Kovid Finance Private Limited

Provides financial and related services such as financing, merchant banking, and bill discounting.

1993 | Kota, Rajasthan (India) | Active
Last Updated: January 23, 2025

Kovid Finance Profile

Key Indicators

  • Authorised Capital ₹ 8.50 M
  • Paid Up Capital ₹ 5.08 M
  • Company Age 32 Year, 9 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 4.30 M
  • Revenue Growth -59.43%
  • Profit Growth -95.62%
  • Ebitda -85.13%
  • Net Worth 0.62%
  • Total Assets -3.15%

About Kovid Finance

Kovid Finance Private Limited (KFPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 February 1993 and has a history of 32 years. Its registered office is in Kota, Rajasthan, India.

The Corporate was formerly known as Alfa Rasayan Pvt Ltd. 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 8.50 M and a paid-up capital of Rs 5.08 M.

The company has closed loans amounting to ₹4.30 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sonia Jain, Virendra Jain, Shakuntala Jain, and One other member serve as directors at the Company.

Company Details

  • Location

    Kota, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pandyagroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120RJ1993PTC007199

  • Company No.

    007199

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Feb 1993

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Financial Services

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

Board Members (4)

Name Designation Appointment Date Status
Shakuntala Jain Country flag representing In Director 20-Sep-1997 Current
Kovid Jain Country flag representing In Director 22-Jul-2019 Current
Sonia Jain Country flag representing In Director 20-Sep-1997 Current
Virendra Jain Country flag representing In Director 03-Feb-1993 Current

Financial Performance of Kovid Finance.

Kovid Finance Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 59.43% decrease. The company also saw a substantial fall in profitability, with a 95.62% decrease in profit. The company's net worth moved up by a moderate rise of 0.62%.

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
-59.43%
Revenue from Operations
9.17%
Total Assets
-3.15%
Profit or Loss
-95.62%
Net Worth
0.62%
EBITDA
-85.13%

What is the Ownership and Shareholding Structure of Kovid Finance?

In 2023, Kovid Finance had a public holding of 20.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹4.30 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.25 Cr
  • Rajasthan Financial Corp. : 0.18 Cr

Latest Charge Details

Date Lender Amount Status
09 Jan 2008 Axis Bank Limited ₹2.50 M Satisfied
08 Mar 2004 Rajasthan Financial Corp. ₹1.80 M Satisfied

How Many Employees Work at Kovid Finance?

Unlock and access historical data on people associated with Kovid 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 Kovid 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 Kovid 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 Kovid Finance

Recent activity within the organization

  • Annual General Meeting

    Kovid Finance Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Kovid Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023

  • Director Appointment

    Kovid Jain was appointed as a Director was appointed as a Director on 22 Jul 2019 & has been associated with this company since 5 years 6 months .

    22 Jul 2019

  • Charges

    A charge registered on 09 Jan 2008 via Charge ID 10085571 with Axis Bank Limited was fully satisfied on 11 Jul 2014.

    11 Jul 2014

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.50 M with Charge ID 10085571 was registered on 09 Jan 2008.

    09 Jan 2008

  • Charges

    A charge registered on 08 Mar 2004 via Charge ID 90074123 with Rajasthan Financial Corp. was fully satisfied on 07 Jan 2008.

    07 Jan 2008

Frequently asked questions

  • Kovid Finance Private Limited was incorporated on 03 Feb 1993.

  • The authorized share capital of Kovid Finance Private Limited is ₹ 8.50 M and paid-up capital is ₹ 5.08 M.

  • Currently 4 directors are associated with Kovid Finance Private Limited.

    • Sonia Jain
    • Virendra Jain
    • Shakuntala Devi Jain
    • Kovid Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kovid Finance Private Limited is Prakash Deep 410 Shopping Center, India, Kota, Rajasthan, 324007.

  • The corporate identification number (CIN) of Kovid Finance Private Limited is U67120RJ1993PTC007199 and the company number is 007199 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kovid Finance Private Limited is https://www.pandyagroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kovid Finance Private Limited has fallen by -59.43%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kovid Finance Private Limited has experienced an upsurge of 0.62%.

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

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