Kamal Finserve Private Limited

Provides credit-granting services as a registered NBFC since 1996.

1996 | Chandigarh, Chandigarh (India) | Active
Last Updated: July 07, 2024

Kamal Finserve Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 5.45 Cr
  • Company Age 28 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 27.97 Cr
  • Satisfied Charges ₹ 9.10 M
  • Revenue Growth 299.23%
  • Profit Growth 124.71%
  • Ebitda 737.18%
  • Net Worth 49.68%
  • Total Assets 285.63%

About Kamal Finserve

Kamal Finserve Private Limited (KFPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 December 1996 and has a history of 28 years and one month. Its registered office is in Chandigarh, Chandigarh, India.

The Corporate was formerly known as Kamal Capital 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 5.50 Cr and a paid-up capital of Rs 5.45 Cr.

The company currently has active open charges totaling ₹27.97 Cr. The company has closed loans amounting to ₹9.10 M, as per Ministry of Corporate Affairs (MCA) records.

Mukesh Kumar, Kamlesh Kumar, and Sanju Chodhari serve as directors at the Company.

Company Details

  • Location

    Chandigarh, Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65921CH1996PTC019200

  • Company No.

    019200

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Dec 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

Who are the key members and board of directors at Kamal Finserve?

Executive Team (1)

Name Designation Appointment Date Status
Kamlesh Kumar Country flag representing In Managing Director 29-May-2020 Current

Board Members (2)

Name Designation Appointment Date Status
Mukesh Kumar Country flag representing In Director 17-Aug-2020 Current
Sanju Chodhari Country flag representing In Director 16-Feb-2022 Current

Financial Performance of Kamal Finserve.

Kamal Finserve Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 299.23% increase. The company also saw a substantial improvement in profitability, with a 124.71% increase in profit. The company's net worth Soared by an impressive increase of 49.68%.

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
299.23%
Revenue from Operations
280.62%
Total Assets
285.63%
Profit or Loss
124.71%
Net Worth
49.68%
EBITDA
737.18%

What is the Ownership and Shareholding Structure of Kamal Finserve?

In 2023, Kamal Finserve had a promoter holding of 95.47% and a public holding of 4.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.97 Cr

Satisfied Charges

₹0.91 Cr

Charges Breakdown by Lending Institutions

  • Others : 22.85 Cr
  • State Bank Of India : 5.00 Cr
  • Hdfc Bank Limited : 0.12 Cr

Latest Charge Details

Date Lender Amount Status
18 Nov 2023 Others ₹7.50 M Open
23 Sep 2023 Others ₹2.00 Cr Open
28 Jul 2023 Others ₹3.00 Cr Open
28 Jul 2023 Others ₹1.50 Cr Open
26 Jul 2023 Others ₹2.00 Cr Open

How Many Employees Work at Kamal Finserve?

Kamal Finserve has a workforce of 25 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kamal Finserve, 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 Kamal Finserve'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 Kamal Finserve

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100838311 was registered on 18 Nov 2023.

    18 Nov 2023

  • Annual General Meeting

    Kamal Finserve Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 25 Sep 2021 via Charge ID 100481252 with Others was fully satisfied on 27 Sep 2023.

    27 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100791567 was registered on 23 Sep 2023.

    23 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100757152 was registered on 28 Jul 2023.

    28 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100758454 was registered on 28 Jul 2023.

    28 Jul 2023

Frequently asked questions

  • Kamal Finserve Private Limited was incorporated on 24 Dec 1996.

  • The authorized share capital of Kamal Finserve Private Limited is ₹ 5.50 Cr and paid-up capital is ₹ 5.45 Cr.

  • Currently 3 directors are associated with Kamal Finserve Private Limited.

    • Mukesh Kumar
    • Kamlesh Kumar
    • Sanju Chodhari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kamal Finserve Private Limited is Second Floor Cabin No. 10 Sco No. 75, Sector 20 C Sector 20 (Chandigarh), India, 160020.

  • The corporate identification number (CIN) of Kamal Finserve Private Limited is U65921CH1996PTC019200 and the company number is 019200 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kamal Finserve Private Limited has risen by 299.23%.

  • As Per 2023 financial reports, 25 employees are currently employed by Kamal Finserve Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kamal Finserve Private Limited has experienced an upsurge of 49.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kamal Finserve Private Limited amount to ₹ 27.97 Cr.

  • The most recent Balance Sheet for Kamal Finserve Private Limited was filed with the ROC on 31 Mar 2023.

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