Kunvarji Finstock Private Limited

Financial services provider offering trading, investment, and research services in Gujarat.

1986 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 17, 2024

Kunvarji Finstock Profile

Key Indicators

  • Authorised Capital ₹ 6.25 Cr
  • Paid Up Capital ₹ 9.10 M
  • Company Age 38 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 432.33 Cr
  • Satisfied Charges ₹ 164.17 Cr
  • Revenue Growth 349.59%
  • Profit Growth 158.94%
  • Ebitda 140.79%
  • Net Worth 67.23%
  • Total Assets 26.09%

About Kunvarji Finstock

Kunvarji Finstock Private Limited (KFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 September 1986 and has a history of 38 years and five months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Ronsons Leasing & Finance 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 6.25 Cr and a paid-up capital of Rs 9.10 M.

The company currently has active open charges totaling ₹432.33 Cr. The company has closed loans amounting to ₹164.17 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kunal Shah, Nayan Thakkar, Atul Chokshi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kunvarji.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910GJ1986PTC008979

  • Company No.

    008979

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Sep 1986

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Kunvarji Finstock?

Board Members (5)

NameDesignationAppointment DateStatus
Kunal Shah Country flag representing In Director 08-Feb-2021Current
Atul Chokshi Country flag representing In Director 09-May-2020Current
Nayan Thakkar Country flag representing In Additional Director 07-Nov-2024Current
Ravikumar Diyora Country flag representing In Additional Director 01-Oct-2024Current
Nirali Shah Country flag representing In Director 18-May-2022Current

Financial Performance of Kunvarji Finstock.

Kunvarji Finstock Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 349.59% increase. The company also saw a substantial improvement in profitability, with a 158.94% increase in profit. The company's net worth Soared by an impressive increase of 67.23%.

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
349.59%
Revenue from Operations
350.02%
Total Assets
26.09%
Profit or Loss
158.94%
Net Worth
67.23%
EBITDA
140.79%

What is the Ownership and Shareholding Structure of Kunvarji Finstock?

In 2023, Kunvarji Finstock had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹432.33 Cr

Satisfied Charges

₹164.17 Cr

Charges Breakdown by Lending Institutions

  • Others : 381.05 Cr
  • Axis Bank Limited : 35.00 Cr
  • Hdfc Bank Limited : 16.28 Cr

Latest Charge Details

DateLenderAmountStatus
22 Dec 2023Hdfc Bank Limited₹1.06 CrOpen
14 Sep 2023Axis Bank Limited₹35.00 CrOpen
21 Nov 2022Hdfc Bank Limited₹2.15 MOpen
21 Sep 2022Others₹75.00 CrOpen
01 Jul 2022Others₹300.00 CrOpen

How Many Employees Work at Kunvarji Finstock?

Kunvarji Finstock has a workforce of 65 employees as of Apr 05, 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 Kunvarji Finstock, 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 Kunvarji Finstock'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 Kunvarji Finstock

Recent activity within the organization

  • Director Appointment

    Nayan Kunvarji Thakkar was appointed as a Additional Director was appointed as a Additional Director on 07 Nov 2024 & has been associated with this company since 3 months 14 days .

    07 Nov 2024

  • Director Appointment

    Ravikumar Ghanshyambhai Diyora was appointed as a Additional Director was appointed as a Additional Director on 01 Oct 2024 & has been associated with this company since 4 months 21 days .

    01 Oct 2024

  • Charges

    A charge with Others of Rs. 300.00 Cr registered on 01 Jul 2022 with Charge ID 100597203 was modified on 29 May 2024.

    29 May 2024

  • Charges

    A charge with Others of Rs. 75.00 Cr registered on 21 Sep 2022 with Charge ID 100611738 was modified on 03 May 2024.

    03 May 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.06 Cr with Charge ID 100840376 was registered on 22 Dec 2023.

    22 Dec 2023

  • Annual General Meeting

    Kunvarji Finstock Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

Frequently asked questions

  • Kunvarji Finstock Private Limited was incorporated on 12 Sep 1986.

  • The authorized share capital of Kunvarji Finstock Private Limited is ₹ 6.25 Cr and paid-up capital is ₹ 9.10 M.

  • Currently 5 directors are associated with Kunvarji Finstock Private Limited.

    • Kunal Satishbhai Shah
    • Nayan Kunvarji Thakkar
    • Atul Manharlal Chokshi
    • Ravikumar Ghanshyambhai Diyora
    • Nirali Dhaval Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kunvarji Finstock Private Limited is Block B First Floor Siddhi Vinayak Towers Off S.G. Highway Road Mouje Makarba, India, Ahmedabad, Gujarat, 380051.

  • The corporate identification number (CIN) of Kunvarji Finstock Private Limited is U65910GJ1986PTC008979 and the company number is 008979 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kunvarji Finstock Private Limited is https://www.kunvarji.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kunvarji Finstock Private Limited has risen by 349.59%.

  • As Per 2023 financial reports, 65 employees are currently employed by Kunvarji Finstock Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kunvarji Finstock Private Limited has experienced an upsurge of 67.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kunvarji Finstock Private Limited amount to ₹ 432.33 Cr.

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

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