Isher Finance Limited

Provides financial and related services as a Non-Banking Financial Company (NBFC) since 1996.

1996 | Jammu And Kashmir, Jammu & Kashmir (India) | Under Liquidation
Last Updated: April 25, 2024

Isher Finance Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.16 M
  • Company Age 28 Year, 10 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 5.00 M
  • Satisfied Charges ₹ 9.00 M
  • Revenue Growth -4.92%
  • Profit Growth -4.29%
  • Ebitda -6.44%
  • Net Worth 4.97%
  • Total Assets -4.93%

About Isher Finance

Isher Finance Limited (IFL) is Under Liquidation company established on 26 Mar 1996 with its office registered at and has been running since 28 Year, 10 Months with a paid up capital of 3.16 M. According to MCA records, 3 Directors are linked to this company as of 25 Apr 2024.

Company Details

  • Location Jammu And Kashmir, Jammu & Kashmir
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120JK1996PLC001525

  • Company No.

    001525

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 1996

  • Date of AGM

    16 Jul 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jammu

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Sardar Singh Country flag representing In Managing Director26-Mar-1996Current

Board Members (2)

NameDesignationAppointment DateStatus
Mohinder Kour Country flag representing In Director 05-Aug-2010Current
Arvinder Kaur Country flag representing In Director 25-Mar-2009Current

Financial Performance of Isher Finance.

Isher Finance Limited, for the financial year ended 2016, experienced Minor drop in revenue, with a 4.92% decrease. The company also saw a slight decrease in profitability, with a 4.29% decrease in profit. The company's net worth moved up by a moderate rise of 4.97%.

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
-4.92%
Revenue from Operations
-4.35%
Total Assets
-4.93%
Profit or Loss
-4.29%
Net Worth
4.97%
EBITDA
-6.44%

What is the Ownership and Shareholding Structure of Isher Finance?

In 2016, Isher Finance had a promoter holding of 43.83% and a public holding of 56.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 M

Satisfied Charges

₹9.00 M

Charges Breakdown by Lending Institutions

  • Anil Kumar Kohali : 0.25 Cr
  • Saran Singh S/ O Gulab Singh : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
30 Oct 2002Saran Singh S/ O Gulab Singh₹2.50 MOpen
03 Oct 2000Anil Kumar Kohali₹2.50 MOpen
12 May 2012Jagdish Kumar Aggarwal₹5.00 MSatisfied
25 May 2007Sh. Jagdish Kumar Aggarwal₹4.00 MSatisfied

How Many Employees Work at Isher Finance?

Unlock and access historical data on people associated with Isher Finance, 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 Isher 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 Isher 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 Isher Finance

Recent activity within the organization

  • Annual General Meeting

    Isher Finance Limited last Annual general meeting of members was held on 16 Jul 2021 as per latest MCA records.

    16 Jul 2021

  • Balance Sheet

    Isher Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Jammu.

    31 Mar 2021

  • Charges

    A charge registered on 12 May 2012 via Charge ID 10356969 with Jagdish Kumar Aggarwal was fully satisfied on 12 Jan 2018.

    12 Jan 2018

  • Charges

    A charge registered on 25 May 2007 via Charge ID 10058615 with Sh. Jagdish Kumar Aggarwal was fully satisfied on 12 Jan 2018.

    12 Jan 2018

  • Charges

    A charge with Jagdish Kumar Aggarwal amounted to Rs. 5.00 M with Charge ID 10356969 was registered on 12 May 2012.

    12 May 2012

  • Director Appointment

    Mohinder Kour was appointed as a Director was appointed as a Director on 05 Aug 2010 & has been associated with this company since 14 years 6 months .

    05 Aug 2010

Frequently asked questions

  • Isher Finance Limited was incorporated on 26 Mar 1996.

  • The authorized share capital of Isher Finance Limited is ₹ 4.00 M and paid-up capital is ₹ 3.16 M.

  • Currently 3 directors are associated with Isher Finance Limited.

    • Mohinder Kour
    • Arvinder Kaur
    • Sardar Bhupinder Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Isher Finance Limited is Shivani Market Ist Floor (Building Of Sh.M.M.Sharma) Ndhi Nagar Jammu. India, Jammu And Kashmir, Jammu & Kashmir.

  • The corporate identification number (CIN) of Isher Finance Limited is U67120JK1996PLC001525 and the company number is 001525 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Isher Finance Limited has fallen by -4.92%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Isher Finance Limited has experienced an upsurge of 4.97%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Isher Finance Limited amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Isher Finance Limited was filed with the ROC on 31 Mar 2021.

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