Incred Prime Finance.
Incred Prime Finance Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.59% decrease. The company also saw a substantial fall in profitability, with a 99.96% decrease in profit. The company's net worth observed a substantial decline by a decrease of 99.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Incred Prime Finance?
In 2022, Incred Prime Finance had a promoter holding of 65.69% and a public holding of 34.30%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jm Financial Asset Reconstruction Company LimitedActive 17 years 3 monthsRupa Vora is a mutual person
Incred Financial Services LimitedActive 29 years 10 monthsRupa Vora and Sekar Karnam are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 25 Jul 2022 | ₹11.70 Cr | Open |
Others Creation Date: 19 Jul 2022 | ₹21.31 Cr | Open |
Others Creation Date: 03 May 2021 | ₹100.00 Cr | Satisfied |
How Many Employees Work at Incred Prime Finance?
Unlock and access historical data on people associated with Incred Prime Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Incred Prime 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 Incred Prime 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.
